FutureAmericanExpat

XMR poised for historic breakout?

Long
KUCOIN:XMRUSDT   Monero / Tether
Volume steadily increases...
While price steadily decreases...

I'm glad that I was able to bring ZEC back out on the daily ticker, on my last video, to observe the historic downward trend; because, I was able to notice something very bullish about Monero. As XMR's price continued to fall over the last year, it's volume steadily increased. This, to me, has always been a sign of a historically dramatic breakout. I don't want to get anyone's panties a'flutter with this, nevertheless, it's just a facet of charting that I've noticed over time.

Volume goes up, while price goes down... they both always meet in a middle for a huge spike.

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.