XTZUSDT has been trading in bullish parallel channel . Recently price has approached to the bottom of the channel and bounced back. The overall trend is bullish .
We are expecting the upper boundary of the channel to be targeted by bulls. The break above upper boundary will favor bulls. While any rejection from upper boundary will give strength to bears and price may fall to horizontal support zone .
We are expecting the upper boundary of the channel to be targeted by bulls. The break above upper boundary will favor bulls. While any rejection from upper boundary will give strength to bears and price may fall to horizontal support zone .
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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.