XTZ is near good supports
XTZ rejection from the 1.50 area was strong and sudden. This fall brings laready the token in the begining of what could be a floor for this corrective move. Current fall may well have more time to consume with sideways to down action towards 1.13. This area is seen as a very good candidate for a floor. As long as we don't see a trade below 1.05, we still favored more upside action in the longer term.
Momentum is largely positive, with a rise seen as impulsive, thus our bullish outlook in the mediumterm, 8-30 days.
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Momentum is largely positive, with a rise seen as impulsive, thus our bullish outlook in the mediumterm, 8-30 days.
The TTH team is pleased to announce the grand opening of its Slack team. You will share trading ideas with our community, improve your trading skills, benefit from live intraday technical analysis and strategies. Video sessions with TA teaching and concrete cases are on the agenda too.
Welcome bonus with a free trial
Link to the : Slack team
If you want a preview of our analyses,
follow us on Twitter
follow us on : Facebook
follow us on : LinkedIn
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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.