chickenboye

XMR/USD Bullish Falling Wedge?

Long
KRAKEN:XMRUSD   Monero / U.S. Dollar
XMR to $800+ in the cards

https://www.thinkmarkets.com/en/learn-to...

contiuation of decrease in volume as channel trend lines converge confirms pattern.

Usage metrics bullish as ever. XMR is long overdue for a real pump imo.
Comment: up a cool 10% if you entered XMR/USD at time of publishing, but we are still in the wedge, so who the hell cares? :)
Comment: BREAK. THAT. WEDGE.
Comment: looking good.

someone tried dumping >10k XMR in one hour on kraken, with 8,000 of these XMRs being sold in one minute. Price went to 259 and recovered. Kraken usually has a daily volume less than this seller.

If we can survive that dump, I think the bottom is in.
Comment: weekly closes tomorrow. looking good for a breakout!