BINANCE:XMRUSDT   Monero / TetherUS
XMR like the majority of the crypto market has now made a correction since the recent bearish impulse. Currently the market has retraced to the 0.50 fib and is forming a bullish wedge underneath a very strong confluence of supply, which indicates to us that this consolidation is a bullish induction pattern. We will be waiting for the market to sweep the highs trap bulls before we look for short entries

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