In weekly time-frame we can observe the price fell from ATH breaking all the support zone and is currently forming a proper DOUBLE BOTTOM (W- pattern). From here on, there are possibly two scenarios that can take place, first the price surges from here following the W pattern to the upside (Lvls mentioned in green) and second after reaching the highlighted area in ORANGE it bounces/retraces back to the Support Zone and possibly make a TRIPLE BOTTOM pattern and then continue the upside move.
For educational purposes only (DYOR).
XTZBTC
For educational purposes only (DYOR).
XTZBTC
Trade active:
Target 1 Achieved.
Trade active:
Target 2 done.
Trade active:
Target 3 done
