I think Monero is going to take off again soon. It has already had some serious pumps recently, but it looks to be building a mid term (3 weeks) pennant. There is a heavy squeeze on at the moment, but once that breaks we could see big upside. RSI looks strong, Stoch indicates the potential for upside. There is certainly a big resistance zone to break through, but if we get through there Monero could fly again.
I recommend hedging your bets (buy 0.1 btc at entry 1, 0.2 btc at entry 2, 0.3 btc at entry 3 for example).
PM me for entries and targets or other custom charts (small fee).
Also, keep an eye on XMRUSD, it's not clear yet which one will be the better one to trade. Depends on BTC movements.
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Monero 1 day chart is mouth-watering. RSI is strong. Stoch is way oversold. Bolinger Bands are in the middle. Chikou span is way above. Looking good XMR hodlers.
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Hope you got on the rocket before take off :)
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Call me a dreamer ;)
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Big drop, but no worries, day chart still looks beautiful