XMR: Monero losing value vs Bitcoin
Was looking at altcoins and stumbled upon this chart, showing us a very bearish RgMov moving ahead of price.
I can obtain a time and price target from this chart, which is represented by the triangle and the arrow showing the trayectory and trend starting point.
Pattern traders will recognize a Head and Shoulders formation at the top of this rally, with notable bearish divergence in CCI, and ROC starting to trend down.
Will update along the way.
Update:
Target 1 hit:
I can obtain a time and price target from this chart, which is represented by the triangle and the arrow showing the trayectory and trend starting point.
Pattern traders will recognize a Head and Shoulders formation at the top of this rally, with notable bearish divergence in CCI, and ROC starting to trend down.
Will update along the way.
Update:
Target 1 hit:
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