Is this a flag or descending triangle?
To me it looks more like correction time. Monero had several moves up, now the high probability scenario is favouring a correction.
Please refer to the chart for potential targets.
To me it looks more like correction time. Monero had several moves up, now the high probability scenario is favouring a correction.
Please refer to the chart for potential targets.
Trade active
the triangle broke, lets see if it can reach target
Trade active
Triangle Target achieved. Depending on Bitcoin we will see if the rest of the idea will also take place
Trade closed: target reached
Happy days, target reached much sooner than expected.I am expecting a bounce to low 90s
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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.