₿ XTZUSDT 1W ₿ : 03.Oct.2021 : Long ✅🚀Well, as we know , According to the first time we introduced this currency and offered to buy it, this currency has gained 115% profit . Now is another great opportunity. the TEZOS is powerfully trying to break the Pitchfork midline resistance for the third time ... From here, we can expect at least 50% profit from this awesome cryptocurrency .
⚠️ This Analysis will be updated ... BINANCE:XTZUSDT
👤 Arman Shaban : @Ar_M_An_4
📅 03.Oct.2021
⚠️(DYOR)
XTZUSDT trade ideas
🔥 XTZ Triangle Pattern: Consolidation AheadSince earlier in September, XTZ has been trading inside a consolidation pattern. At the moment, a clear triangle pattern can be drawn from connecting the most recent tops and bottoms.
As far as I'm concerned, XTZ has more room to fall. I'm expecting a strong reversal from the bottom of the triangle, targeting the top of the triangle.
Happy trading!
XTZUSDT: BREAKOUT SYMMETRICAL TRIANGLE, ALTCOINS SHORT SIGNAL?Hello Enthusiast Coin Traders! Here's short-term outlook for XTZUSDT, Please give us the thumbs up and support the channel by Smashing the FOLLOW button :)
XTZUSDT has broken out of the symmetrical triangle pattern. Breakout of symmetrical triangle pattern indicates the possibility of bearish movement. The momentum indicator is crossinng below the zero area, it signify the potential downward movement to the target area.
The roadmap will be invalid after exceeding the resistance/target area.
DISCLAIMER:
This is only an outlook, not a recommedation to buy or sell the cryptocurrency.
#XTZUSDT Daily Chart
After reaching the 4h supply zone and getting rejected heavily from it twice, price is now ranging in a symmetrical triangle. Indicators are not showing clear directions as we would have expected, MACD is showing mixed feelings and RSI is at 50% with price sitting on EMA ribbon. I expect price to reach the 1h demand zone before moving upwards again. However if a breakout occurs from the support line we would be expecting price to reach $3.916 and $3.088 respectively.