XMR - getting ready to move up

Some bullish signs for Monero this week:

• XMR price is breaking the Lead 2 ( Senkou span B, red border of the Kumo, ), trading above the Kumo cloud
  
• Lagging Span (Chikou, green line) is above the price
  
• In 2016-12-21 Lead 1 (Senkou span A, green border of the Kumo) crosses Lead 2
  

To be more sure in the coming XMR up-move wait till Crossing Line (Tenkan Sen, blue line) crosses the Base Line (Kijun Sen, red line)
The price target for the trade would be around 0.0143 XMRBTC - the value of the Kijun Sen on the weekly chart.

Kommentera:

XMRBTC can take another attempt to break up the long term resistance from the weekly Base Line

but first it should try to keep the support from the daily one