XTZUSDT
1H trend chart
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XTZ has been falling due to the upper trend line.
Recently, it eventually broke it out, and can see there is a double bottom.
However, should notice there were lots of fake-out on the way down.(trend line needed to be modified)
So if price can keep standing firm at $6.792(Fib 0.382) in 1H, trading strategy as below.
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Profit Targets:
a) 7.687----Fib(0.618)
or
7.240(Resistance zone)
b) 8.527----Blue horizontal ray
c) 9.134-----Fib(1)
Stop losses:
a) 6.529-----Red horizontal ray
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