Brisben

Monero Looking To Continue Flying The Flag

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BITTREX:XMRBTC   None
Monero has been a megabull of late, making some long overdue moves to solidify itself as one of the premiere alt coins. Based on previous patterns this could continue in the coming weeks. Chikou span is still way above. RSI is strong but the Stoch seems to be finally coming down a bit (we saw some consolidation today below 0.03, but it bounced back quickly. I expect the trendline to maybe touch the bottom of the flag once more but then ride the upper line until a breakout. Keep an eye out for some more consolidation and try to get in low.
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Possible pennant forming within the flag
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