XTZBTC - Ranging in Channel, Moving UpwardTEZOS has been trending top to bottom in this descending channel for a while now, and we've recently tested been rejected by the lower edge once again, back to the top edge we go!
We've got a Buy signal from CTv2 to help confirm the upward move and should be able to lock in a good 15-20% on this one.
If you enjoyed or agree with this idea - drop us a comment, like & follow! :)
Xtzbitcoin
XTZ TEZOS on Fire with Bullish Daily Candle - XTZBTC XTZUSDTXTZ TEZOS on Fire with Bullish Daily Candle - XTZBTC XTZUSDT
✳️Tezos/BTC (28/10) #XTZ $XTZ #XTZBTCXTZ is at the bottom of the previous bullrun, which raised from 1500sts to 4000sts.
So there is definitely a significant buying force here, we can buy with low risk.
📈BUY- LONG Strategy
- Buy in the 1450-1500sts zone, stop loss if the 1D candle closes below this zone
📉SELL-SHORT Strategy
- Sell in the zone of 2200sts, stop loss if the 1D candle closes above this zone
- Sell in the 2400sts zone, stop loss if the 1D candle closes above this zone
♻️BACK-UP Plan
- Buy in the 1200-1300sts zone, stop loss if the 1D candle closes below this zone.
- Buy in the zone of 900-1000sts, stop loss if the 1D candle closes below this zone.
