Price is compressed and currently trading in a CP structure.
The market is trading around a key level and we already have a bullish CH on the chart.
A trend line was broken and price moved below it, trapping seller liquidity before quickly reversing to the upside, which reflects bullish behavior.
We have two entry zones and the position can be managed using a DCA approach.
Targets are marked on the chart. Move to breakeven and secure partial profits at the first target.
A daily candle close below the invalidation level will invalidate this analysis.
If you would like us to analyze a coin or altcoin for you, first like this post, then comment the name of your altcoin below.
What is your opinion about XTZ?
The market is trading around a key level and we already have a bullish CH on the chart.
A trend line was broken and price moved below it, trapping seller liquidity before quickly reversing to the upside, which reflects bullish behavior.
We have two entry zones and the position can be managed using a DCA approach.
Targets are marked on the chart. Move to breakeven and secure partial profits at the first target.
A daily candle close below the invalidation level will invalidate this analysis.
If you would like us to analyze a coin or altcoin for you, first like this post, then comment the name of your altcoin below.
What is your opinion about XTZ?
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🔥 Exclusive signals are only published on our Telegram channels.
t.me/iMoney_T
🔥 We provide signals and analysis on Telegram hourly and daily
t.me/iMoney_T
🔥 Exclusive signals are only published on our Telegram channels.
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.
🔥 High profit futures and spot signals are published only on our Telegram
t.me/iMoney_T
🔥 We provide signals and analysis on Telegram hourly and daily
t.me/iMoney_T
🔥 Exclusive signals are only published on our Telegram channels.
t.me/iMoney_T
🔥 We provide signals and analysis on Telegram hourly and daily
t.me/iMoney_T
🔥 Exclusive signals are only published on our Telegram channels.
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.