XTZ wait for the bulls ↗️ Analysis #18/50

Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.

on DAILY: Left Chart
XTZ is overall bearish , however we are approaching a strong support and round number 1.0 So we will be looking for buy setups on lower timeframes.

on H4: Right Chart
XTZ is bearish from a short-term perspective trading below the red trendline.

🏹 Trigger => for the bulls to take over, we need a new high to form and then a break above the upper red trendline and red zone.

Meanwhile, until the buy is activated, XTZ can still trade lower till the 0.95 - 1.0 support zone .

📚 Always follow your trading plan regarding entry, risk management, and trade management.

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich