As I said in the previous idea XTZ is necessary to break the green resistance line to increase the price.
The chart shows that the green line is both a bear trend channel line and a falling wedge line.
It can also be seen that the price is currently trying to bounce off the blue trendline and break the green resistance line, and that the RSI has bounced off the orange ressistance line.
I am bullish and I think that today during the day the price will break the green resistance line and go significantly up.
For long
TP1: 7.400 (0.786 Fibbonachi)
TP2: 9.080 (1 FIB)
TP3: 11,000 (red resistance line)
TP4: 13.600 (1.618 FIB)
Disclamer: This is not financial advice.
You trade at your own risk.
The chart shows that the green line is both a bear trend channel line and a falling wedge line.
It can also be seen that the price is currently trying to bounce off the blue trendline and break the green resistance line, and that the RSI has bounced off the orange ressistance line.
I am bullish and I think that today during the day the price will break the green resistance line and go significantly up.
For long
TP1: 7.400 (0.786 Fibbonachi)
TP2: 9.080 (1 FIB)
TP3: 11,000 (red resistance line)
TP4: 13.600 (1.618 FIB)
Disclamer: This is not financial advice.
You trade at your own risk.
