XTZUSDT trade ideas
XTZ - Pump after my call 🚀🔥XTZ is now at the bottom of the bullish channel, it's a good time to get in.
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XTZUSDT
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▶️ Buy: $6.5
⚠️ Stop loss: 1D candle under $6
⭐ Target 1: $7.5
⭐ Target 2: $8.3
⭐ Target 3: $9.2
⭐ Target 3: $10.4
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Good luck 💗
Bullish continuation pattern in Tezos* Tezos in Daily time frame forms a Cup and Handle pattern.
* Cup and Handle is a bullish continuation pattern occurs during the uptrend. To continue the trend price needs to break the handle ( Falling channel like pattern).
* After a proper retest to the breakout level, we can see the continuation of uptrend in Tezos.
XTZUSDT short-term shortXTZ now breaking rissing wedge pattern.
FIrst ressistance is orange trendline TP1
Second ressistance is blu arrow (rissing wedge patern short target) TP2
Third ressistance is green trendline TP3
Fourth ressistance is yellow trendline TP4
Disclamer: This is not financial advice.
You trade at your own risk.
XTZUSDTHOLD 5.99$ And next take profit zone would be 7.55/7.99
So far every dip into 0.618,0.702, and 0.786 Fibonacci retracements got bought up and XTZ manage to bounce and make a new high
RSI above 50% is a bullish sine (8H chart)
Yellow line = Trend support we wanna hold that. if it's a breakdown from the yellow trend line I would short it to 5.58 and reload it there.
Xtz - Bullsih ChannelXTZ is now at the bottom of the bullish channel, it's a good time to get in.
-----------------------------------------
XTZUSDT
-----------------------------------------
▶️ Buy: $6.5
⚠️ Stop loss: 1D candle under $6
⭐ Target 1: $7.5
⭐ Target 2: $8.3
⭐ Target 3: $9.2
⭐ Target 3: $10.4
-----------------------------------------
Good luck 💗
XTZUSDT UPDATEThe correction is showing signs of a deceleration with the market forming a possible double bottom rejection in confluence with the 0.618 fib. For a entry confirmation i am waiting for a 4hr higher high to close above the descending counter trendline and back above the horizontal resistance.
XTZUSDTXTZ has been moving inside a wide channel by hitting to the S&R lines of the channel. Currently it is touching the dynamic line of the channel and getting RSI signal above its mid line, demonstrating a strong bullish run toward the midline of the channel. TPs and SL have been indicated in the chart.
Happy Trading,
Demin
Long opportunity XTZXTZ could have ended what could be a leading diagonal followed by an expanded flat. The level at $6.549 should hold in order to allow for the beginning of wave ((3)) with a short-term target at $7.48 which be equal to 1.618*((1)) on a log scale. Most importantly the beginning of the supposed wave ((1)) at $6.349 should hold otherwise we should look for a bearish scenario.