XTZ to 1.85

Keeping this one short.

Head and shoulders forming on the 4H chart and a strong RSI and CCI bearish divergence currently which XTZ reacts to wach time. Expecting a drop down to the neckline at around 1.85.

Kommentera:

Already tagged 1.95 (0.382 fib).

I expect further downside after a slight bounce

Trade stängt: Stopp nått:

Trailing profit tagged at 1.97

Head and shoulders pattern invalidated

Kommentera:

As crypto does sometimes scam pumps occur. XTZ actually came down to our original target of 1.85 2 days after getting stopped out.