XMR volatility coming soon to an exchange near you!

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  • Monero currently in an ascending triangle, given current downtrend the expectation is for this to be a consolidation period before proceeding downwards
  • Possible upside movement should be accounted for
  • Either way, wait for a breakout to either side with a safe SL just under broken trendline
  • Set TP at 50$ deviation from broken trendline (Derived from measuring triangle at widest point)
Ghi chú
Fakeout on shorter time scale, but next attempt will likely succeed given uptrend on all other alt coins
Ascending TrianglemoneroSupport and ResistanceTriangleVolumexmrXMRUSDT

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