Tezos / TetherUSLong
XTZUSDT is testing the 0.618 Fib level
1D Timeframe: Correction
After an bearish impulse, the price is testing the 0.618 Fib level on 1D timeframe after a bouch from
The price is testing the 0.618 Fibonacci level on the 1D timeframe after a bouch from weekly's support
4HTimeframe: Impulse
The price is testing the 0.618 Fib level on 4H timeframe after a bounce from the local support (4h support at $1.35)
The trading plan:
If the price is going to breakout the descending trendline on 1D timeframe, and retest it as a new support, we will consider to set a nice order.
After an bearish impulse, the price is testing the 0.618 Fib level on 1D timeframe after a bouch from
The price is testing the 0.618 Fibonacci level on the 1D timeframe after a bouch from weekly's support
4HTimeframe: Impulse
The price is testing the 0.618 Fib level on 4H timeframe after a bounce from the local support (4h support at $1.35)
The trading plan:
If the price is going to breakout the descending trendline on 1D timeframe, and retest it as a new support, we will consider to set a nice order.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.