FieryTrading

🔥 XTZ Bullish Channel Bounce Update

Long
BINANCE:XTZUSDT   Tezos / TetherUS
Recently I made an analysis on XTZ and the bullish channel it was trading in. Since my last analysis, XTZ has appreciated around 40% in value. Congratulations if you took the trade.


Since the current run up has been vertical, I'm expecting a minor retracement in the coming days. Not sure when it will come, but I'm expecting the support area to hold. So, in case you're waiting for a decent entry, you might want to watch the support area in case we get there.

Be aware that we're bullish as long as the overall market structure points bullish.

Happy trading!

🎯Official Channel: t.me/FieryTradingChannel

📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free

✅Monster Signals: t.me/monster_cryptosignals

🔥Premium Signals: www.fierytrading.com
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.