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.
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