XTZ has reached a major support level of 1700 sats and the VPVR also shows considerable buying interest at these levels. We can also see that on the 4 hour time frame the RSI is slowly reversing even though the price is going down which is hinting at a reversal. This can be corroborated with the Accumulation/Distribution indicator which shows positive signs of...
On Nov 1st I published the idea of Tezos / US Dollar and it produced more than 121% and below was the idea: Now the price action of World's 10th ranked largest cryptocurrency out of more than 2300 cryptocurrencies Tezos (XTZ) has formed bullish Cypher pattern and entered in potential reversal zone and ready to take bullish reversal soon at any time. This...
Strong regression trend (~0.82) as seen on chart, care when attempting to pick top and likewise bottoms. Overall looks very bullish.
$XTZ Weekly Currently testing the mid range, if this is bullish we should see a weekly close above the 0.5 level and I'd anticipate us testing T1/T2 next. If I weren't in position, I would wait for a strong weekly close above green; longing from here wouldn't make sense until some confirmation.