XTZ going beyond LINK
XTZUSDTHello everyone.
As we can see :
- ascending channel
- broke above bottom flat triangle
- major support at 1.965$
- ascending line on RSI
- resistance at 2.265$
- making top flat triangle below 2.265$ resistance
Here we have 3 options :
pullback into ascending channel : if XTZ, go through channel then we have to break 2.265$ resistance till the price touch the top of channel.
making top flat triangle : then we will trend into a bullish zone actually there would be a high chance to break resistance and take hold above it !
reject from resistance : there is low chance for it but if it happens then we will see a ranged trending under resistance and a retest for major support at 1.965$
Our view is bullish but we will take look at this resistance and channel also.
Attention : this is not a financial advise we just try to help people on their own vision.
HAVE A GOOD DAY
- Helical_Trades
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