#XTZ LTF Analysis:
$XTZ is forming a rounding bottom on the 4H timeframe, signaling that bearish momentum is fading and buyers are gradually regaining control. $XTZ is approaching the neckline, where a confirmed breakout would validate the reversal structure.
I'll be looking for a clean breakout and close above the neckline before entering a long. If $XTZ confirms the breakout, the rounding bottom could mark the beginning of the next impulsive move higher.
$XTZ is forming a rounding bottom on the 4H timeframe, signaling that bearish momentum is fading and buyers are gradually regaining control. $XTZ is approaching the neckline, where a confirmed breakout would validate the reversal structure.
I'll be looking for a clean breakout and close above the neckline before entering a long. If $XTZ confirms the breakout, the rounding bottom could mark the beginning of the next impulsive move higher.