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MartinSturks

TEZOS (XTZUSD)- LONG IDEA

Long
MartinSturks  
BINANCEUS:XTZUSD   None
Trend Analysis Harmonic Patterns Technical Indicators channeltrend countertrend tezosusd Fibonacci Retracement Fibonacci Extension longsetup supportandresistancezones
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trendanalysis harmonicpatterns indicator channeltrend countertrend tezosusd fibonacciretracement fibonacciextension longsetup supportandresistancezones
TEZOS (XTZUSD)- LONG IDEA

Tezos has broke into our Buy Zone Area off the Daily Timeframe we are now looking for low prices to Buy up towards our Daily Target of 4.3566.

We have established an up trend/channel and looking to buy the counter trend break towards our Target 4.3566.

Path 1 : If the channel holds then we could see the Market reversing off that support trendline towards our Target of 4.3566 .

Path 2: If the trendline fails we have seen a strong Support Level below the trendline which could start the reversal to the upside towards our Target of 4.3566 .

Take Profit : 4.3566
Stop Loss : 2.3736
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