Tezos / TetherUS
Long

XTZ - Long-Term Bullish Reversal!

671
Hello everyone, if you like the idea, do not forget to support with a like and follow.

XTZ is approaching a strong support so we will be looking for buy setups.

on DAILY: XTZ is forming a channel but the upper trendline is not valid yet, so we are waiting for a new swing high to form around it to consider it our trigger swing. (projection in purple)

Trigger => Waiting for that swing to form and then buy after a momentum candle close above it (gray zone)

Meanwhile, until the buy is activated, XTZ would be overall bearish can still trade lower inside the green.

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich

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