BlackbirdCrypto

XTZ currently at a historic support. How to play it?

BINANCE:XTZBTC   Tezos / Bitcoin
While XTZ has disappointed many because it hasn't broken out of this range, it's still been VERY profitable for anyone who traded it.

XTZ is currently at a solid support level. I personally entered a long position at 25k sats, a bit premature but I am ready to exit.

According to the previous XTZ price pattern, I expect at least 20% up to 47% BTC gains in the upcoming 7-15 days.

LONG CASE:
Buy @ 25k - 27k sats.

TP1 @ 31k sats.

TP2 @ 36k sats.

SL @ 1D close below 24k sats.


SHORT CASE:
Sell @ 24k-23.3k

TP1 @21k sats.



I will post more updates this week on the XTZBTC pair.

Feel free to challenge my TA in the comments, the best way to learn is through discussion!

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