XTZ has a special place in my memory for having one of the most, if not maybe the most unhinged community in the space.
I hope that's still the case.
I haven't touched it in a while but I started to like the look of the chart in higher time frames.
The daily chart looks very similar today when compared to AKRO a few days ago.
Same strategy, 10 EMA's, no candle patterns.
If I were to guess I would say we are still in an accumulation period. Maybe half way, maybe 3/4 of the way.
Actually this is a good case study for the strategy. If the price line fails to move through the lowest orange EMA it could create a resistance level and fall further but imo the market is looking strong.
Win, share, educate.
I hope that's still the case.
I haven't touched it in a while but I started to like the look of the chart in higher time frames.
The daily chart looks very similar today when compared to AKRO a few days ago.
Same strategy, 10 EMA's, no candle patterns.
If I were to guess I would say we are still in an accumulation period. Maybe half way, maybe 3/4 of the way.
Actually this is a good case study for the strategy. If the price line fails to move through the lowest orange EMA it could create a resistance level and fall further but imo the market is looking strong.
Win, share, educate.