TEZOS 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.
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XTZ 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...
