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Brisben

Possible Pennant Building In Monero

Long
Brisben Updated   
BINANCE:XMRUSDT   None
Trend Analysis Chart Patterns monero xmr XMRUSDT Cryptocurrency crypto
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trendanalysis chartpattern monero xmr xmrusdt cryptocurrency crypto
Possible pennant setup in Monero-USDT. Stoch oversold. RSI fairly strong, allowing for growth, waiting for volume, and price to go above the cloud. Would probably need to hit the trigger line before any real action takes place.
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snapshot

Breakout happened like clockwork. Waiting for confirmation with a close above the falling pennant line on the 1D. Expecting the price to flirt with the trigger line for a few days, and then if there's volume she might break through and rocket towards 280 or so.
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snapshot

Super interesting long term perspective.
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Breakout confirmed, and travelling nicely upwards!
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Everything is having a bit of a pullback right now due to BTC. Monero could retest the trigger line for support.
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Target 1 @300 USD reached. Aiming for 500 now.
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