TezosShort
XTZUSD - got some work to do
Previous posts have me bullish and I still am, long term, but I'm not liking this setup.
Lost the uptrend and not making a move up tells me we test lower support areas. $2.60 - $2.68 is strong resistance that we should have broken by now if we're going to continue upwards.
I just don't think XTZ is going down, I think the whole crypto market is going to take a hit until we reach October.
Looking at support areas below for a bounce, $2.16 or $1.77, depending how low BTC goes.
not trading advice.
thoughts/comments?
TG
Lost the uptrend and not making a move up tells me we test lower support areas. $2.60 - $2.68 is strong resistance that we should have broken by now if we're going to continue upwards.
I just don't think XTZ is going down, I think the whole crypto market is going to take a hit until we reach October.
Looking at support areas below for a bounce, $2.16 or $1.77, depending how low BTC goes.
not trading advice.
thoughts/comments?
TG
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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.