Tezos / TetherUSLong
XTZ and its mission to Andromeda!
Mis à jour
Hy guys!
Tezos is very bullish and it looks to me that price could repeat a Februar 2020 situation, where a triple EMA cross happened right before
this parabolic price rise to nearly 4USD.
In the current situation we could see a Pullback to the 2.58-2,60USD zone which aligns with the 0.381 Fib level and is also a flipzone, indicated by many touch points in the past, which could make this a great area to fill your bags! Eventually, this area also could be the end of a potential wave 4, however, yesterdays daily wick nearly touched this area already!
Currently price also forms a bullish Pinbar on the daily.
In my opinion, the chances are higher to see a trend continuation and that a correction that many are waiting for, already had happened!
See the screenshot for more details!
Please comment, share and like this idea if you get out some value from it. This will keep me motivated to eventually post more ideas in the near future. Thank you!
PS: Always use a Stop Loss!
Tezos is very bullish and it looks to me that price could repeat a Februar 2020 situation, where a triple EMA cross happened right before
this parabolic price rise to nearly 4USD.
In the current situation we could see a Pullback to the 2.58-2,60USD zone which aligns with the 0.381 Fib level and is also a flipzone, indicated by many touch points in the past, which could make this a great area to fill your bags! Eventually, this area also could be the end of a potential wave 4, however, yesterdays daily wick nearly touched this area already!
Currently price also forms a bullish Pinbar on the daily.
In my opinion, the chances are higher to see a trend continuation and that a correction that many are waiting for, already had happened!
See the screenshot for more details!
Please comment, share and like this idea if you get out some value from it. This will keep me motivated to eventually post more ideas in the near future. Thank you!
PS: Always use a Stop Loss!
Note
Price is making a slow Pullback to the very strong 2.60USD price level. Carefully observe price action at this level and consider to filly your empty bags, if there is enough confirmation for a reversal. I will keep this thread updated and probably post an entry idea, when the time comes! Good luck!—————————————————————————————————————————————————————————————————————————————————————————————————
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DISCLAIMER (read it please): Never ever consider a trade without an education and always use a STOP LOSS to protect your account at all costs! Never ever use a mental STOP LOSS! You should also have a strict money management system in place, which allows you to trade with only a 1% Risk for each trade you take! If you are a beginner, you should trade with only 10USD Risk maximum and continue until you have gained the skills and proved yourself to be profitable over a longer period of time!!!
Note
Price reaching the support zone. Watch the price action here and consider an entry long, if you have enough evidence that price reverses from here!Unfortunately I cannot post new ideas, something seems to be wrong with my tradingview account...
Note
Price at the 0.382 Fib, next support would be the 4h 50EMA at around 2.50! Price must hold above the 2.45USD level to keep this idea valid!Transaction en cours
Be ready to enter on the 5min trendline breakTransaction en cours
Breakout!Good luck to everybody who bought this Pullback!
Note
Price pushing through the 1h trendline resistance and 50EMA. This could be a great Breakout or Pullback long opportunity!
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