Updated
#XMR/USD: Monero: Bearish Flag
It seems like a bearish flag is close to being done and XMR/USD lacks a further bigger move as an indication of a breakdown. A bearish flag often identifies an interruption of an uptrend if price breakdown occurs. XMR/USD risks extra losses towards 172 on a breakout of the bearish flag.
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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.