🔥 XTZ Climax Top Likely In: High Volume Reversal Candle
XTZ has seen the most volume traded today since December 2021. This, combined with a reversal candle on the daily chart, makes me believe that today was a so called "climax top".
In my view, XTZ has most likely topped for now. I'm looking for a move back towards the $1 level.
However, if BTC can manage to see some gains in the near future, we might reverse before $1. Volume like this sets off alarm bells, so I'm waiting for $1.
In my view, XTZ has most likely topped for now. I'm looking for a move back towards the $1 level.
However, if BTC can manage to see some gains in the near future, we might reverse before $1. Volume like this sets off alarm bells, so I'm waiting for $1.
Note
Correctly predicted the climax candle. Not sure if we're actually going to reach $1, but I'm still not interested in buying.Note
$1 hit, and reversed sharply!
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🎯Official Channel: t.me/FieryTradingChannel
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
Related publications
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.