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P_S_trade
Aug 31, 2021 2:03 PM

XTZ 1D Good growth, but needs correction 

Tezos / TetherUSBinance

Description

Our idea is first for those who trade XTZUSDT and hold a long

To begin with, it is worth saying that over the last month the price of Tezos made x3 rise, from $2 to $6, and the rise was almost without correction, and they are needed.
We hardly believe that the price of XTZUSD will be able to rise above $6.25 again in the nearest future, maybe not even that and go straight down.
One of the factors that allows us to think so: critically large volumes at the recent theoretical highs.

The area where we would personally consider opening a long is around $3.60-4.20. And the decision to go long should be made if and when the XTZ price approaches this zone.

In general, if you look at this chart and want a lot, you can see that the price is quite technically moving from level to level. And then it's every man for himself)
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Trade closed: target reached

Comments
SignalProvider
My technical analysis shows that you are correct!
quality stuff
P_S_trade
FieryTrading
Nice overview of the trade, thanks for sharing🔥
P_S_trade
@FieryTrading, you are welcome
Helical_Trades
perfect perfect. great target
P_S_trade
Future_Trading
super very nice
P_S_trade
KlejdiCuni
Amazing Analysis
P_S_trade
@KlejdiCuni, thank you)
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