Monero has been in a rally for around 300 days.
We brokeout past the recent high of $100 and now I believe we are setting up for a good size pullback.
I have my eyes set on a catch at $100 as a potential major breakout retest, the we will bounce towards the ATH.
My ema dots indicator on the bottom is showing a red dot which is a sign for sell off. The week will close in 1 day which will help me confirm on trend. The candle above is showing compression with sideways movement, with price shifting below the candle.
We brokeout past the recent high of $100 and now I believe we are setting up for a good size pullback.
I have my eyes set on a catch at $100 as a potential major breakout retest, the we will bounce towards the ATH.
My ema dots indicator on the bottom is showing a red dot which is a sign for sell off. The week will close in 1 day which will help me confirm on trend. The candle above is showing compression with sideways movement, with price shifting below the candle.