Possible cup and handle pattern with monerosteemCreated with Sketch.

in cryptocurrency •  8 years ago 

Hi folks, I spotted a possible cup and handle pattern within the 1h XMR/USD chart.

bitfinex-xmrusd-Aug-22-2017-14-37-47.png

I am not a technical analyst and please excuse my poor drawing skills but this pattern often leads to a short decline, followed by further gains.
This is not investment advice, I just wanted to share this with you ;)

Have a great day!

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