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XTZUSDT trade ideas

XTZUSDT LONG SETUPXTZUSDT is in a strong bullish trend on the daily and weekly timeframes, price has recently broke above daily resistance with a strong impulse to the upside. This has now been followed up by a correction to the 0.618 fibonacci which is in confluence with this previous resistance turned support. I am expecting to see the continuation to the upside and the market to form a higher high from a daily perspective. On the 4hr timeframe i am waiting for a confirmed break above this counter trendline and 4hr previous swing high before looking for a possible entry.
Long
by ITSCRYPTO1
XTXUSDT Daily S/R| Swing High| Price Action| Trend Evening Traders, Today’s analysis – XTZUSDT – trading abve a key Daily S/R where a retest is probable, Points to consider, - Price Action Corrective - Daily S/R Support (.618 Fibonacci and VWAP Confluence) - Swing High Objective - Low Volume XTXUSDT’s immediate price action is corrective as allowing for a bullish bias at a trade location. The Daily S/R is in technical confluence with the .618 Fibonacci and it VWAP S/R, allowing for a potential long entry. The current volume is below average, an influx is highly imminent when an expansion occurs. Overall, in my opinion, XTZUSDT is a valid long with defined risk, price action is to be used upon discretion/ management. Hope this analysis helps Thank you for following my work And remember, “The secret to being successful from a trading perspective is to have an indefatigable and an undying and unquenchable thirst for information and knowledge.” - Paul Tudor Jones
Long
by AzizKhanZamani
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