Possible bottom for XMR.

156 0
Keeping it simple with a basic chart.

Looking at XMR in Log mode over 2 years we can see the price bounce between two well defined low and high trend lines in a channel, previous attempts to breach have been sharply rejected on both up and down price movements.

The RSI has reached 30 for the second time in it's history on this 2 year model. Expect either A. A price reversal. B. Hell. Personally I see this as an opportunity to go long.

We shall see.
Comment: Boom. We have a price reversal on the dot.
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