AB = CD confluence with 127.2% Fib level.
Been accumulating BTC trading XTZ:BTC on the 1min chart as posted here.

Entered all my XTZ trading pool back in here when BTC shows strength, above resistance turned support line.

See BTC Chart:

Been accumulating BTC trading XTZ:BTC on the 1min chart as posted here.
Entered all my XTZ trading pool back in here when BTC shows strength, above resistance turned support line.
See BTC Chart:
Note
Note the AB=CD target is not an absolute target, but what I believe to be a possible potential trajectory endpoint, provided if bullish conditions continues to hold (including on BTC, which is in turn, coupled with the traditional markets for now with more weak-hands FOMOing back in after the stock market pumped)See my BTC analysis:

as well as my SPX analysis:

Note
Perhaps going relatively sideways instead from now.Note
Note: XTZ being supported at the 50% Fib lvl rather than revisiting the 61.8% is a sign of strength form the bulls — and will readjust my bias accordingly.Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
