Lucid_Liquidity

TEZOS DAILY PATTERN AND TREND ANALYSIS

Long
COINBASE:XTZUSD   XTZ/USD
If tezos can break the red trend line I look for 5.50. If not the chart is still bullish and a double top followed by a triple bottom is what I anticipate. All indicators are trending bullish on this one.

Comments

I want Tezos to break the red line and see the breakout but my analysis has a different viewpoint
Reply
@Mudrex, You got to look at the overall bigger picture and TEZOS has printed higher highs and lower highs since mid july. On a MACRO time frame on the montly chart there is a bullish engulfing candle and XTZ is set to close a new all time high on the monthly. That is why I am bullish.
+1 Reply
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