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Ncard137
Dec 9, 2023 4:18 AM

XTZ looking nice inverse H&S Long

Tezos / United States DollarCoinbase

Description

Here we have a very nice looking chart for XTZ, some strong support over the blue line. Forming an inverse H&S. We can easily see XTZ push up to $1.49 at a 50% gain from here the next stop being within the yellow lines. The risk to reward ratio is looking very good right now. There are other coins pushing more % in a day but a little stronger on their pull backs. The fact you can stake your XTZ one you buy ack in is a good way to get some passive income but just make sure to unstable before this coin starts moving again up to $7.
Good luck and have fun with it
Comments
mikroland
don't you think it will hit higher than 7 on this bull cycle?
Ncard137
@mikroland, of course, a lot of my trades are for scalping so we can see a quick pullback at first target and 2nd target some resistance but once broken above $7 is possible
mikroland
@Ncard137 patiently waiting
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