Today I am watching XMR for a potential breakout of a . This pattern comes after a breakout of major descending resistance which signals the end of the bear market.
Currently prices are tagging resistance of the which is why I am waiting for confirmation one way or the other.
For a bull break to occur the best entry will be the retest of resistance now acting as support.
Another option I am watching is for price to reject off this resistance and fall back to trending support one last time before a break.
Either way I am with how this is accumulating and will be watching for my target to be met.