Hitting some pretty intense resistance at the .34 level. If we close above I could see another run at .45 or so, but if we close below this trendline then we could see further correction to the next Support Zone.
Noticed this long-term wedge forming pretty heavily on XTZ. I'm currently holding, but if this breaks down I'm not sure what my strategy is going to be. I'm leaning toward shorting it only because of an impending BTC correction that I'm sure will cause XTZ to tank for a great buy opportunity. Thoughts?
After breaking down from the earlier wedge, this is my updated plot and predicted trend. I'm thinking it will bounce hard at the .11 range, but unsure if I'm missing something. Let me know your thoughts!