The_ForexX_Mindset

XTZ 4 the Fall

Long
COINBASE:XTZUSD   Tezos
Smart money Risk contraction meaning no guarantee to 85 cents; it usually surpasses it. Swing H/L with bullish contraction which now shows a completed uptrend because it’s reached first supply zone until further notice to reach top supply zone. 64 pips. Smart money magnet line means trend intends to stay sometimes within that area based on smart money momentum.
TARGET MET
Comment:
XTZ will recover, needs a dip unless smart money reacts to it. But target has been met. To think more to come is a dumb money mentality. Take your profits in this bearish market. If this was a bull market I’d have a different prospective
Comment:
I already have entry point but not confirmed yet. I first have to make sure uptrend comes to an end. Anything more is either pushed up by dumb or smart money. As stated before target was reached.
Many of of you entered early, I understand many will stay which is ok because my now reading looks good but not confirmed yet.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.