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FieryTrading
Mar 6, 2021 8:06 AM

🔥 XTZ Bullish Triangle Break-Out Long

Tezos / TetherUSBinance

Description

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XTZ is on its way to break-out of a bullish triangle pattern. I've placed the Entry line just above the last local high, around 4.05. Wait for the price to close above the entry line.

On the chart I’ve marked two potential areas of resistance, R1 and R2. These areas are based on recent swing highs. Do your own due diligence.

Happy trading!
Comments
ANTONHUSKY
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thanks.
FieryTrading
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@ANTONHUSKY, You're amazing 🔥🔥🔥
Stargazer_fx
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thanks for the analysis
CobraVanguard
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Wonderful analysis here
TRADiNG_hub
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Amazing Work Explained 🔥😌
ProjectSyndicate
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similar outlook for tezos with you
FieryTrading
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@ProjectSyndicate, nice, good luck!🔥
takdalej12
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How long keep this?
FieryTrading
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@takdalej12, Impossible to say. My trades function with targets, not with time.
MMBTtrader
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great job
broken triangle

well done
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