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BMoom
Nov 12, 2021 4:32 PM

Tezos XTZ - Buy and Sell with Funnel Trend Pattern  

Tezos / United States DollarCoinbase

Description

We broke down from top of funnel off weekly TD9 Sell, while slightly above daily sell zone area.

In the weekly Buy Zone now. If we break down from this zone then green daily and weekly green supports line are in play near bottom of funnel.

Red weekly extended sell zone is in play for an area to take profit after funnel break out.

Happy trading!

Comment

Daily support tagged. I'm leaning towards the bottom being in but haven't yet gotten the long signal I like to see on BTC.

If daily support breaks, $2.89 should be a good spot to increase position size.

Comment

Support reached.

We'll want to see the megaphone (not a funnel, doh) structure hold.
Comments
trytofeelpositive
share my midterm vision with u
BMoom
@trytofeelpositive, Thank you, but I think I like mine more. = )
Sweetcanary
Cool analysis ! Thanks !
BMoom
@Sweetcanary, Thank you! A pleasure, as always.
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