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artgen567

Monero - Falling Wedge Long

Long
artgen567 Updated   
BINANCE:XMRBTC   None
Chart Patterns Technical Indicators xmr XMRBTC monero
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chartpattern indicator xmr xmrbtc monero
Monero now in BTC and USD in very attractive zone.
Waiting for breakout this falling wedge today or tomorrow.
Stoch RSI on 1D ready to start.

I publush possible reversal and target zones.
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Comment:
Touch upper line of falling wedge. Looks like breakout soon, but it can be no the end of correction.

Why? Look at volume - nothing big today. I wanna see the big volume to be sure that correction is over and we have the dip.

And looks at support lines we can move possible reversal level little bit up - around 0.0239 zone.

About USD - I think dip already happen, because we touch 0.236 fib level of last run. We can go lower, but it will be extremely i think.

snapshot
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