XXTZ is currently bouncing from the lower boundary of a broadening wedge pattern on the weekly chart, signaling a potential trend reversal. This structure, characterized by widening price swings, has been developing since mid-2022.
The recent bullish move has pushed the price above a key resistance zone, with rising volume supporting the momentum. The upper boundary of the wedge aligns with the next major target zone near $2.25.
Resistance 1: $1.00
Resistance 2: $1.45
Resistance 3: $2.25
Cheers
Hexa
XTZUSDT
The recent bullish move has pushed the price above a key resistance zone, with rising volume supporting the momentum. The upper boundary of the wedge aligns with the next major target zone near $2.25.
Resistance 1: $1.00
Resistance 2: $1.45
Resistance 3: $2.25
Cheers
Hexa
XTZUSDT
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🌐Website: hexatrades.io/
🗣️Twitter(X): twitter.com/HexaTrades
🌐Website: hexatrades.io/
🗣️Twitter(X): twitter.com/HexaTrades
Related publications
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.
🚀Telegram : t.me/hexatrades
🌐Website: hexatrades.io/
🗣️Twitter(X): twitter.com/HexaTrades
🌐Website: hexatrades.io/
🗣️Twitter(X): twitter.com/HexaTrades
Related publications
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.