XTZUSD is forming the bear flag .
It doesn´t look like xtz formed the bottom like other altcoins did therefore we expect the bear flag to break down.
Speculative setup:
- price in a distribution mode
- wait for a break down to enter the trade
- target: 1 $
It doesn´t look like xtz formed the bottom like other altcoins did therefore we expect the bear flag to break down.
Speculative setup:
- price in a distribution mode
- wait for a break down to enter the trade
- target: 1 $
Trade active:
The idea is still valid. We expect XTZ to hit 1 $ if the market remains bearish
Comment:
Good progress so far. Expecting the price to reach the target soon
Trade closed: target reached:
Target reached.
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