Tezos / TetherUSLong
XTZ is getting ready for nice bullish movement
XTZ has been hovering in the $2.20-$2.50 zone for a while, creating a local support on the 2 & 4 hourly, as well as the weekly charts. There were a few breakout attempts but the 2.90-3.00 resistance was too strong. However, with the current worldwide interest in crypto, the price should break through easily in the near future. This creates excellent profit opportunities. Of course, this all depends on BTC holding it's price, which I expect it will do at least until New Year's.
The current targets are:
T1 - $2.90 - approx. 22% profit
T2 - $3.50 - approx. 47% profit
T3 - $4.00 - approx. 68% profit
T4 - $4.50 - approx. 90% profit
As per usual, this is just my personal opinion, not a financial advice. Please do your own research.
Here's the 2 hourly chart
and the 4 hourly
The current targets are:
T1 - $2.90 - approx. 22% profit
T2 - $3.50 - approx. 47% profit
T3 - $4.00 - approx. 68% profit
T4 - $4.50 - approx. 90% profit
As per usual, this is just my personal opinion, not a financial advice. Please do your own research.
Here's the 2 hourly chart
and the 4 hourly
Related publications
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.