Interesting Setup on XTZ!!!
Hey guys, Merry XMas!
Spotted this interesting trade setup on XTZ.
If we can manage to break the top of the channel, I'll look for an entry after the retest at around $1.45, and making sure we get above that resistance line.
If we move towards the bottom of the channel, then I'll look for entry points in the purple box that coincide with the bottom of the channel. Maybe the $1.00 price point.
Spotted this interesting trade setup on XTZ.
If we can manage to break the top of the channel, I'll look for an entry after the retest at around $1.45, and making sure we get above that resistance line.
If we move towards the bottom of the channel, then I'll look for entry points in the purple box that coincide with the bottom of the channel. Maybe the $1.00 price point.
Nota
XTZ seems like it will be breaking the channel to the up side. Not really liking BTC's position right now, but Alts are showing some momentum. I'll open a long on the retest. Here are the details:
Enter Price: $1.3710
Target: $1.2356
Stop Loss: $1.2356
Trade ativo
I managed to get into the trade on a Wick overnight. Was at a loss for a little and then closed at break even. The retest after breaking the channel failed, and we are moving down within the channel.
Aviso legal
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.