XTZ-BTC Short

Updated
If XTZ continues following its current cycle low and cycle high pattern, we can anticipate for the price to continue downwards.

XTZ file to make a higher high, and was rejected by the downtrend line.

If price reaches between .0002571, it would be an ideal for an entry.

For now, I would stay out of XTZ, there are better opportunities out there.

XTZ will have it’s time, but now it doesn’t seem like it.
Trade closed: target reached
This short played out nice! We are now at potential buy zone, swing low opportunity!
tezosTrend AnalysisxtzXTZBTC

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