Higher because of the "third touch" at a resistance level, usually first two touches validate the resistance. The third touch breaks through, indicating a uptrend, This is actually market psychology and the belief that repeated tests of resistance weakens it!
You have had 500 days to buy ad that major support level which is the white support line,
XMR has broken out from the blue dashed line and in short term can easily pump to the green resistance line and break that level as well!Note
if it completes that pattern it actually makes a huge W pattern and then price can surge to $1000
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Disclaimer
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.