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Tezos (XTZ) - August 11

BINANCE:XTZUSDT   Tezos / TetherUS
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It is breaking through the uptrend line (3) and the point of 3.96.

You need to see if you can get support at the uptrend line (3).

If we can get support at 3.5378 after the fall in this RSI 70 section, we think there is a chance that there will be a further upside to touch the 5.11 point.

If the price is maintained in the high section above the 2.8886 point, there is a possibility that the New High will continue to be updated.

We do not recommend new investments as we think it is one of the coins that requires careful trading.

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** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.

Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop-Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment

(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment trading. You should trade from a short-term investment perspective.)

[Example of exchange chart setup]

(Binance)
www.tradingview.com/x/S94aDxa8

(Upbit)
www.tradingview.com/x/DF6cGh3G/
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