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Technical analysis by King-Helios about Symbol XTZ: Sell recommendation (8/27/2021)

https://sahmeto.com/message/2666795
King-Helios
King-Helios
Rank: 18764
1.3
Sell،Technical،King-Helios

I see a weak momentum, it is likely going to retest to pick momentum from the trend or the valley.On this timeframe and higher timeframe, this level has never been an accumulation zone, so It's either it finds momentum on a smaller time frame or it goes down to get it.As predicted, there was a retest and it respected the trend. I am personally expecting a long bounce in the upward direction now.

Translated from: English
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Signal Type: Sell
Time Frame:
15 minutes
Price at Publish Time:
$5.22
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