shayanrez

XTZ back to breakout zone

shayanrez Updated   
BINANCE:XTZUSDT   Tezos / TetherUS
after such huge drop from 4.4$ zone I'm still bullish on XTZ
price holding support zone and trend-line strong if BTC keep support on 11K and doesn't fall quickly I think price can rise from here again
we can wick down below but until we close below this support zone I'm bullish
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condition for change
if price fall below this important structure then this whole support turns resistance again and we can drop to next support zone around 2.3$
Comment:
on 4H price action looks bearish after a head and shoulder we are in a shot term down trend and if we break the last lower low we can flip bearish here

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