FieryTrading

🔥 XMR In A Pennant: Break Out Imminent

BINANCE:XMRUSDT   None
Just like BTC (and other cryptos) XMR is currently trading in a pennant formation. Since XMR is currently trading at the bottom of the pennant, there's a reasonable chance that the price shall reverse soon towards the pennant's resistance, assuming BTC won't fall too much.

In case of a bearish break out, the main target would be $200. For a bullish break out, that would be $330.

All things considered, XMR has been performing quite well since the BTC dump. In case BTC will get bullish again, XMR will be one of my top picks.

Happy tr

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