entertheroach

Tezos - 6hr is one to watch

Long
BINANCE:XTZUSD   Tezos
Tezos is one to watch for a potential breakout. XTZ has a Symmetrical Triangle on the 6hr Chart with support from its Conversion Line (Tenkan Sen) and its Bollinger Bands Middle Band Basis. The RSI is indicating Sideways Momentum at around 56 indicating XTZ could potentially move much higher before hitting the overbought range. The MACD is also indicating we may get a MACD Line (Blue Line) cross back over the Signal Line (Red Line) which would indicate renewed upwards bullish momentum. Overall Volume is increasing slightly so we will have to wait to see if this 6hr candle closes in the green. Definitely one to watch. I hope this is helpful. Good Luck 🙏
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