TEZOS [XTZ] presenting a good trading set-up

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Tezos is doing great lately, accompanying BTC in its uptrend, but today it is presenting a great pattern on the hourly chart.

As well as per BITCOIN, it is an "Ascending Triangle" but, in addition, there is also a Bullish "Hidden" Divergence on the RSI.

Everything seem to indicate an acceleration on the price action which I think would be upwards...

My target is 2.965 which with a "prudent" leverage can be the trade of the day.

Will see.

@toofasteddie


*Disclaimer: This is just my personal point of view, please, do your own assessment and act consequently. Neither this post nor myself is responsible of any of your profit/losses obtained as a result of this information.

Posted Using LeoFinance



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5 comments
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Tezos is actually almost a third of my portfolio but don't plan on selling it. I hope it will be the next XRP when massive market movements will commence. Wish you a good trade though!
Me... HODLing :))

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It is a good choice for holding actually, not bad, not bad...

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Seems like the uptrend of Bitcoin is helping it pushing up and other alths price

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I am holding some as well.
I like their baking ability to earn more.
#xtz has potential and it is a dpos token as well.

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