Long

Monero on course for big bullish breakout!

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Chart: XMR/BTC (Daily)

Monero has been pushing up gradually and consistently, the 0.5 Gann Box price/time line has been hit. If Monero pushes past this convincingly, this line will turn from resistance to support and we can expect more bullish action.

Monero took a big hit from the recent crash and could be a very good time to buy back in.

Next resistance points include: (a) 0.011475 (b) 0.019546 (c) 0.027618 (d) 0.03569. Depending on how bullish you are would determine your targets.

Let me know in the comments what you think!

Disclaimer: NOT professional advice, invest at your own risk.




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