XMR formed an adam & Eve bottom at the long term support line, broke the resistance and reached the price target for A&E. It has confirmed the previous A&E resistance as support several times on the 1D. Now forming a bullish pennant with a price target between .022 and .0236.
It looks like we're mirroring the downtrend from 11.8 to 6.5k (which itself was a mirror of the descend from 19.8k to 6k). The descent is currently stopped at the 0.382 fib, which is also the area were we bounced after the first attempt to the high 9k. I'm expecting a bounce to 8800+ before resuming the downtrend.