XTZ triangle breakout 📐Tezos broke up this triangle📐 and I think there is chance for run to 5 and even higher. Setting BUY LIMIT order to previous range high to catch🎣 the pullback.
ENTRY : local high @ 3.242
STOPLOSS (SL) : local low @ 2.857
TARGET (TP) : height of the triangle projected from midpoint of the local range (BUY LIMIT - STOPLOSS) @ 5.080
REWARD RISK RATIO (RRR) : 4.7
INVALIDATION : when SL level hit
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⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
XTZBUSD
XTZBUSD/USDTBINANCE:XTZUSDT
XTZ Long Trade Plan
You may buy once price touches EMA47.
Set your SL depends on your risk appetite.
I would set my TP on $10.20
XTZ / USDT - a few words about TezosHey everyone !
We want to say about actually bullish moment with XTZ
Its for real ready to go to the moon !!
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We will place a buy orders in 4.40-3.5 with SL 3.3 .
If you need targets info , wright us bellow in comments ...
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Have a nice deals guys ; )$$$$$
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And make us some like please , if can make it ; )
Not sure why everyone has missed this, but it's not too late.I posted this idea a week ago and no one seems to see the obvious pattern.
Buying at 4.9 USD
SL 3.8 USD
Looking at 100% gains, due to the previous jumps from this support level always leading to 100% gains. If XTZ falls past this level, we're looking at a significant drop imo.
If Bitcoin continues dropping this may be invalidated, otherwise, the pattern is clear and straightforward.
💡 Don't miss the great Buy opportunity in XTZBUSDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (4.20). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. XTZBUSD is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 56.
Take Profits:
TP1= @ 4.7680
TP2= @ 5.2300
TP3= @ 5.3115
TP4= @ 5.6550
TP5= @ 6.1510
TP6= @ 6.6780
SL= Break below S2
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💡 Don't miss the great Buy opportunity in XTZBUSDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (4.20). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. XTZBUSD is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 56.
Take Profits:
TP1= @ 4.7680
TP2= @ 5.2300
TP3= @ 5.3115
TP4= @ 5.6550
TP5= @ 6.1510
TP6= @ 6.6780
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex trader ?
Now, It's your turn !
Be sure to leave a comment let us know how do you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️