Tezos Broke the down trend-line with high volume, we have zones at 4.7 and 5.1 both have cluster with .786 and .5 level of fibo respectively, perfect for price to touch and bounce from these levels. for our targets we have 5.9, 6.5 and 9 levels. first of all check this idea with your own setups and then enter for long, Adhere to risk management.
Note: price may form a trading range at 5.1 and 5.9 level or 4.7 and 5.9 level in that case, sell at top and buy at bottom.
Note: price may form a trading range at 5.1 and 5.9 level or 4.7 and 5.9 level in that case, sell at top and buy at bottom.
Trade closed: stop reached