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morningtomyum
Aug 31, 2020 6:48 AM

Possible H&S Coming Up in 1D Short

Tezos / U. S. DollarKraken

Description

Note the bearish divergence formed on the daily chart, and also with a 1H/4H bearish flag forming, things are not looking up for XTZ. I'm expecting some downside in September.

Comment

XTZ broke through the support. Expecting a short retrace back above 3, then another leg down to complete the pattern.

Trade closed: target reached

You're welcome.
Comments
Mudrex
I think it will see an upwards movement sometime later in September, let's wait and watch!
Do check out my idea on XTZUSD.
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