Technically we are support from both parallel channel and horizontal support from previous periods, divergences on the RSI, MACD on the daily TM, wave 5 completed and it just seems that it should fly soon.
BUT, if BTC keeps going up and the dominance cannabilizes the alts, then this would go down further. Best scenario would be for BTC to settle above the 12k level for couple of days , consolidate there, while money pours back into alts. Anyways, I would confidently buy some XTZ at this level and hope for the best.
BUT, if BTC keeps going up and the dominance cannabilizes the alts, then this would go down further. Best scenario would be for BTC to settle above the 12k level for couple of days , consolidate there, while money pours back into alts. Anyways, I would confidently buy some XTZ at this level and hope for the best.
