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XTZUSDT trade ideas

XTZUSDT: BREAKOUT SYMMETRICAL TRIANGLE, ALTCOINS SHORT SIGNAL?Hello Enthusiast Coin Traders! Here's short-term outlook for XTZUSDT, Please give us the thumbs up and support the channel by Smashing the FOLLOW button :) XTZUSDT has broken out of the symmetrical triangle pattern. Breakout of symmetrical triangle pattern indicates the possibility of bearish movement. The momentum indicator is crossinng below the zero area, it signify the potential downward movement to the target area. The roadmap will be invalid after exceeding the resistance/target area. DISCLAIMER: This is only an outlook, not a recommedation to buy or sell the cryptocurrency.
Short
by financialfreedomgoals101
#XTZUSDT Daily Chart After reaching the 4h supply zone and getting rejected heavily from it twice, price is now ranging in a symmetrical triangle. Indicators are not showing clear directions as we would have expected, MACD is showing mixed feelings and RSI is at 50% with price sitting on EMA ribbon. I expect price to reach the 1h demand zone before moving upwards again. However if a breakout occurs from the support line we would be expecting price to reach $3.916 and $3.088 respectively.
by saviour25
XTZ Quick Short after run upAfter significant run up, XTZ appears to have met resistance and could not hold above $6.92, which was the most recent previous rejection level on the 4 hour chart. 30 minute MACD appears to be on the decline and volume levels at this price are low comparatively (potentially indicating low appetite for entries at this level). Watch closely for reversal back upward if volume returns. Targets: 6.77 (top of range on 30 minute chart for previous rejection - top of red box) 6.67 (bottom of range on 30 minute chart for previous rejection - bottom of red box) 6.54 (previous support level for most recent run - mid blue line) 6.45 (volume/price based average support - red line)
Short
by MtnMarathoner
2