Monero (XMR/BTC) + BTC/ETH/LTC Technical Analysis!
Weekly
Looking at our highest timeframe we see XMR is an aggressive downtrend, breaking our support and showing no signs of slowing down. Stochastic RSI showing momentum not slowing as well. Major support shown at 1725000 expecting a bounce off this level, will be looking at the daily timeframe for a confirmation of support. In the meantime we sit on our hands and wait for price to reach it’s target, remember money is made in bear markets and collected in bull markets.
Conclusion
- Buy: After Daily Support Confirmation At 1.7 million satoshis
- Sell:
Comment Down below what coin you want me to do next! ;)
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Disclaimer: I am not a financial advisor nor am I giving financial advice. I am sharing my biased opinion based off speculation. You should not take my opinion as financial advice. You should always do your research before making any investment. You should also understand the risks of investing. This is all speculative based investing.
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