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XTZBTC

XTZ/BTCIn weekly time-frame we can observe the price fell from ATH breaking all the support zone and is currently forming a proper DOUBLE BOTTOM (W- pattern). From here on, there are possibly two scenarios that can take place, first the price surges from here following the W pattern to the upside (Lvls mentioned in green) and second after reaching the highlighted area in ORANGE it bounces/retraces back to the Support Zone and possibly make a TRIPLE BOTTOM pattern and then continue the upside move. For educational purposes only (DYOR). BINANCE:XTZBTC
Long
by Wolf_Of_Alt_Street
8
💡Don't miss the great buy opportunity in XTZBTCTrading suggestion: ". There is a possibility of temporary retracement to suggested support line (0.0000855). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . Tezos/Bitcoinis in a uptrend and the continuation of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 46. Take Profits: TP1= @ 0.0000975 TP2= @ 0.0001040 TP3= @ 0.0001110 TP4= @ 0.0001200 TP5= @ 0.0001335 TP6= @ 0.0001530 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 you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_ME
4