Chibuike_Odoh

XTZUSDT (TEZOS) - POTENTIAL BREAKOUT

Long
BINANCE:XTZUSDT   Tezos / TetherUS
ANALYSIS πŸ”Ž
- XTZUSDT is resisted by the descending trendline resistance.
- Price is testing the descending trendline resistance
- Price action is printing an ascending triangle pattern at the test zone.
- This is a bullish build up pattern.
- There's a breakout potential.

BUY ENTRY ⬆️
- Breakout above the descending trendline resistance and the ascending triangle's horizontal resistance.

TARGETS 🎯
- Horizontal resistance level (R1).
- Horizontal resistance level (R2).

SETUP INVALIDATION ❌
- Breakdown below the ascending triangle's inclined support.

Comments

looks like you got a hit
+2 Reply
@abiraj05 πŸš€πŸš€πŸš€
Reply
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