I will see it in the short term.
- XTZBTC -
A break through the 0.00015867 point, followed by support at the 0.00015867 point.
Ichimoku's baseline is acting as a resistance.
If the XTZ is able to rise above Ichimoku's baseline and then sideways to absorb the sell-off, it is likely to rise to challenge 0.00043490.
Rather than going sideways, if it rises immediately, it could be pushed down by selling as before.
If it falls, it should be supported at 0.00015867. Otherwise, there is a possibility of touching 20MA.
- XTZUSDT -
Not able to penetrate 1.310010.
Must be supported by 1.206279 (closed candle per day)
Otherwise, there is a possibility of touching 1.100930.
The flow of XTZ is not bad.
You'll get a chance when the price falls below 1.100930 and rises.
- XTZBTC -
A break through the 0.00015867 point, followed by support at the 0.00015867 point.
Ichimoku's baseline is acting as a resistance.
If the XTZ is able to rise above Ichimoku's baseline and then sideways to absorb the sell-off, it is likely to rise to challenge 0.00043490.
Rather than going sideways, if it rises immediately, it could be pushed down by selling as before.
If it falls, it should be supported at 0.00015867. Otherwise, there is a possibility of touching 20MA.
- XTZUSDT -
Not able to penetrate 1.310010.
Must be supported by 1.206279 (closed candle per day)
Otherwise, there is a possibility of touching 1.100930.
The flow of XTZ is not bad.
You'll get a chance when the price falls below 1.100930 and rises.
[Example of exchange chart setup]
(Binance)
www.tradingview.com/x/S94aDxa8
(Upbit)
www.tradingview.com/x/DF6cGh3G/
(Binance)
www.tradingview.com/x/S94aDxa8
(Upbit)
www.tradingview.com/x/DF6cGh3G/
