XTZ big jump incoming!
Actualizado
Reasoning:
- Elliot Wave 5 starting
- Falling wedge formed
- TD 9 on 4 hour providing support
- In ascending channel
- MACD bullish cross-over on 1h
Price target $3.3
- Elliot Wave 5 starting
- Falling wedge formed
- TD 9 on 4 hour providing support
- In ascending channel
- MACD bullish cross-over on 1h
Price target $3.3
Operación activa
Nota
It looks like a descending triangle forming on 1h, with support $2.90. While the risk of the trade does increase a bit, but given it is not formed during a downtrend, I lean towards it being a continuation pattern for more upwards momentum. I have initiated a trade, but if you haven't I suggest waiting it out in case it is a real reversal.Nota
Stop loss set at 2.8Operación cerrada: precio stop alcanzado
Whoops, plan cancelled due to macro
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.