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CM_Trades
Feb 22, 2019 9:21 PM

TEZOS looking primed!!! Long

BITFINEX:XTZBTC1D
XTZ / BitcoinBitfinex

Description

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  • Tezos continues to form a nice consolidation bottom here right on top of support
  • We can see that volume seems to be returning over the past week or two, which could be signaling a potential move coming
  • We did see a move of about 20% previous as XTZ moved right into the demand zone above before pulling all the way back
  • We do have an event in April where Tezos will be present but until then there doesn't seem to be much in the cards catalyst wise
  • We could very well get another go at those local highs and even make a run for target 3 on a potential Binance listing (just a guess)


Thanks guys!

Comment

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Perfectly hit both our targets and currently on its way to the final one but BTC is looking weak here

Comment

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AMAZING TRADE!!!

Comment

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AMAZING TRADE!!!! over 150%+
Trend AnalysisChart PatternsTechnical IndicatorstezostezosbtcxtzXTZBTCXTZUSDCryptocurrencycryptoBitcoin (Cryptocurrency)BTC
Comments
metza24
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Hi, any ideas for current target? Thanks
LeonSnoei
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Nice call
CM_Trades
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@LeonSnoei, thank you!
CM_Trades
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@metza24, @metza24, Well the immediate target would be ATH at 29000 sats and then after that, it would enter price discovery. 1.618 extension would put it at 43600 sats
metza24
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@crypto_terminal, @gsdgeweg, Hi, I am trying to get in but I notice a re-tracement currently. Any idea hoe low the re-tracement will go? Cheers!
CM_Trades
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@metza24, Could fall down to 2300 or 2100 depending on how hard BTC moves (up/down). Strong moves in either direction could see alts suffer either way
metza24
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@crypto_terminal, Thanks.
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