XMR/BTC Daily Chart WOW!steemCreated with Sketch.

in finance •  8 years ago 

Draw your own conclusions, friends...

But I'm betting the next leg up is imminent. Look where it touched off of that last trend line/fibbo intersection. Last time it did that it hit resistance and confirmed a downward trend line, but now it's getting squeezed! I think it's about to pop.

You be the judge:

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Looks like its down a little more

Yep. Moving pretty aggressively to the downside as I'm looking at it right now. Disappointing.