Weekly XTZ on our trend timeframe showing an uptrend with no signs of reversal. Stochastic RSI showing momentum in favor of the bulls with no signs of reversal. We should expect next week's candle to make a push towards $3.80, possibly higher with enough momentum.
Daily Shifting over to our pattern timeframe we see XTZ has formed a higher high at $3.60 and is now looking for it's higher low. Price is currently testing our support at $3.23 if we hold here expect XTZ to break $4.00. A daily close below $3.23 and expect a sell-off towards $2.70. Stochastic RSI showing momentum is at a halt before our next big move. The sentiment is XTZ will make the same parabolic move ETH made in 2017 from $3.00 to $1,400...only time will tell, but definitely one of my favorite coins.
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