$XTZ XTZ full analysis
I wanted it to go down a little to fill my 2nd order but it didn’t. Rather, it has started pumping & on 4H tf, XTZ has reclaimed both 4H 50MA and 200MA. Currently it’s retesting (check 1st screenshot) 4H 200MA. Also, XTZ is in the process of breaking out the descending trendline. Should it breakout the trendline & 4H 100MA, then the red liquidity box will be the next.
XTZBTC is currently in an all time low zone. It’s also in the process of making a double bottom (check 2nd screenshot) pattern. There's a red liquidity box above to be filled out. There’s a possibility of a U-shape recovery in this pair. It’s too early to predict, but let's see what happens next.
Like I said, I was waiting for the lower liquidity to be taken (check 3rd screenshot) but price went so close to that liquidity & reversed. Currently, it’s near to the upper liquidity. I will be expecting it to take those liquidities. Otherwise, I'll buy it after the lower liquidity has been taken.
#xtz #Liquidations