XMRBTC Weekly, Multiple Confluence of Breakouts Converging

24 de set. de 2020

Downtrend is not best fit, but is relevant, as the best fit resistance line already broken weeks ago. Confluence of 100MA, resistance line, and .009 (from Feb). Simultaneous break of all of these at once (probably 2-6 weeks away), is insanely bullish for the ratio. XMRUSD weekly painting a similar picture (see my other post).