Get started

XTZBTC

XTZ currently at a historic support. How to play it?While XTZ has disappointed many because it hasn't broken out of this range, it's still been VERY profitable for anyone who traded it. XTZ is currently at a solid support level. I personally entered a long position at 25k sats, a bit premature but I am ready to exit. According to the previous XTZ price pattern, I expect at least 20% up to 47% BTC gains in the upcoming 7-15 days. LONG CASE: Buy @ 25k - 27k sats. TP1 @ 31k sats. TP2 @ 36k sats. SL @ 1D close below 24k sats. SHORT CASE: Sell @ 24k-23.3k TP1 @21k sats. I will post more updates this week on the BINANCE:XTZBTC pair. Feel free to challenge my TA in the comments, the best way to learn is through discussion!
by BlackbirdCrypto
Why Tezo's could explode to the upsideIf we look at the XTZ/BTC chart we can see that Tezo's is forming a MASSIVE multi time frame flag on the cross. If this midterm support level in the XTZ/BTC cross does hold. We are due for a MASSIVE upside break in Tezo's. You can see in the past where Tezo's usually consolidates before a move up. We have seen a ton of coins popping off for moves. ATOM, LINK, etc... Tezo's seems to be the next on the list. The XTZ/USD chart also looks very good. We are at a massive support zone that has been confirmed a few times. If this level does indeed hold, it will catapult it much higher. Once the XTZ/BTC cross start's breaking to the upside, we will everything rocket higher. Targets. If we measure the breadth of the Tezo's move it gives us a .0006 target on the cross. If USD really gets going I would imagine our earlier $5-$6 target get's hit easily. With the possibility of $10 if things really start going like atom or link. Things could get interesting, -sherem
Long
by Sherem
5