Expecting XMRUSD to continue to a level around $60, not much lower, before returning to current range. Recent highest high is not expected to be broken until BTC USD returns to its bull run, i'm predicting this will not happen until mid 2020, before that i expect XMRUSD will continue to trade in the current range, this may change depending on price action over...
General thoughts: overall long BTCUSD. Trading in this triangle perfect trap for bears and bulls, my thinking is that price action will IGNORE the triangle, continue in the existing range for a while before eventually breaking to upside. May see some volatility around the triangle as it closes. Price may hit low of around $7500 at an extreme, this, i believe...
Looking to extend further up before looking at short positions from indicated level, current price action looks like a bear trap.