Short

XTZ looking to play between the trendlines

Updated

I cant believe I missed this. XTZ has hit the upper trendline and most likely showing rejection right now. If so should find support on the uptrend line below. I will update if I take a trade. Most of the coins have already broken out of the upward trendline so first we need confirmation or enter a risky trade like we did earlier with BCH and EOS.

Note

I think XTZ is maxed out. It could potentially go for the daily 50 MA at around 2.25 but I think it fairly ready to test around 1.85. Will update entry.

Note

XTZ is testing the downtrendline for support on the 30 min chart. Lets see how it develops. (00:34 am)

Note

XTZ is a buy shortterm. Not trading this but it has flipped R/S on the short time frame and is a scalp trade.

Note

Entry 2.01

Trade closed manually

Close XTZ here at 2.04 for a minuscule 1.49%.

TheDigitalStonks

Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.