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.
@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.