$XTZ #XTZ 🚀
Direction: LONG
Entry zone: 0.238 to 0.242
Stop loss: 0.232
Target 1: 0.245
Target 2: 0.250
Tezos is trading near 0.240 dollars, up 1.46 percent in 24 hours, inside a range of 0.2325 to 0.2439 dollars, and the recent closes show buyers holding the level steady, 0.241, then 0.242, then 0.242, then 0.240, then 0.240. 🟢 My reading is that XTZ is the quiet strength in a red market, because it rose 1.46 percent while Bitcoin fell 4.10 percent in 24 hours, and five flat closes around 0.240 dollars show buyers defending this level every time sellers test it. A long from the current zone, with a stop below 0.232, targets 0.245 first and then 0.250 if buyers break the range high. A drop below the stop kills the idea without debate.
Futures trading is risky. Trade small, use a stop loss, and do your own research. This is my reading, not a guaranteed signal.
Does XTZ break 0.245 first, or lose 0.232 first? 🤔
Follow for more trades.
#Tezos #Crypto #FuturesTrading #TradingSignals
Direction: LONG
Entry zone: 0.238 to 0.242
Stop loss: 0.232
Target 1: 0.245
Target 2: 0.250
Tezos is trading near 0.240 dollars, up 1.46 percent in 24 hours, inside a range of 0.2325 to 0.2439 dollars, and the recent closes show buyers holding the level steady, 0.241, then 0.242, then 0.242, then 0.240, then 0.240. 🟢 My reading is that XTZ is the quiet strength in a red market, because it rose 1.46 percent while Bitcoin fell 4.10 percent in 24 hours, and five flat closes around 0.240 dollars show buyers defending this level every time sellers test it. A long from the current zone, with a stop below 0.232, targets 0.245 first and then 0.250 if buyers break the range high. A drop below the stop kills the idea without debate.
Futures trading is risky. Trade small, use a stop loss, and do your own research. This is my reading, not a guaranteed signal.
Does XTZ break 0.245 first, or lose 0.232 first? 🤔
Follow for more trades.
#Tezos #Crypto #FuturesTrading #TradingSignals
