First thing, red resistance line has been broken coming from many months back. Price is indicated to have a good bullish +30% to +40% in the coming month, depending on BTC stability.
In that case, I have marked the local resistance zone.
For a quicker time frame we are actually in a resistance zone right now, and it's very much possible that it will go down towards $2.00 before finally going up. But please keep in mind, overall XTZ is bullish on long term. (4-6 months)
I am linking the shorter time frame (45 min candles) chart below, so you can keep track. With the daily chart above, now you can keep track of important zones.
Good luck!
P.s. I walk the talk, and my trade performance can also be seen on the 45 min chart below. Scroll to the bottom to see my net profit in one year! and my success rate.
In that case, I have marked the local resistance zone.
For a quicker time frame we are actually in a resistance zone right now, and it's very much possible that it will go down towards $2.00 before finally going up. But please keep in mind, overall XTZ is bullish on long term. (4-6 months)
I am linking the shorter time frame (45 min candles) chart below, so you can keep track. With the daily chart above, now you can keep track of important zones.
Good luck!
P.s. I walk the talk, and my trade performance can also be seen on the 45 min chart below. Scroll to the bottom to see my net profit in one year! and my success rate.
Note
As I mentioned in the chart, we are in a resistance zone in the short time frame (45min). I mentioned we will hit $2.00 before going up. Now would be that time.Trade active
Putting long position
Related publications
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.
Related publications
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.