xtz looks ready to move up. Looking at 4.00 -> 4.50. Strength index is up. volume is increasing and XTZBTC pair is aligning with usd movements. In my experience this is when price can fluctuate in large amounts. The energy is above the moving average. As the red MA moves up it will push up price imo. We will see. good luck
XTZ Idea More wedges a continuation from my last post about DGB Currently within a broadening wedge This has promise to act bullish and push the price back into the rising wedge Rising Wedges are often bearish, although lately I have seen some bullish ones Falling wedges are more than often bullish, emphasized on chart
ANALYSIS 🔎 - XTZUSDT is retesting the flip horizontal support and 0.618 fibonacci retracement level. - Price action is printing a falling wedge pattern. - This is a bullish reversal pattern. - There's a breakout potential BUY ENTRY ⬆️ - Breakout above the falling wedge's resistance. TARGETS 🎯 - Horizontal resistance levels (R1, R2). SETUP INVALIDATION ❌ -...
Also set some Buy orders near the Trendline Remember no more than 5% of the deposit in one trade SL: next sell signal
NMR is looking ready to move up. I've marked support and resistance markers along the way. Price has been trading sideways for a while but volume and RSI and MA are all bullish. good luck.
Be careful. I pray for the bounce. Plan for the break. Watch what ETH does as well
Also set some Buy orders near the Trendline Remember no more than 5% of the deposit in one trade SL: next sell signal
ANALYSIS 🔎 - XTZUSDT is consolidating in a symmetrical triangle pattern . - A relatively big move is imminent. - There's a breakout potential. POSSIBLE PRICE ACTIONS - Uptrend ⬆️: breakout above the symmetrical triangle's inclined resistance. - Downtrend ⬇️: breakdown below the symmetrical triangle's inclined support. TARGETS 🎯 - Uptrend ⬆️: Horizontal...
Moving in an uptrend channel. Drop doesn't show a significant Volume.