LiquidMEX

XTZ Descending Triangle (BEARISH)

Corto
BINANCE:XTZUSDT.P   Tezos / TetherUS PERPETUAL CONTRACT
Hello traders hope everyone is having a great Sunday!

XTZ bearish trade setup with a 10% drop likely to happen today

Breakdown should happen after XTZ is below $7.15 and from there

we can expect a sell off all the way down to around $6.5 - $6.6 area

which is our (Buy zone) in the chart. Expect a bounce back up to previous

support ($7.15) which likely will turn into newfound resistance.

Best of luck on your trades figured i would share my idea out

there so now we just wait and see what happens. Cheers!

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