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CryptoWaveSurfer420
Dec 2, 2020 9:45 AM

XTZ is getting ready for nice bullish movement Long

Tezos / TetherUSBinance

Description

XTZ has been hovering in the $2.20-$2.50 zone for a while, creating a local support on the 2 & 4 hourly, as well as the weekly charts. There were a few breakout attempts but the 2.90-3.00 resistance was too strong. However, with the current worldwide interest in crypto, the price should break through easily in the near future. This creates excellent profit opportunities. Of course, this all depends on BTC holding it's price, which I expect it will do at least until New Year's.

The current targets are:
T1 - $2.90 - approx. 22% profit
T2 - $3.50 - approx. 47% profit
T3 - $4.00 - approx. 68% profit
T4 - $4.50 - approx. 90% profit

As per usual, this is just my personal opinion, not a financial advice. Please do your own research.

Here's the 2 hourly chart


and the 4 hourly
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