atradingguy

XMR 2020 Analysis

Long
BINANCE:XMRBTC   None
Since the new year broke, so too did the resistance that was holding down Monero (XMR). It has done some very impressive moves on the chart, whomever is the market maker is really having a blast with the volatility.

As you can see from my analysis, XMR is in an ascending wedge, and looks extremely bullish.

Points appear to converge on the short term around the 14th or 15th.

Should be a fun ride.

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