KoreanStreetBets

XTZ/USD - TEZOS GOING HIGHER?!

Long
COINBASE:XTZUSD   Tezos
We've been watching Tezos for quite some time.

We played the last rally from the $2.40 support zone and we're here again after a massive crypto sell off. We noticed a bounce slightly higher than the previous lows around this level.

Short term LONG trade idea to $3.20 level.

*NOT A FINANCIAL ADVICE, THIS IS JUST OUR PERSPECTIVE AND WE DO NOT RECOMMEND ANY TRADES WE PUBLISH ON OUR CHANNEL. YOU WILL LOSE MONEY.

Trade active:

We were in the green for quite some time but crypto market is continuing a bit on the slower down trend. But if take a look at our 1HR chart, we're again at the support seeing buyers come in. If we start to see any other major sell offs in the crypto market we'll begin to adjust our risk but as of now. Not really doing much.

All eyes on Bitcoin making that bounce.

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.