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Saturday, September 12, 2020

XTZUSD - got some work to do

XTZUSD - got some work to do

XTZ/USD COINBASE:XTZUSD

Previous posts have me bullish and I still am, long term, but I'm not liking this setup.

Lost the uptrend and not making a move up tells me we test lower support areas. $2.60 - $2.68 is strong resistance that we should have broken by now if we're going to continue upwards.

I just don't think XTZ is going down, I think the whole crypto market is going to take a hit until we reach October.

Looking at support areas below for a bounce, $2.16 or $1.77, depending how low BTC goes.

not trading advice.

thoughts/comments?

TG



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