Hey everyone,
This is the time to pay attention
Volatility up = volatility down
XTZUSDT has been following a crazy parabola and I think this is the time to call for an end - at least for now.
Expect a retrace to the 0.5 Fib but my most rational self is actually targetting a retest of previous resistance as support @1.7853 around the 0.236 Fib retracement.
Let's see how this plays out
Take care,
Vlad the Crypto Trader
This is the time to pay attention
Volatility up = volatility down
XTZUSDT has been following a crazy parabola and I think this is the time to call for an end - at least for now.
Expect a retrace to the 0.5 Fib but my most rational self is actually targetting a retest of previous resistance as support @1.7853 around the 0.236 Fib retracement.
Let's see how this plays out
Take care,
Vlad the Crypto Trader
Note
I think we are at a good spot to start looking for bottoming.See the related idea of 'Catching the bottoming of the XTZ bull?' to find out the next potential trade opportunity!
Trade closed: target reached
YUSHHH Here we are!
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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.