--- Continuation from the previous post on XTZ, link below ~~~
Hi All,
OBSERVATIONS: ================== > The 2 Day chart has given a nice bullish candle off a strong support area and fib level in an uptrend on the macro. > The daily chart below gives indicators as a reversal with upward pressure. > 21/34 EMA has confluence with the price and trend. > BTC moving sideways > SP500 steady and likely to go slowly with some undecided upward direction, some more.
THOUGHTS: ================== Buy, look at the lower time frames to decide when to go in.
Cheers, S.Sari
DAILY Chart:
4 HRLY chart: 2 touches to confirm support. You might want to wait for another touch but unlikely.
PREVIOUS POST Have changed my mind on the ABC pullback, based on what BTC is doing for now.
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