XMR seems to be hanging very well in this channel, if plays out we should see 400%+ in under 2 months.
As we see the chart is currently moving in a sideways direction. It is a good situation to enter a swing trade. This is a 4hs chart the trade could run over several days. The breakthrough of the Symmetrical Triangle may lead to a new upward trend.
If it breaks up, expect massive gains! Vice versa for if it breaks down haha. I'll post TP and other updates soon. Let me know what you think!
Looks like we had a pin bar reversal candle on the 19th with lower highes and my non repainting buy sell indicator setting was set to sensitive to detect and confirm a downward trend. We have a support level at 0.018000 this is where we will put our take profit
XMR is trying to break its resistance and it has resitace at 0.0107 and then if it breaksout to 0.01105 then a breakout may happen to try and break other resistance levels.