HOLD 5.99$ And next take profit zone would be 7.55/7.99
So far every dip into 0.618,0.702, and 0.786 Fibonacci retracements got bought up and XTZ manage to bounce and make a new high
RSI above 50% is a bullish sine (8H chart)
Yellow line = Trend support we wanna hold that. if it's a breakdown from the yellow trend line I would short it to 5.58 and reload it there.
So far every dip into 0.618,0.702, and 0.786 Fibonacci retracements got bought up and XTZ manage to bounce and make a new high
RSI above 50% is a bullish sine (8H chart)
Yellow line = Trend support we wanna hold that. if it's a breakdown from the yellow trend line I would short it to 5.58 and reload it there.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.