Watching this pattern here. A/E forming and looks as though its just about to the neckline (~$340). In addition to the pattern formation, XMR vs BTC just broke out of a triangular consolidation (waiting on a daily close above upper resistance to confirm). I looked at these charts before realizing there is also a XMR fork proposed for the near future which could also drive the price up some. Keep an eye out. For now, it looks like a decent start to a long.
*not investment advice, merely observations.
*not investment advice, merely observations.
Note
XMR vs BTC for reference:Note
Neckline confirmation:Note
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.