Stugazi

Monero on cusp of breakdown?

Stugazi Updated   
BITFINEX:XMRUSD   Monero
4
I'm a fan of Monero but this triangle points to a breakdown and possible buying opportunity soon.
Comment:
A symmetrical triangle usually breaks in the direction of the dominant trend. Looking at this you could argue the trend is up (or down) depending on view.
Order cancelled:
Never traded it. Just charted it. =)

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.