XTZ seems very bullish to me at the moment on the daily: - it posted the third big green candle (three white soliders) with RSI rising, which concludes the downtrend from the flag of the bull flag - bull flag pattern seems confirmed to me (brakeout three days ago) - EMA 100 crossing EMA 200, EMA 50 already above both, all pointing upwards
I see following possible targets in the next few days TP1: 19680 sats TP2: 24110 sats TP3: 25710 sats
What makes TZS especially interesting in this setup: It could break 25710 sats with respective volume. With this we could see a breakout of the overall falling wedge (started back in June 2018). This breakout may lead to an additional rise of ~250%.
Of course, this is just my opinion and observeration. I would be very interested in any kind of feedback.
@cash_gold, thank you for the comment! I am still bullish on XTZ. The recent BTC volaility smacked allmost all altcoins but for me XTZ stayed so far quite strong: On the daily the EMAs still point upwards, MACD maybe turning green again today. On the weekly it looks even better to me. What's your opinion on XTZ?