XTZ.USD (Y20.P4.E1).Stalking

Hi,

Another one to stalk, looking for confluence with the levels for a small trade.
- Nice macro pullback;
- Bullish on the daily indicators;
- Possibly a bottom breakout formation, like BNT (previous post);
- Opportunity to trade it as a breakout option.

Like KAVA

Regards
S.SAri

Comment:

Comment:

I did not take the trade. Unless it goes above 2.8 and holds. Now the bottom formation (reversal) is not clear yet. This trend line based on inverted barr is the resistance and it was rejected here and went below this. Hence point E is lower, which is a likely bounce area.