Can privacy crypto's be a hedge for crypto regulation season?
Throughout time we have seen how privacy tokens demand have raised with regulation fundamentals from governments. this phenomenon usually takes place as certain crypto investors rush to privacy coins such as Monero (XMR) to avoid any problems arising from any regulations on cryptos.
In the charts above you can see how Monero has declined to its major support and is currently trapped within a bullish diamond bottom prior to making a bullish swing.
The risk to reward ratio from this three-drive Setup is extraordinary as a swing to the midline of the channel and or the top of the channel gives us a great risk to reward ratio.
For BTC Roadmap and its effects on alt's view BTC chart below.
"We are in crypto to remain cryptic." S.S
In the charts above you can see how Monero has declined to its major support and is currently trapped within a bullish diamond bottom prior to making a bullish swing.
The risk to reward ratio from this three-drive Setup is extraordinary as a swing to the midline of the channel and or the top of the channel gives us a great risk to reward ratio.
For BTC Roadmap and its effects on alt's view BTC chart below.
"We are in crypto to remain cryptic." S.S
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🦦🎢👍🏻
Trend Breakout architect
—> join my free telegram channel ✅🚀✅🚀✅🚀
t.me/cryptosanction
