MONERO retrace to the 200 SMA before next leg up.
I think XMR takes a trip down to test the 200 at around 7300 sats which also has strong support. Still bullish on this but think we go lower for now.
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Target almost reached. Will we find support and bounce from around 7300 sats? I'll be watching closely and will go long from this region if we do find support.
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Target hit. What now? BTC possibly looking like it wants lower so this may affect us here. I do expect at least a bounce from here though. A daily close above this region would give me confidence.
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Hit target but dropped straight through. Want to see it reclaim before i can be bullish. All eyes on BTC though.
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Closing this as target reached.