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RandomOracle

XMR Breaking Down

Short
Monero / Tether USD (POLONIEX:XMRUSDT)  
RandomOracle Updated   
POLONIEX:XMRUSDT   Monero / Tether USD
Trend Analysis Chart Patterns Flag
16
4
trendanalysis chartpattern flagpattern
XMRUSDT BINANCE:XMRUSDT

snapshot

Breaking down out of a bearish channel after a major rising wedge breakdown, buy areas below (support)

Because this is a renko chart I'll update manually in the updates
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Bottom of channel held long enough to close a bullish reversal brick, however still stuck in local range
No decisive momentum at this current moment
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Bearish breakdown confirmed on the daily for now
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First buy was hit
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Intra-day local double bottom
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Looks like a local upswing is on the cards before the macro trend likely continues
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Brick printed
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Buy area 1 holding as support for now on daily chart
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Added BTC Pair support region & resistance levels to watch out for
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