- This week XMR has been trending up within the channel
- Strong trend support (lower bound of channel) set to continue
- Tested resistance at 31,000 sat's twice today already. If this breaks through the price will likely spike upward
- over past day has slowly increased - likely accumulation before takeoff
- Decreasing indicating that is reducing and BB Squeeze is likely
- Cyclical increasing patterns of DMI+
Look to accumulate in the bottom half of the channel and ride the gain train.