Monero has taken a sudden move to the upside following a long consolidation phase.
Wave 4 may or may not have completed but when it does finish wave 5 will begin the move to the upside.
Monero is now listed on Korean exchange
USA are investigating residents who own Bitcoin for taxes they may not have paid. Moving to Monero is a way forward for...
Lots of the alt coins are showing Head and Shoulder patterns. We are in for a rough ride if any of this happens.
I would expect a bounce off the first support zone and then the market will decide what happens next.
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We are in a wedge on the daily. During the last bounce off resistance there has been a retrace and posted a bearish bar with tall wicks. The wicks showing downside pressure.
TP has been set at 50% retrace of the previous swing with a 2R profit.
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