Technical analysis by davidjulien369 about Symbol XTZ: Buy recommendation (10/6/2025)

📘 Trade Journal Entry Pair: XTZ/USDT Date: Sun 5th Oct 25 Time: 4.30 pm Session: NY to Tokyo Session AM Direction: Buyside Trade Timeframe: 30m 🔹 Trade Details Entry: 0.7112 Profit Target: 0.8328 (+17.10%) Stop Loss: 0.6933 (–2.52%) Risk-Reward Ratio (RR): 6.79 🔹 Technical Context Structure: Price confirmed a bullish continuation following a completed reaccumulation phase. Confluences: Strong FVG mitigation at 0.71 region signalling re-entry for continuation leg. EMA/WMA alignment sustaining bullish momentum through NY close into Tokyo open. RSI maintains midline support, indicating momentum retention without exhaustion. Volume maintained steady during transition, validating liquidity handover between sessions. Stop placement: Below the structural demand and FVG boundary at 0.6933. 30min TF overview Targeting: 0.8328 — a premium-level inefficiency and prior liquidity zone aligned with a higher timeframe target. 🔹 Trade Narrative The XTZ/USDT pair demonstrated strong inter-session continuity with demand sustaining through the NY close into Tokyo AM. The trade capitalised on institutional re-entry after accumulation, with price breaking cleanly from the 0.71 zone toward the 0.83 target.