XTZBTC looks good but we need to break this major resistance zone! If volume can kick in and we break this resistance we can expect a big move!
If we look at history how price reacted once this zone is broken.. We can expect the same to happen.
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This asset is extremely bullish. currently making higher highs on great support at the end of our bullish harmonic.
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XTZBTC
Purchase in the area of 808-736 for 5% -15% of the deposit
Stop, fixing below 712
Goal 1 - 891
Goal 2 - 967
Goal 3 - 102
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Waiting for your comment, what do you think about this?
XTZ has been travelling along the descending channel since mid June, we are getting a strong push upwards at the moment looking like we are about to breakout against BTC. Keep in mind this TA only stays valid if BTC doesn't swing the market, if BTC dumps we should expect the same for the market. Now first looking at our current breakout spot we are looking very...
XTZBTC behavioral analysis telling us might we will see another massive bull run in XTZ against BTC
It depends on whats the market did in previous bull runs
I don't know how much time it will take to catch new all-time high
Tezos looks wonderful for a medium term bag !
Currently in an Accumulation Range for a long time ! when the expansion comes it will be Massive !
A Confirmed Potential Long entry would be an acceptance above the Breaker which will confirm the Change in Market Structure Targeting Median and top of the range !
Technicals:
1. We have a rectangular bottom or wyckoff accumulation that looks like the exact reverse of the rectangular top or wyckoff top.
2. A structured falling wedge has formed denoted by the 2 yellow converging lines.
3. Volume profile shows we are at the point of control on the daily.
4. Decreasing volume suggests bearish momentum coming to and end and a...
XTZ is trying to break the highs on the daily chart.
If we reject by the end of the day we probably will trade longer in the ascending triangle.
For every new follower i will add a new idea :)
XTZ look good for final breakout that should take price to 1200-1300 resistance zone. I'm loading some at spot and Futures with tight stop. If fail to grow and get dumped strongest support for a bounce is at ~840.
