XMR/BTC showing a textbook wyckoff accumulation

11 Ara 2020

XMR/BTC seems to be in a textbook wyckoff accumulation that is close to breaking out. Monero has been flying under the radar during the past weeks while other cryptos have been rallying like crazy. The fundamentals of this coin are very solid. And now I think we will be seeing a nice rise.
Only BTC can prevent this with sharp drop or rise. So use stop-loss at all times.


The wyckoff fits almost perfectly.
i.ibb.co/SNX5Yx6/xmr-wyckoff-kkang.png

11 Ara 2020

Not

Here with Wyckoff overlay
i.ibb.co/Y27PnWN/xmr-wyckoff-kkang.png

12 Ara 2020

Not

It broke out nicely, as expected :)