XTZ looks really good in higher timeframes ! You can make x2-x3
#XTZ / BTC ( Binance )
Buy Range : 0.0000750-770
Stop Loss : Weekly close candle below 0.0000640
Target 1 : 0.0000963 ( short-mid term )
Target 2 : 0.0001314 ( mid term )
Target 3 : 0.0001904 ( mid-long term )
Weekly chart looks promising for Tezos. Looks like trying to find some support and start a reversal. We have a failed try in November but this time looks a bit different because much money coming into the market and Bitcoin already did a big move.
Technically we found in a oversoll zone according to RSI while STOCH and MACD trying to push higher after two weeks with a good buy pressure.
Price sitting below of moving averages because weekly chart always lag a bit. But i think we may finding really interesting levels
Daily timeframes looking good too. We have a breakout and trying to find some support above moving average. Real test would be do a try above MA50 ( blue line ). If price is able to break and stay above, probably we will be looking for a fast price increase.
4 Hours already tested and break above MA200 forming a spike. Then, price need to make some pullback after a run sitting around 750 sats once again. In that way , you are able to wait for a pullback to buy against Bitcoin.
Price action against USD looks really bullish and im looking to touch last highs or even more for a next movements.
Good luck !
Buy Range : 0.0000750-770
Stop Loss : Weekly close candle below 0.0000640
Target 1 : 0.0000963 ( short-mid term )
Target 2 : 0.0001314 ( mid term )
Target 3 : 0.0001904 ( mid-long term )
Weekly chart looks promising for Tezos. Looks like trying to find some support and start a reversal. We have a failed try in November but this time looks a bit different because much money coming into the market and Bitcoin already did a big move.
Technically we found in a oversoll zone according to RSI while STOCH and MACD trying to push higher after two weeks with a good buy pressure.
Price sitting below of moving averages because weekly chart always lag a bit. But i think we may finding really interesting levels
Daily timeframes looking good too. We have a breakout and trying to find some support above moving average. Real test would be do a try above MA50 ( blue line ). If price is able to break and stay above, probably we will be looking for a fast price increase.
4 Hours already tested and break above MA200 forming a spike. Then, price need to make some pullback after a run sitting around 750 sats once again. In that way , you are able to wait for a pullback to buy against Bitcoin.
Price action against USD looks really bullish and im looking to touch last highs or even more for a next movements.
Good luck !
Trade active:
Target 1 touched