1. crossing above =
2. Currently sitting above the 12-period , retesting this 12-period as support which the price can bounce off of.
3. This price has currently bounced off the golden pocket 61.8% fib level as support
4. and had a last week.
5. We are in an upward trend - higher lows and higher highs
6. is looking strong
I am looking for a retest of the of 61.8% fib level OR the very least 12-period and if this holds, I will enter a position.
There is resistance at $2.85 price level so we may have to wait and see how the price reacts to this.
Chainlink(LINK) has exploded these last few weeks and I do believe Tezos(XTZ) can follow a similar spike pattern, but this is an irrelevant observation.