XTZ - Short the top call

Hey everyone,

This is the time to pay attention

Volatility up = volatility down

XTZUSDT has been following a crazy parabola and I think this is the time to call for an end - at least for now.

Expect a retrace to the 0.5 Fib but my most rational self is actually targetting a retest of previous resistance as support @1.7853 around the 0.236 Fib retracement.

Let's see how this plays out

Take care,
Vlad the Crypto Trader

Comment:

I think we are at a good spot to start looking for bottoming.

See the related idea of 'Catching the bottoming of the XTZ bull?' to find out the next potential trade opportunity!

Trade closed: target reached:

YUSHHH

Here we are!