HTZ break 2 years long megaphone pattern. I think the decline will continue in the coming months. Possible resistances are marked with blue lines.
Disclaimer: This is not financial, investment, trade or other advice. This is my personal opinion which can very easily be wrong.
You trade at your own risk.
Disclaimer: This is not financial, investment, trade or other advice. This is my personal opinion which can very easily be wrong.
You trade at your own risk.
Comment:
As you can see resistance lines especially 0.95 are rejecting xtz quite well. I think the bearish scenario will persist in the coming months and xtz may drop to around 0.5 or even lower, it is still too early to forecast a bottom.
