consistent support line through breakout retest of resistance , turned support
OMGBTC 5% of depo signal / wait to buy sharpe / -3.72 sortino / -0.59 24high / 0.0000243
#theminimalist AEBTC / 5% of depo / strong buy sharpe / -3.76 sortino / -0.60 24high / 0.0000749
Buy will continue as per the LongBuyLongSell Indicator
XMR grew significantly yesterday and started a correction. Double (triple) bottom was formed which completed XABCD pattern. We expect a reverse of the trend and mid - long term growth of this coin. Moreover a great fundamentals and growing dark net demand will skyrocket the price of XMR. Furthermore there is an upcoming fork XMV.
Overall the pair is trending up with Daily MA8 above Daily MA21 which gives us trend confirmation. We also have MA200 on 15m chart rejection , combined with short term trend line. Enter with 1:1 RR , but keep in mind for potential new highs.