without_worries

Tezos / Eth - Free Ethereum anyone ??

Long
KRAKEN:XTZETH   None
Following a 80%+ correction and oversold condition (orange column) the above 10-day chart has printed an ‘incredible buy’ opportunity.

Trading smart contract pairs is an excellent way to protect you dollar profits or better still increase them further, which is what this trade is about. (Dash/Zcash/XMR being another example of trading pairs).

Swing trading between like for like pairs is very profitable yet I never see many ideas like it on tradingview. The best part is you need only do it a few times per year - stress free.

Why bullish on Tezos?

1) The 10-day candle ‘Dragonfly DOJI’ + recent retracement

2) MFI resistance breakout (orange circle)

3) Stochastic RSI breaks up 20 following an astonishing 421-day period since it crossed down 80.

Good luck!
Trade active:
Regular bullish divergence emerging

Trade active
Trade active
Trade active:
Excellent 10-day chart printing for this pair. Clearly Tezos is going to out-perform Ethereum in this last wave of the Bitcoin bull run.

Comment:
PS: currently 8 oscillators are showing bullish divergence against price action. What does that mean? Throw the farm at it.
Trade active:
Comment:
On the weekly chart it is obvious to see a significant bullish divergence. Be patient.

Trade active:
Huge weekly bullish divergence playing out here


BTC
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy

Weblink: www.patreon.com/withoutworries

Allow 3-6 months on ideas. Not investment advice. DYOR
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.