XTZ TEZOS Broke out & retested blue support zone
XTZ have a sideways to downward bias after having rose already 21% from yellow support zone at 3.87.
XTZ bounced off yellow zone & blue zone which it is trying hard to hold.
Right now it is encountering 2 downtrending lines generating selling pressure. Breaking above these 2 trendlines may signal wave 4 bottom & start of final wave 5.
If BTC moves, Altcoins will soon follow its direction.
XTZ bounced off yellow zone & blue zone which it is trying hard to hold.
Right now it is encountering 2 downtrending lines generating selling pressure. Breaking above these 2 trendlines may signal wave 4 bottom & start of final wave 5.
If BTC moves, Altcoins will soon follow its direction.
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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.