Long XTZ/USDT
1. The beginning of the decline in the level of BTC dominance .
2. Weakening of BTC /USD growth dynamics near ATH .
3. General consolidation of altcoins after a downtrend (to BTC ).
4. Inflow and redistribution of new money in the market.
5. General growth trend of the crypto market.
6. Formation of local trend support, in case of its breakdown into the red zone, you can consider the possibility of early closing of the transaction without reaching the consolidation at the stop level.
Take a level of 2,85.
The risk-stop level is fixed at 1,9175.
1. The beginning of the decline in the level of BTC dominance .
2. Weakening of BTC /USD growth dynamics near ATH .
3. General consolidation of altcoins after a downtrend (to BTC ).
4. Inflow and redistribution of new money in the market.
5. General growth trend of the crypto market.
6. Formation of local trend support, in case of its breakdown into the red zone, you can consider the possibility of early closing of the transaction without reaching the consolidation at the stop level.
Take a level of 2,85.
The risk-stop level is fixed at 1,9175.
Comment:
The idea is active until the repeated retest of the breakout of the figure.
Trade closed manually:
Close 2,23$
The breakdown of this figure can predispose the direction of further movement.