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Tezos
Long

XTZUSD BLOWOUT

By Crypto_Thrones
Updated
My god, this thing is wild! I got out on blow off top candle and i would like to see consolidation above .618 fib and allow RSI, MA to catch up in order for this thing to continue higher.

*sorry for bad grammar typing with one hand.
Comment
We should coil back down, let it play out. It is WAY overbought, going in right now is reckless. Although it can still go higher, not my trade to get in. I would look elsewhere and come back in a week or so.
Comment
Stuck in a descending triangle, in traditional chart pattern it indicates a bearish pattern.

snapshot
Trade active
Entry: 2.70 SL: 2.00

Adding position at 2.90 Breaking above prior swing high.
Comment
Market is screaming saying we are going higher.

snapshot
Trade closed manually
I think we are topping out soon. Not worth staying for extra dollar.
Chart PatternstezosTrend AnalysisXTZUSD
Crypto_Thrones

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