foobarzoo

foobarzoo

Folks, we have big ass W right here on the chart. Rocketing up still it seems.

foobarzoo

There's a puncture in the major resistance line of the down trend started 2011/9. Gold to the moon.

foobarzoo

Looks like bearish pennant to me. Expecting decline at 0.039 levels.

foobarzoo Updated 

Monero is about to break out soonish. I am betting on bull but bearish break-out also possible. Strong support still lies on 0.011 level.

foobarzoo

It seems that break out would happen in a week. Falling wedge is giving us a bullish bias. However it would be wise to wait for confirmation until the breakout actually happens.

foobarzoo

Might be a good idea to short Monero until the 0.0154 level. If the 1st support breaks strong support lies at the 0.011 level.