Tezos / BitcoinLong
XTZ HUGE BULL POTENTIAL
BE CAREFUL WITH THIS PAIR SINCE IT HAS HUGE UPSIDE POTENTIAL!
IF BTC PRICE DOES NOT MAKE SHARP DOWNWARD MOVEMENT AND BTC DOMINANCE KEEP GOING DOWN, WE COULD EXPECT SOME MONEY TO GO FROM DOGE TO OTHER ALTCOINS.
ONE OF THEM IS XTZ.
IF PRICE CAN CLOSE ABOVE 1196 SAT NEXT TARGET IS 1327 SAT.
AFTER THAT IT IS REALLY ABOUT VOLUME OF BUYERS.
IF THIS PAIR HAS ENOUGH VOLUME IT CAN GO AS MUCH AS 3862 SAT AREA.
ON THE DOWNSIDE 872 SAT AREA SHOULD OFFER HUGE SUPPORT BUT I PUT MY STOP LOSS @ 1050 AREA SINCE IT IS MIDDLE LINE ( 20 MA) OF BOLINGER BAND.
I WOULD EXPECT A "W" MOVE FROM THIS PAIR ON BB WHICH MEANS PRICE CAN BOUNCE AROUND THIS AREA FOR SOME TIME BEFORE BREAKING UP.
BE COOL WITH YOUR MONEY AT THIS KIND OF TIMES SINCE MARKET IS SHADY.
IF BTC PRICE DOES NOT MAKE SHARP DOWNWARD MOVEMENT AND BTC DOMINANCE KEEP GOING DOWN, WE COULD EXPECT SOME MONEY TO GO FROM DOGE TO OTHER ALTCOINS.
ONE OF THEM IS XTZ.
IF PRICE CAN CLOSE ABOVE 1196 SAT NEXT TARGET IS 1327 SAT.
AFTER THAT IT IS REALLY ABOUT VOLUME OF BUYERS.
IF THIS PAIR HAS ENOUGH VOLUME IT CAN GO AS MUCH AS 3862 SAT AREA.
ON THE DOWNSIDE 872 SAT AREA SHOULD OFFER HUGE SUPPORT BUT I PUT MY STOP LOSS @ 1050 AREA SINCE IT IS MIDDLE LINE ( 20 MA) OF BOLINGER BAND.
I WOULD EXPECT A "W" MOVE FROM THIS PAIR ON BB WHICH MEANS PRICE CAN BOUNCE AROUND THIS AREA FOR SOME TIME BEFORE BREAKING UP.
BE COOL WITH YOUR MONEY AT THIS KIND OF TIMES SINCE MARKET IS SHADY.
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