Will the bullish xmr trend continue? Maybe.

Possible C&H or ascending triangle on breakout upward, risk of double top on break down from channel. Watching bottom trendline while keeping in mind crazy volatility if btc has strong moves. Market takes a while to react to btc moves as most volume is in xmr/btc pair. Looks pretty stable so far so I have a small long on spot going from bottom of channel.

Fundamentals: xmr is still the clear leader in anonymous crypto tech that doesn't have issues of trusted set up and is as close to perfection as possible.

This is just my speculation, not trading advice, I don't know anything. I like having some anon coins just in case off exchanges.

Kommentar:

I didn't mean to post xmrbtc as I'm looking at it from xmrusd perspective. But best breakouts and moves happen on both charts at same time.

aiming for that top of channel at $40