braddles69

XMR schiff-pitchfork, break up into the median channel

Long
KRAKEN:XMRUSD   Monero / U.S. Dollar
This is my first foray into charting (be gentle)...;)
Looks like the price action is aligning well with the channels above, has just droppped out slightly from the median channel, only on low volume
I would expect it to hover here for the next day or two and then maybe break to the upside, needs good volume to overcome a confluent resistance at $95, but the overall trend should support such a move.

As this is my first use of charting and Schiff Pitchfork , if I have made any errors please let me know...here to learn and feedback is welcomed.
TIA

Comments

Yep, tanked right out of the channel...hard day for all alts....means it's back to the drawing board...tks for the like and comment...;)
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Looks like the BTC whale is bringing the whole market down with it today.
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