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CycleWave is the top author sharing trade ideas based on EW analysis since last five months on the global stocks, currency pairs, cryptos, future indices and commodities. You can follow us to get more trade ideas/analysis.
XTZUSDT - It dropped in impulse down either wave A or 1. So its bounce will be a good sell set up whatever the count will be. In bigger time frame it dropped in (A) wave impulse down and corrected in (B) wave, which might be over. So the current price action is the part of (C) wave down considering (B) finished already. So the there would a big down move possible next. So sell in bounce near 2.3041-2.3600 zone with initial stops above 2.4558. The price action thereafter will reveal the next big move.
Give thumbs up if you really like the trade ide
CycleWave is the top author sharing trade ideas based on EW analysis since last five months on the global stocks, currency pairs, cryptos, future indices and commodities. You can follow us to get more trade ideas/analysis.
XTZUSDT - It dropped in impulse down either wave A or 1. So its bounce will be a good sell set up whatever the count will be. In bigger time frame it dropped in (A) wave impulse down and corrected in (B) wave, which might be over. So the current price action is the part of (C) wave down considering (B) finished already. So the there would a big down move possible next. So sell in bounce near 2.3041-2.3600 zone with initial stops above 2.4558. The price action thereafter will reveal the next big move.
Give thumbs up if you really like the trade ide