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TradingShot
Feb 15, 2021 8:22 PM

XTZUSD Expecting strong 3-month leg to $9.00 Long

BITFINEX:XTZUSD1D
XTZ / DollarBitfinex

Description

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Pattern: Fibonacci Channel on 1D.

Signal: Buy as the formation of a 1D Golden Cross has been since 2019 the signal of further upside continuation. Has many similarities with the December 2019 Golden Cross.

Target: 9.000 (contact on the 1.00 Fibonacci as well as the 1.618 Fib extension from the former High).


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Trend AnalysisHarmonic PatternsChart PatternsXTZUSDtezossignalsxtzusdsignalstezossignalsCryptocurrencycryptocurrencysignals
Comments
CryptoShower
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Tradingshot. Very thankful for your analysis.
TradingShot
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@CryptoShower, Thank you for the donation!
megaknaak
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Nice work Captain.
Crypto-Swing
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Nice work! I note the retracement to the 50day MA following each of the previous Golden Crosses is something you expect to re-occur.
Crypto-Swing
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And that retrace to the 50dMA has just occured
ttran123
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@Crypto-Swing, wait it did retrace to the 50 MA on the daily?
TradingShot
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@Crypto-Swing, Great input CS!
ForecastCity_World
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Professional work, simple & clear analysis.👍🔥 Keep it up
TradingShot
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@ForecastCity_World, Thank you!
rehao_tech
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Great job!
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