siavoshie

XTZ at the dip?

Long
XTZ seems testing 0.618 fibo of its last impulse with good rejection. becoming stable above this fibo and also daily trend line, there's a good chance we can see the continuation of bullish run for tevoz. purple horizontal lines are strong possible resistance area while green horizontal lines are our possible targets at 1 and 1.618 fibo ext. if the price action drops below 0.618 fibo around 3.9 area, the bull can possibly bleed out by strong bear's claws.
this is personal idea and shouldnt be considered signal or anything.
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