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.
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!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.