XMR is getting compressed like a spring. Also Bollinger Bands shows us the market is getting ready for a sudden movement.
Pay attention to the meaning of colors:
Pink zone: Critical Support and Resistance Zone.
Yellow lines: Long-term triangle wedge.
Red line: The most important resistance line over Pink zone. The price must be closed over the line to presume it's broked.
Green line: The most important support line below Pink zone. The price must be closed below the line to presume it's broked.
Gray dotted line: Another historical important Support/Resistance line.
Pay attention to the meaning of colors:
Pink zone: Critical Support and Resistance Zone.
Yellow lines: Long-term triangle wedge.
Red line: The most important resistance line over Pink zone. The price must be closed over the line to presume it's broked.
Green line: The most important support line below Pink zone. The price must be closed below the line to presume it's broked.
Gray dotted line: Another historical important Support/Resistance line.