XTZUSD is exhibiting a bearish rectangle pattern on the 1-hour chart, indicating a potential continuation of the existing downtrend, and the absence of any divergence on the (RSI) suggests that the bearish momentum may persist.
ENTRY-LEVEL SELL STOP: 1.062
STOPLOSS: 1.089
TP 1: 1.036
TP 2: 1.010
RISK 2%
ENTRY-LEVEL SELL STOP: 1.062
STOPLOSS: 1.089
TP 1: 1.036
TP 2: 1.010
RISK 2%
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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.