XTZ ANALYSIS
XTZ
XTZ has had a significant run lately, and is now seeing the retrace. XTZ is currently inside of a small falling wedge and should break out for a relief rally after hitting the yellow temporary support zone. I expect the relief to bring XTZ back close to 21000 sats. From here, I expect another wave down, bringing XTZ all the way down to MAJOR support at 14500 sats. This is the prime entry zone. Stoch is way oversold and RSI is creeping on oversold territory. I expect the small relief to cool off sellers before the next wave down. I would NOT recommend buying now. Wait for the drop back into green buy in. When target zone is reached, I will update take profit targets!
Possible Entries: 14500 sats
XTZ has had a significant run lately, and is now seeing the retrace. XTZ is currently inside of a small falling wedge and should break out for a relief rally after hitting the yellow temporary support zone. I expect the relief to bring XTZ back close to 21000 sats. From here, I expect another wave down, bringing XTZ all the way down to MAJOR support at 14500 sats. This is the prime entry zone. Stoch is way oversold and RSI is creeping on oversold territory. I expect the small relief to cool off sellers before the next wave down. I would NOT recommend buying now. Wait for the drop back into green buy in. When target zone is reached, I will update take profit targets!
Possible Entries: 14500 sats
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Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.