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fvideira

XTZ ascending triangle + cup & handle

Long
Tezos (COINBASE:XTZUSD)  
fvideira  
COINBASE:XTZUSD   Tezos
Trend Analysis Chart Patterns
1
0
trendanalysis chartpattern
Left chart
Ascending triangle:
  • Break even failure rate for up breakouts: 17%
  • Average rise: 43%
  • Throwback rate: 64%
  • Percentage meeting price target for up breakouts: 70%
  • Volume: Trends downward at least 78% of the time
Price target: 85% (A>B) * 70% = 59.5%

Right chart
Cup & handle:
  • Break even failure rate: 5%
  • Average rise: 54%
  • Throwback rate: 62%
  • Percentage meeting price target: 61%
Price target: 70.50% (A>B) * 61% = 43%

Position already entered at specified area. Looking to TP every 1:1 RR, and final target set at lower price target.

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fvideira
ZILUSD 1W Cup & Handle 31/03/22
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