$XTZ - Last time we had 4 months of green, we dropped by 60%

Exploring a bearish possibility because the entire move is confined within the blue channel and considering an ABC, here A:C = 1:1

We also had 4 green candles on the monthly, the last time this happened, price dropped 60%. In our case here, a 60% drop will take to channel bottom

Play safe

评论:

We got the 60% drop, looks like it will continue down

交易结束：到达目标:

Price hit bottom of channel and bounced