Monero seems like it wants to break out. The past few days resemble the start of the bull-run at the beginning of November of 2017 (see pink rectangles). It's also resting just above daily support. Good risk/reward ratio. Opening a small long here. Will update accordingly.
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Monero is up against its first major resistance (at $270). I am going to take a little bit of profit, as I expect it to pull back to $250ish.