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wh1te_r0se
Jun 6, 2020 4:00 AM

XTZ USD  Long

Tezos / United States DollarCoinbase

Description

XTZ looking like it will have a 5% rebound to $3.05 the with a likely continued push to $3.30.

Both price and RSI are respecting ascending triangles both pointing towards end of June. For RSI, end of June is a confluence of RSI trends and support/resistance.

XTZ price is ranging within an ascending triangle and bouncing off Fibonacci levels on a short-term retracement and a longer term retracement.

However, all of this could be in question given that BTC seems to be testing highs. We all know that if BTC falls, alts typically follow.
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