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dontdaytrade
Oct 10, 2020 11:06 PM

XMR has almost completed measured move 

Description

XMR has completed the measured move from the breakout of the consolidation box.
This also lines up perfectly with a fairly major resistance level from back in June/July 2019 and September/Oct 2018
I don't expect XMR to crash, it will probably go sideways before breakout.
If XMR can break $120 and hold support, I would expect a move to $200-215.

Comment

Closer look at the channel it is in

Comment

And an upper resistance line. If it can reach this resistance again and retest and resume off $120, we are golden
Comments
padawannabe
XMR USD 133, do we have to expect a retrace in your opinion or this coin is going straight to 200 usd? Thx
dontdaytrade
@padawannabe, Sorry I didn't see your comment until now. Guess we got our answer to that question now haha
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