XTZ Descending Triangle (BEARISH)
Hello traders hope everyone is having a great Sunday!
XTZ bearish trade setup with a 10% drop likely to happen today
Breakdown should happen after XTZ is below $7.15 and from there
we can expect a sell off all the way down to around $6.5 - $6.6 area
which is our (Buy zone) in the chart. Expect a bounce back up to previous
support ($7.15) which likely will turn into newfound resistance.
Best of luck on your trades figured i would share my idea out
there so now we just wait and see what happens. Cheers!
XTZ bearish trade setup with a 10% drop likely to happen today
Breakdown should happen after XTZ is below $7.15 and from there
we can expect a sell off all the way down to around $6.5 - $6.6 area
which is our (Buy zone) in the chart. Expect a bounce back up to previous
support ($7.15) which likely will turn into newfound resistance.
Best of luck on your trades figured i would share my idea out
there so now we just wait and see what happens. Cheers!
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