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Tezos XTZ 40% Move to new ATHs
Tezos / TetherUS
Long
Tezos XTZ 40% Move to new ATHs
By SJTRADESFUTURES
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Updated
May 7, 2021
1
6
Cheer
Cheer
May 1, 2021
Fib Ext Pull and Fib Speed Resistance Pull
Target .618 and expecting some resistance at this area before a move to the the 1-1 Extension
for fresh ATH and potential continuation .
The move allows for a 40% return , do not FOMO I expect a pull back when we hit the .618.
or even before given BTC potential volatility.
Of course determine your own entry if you cant wait for that potential prospect.
****Please also note that any ALT setup regardless of how strong it is can be destroyed by
aggressive BTC moves *****
Another observation I want to make is that the areas I have highlighted are where pullbacks have
occurred literally around the same time each month . 21 Jan , 23 Feb , 25 March , and 23 April .
Im not suggesting that come the end of May we will see the same but its worth noting and
just a pattern that I noticed had played out throughout this year .
Also each major correction has pulled us into the .382 speed fan resistance or close too it .
Ensure that you have a trading plan with a clear invalidation and SL
Ok well Thanks for reading and any questions pls ask , Like and FOLLOW for more of my content and Analysis .
May 7, 2021
Comment
target hit
May 7, 2021
Comment
20% still running on a trail stop
May 9, 2021
Trade closed: stop reached
binancesignals
buyopportunity
buysignal
bybitsignal
Fibonacci
longsetup
longtrade
Support and Resistance
tezossignals
tezosusd
Trend Lines
SJTRADESFUTURES
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