Long

XTZUSD BLOWOUT

Updated

My god, this thing is wild! I got out on blow off top candle and i would like to see consolidation above .618 fib and allow RSI, MA to catch up in order for this thing to continue higher.

*sorry for bad grammar typing with one hand.

Note

We should coil back down, let it play out. It is WAY overbought, going in right now is reckless. Although it can still go higher, not my trade to get in. I would look elsewhere and come back in a week or so.

Note

Stuck in a descending triangle, in traditional chart pattern it indicates a bearish pattern.

Trade active

Entry: 2.70 SL: 2.00

Adding position at 2.90 Breaking above prior swing high.

Note

Market is screaming saying we are going higher.

Trade closed manually

I think we are topping out soon. Not worth staying for extra dollar.

Crypto_Thrones

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