As we can see on the volume of the chart, the XTZ market went to a bearish trend until the last big red candle that was a good opportunity for price hunters to enter the market again.
As the bitcoin market starts new top-level and in following that the altcoin market starts to see green days, we can expect Tezos lovers back to the HODL and start buying and pomp the price. the price is in a good support area but there is possible to lose it and settle down on the bottom support level.
According to the cup and handle pattern and daily chart, it is an unfinished handle of the cup :D
No, I'm serious.
In my opinion, it good time to enter in XTZ:USD market, but if the price loses its strength, the second scenario will start and can enter again in the last support area.
what do you thinking about that?
As the bitcoin market starts new top-level and in following that the altcoin market starts to see green days, we can expect Tezos lovers back to the HODL and start buying and pomp the price. the price is in a good support area but there is possible to lose it and settle down on the bottom support level.
According to the cup and handle pattern and daily chart, it is an unfinished handle of the cup :D
No, I'm serious.
In my opinion, it good time to enter in XTZ:USD market, but if the price loses its strength, the second scenario will start and can enter again in the last support area.
what do you thinking about that?