Technical analysis by BARSTrading about Symbol XTZ: Buy recommendation (7/23/2023)

XTZ hitting bottom of channel, rise coming It's a weird megaphone/parallel looking channel. Regardless, it's the bottom of the channel, and the it's expected to rise as the RSI MA and RSI (5) are both in oversold along with the channel. Strictly from chart analysis, this is looking like it will rise ot $0.94 very soon. Volume profile in comments belowComment: Volume profile on daily indicating buy signal