Brisben

Possible XMR fall on the cards

Short
POLONIEX:XMRBTC   Monero / Bitcoin
I really hope I'm wrong about this one, but it looks like XMR is forming a descending triangle. Support has been solid over the past month or so, but resistance is also strong. If we see more instability in BTC we could easily see XMR slip a bit to previous support. I hope not, but you have been warned.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.