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MillionaireEconomics
Nov 3, 2021 3:08 AM

#XTZ Tezos 1D Chart - Trendline Touch Long

XTZ / DollarBitfinex

Description

XTZ - follow the trend. It seems that we are at the bottom trend line of the Rising Broadening Wedge. Though these are generally bearish patterns, XTZ may have the opportunity to reach the top part of the wedge next. To increase this chance, I noticed hidden bullish divergence on the 1D chart along with consistent market structure with higher lows.

What are your thoughts? Comment below and hit the like please. Thank you!

Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk #bitcoin #altcoins
Comments
suddenDinosaur8570
I'm still a beginner in the cryptocurrency world. I just want to ask if there is any chance to see the XTZ rising again?
I still waiting for one month for the price to get above the 7$ :((
MillionaireEconomics
@suddenDinosaur8570, I would recommend learning to understand charts. From history repeating, a super cycle may come into the crypto markets still which will help all crypto rise. But who knows really. It may come crashing down just the same. I don't give any type of financial advice.
trytofeelpositive
Melanindigenous
I just HODL on XTZ because I noticed on a very small investment the network was paying me literally every other day. So i just threw a couple hundred into my position. It's also maintined a good deal of strength when BTC crashed. I think it's a solid asset fundamentally. But mostly, the fact i'm paid every other day on it is crazy to me.
vangrosh
@Melanindigenous, What do you mean you are paid? Do they have staking? What exchange or do you use your own wallet? Thanks.
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