TradingView
Zivul33
Jan 28, 2022 7:05 PM

Can privacy crypto's be a hedge for crypto regulation season? Long

Monero / U. S. DollarKraken

Description

Throughout time we have seen how privacy tokens demand have raised with regulation fundamentals from governments. this phenomenon usually takes place as certain crypto investors rush to privacy coins such as Monero (XMR) to avoid any problems arising from any regulations on cryptos.

In the charts above you can see how Monero has declined to its major support and is currently trapped within a bullish diamond bottom prior to making a bullish swing.

The risk to reward ratio from this three-drive Setup is extraordinary as a swing to the midline of the channel and or the top of the channel gives us a great risk to reward ratio.


For BTC Roadmap and its effects on alt's view BTC chart below.


"We are in crypto to remain cryptic." S.S

Comment

Trade active

Comment

Comment

Comment

Comment

Comment

Comment

Comment

Comment

💎

Comment

Comments
FudBox
Been a fan of XMR for a many years and saying exactly this. XMR could be a significant haven for wealth preservation, unless of course "they" manage to lock down the nodes. Dunno, time will tell.
mohammadrezaghafoori
🤘🏻
Vibranium_Capital
Solid work my friend
aliasghari1374
chera to engadr khubi 😘😘
jesiMM
🙏❤️
mehrdadfaramehr
good job bro 👌👌👌
soorena110
excellent thanks
More