Tezos / TetherUSLong
XTZ shopping time.
Updated
XTZUSDT seems to have found support. Strength is picking up and indicators are oversold on both 2 and 4 hour charts.
Long Entry - $2.45-$2.55
TP1 - $2.80 (approx. 12% profit)
TP2 - $3.50 (approx. 40% profit)
TP3 - $4.00 (approx. 60% profit)
I doubt it will reach $4.50 this time around though. I might be wrong though.
Currently BTC is on the upside, most likely trying to take 12k again.
XTZBTC is on weekly and daily support level. Once BTC starts to go sideways, XTZBTC will pump, causing XTZ to "explode".
Long Entry - $2.45-$2.55
TP1 - $2.80 (approx. 12% profit)
TP2 - $3.50 (approx. 40% profit)
TP3 - $4.00 (approx. 60% profit)
I doubt it will reach $4.50 this time around though. I might be wrong though.
Currently BTC is on the upside, most likely trying to take 12k again.
XTZBTC is on weekly and daily support level. Once BTC starts to go sideways, XTZBTC will pump, causing XTZ to "explode".
Trade active
Stop-loss reached, but my long analysis hasn't changed. Target points are the same, but with better entry.
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.