Monero / Tether USD

XMR 250.0 - 300.0 channel

143
The pair still holds on the Neckline of the Reverse Head And Shoulders pattern, drawn on the recent lows. By the last downtrend, an Angle Resistance emerges and now is the time either to cross it, and prove that the 250.0 - 260.0 is strong resistance, or to develop the fall further, which will affect the global scenario.
The probable scenario would be lateral moves in the 250.0 - 300.0 zone.

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