expect a higher low at 4.7-4.8, low volume breakout, spring formed previously, look for confirmation and momentum shift in 15mins timeframe, SL below $4 (prev spring and order block) , looking at $8 TP in short term (trendline and 4$ range of accumulation)
# XTZ USDT 4H .......✌
♻️ XTZ Taking A Small Correction. Like Higer High & Lower High. Always Buy Part By Part. Don't Invest All At Once Or In Any Coin.
● Must Use Stop-Loss...
● Buy Sell At Your Own Risk...
- XTZUSDT is resisted by the descending trendline resistance.
- Price is testing the descending trendline resistance
- Price action is printing an ascending triangle pattern at the test zone.
- This is a bullish build up pattern.
- There's a breakout potential.
BUY ENTRY ⬆️
- Breakout above the descending trendline resistance and the ascending...
XTZUSDT is printing an ascending channel on the Daily timeframe.
Price is testing the ascending channel support.
RSI is printing a bullish divergence signal.
Price is printing a falling wedge pattern.
Buy entry ⬆️ - breakout above the falling wedge resistance.
Target 🎯 - resistance levels.
Setup invalidation ❌ - breakdown below the ascending channel support.
This can be a nice long i have went with a stop loss below the low around 1.77ish, Right now bullish momentum looks good lets see how this plays i will be holding for a long time. Targets can be anywhere from 7$-13$ I will be taking prfoits on the way up and trailing stops. This is just my own thoughts please use this with your own stragety :)
Lower lows, beginning of impulse wave identified. Does not look like a corrective pattern. NFA.
I have identified nice point on the Fib Extension, Invalidation level in red as always. Anyways, I am longing this one once again. I will be following this space closely.
XTZUSDT 1D. Within an ascending channel which in itself is bullish. That said I am expecting a retest of recent support and will be particularly interested in any activity around the trend line marked 'A'. On the hourly I see it being more bearish than bullish. We had a bear flag break to the downside. From a Fibonacci standpoint 0.5 (which is not in fact a...