LONG Going through a correction and a strong accumulation, XMR prepares to give the great blow or to keep us in vilo within a channel by a time until moving in the style of Monero. I say channel (for the Bollingers that are closing day by day)
What struck me most was that the last pump did precisely in conjunction with the BTC pump (see blue line) when it was always the opposite. To take this fact into account. And I do not want to see the behavior of ZEC and Of XMR / USDT against XMR/BTC
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I put LONG, because the low volume and at 2hs /4 hs TF a head and shoulders pattern was formed.
@gLloW The amount of drugs you are doing is too hard man.. straight fall to 0.001 lol.
gLloW
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@TahirKhan2a, that might be true, but I did draw the line too far, it's more like .003. with bear (or bull) flags, I usually assume that the fall is proportional to the rise. Regardless of where it might fall, my point was that there is potential for a significant downturn. Another reason that I am thinking it might reverse is that it recently broke the weekly wave uptrend channel and hasn't corrected for it yet.
gLloW
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I'm on the fence with XMRBTC. part of me agrees with your analysis, but I'm very cautious because it's at the top of a potential bear flag. If it doesn't break out soon, it could have a big fall.