XTZUSD bear flag 50 % drop

XTZUSD is forming the bear flag .
It doesn´t look like xtz formed the bottom like other altcoins did therefore we expect the bear flag to break down.

Speculative setup:
- price in a distribution mode
- wait for a break down to enter the trade
- target: 1 $

Trade active:

The idea is still valid. We expect XTZ to hit 1 $ if the market remains bearish

Comment:

Good progress so far. Expecting the price to reach the target soon

Trade closed: target reached:

Target reached.