We are on the long term resistance. If it breaks out, you can expect 100-120ish or even higher. Set XMRUSD to your alert. Fundamentally, Monero is better than bitcoin . Give it time and XMR will take over the market. Get in early and HOLD.
or
trade that beast when it breaks out. The only issue in this pattern is the lack of volume IMO. Need more volume for a powerful break out. Remember that we are in crypto Volume can pop out of nowhere ...
Hi,
nice chart.
Volume is dropping because you are looking only at poloniex. When you look at other exchange for the same paper (e.g. Binance) you'll see that the moves of the last days are very well supported by volume!
best regards,
TraderT33
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@TraderT33, "for the same paper" should be "for the same pair" obviously
UnknownUnicorn3595641
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@TraderT33, You are totally right my friend.I Didn't notice the binance volume VS poloniex volume.
Thank you for the tip!