LukeSkywalker

XMR (MONERO) about to take off?

Long
LukeSkywalker Updated   
BINANCE:XMRBTC   None
Really simple chart analysis.

What we are looking for is for the fibonacci levels to hold, so it can continue its uptrend that the red trend line indicates on the daily chart.
Comment:
With the hardfork announced earlier today, nothing major has happended. Looks like we found support at the Trendline.

If fibonacci 0.854 holds at the (0.025058) price point, we should be seeing a steady increase in price. If it breaks. We are going to see a drop down to fib 0.5(0.023475)

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