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XTZBTC trade ideas

XTZBTC The Tezos syndrome. Time to buy.XTZBTC has been one of the most consistent pairs throughout the year 2020 so far. So consistent, that in fact helped me calculate the exact top and take a sell position and hit the target with surgical accuracy as you can see on the idea below: Now I believe it is time to start buying Tezos again as the price has made successive 1D closings above the (blue) annual Rectangle's Support and the LMACD is close to making a bullish cross. See how the LMACD is an additional tool (a little lagging but still quite effective) in determining tops and bottoms. ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** !! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !! Shout-out to TradingShot's top TradingView Coin donor this week ==> NilBalance
Long
by TradingShot
1
XTZ currently at a historic support. How to play it?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 BINANCE:XTZBTC pair. Feel free to challenge my TA in the comments, the best way to learn is through discussion!
by BlackbirdCrypto