chickenboye

XMR/USD Bullish Falling Wedge?

Long
chickenboye Updated   
KRAKEN:XMRUSD   Monero
XMR to $800+ in the cards

www.thinkmarkets.com...lling-wedge-pattern/

contiuation of decrease in volume as channel trend lines converge confirms pattern.

Usage metrics bullish as ever. XMR is long overdue for a real pump imo.
Comment:
up a cool 10% if you entered XMR/USD at time of publishing, but we are still in the wedge, so who the hell cares? :)
Comment:
BREAK. THAT. WEDGE.
Comment:
looking good.

someone tried dumping >10k XMR in one hour on kraken, with 8,000 of these XMRs being sold in one minute. Price went to 259 and recovered. Kraken usually has a daily volume less than this seller.

If we can survive that dump, I think the bottom is in.
Comment:
weekly closes tomorrow. looking good for a breakout!
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