saurabhbansal123

Monero Bullish Continuation

Long
POLONIEX:XMRBTC   Monero / Bitcoin
Monero is one of the strongest names in privacy out there, its an old coin with solid fundamentals and development team. Its also one of the most diverse and open-source projects out there - the developer team is far from being being centralized and has an open community.

In terms of TA Monero has been in a consolidation phase for months now and is now forming an ascending triangle. The target (price between the base and trendline) is highlighted in the chart. I'll post more updates as stronger patterns emerge but this one is clearly to look out for in the coming few months.
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