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PolarHusk
Sep 24, 2020 5:18 PM

XTZ/BTC (1600 Sat Major Support?) 

Tezos / BitcoinBinance

Description

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💎Technical Analysis Summary💎


BINANCE: XTZBTC


-Tezos is trading inside a descending channel
-The pattern is Bullish if breakout to the upside
-The major support area is at 1600 range
-That zone is tested support twice and saw an upward move
-If XTZ will continue its downtrend, it will likely test this region
-I recommend buying the breakout of the channel to reduce the risk
-Midterm target is up to 2400 sat previous support area



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Comments
Stargazer_fx
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simple and very effective analysis
PolarHusk
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@Stargazer_fx, thanks man!
KlejdiCuni
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Very nice chart! Keep it up.
KaltoireCapital
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Good job. Keep it up
PolarHusk
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@SynergyCapital, tnx!
UnknownUnicorn999651
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Great chart!
PolarHusk
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@Nibiru7, thank you!
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