After retesting the support at 3$ and 3.3$ zones, XTZ could recover to retest 4.8$ zone by the Diving Board pattern. We can expect it will break this zone and move up to 5.5$ zone and 7$ zone Although 3$ zone is the strong support because it is supported by MA200 of 12H timeframe, but if it fails in stop this dump, XTZ may dump to 2$ zone. So you should be careful
📈BUY -Buy: 3.2-3.4$ -Buy: 2.8-3.0$. SL if B
📉SELL -Sell: 4.7-4.9$. SL if A -Sell: 5.4-5.6$. SL if A -Sell: 6.9-7.1$. SL if A
♻️BACK-UP -Sell: 2.8-3.0$ if B. SL if A -Buy: 1.9-2.1$. SL if B
❓Details Condition A : "If 12H candle closes ABOVE this zone" Condition B : "If 12H candle closes BELOW this zone"
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.