Hello, Traders!
XTZ continues the consolidation phase in the range of $1.84 - $2.22
After the long-squeeze, we can observe the buyer's interest in the asset.
The value of the RSI indicator on the 12H timeframe drives out of the bearish zone.
Entry into the deal can be observed after the level of 0.382 of Fibonacci retracement in the range of $1.98-$2.08
The SL can be considered under $1.86
Price targets: $2.41 $2.65 $2.90
Good luck and watch out for the market!
P.S. This is not a piece of financial advice, but a trade I would be following myself
XTZ continues the consolidation phase in the range of $1.84 - $2.22
After the long-squeeze, we can observe the buyer's interest in the asset.
The value of the RSI indicator on the 12H timeframe drives out of the bearish zone.
Entry into the deal can be observed after the level of 0.382 of Fibonacci retracement in the range of $1.98-$2.08
The SL can be considered under $1.86
Price targets: $2.41 $2.65 $2.90
Good luck and watch out for the market!
P.S. This is not a piece of financial advice, but a trade I would be following myself
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.
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.