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cjkoepke
Dec 30, 2020 4:30 PM

XTZUSD: Bearish or Bullish Moment Short

Tezos / United States DollarCoinbase

Description

Noticed this long-term wedge forming pretty heavily on XTZ. I'm currently holding, but if this breaks down I'm not sure what my strategy is going to be. I'm leaning toward shorting it only because of an impending BTC correction that I'm sure will cause XTZ to tank for a great buy opportunity. Thoughts?

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Broke out perfectly, bought more and holding.
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