Long
Updated

XZCBTC Long Opportunity

765
Stochastic RSI Shows oversold

Very good project, Znodes coming

Williams signaled bottom

Double bottom formation on hourly

Risk:Reward 5+

Stop loss at 0.0025 sats
TP 1 at 0.00493 sats
TP 2 at 0.00696 sats

Good long term hold too
Note
sitting on hard resistance turned support, tested 7+ times
Note
seller exhaustion nearing, we'll see what happens
Trade active
first green candle, bounced off support
Note
target 1 hit
Note
Target 2 hit
Note
setting target 2 resistance / swing high as support, looking for entry here

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.