TEZOS (XTZUSD)- LONG IDEA
Tezos has broke into our Buy Zone Area off the Daily Timeframe we are now looking for low prices to Buy up towards our Daily Target of 4.3566.
We have established an up trend/channel and looking to buy the counter trend break towards our Target 4.3566.
Path 1 : If the channel holds then we could see the Market reversing off that support trendline towards our Target of 4.3566 .
Path 2: If the trendline fails we have seen a strong Support Level below the trendline which could start the reversal to the upside towards our Target of 4.3566 .
Take Profit : 4.3566
Stop Loss : 2.3736
Tezos has broke into our Buy Zone Area off the Daily Timeframe we are now looking for low prices to Buy up towards our Daily Target of 4.3566.
We have established an up trend/channel and looking to buy the counter trend break towards our Target 4.3566.
Path 1 : If the channel holds then we could see the Market reversing off that support trendline towards our Target of 4.3566 .
Path 2: If the trendline fails we have seen a strong Support Level below the trendline which could start the reversal to the upside towards our Target of 4.3566 .
Take Profit : 4.3566
Stop Loss : 2.3736