The crypto market is following the stock market lock step. While the stock market as a whole is lagging, tech companies are propping up the market and have returned to their highs. Case in point with XTZ, while BTC has returned to it's pre-crash level, XTZ has not. It's trend has lagged and it's now forming this head and shoulders pattern. The only thing saving it from being a "true" head and shoulders pattern is we have not see the right shoulder be close the bottom of the left shoulder at $2.30.
But make no mistake, if this thing doesn't break the $3-$3.10 area on the upside... *Kaboom*
-Sherem
But make no mistake, if this thing doesn't break the $3-$3.10 area on the upside... *Kaboom*
-Sherem
Kommentera:
And Kaboom.
