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Prometheus777

Monero (XMR) touching support line of a huge ascending triangle

Long
Monero / Bitcoin (POLONIEX:XMRBTC)  
Prometheus777 Updated   
POLONIEX:XMRBTC   Monero / Bitcoin
Trend Analysis Chart Patterns xmr monero BTC Bitcoin (Cryptocurrency) Cryptocurrency crypto
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trendanalysis chartpattern xmr monero btc bitcoin cryptocurrency crypto
XMR is still inside its huge ascending triangle . Do not expect the pattern to be very clean because of BTC value beeing volatile and XMR beeing traded in BTC nearly 80% of whole volume. Note how everytime XMR touched the support area the RSI went into oversold or nearly oversold, this is repeating right now again, I think the sellers will lose steam here and expect a fast rush up.
Comment:
Like predicted the bounce happened on the trendline. XMR with many good news.
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