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XTZ currently at a historic support. How to play it?
Tezos / Bitcoin
XTZ currently at a historic support. How to play it?
By BlackbirdCrypto
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Sep 7, 2020
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Sep 7, 2020
While XTZ has disappointed many because it hasn't broken out of this range, it's still been VERY profitable for anyone who traded it.
XTZ is currently at a solid support level. I personally entered a long position at 25k sats, a bit premature but I am ready to exit.
According to the previous XTZ price pattern, I expect at least 20% up to 47% BTC gains in the upcoming 7-15 days.
LONG CASE:
Buy @ 25k - 27k sats.
TP1 @ 31k sats.
TP2 @ 36k sats.
SL @ 1D close below 24k sats.
SHORT CASE:
Sell @ 24k-23.3k
TP1 @21k sats.
I will post more updates this week on the
XTZBTC
pair.
Feel free to challenge my TA in the comments, the best way to learn is through discussion!
Chart Patterns
signal
signals
Trend Analysis
XTZBTC
XTZUSD
BlackbirdCrypto
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