🔥 XTZ Bullish Channel Bounce Update

Recently I made an analysis on XTZ and the bullish channel it was trading in. Since my last analysis, XTZ has appreciated around 40% in value. Congratulations if you took the trade.

Since the current run up has been vertical, I'm expecting a minor retracement in the coming days. Not sure when it will come, but I'm expecting the support area to hold. So, in case you're waiting for a decent entry, you might want to watch the support area in case we get there.

Be aware that we're bullish as long as the overall market structure points bullish.

Happy trading!