Hi,
Monero (XMR) has started to make a breakout from the bullish chart pattern called "Falling Wedge". The bounce came from the upwards trendline and hopefully, it guides the price to the higher levels.
The trade gets confirmed after the Daily candle close above the upper orange trendline and the first target should stay around $85. Second and a bit riskier target stays around $95.
So, wait for a confirmation and pray that Bitcoin does not fall :D
Regards,
Vaido
Monero (XMR) has started to make a breakout from the bullish chart pattern called "Falling Wedge". The bounce came from the upwards trendline and hopefully, it guides the price to the higher levels.
The trade gets confirmed after the Daily candle close above the upper orange trendline and the first target should stay around $85. Second and a bit riskier target stays around $95.
So, wait for a confirmation and pray that Bitcoin does not fall :D
Regards,
Vaido
Trade active:
Yesterday, the price got a pretty god rejection upwards after the retest Falling Wedge upper trendline which now should act as a support. A classical retest situation and the trade is still valid.