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XTZUSD H2: Detailed trade plan BULLS/BEARS (SL/TP)(NEW)

לונג
COINBASE:XTZUSD   Tezos
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XTZUSD H2: Detailed trade plan BULLS/BEARS (SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.


🔸 Summary and potential trade setup
::: XTZUSD 2hour/candle chart review/outlook
::: currently we are range locked
::: mid-term also BEAR MODE
::: ongoing distribution / stuck in range
::: bulls unable to break the current range
::: spells more trouble mid-term
::: 2.75 range highs / 2.40 range lows
::: shorting near range highs makes sense
::: BEARS should get ready to SHORT HIGH
::: we are setting up for another correction
::: final TP bears is near 2.10 (20%+ correction)
::: recommended strategy: SHORT IT 2.75/2.80
::: TP BEARS is 2.10
::: higher risk strategy: BUY LOW 2.35/2.40
::: TP BULLS is 2.75 which is 15% gains
::: SWING trade setup / no fast gains here
::: SHORT/HOLD / do not expect miracle gains
::: SL is 5% max
::: good luck traders!
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9/Combo update: N/A
::: Sentiment mid-term: BEARS/CORRECTION
::: Sentiment outlook short-term: RANGE/MIXED

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