Weekly chart - XTZ has been under sell pressure for a number of weeks. It's not approaching a weekly OB where I expect buyers to come in strong. It may me before a wick into the block as it's a popular coin and we have a 4H Bullish Divergence on the 4H. You can also see on the weekly the 27EM'A is red providing support.
Enter a small position here and ladder in or set orders within the order 1st block in Blue with a stop under the lower order block in blue.
XTZBTC
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Enter a small position here and ladder in or set orders within the order 1st block in Blue with a stop under the lower order block in blue.
XTZBTCPlease comment - Like & Share.
If you like give me a follow.....
Thanks
Trade active
4H moving nicely so far...... Note
We can see buyers stepped in at the Weekly OB and pushed price higher - see wick.No we need a push above the Red dotted line, and once we break the HTF BMS will be on our way...
Trade active
Progressing well - Want to see a flip now of Blue... Trade active
We continue..... Needs to hold here Trade active
Moving as planned...
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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.