Xtzusdtperp
XTZUSDT moving down to Supports @ 1.9, 1.6-1.7 & 1.2As stated in my previous post, XTZUSDT did not stay above the diagonal lines and wasn't supported by the rings either, so bulls failed to hold. Currently XTZUSDT is heading down to 1.9 support, and may consequently move down to support rings at 1.6/1.7 and possibly move to 1.2 support if bears win! #TradeCarefully
XTZUSDT, ACCENDING TRIANGULAR CHANNEL FORMED...IF XTZUSDT CAN BREAK ABOVE THE DIAGONAL RESISTANCE THEN IT MAY BE SUPPORTED BY THE FIB RING AND FAN AND HEADING UP TO THE NEXT RESISTANCE POINT 2.7xxx, ELSE IT MAY GO DOWN TO 2.0-2.2 FOR A RETEST CONFIRMATION OF STRONG SUPPORT! TRADE CAREFULLY!
XTZUSD, Bullish Accumulation formingBullish Accumulation forming... If it continues down then we going to 2.1-2.2.
XTZ/USDTPERP 4H (Binance) Rising wedge about to break-outTezos is on dangerous support, if break-out is confirmed this would probably go down, so that's our short-term set-up:
Sell Entry= 1.995 - 1.925
Take Profit= 1.847 | 1.787 | 1.681
Stop Loss= 2.073
Risk/Reward= 1:1 | 1:1.53 | 1:2.47
Expected Profit= 28.85% | 44.15% | 71.15%
Possible Loss= -28.85%
Margin Leverage= 5x
