Seems to be bottoming out, but hasn't formed a bearish divergence as it usually does. Volume looks like it can take more time to squeeze down. RSI also in a squeeze.
I am going to theorize that this time XTZ is going to breakdown from the 2 year long ascending channel and not breakout upward. because in the last run to $8 there was exceptionally huge volumes at the top, suggesting an old large hodler unloading, maybe a founder. Shake and bake baby.
I am going to theorize that this time XTZ is going to breakdown from the 2 year long ascending channel and not breakout upward. because in the last run to $8 there was exceptionally huge volumes at the top, suggesting an old large hodler unloading, maybe a founder. Shake and bake baby.
Catatan
XTZ clean break out.Catatan
Bullish but at local resistance
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Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.