XTZ breakdown 322 days distributio
Aggiornato
hello guys hope you doing well
in my last analysis of XTZ I said price look weak near important support and price broke down this 332 days of distribution
in my opinion almost all ALT/ BTC pairs looks bearish
I think ALT season is over be careful with altcoins
in long term it is possible to XTZ/ BTC pair reach fib 1.618 and fib 2 target of the range channel
so be careful with your investments
in my last analysis of XTZ I said price look weak near important support and price broke down this 332 days of distribution
in my opinion almost all ALT/ BTC pairs looks bearish
I think ALT season is over be careful with altcoins
in long term it is possible to XTZ/ BTC pair reach fib 1.618 and fib 2 target of the range channel
so be careful with your investments
Commento
in my opinion weekly chart looks very bad if we close like this it confirms the analysis
green line is first weak support
the 2 purple boxes below are stronger
Commento
this is my indicator I usually use it to identify trend you can see that downtrend is very powerfullCommento
green line act as support for nowTrade chiuso: obiettivo raggiunto
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