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Lucron
May 13, 2020 12:13 AM

Clean Short Entry on Tezos  Short

Tezos / BitcoinBinance

Description

BINANCE:XTZBTC

The moment I've been waiting for! The longterm trendline has finally broken and now retesting.

Short Entry: 2927sats
Stop Loss: 3120sats

Targets are visible in the chart. This is strictly level to level trading. I'm taking this to hedge my BTC short, because if Bitcoin Dominance increases, alts will most likely fall.

Let's see how it pans out.

Happy trading fam!


Comments
ninjacookies
Great observation, I agree. Stochs are also lining up for a big drop soon, as well as BTC's move up. It has lost trendline support.
Lucron
@ninjacookies, yes, S&P lost it's uptrend. Will be an interesting couple of weeks.
THGB
I love for it to come down so I can scoop op more and more xtz and hodl until the year 2180
Lucron
@THGB, hahah you must have found the fountain of youth!
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