Blockchain_Roller_Coaster

XTZ : Reload at Launch Pad (Next Target : 4.3$)

Long
Thank you so much for giving love to my previous idea. Please hit a like and follow me for all future updates CT.

Hope you all made money and took some profits at Target 1. As requested, here is the update on my previous idea. Tezos wants you all on the next flight up.

The Heiken ashi version of the candle suggests the possibility of a short term pullback to the next Launch PAD with the squeeze. Not expecting a significant pullback, and stop losses for this short trade should be tight.


--- FULL TRADE INFO ----

Category : Short Term --- Spot Trade --- ALTCOIN-USD Pair.
Entry : Enter at Launch Pad Zone (2.75 - 2.9$)
Target 2 : $4.3
Stop loss : 1-2 candles whole body close back into the channel (1-Day chart)

Market Sentiment : Tezos like LINK has sustained an amazing 2020 so far. Annihilation of bears is in full swing. Double Golden Cross blowing off top of the top of the channel was confimed. This is just a chance for people who missed the previous train.

--- END ---

I am a budding FOREX/ CRYPTO trader, with much of my experience coming from trading CRYPTO markets since 2016. In my Full Trade Setups I provide the Market sentiment, Entry Strategies, Stop Loss and Target Points for the Category of trade I will be posting. Discussion section is included to point out to the Fundamental Outlook.


Discussion : Given such a Heiken Ashi squeeze does indicate a possible correction, it wont be lasting long. Good chance for new investors to jump the train or people to short and take the next long up. The BTC printed a bullish weekly HH disregarding most of the bearish case in coming months, this potential XTZ which such upward bullish swing is highly probably

Please hit the LIKE button friends for more such trades.

Do your own research. I only post trades I myself take. :) Enjoy. Will keep you gyz updated.

CHeers.
Trade active:
Reload Zone was hit. Hoping for the next leg up. Bounce seems strong.

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.