Consolidation mode in Bullish Pennant. Great for swing trade, but don't miss the breakout train!
Pattern: Channel Up on 1W. Signal: Bullish on the 57.000 Support and the Channel's estimated Higher Low. Target: 77.000 (the 1W Resistance level).
Monero remains neutral on the short term, balanced between the 1D Triangle (neutral RSI = 49.559, CCI = -49.0229, Highs/Lows = 0.0000) and the 1W Falling Wedge (MACD = -24.189, B/BP = -13.0206). Technically until either the 143.282 Resistance or the 96.192 Support break, the trend will remain neutral. However we are still more likely to see Lower Lows based on the...