After retesting the support at 3$ and 3.3$ zones, XTZ could recover to retest 4.8$ zone by the Diving Board pattern. We can expect it will break this zone and move up to 5.5$ zone and 7$ zone

Although 3$ zone is the strong support because it is supported by MA200 of 12H timeframe, but if it fails in stop this dump, XTZ may dump to 2$ zone. So you should be careful


-Buy: 3.2-3.4$

-Buy: 2.8-3.0$. SL if B


-Sell: 4.7-4.9$. SL if A

-Sell: 5.4-5.6$. SL if A

-Sell: 6.9-7.1$. SL if A


-Sell: 2.8-3.0$ if B. SL if A

-Buy: 1.9-2.1$. SL if B


Condition A : "If 12H candle closes ABOVE this zone"

Condition B : "If 12H candle closes BELOW this zone"

📊View Idea on TradingView

♻️Previous Analysis (9/2)