Continued Accumulation or time for takeoff
Seems like there has been accumulation with XMR for the last 6 weeks. resistance at a shade under $150 has been approached, but not violated. the 1D chart shows XMR maybe ready to break out (trading above the cloud, Tenkan and Kijun) chikou needs a little more time for confirmation. Volume has been flat and RSI has been climbing but I need more info. A break of $150, along with Ichimoku giving me all the buy signals I like and I'll be ready to dip my toes. A touch to the resistance and a retrace and I'll wait my time. Keep an eye on it. Let me know what you think. I'm not a trader, but I did stay at a Holiday Inn last night.
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