XTZ created a nice looking hammer after a retrace of resistance. Expecting this resistance to break since there are a lot of touches + the bullish PA.
A swing low was created just above 9700 near resistance. A round number like that + a swing point equals a liquidity pool. The liquidity pool was purged with a strange candle. This means that big players have their positions filled and we are ready for take off to my TP.
XTZ is in an uptrend, Continuation of this uptrend is expected if price does not break 2.800. A hammer of bullish engulfing in this support zone would be a buy trigger.
Bitcoin is consolidating at resistance pretty heavily. This means that the sellers are being absorbed and that the buyers are stronger. A breakout upwards is more likely. Expecting 11k to be taken out since there is lots of liquidity there.
A move to 11k to take out the liquidity above the equal highs is still expected. A close under this diagonal trend line would invalidate my idea.
Bitcoin is pushing at resistance for the 5th time now. Shorting here would be bad odds because there is no deviation and a liquidity hunt is bound to happen. There is a lot of liquidity above 11k (equal highs). Expecting that to be taken out before a move downwards.
Tezos is bouncing at resistance for the 5th time now. XTZ looks to be holding up strong at this level. and the price action here is also looking pretty bullish. Expecting a move upwards.