XTZ wait for the bulls ↗️ Analysis #18/50
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
on DAILY: Left Chart
XTZ is overall bearish , however we are approaching a strong support and round number 1.0 So we will be looking for buy setups on lower timeframes.
on H4: Right Chart
XTZ is bearish from a short-term perspective trading below the red trendline.
🏹 Trigger => for the bulls to take over, we need a new high to form and then a break above the upper red trendline and red zone.
Meanwhile, until the buy is activated, XTZ can still trade lower till the 0.95 - 1.0 support zone .
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
on DAILY: Left Chart
XTZ is overall bearish , however we are approaching a strong support and round number 1.0 So we will be looking for buy setups on lower timeframes.
on H4: Right Chart
XTZ is bearish from a short-term perspective trading below the red trendline.
🏹 Trigger => for the bulls to take over, we need a new high to form and then a break above the upper red trendline and red zone.
Meanwhile, until the buy is activated, XTZ can still trade lower till the 0.95 - 1.0 support zone .
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Trading Made Simple; and Rule-Based
RichTL.com
Instagram:
instagram.com/richthesignalyst
Telegram:
t.me/thesignalyst
Best CFD broker
cutt.ly/TickmillReal
RichTL.com
Instagram:
instagram.com/richthesignalyst
Telegram:
t.me/thesignalyst
Best CFD broker
cutt.ly/TickmillReal
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