MuMPiTz

Monero Forming Massive Cup And Handle

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KRAKEN:XMRUSD   Monero
This is a weekly chart! If the handle is formed, the resistance is broken and the pattern is validated it will clearly be time to go long.
You could also enter now and trade with a stop loss that ends above the upper half of the cup as otherwise it will no longer be a Cup & Handle pattern.
Targetpoints for me would be around $800, $1000 and $1200.
In regard to the coins fundamental values: It's still the darknets number one choice privacy coin :)

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