Usually this ascending channel is called a bearish flag, however, due to BTC movements, it is possible XTZ may rise.
Nonetheless, XTZ is currently facing rejection and trading weak hands in this channel as you can see (zoom the chart if needed).
Upon the break of this channel, we still have those red resistance zones, and the massive long resistance line coming from the past, shown below:
When these red boxes are cleared the bullish momentum for the long term starts after breaking $2.60. until then I am not confident to give a long signal.
I remain on the sidelines.
Nonetheless, XTZ is currently facing rejection and trading weak hands in this channel as you can see (zoom the chart if needed).
Upon the break of this channel, we still have those red resistance zones, and the massive long resistance line coming from the past, shown below:
When these red boxes are cleared the bullish momentum for the long term starts after breaking $2.60. until then I am not confident to give a long signal.
I remain on the sidelines.
Nota
Still hasn't broken the top yet. Not a time to open trades.Nota
Rejection continues, until it breaks this properly we are not going longOperación activa
Trade open, channel broken, pump started
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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.
Publicaciones relacionadas
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.