xtz analysis for short or trading range
we have a strong demand, and price can't pass that
so, we got 2 scenarios:
n.1: break the triangle or flag and pullback than start falling to the strong supp and start point
n.2: make a trading range in this area
we have 2 Pin bars on the demand zone, if the price close under 1.00$ break and pullback so we have a nice short position for reach the 0.81$ target.
so, we got 2 scenarios:
n.1: break the triangle or flag and pullback than start falling to the strong supp and start point
n.2: make a trading range in this area
we have 2 Pin bars on the demand zone, if the price close under 1.00$ break and pullback so we have a nice short position for reach the 0.81$ target.
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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.