TradingBTC1

XTZUSD preparing for a breakout move!

XTZ is on the verge of a breakout move to the upside. Notice that our Proprietary Oscillator is crossing up above the zero line today and if it holds then a Buy signal would be generated. XTZ becomes a buy on any pullbacks with a short term target of $6 then a consolidation and an ultimate test of the highs. Notice also that price is trying to break back above the 200 dma and our Prop Oscillator is positively divergent with price.

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.