May seem unlikely but XMRUSD could reach 342 zone next week KRAKEN:XMRUSD broke two important technical resistance levels: diagonal resistance line and 200 DMA. Now is consolidating under the HTF resistance of 288.
Considering the general crypto bullish trend and that also BINANCE:XMRBTC has fallen to the HTF support of 0.0502 (where we should see a bounce) it is likely that the trend in KRAKEN:XMRUSD should resume sharply.
Since the bar pattern is in absolute terms the projection may even be conservative. On log scale it reaches 400 USD
Going long around 276 seems a good RRR.
SL in the 255 zone at 99 DMA