🔥 XMR In A Pennant: Break Out Imminent

От FieryTrading
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
Bitcoin (Cryptocurrency)BTCChart PatternscryptoTechnical IndicatorsTrend Analysisusdtxmr
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