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We have recently seen TNT and 0x breakout. Is XTZ next in line?
Historical Volatility Percentile (HVP), it is at record lows. The last time we saw HVP this low, we saw about a 140% increase! Let's get this crypto!
Currently, there is a ton of confluence with resistance just above price action. We have horizontal resistance, the 0.618 Fib, and the 10 EMA.
If we start closing candles above the yellow resistance box, then I'm looking for a long.
The specific signature I am looking for is: 1) HVP to start to rise (this has commenced, but is coming along slowly); 2) Volume will rise above the moving average; then, off to the moon!
***Important Note***
HVP does not imply direction, but it can help time larger moves!
---
Here is my plan:
Entry: 2.8400000
Entry Zone: 2.8370-2.9746
T1: 3.1157855
T2: 3.3996455
T3: 3.6835055
T4: 3.8685225
Stop: 2.5011359
---
R:R: 3.04
Risk: 11.93%
Reward: 36.22%
---
This is not financial advice; I am not a financial adviser. This information is not meant to be used for financial advice, nor trade ideas. These posts are simply a record of my trade ideas and are intended for educational purposes only.
We have recently seen TNT and 0x breakout. Is XTZ next in line?
Historical Volatility Percentile (HVP), it is at record lows. The last time we saw HVP this low, we saw about a 140% increase! Let's get this crypto!
Currently, there is a ton of confluence with resistance just above price action. We have horizontal resistance, the 0.618 Fib, and the 10 EMA.
If we start closing candles above the yellow resistance box, then I'm looking for a long.
The specific signature I am looking for is: 1) HVP to start to rise (this has commenced, but is coming along slowly); 2) Volume will rise above the moving average; then, off to the moon!
***Important Note***
HVP does not imply direction, but it can help time larger moves!
---
Here is my plan:
Entry: 2.8400000
Entry Zone: 2.8370-2.9746
T1: 3.1157855
T2: 3.3996455
T3: 3.6835055
T4: 3.8685225
Stop: 2.5011359
---
R:R: 3.04
Risk: 11.93%
Reward: 36.22%
---
This is not financial advice; I am not a financial adviser. This information is not meant to be used for financial advice, nor trade ideas. These posts are simply a record of my trade ideas and are intended for educational purposes only.
Note
ZRXUSDT saw a 133.41% increase after closing above the Daily 10EMA. Let's get this crypto!Note
TNTUSDT saw a 116.32% (and still going) increase after breaking the same resistance area. I am not FOMOing though, I'm waiting for entry on the next breakout! 
General Inquiries: t.me/cryptoguru369
Twitter: twitter.com/CryptoGuru369
Twitter: twitter.com/CryptoGuru369
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
General Inquiries: t.me/cryptoguru369
Twitter: twitter.com/CryptoGuru369
Twitter: twitter.com/CryptoGuru369
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.