XTZ is in a Rising Wedge Pattern. This is Of course a bearish Pattern which means we Should Expect the Price to Reach Lower Levels Even From Now! The Price can Decrease and It Should be Clear To you That No Break Out Has Happened yet So It is not Safe to Take Short Position (For Now!) There is also a Regular Bullish Divergence (-RD) on MACD which Strengthen The Idea Of Tezos Being Bearish! The Expected Target and Support Point Right now Is around 1.600$
-XTZ is in a Rising Wedge Pattern -No break out yet -(-RD) on MACD -Expected Price and Support Point 1.6$
Nice Idea, Have the same perspective with your outlook
Solldy
⋅
A good entry point for profitable trading. But the alternative scenario is unclear. What is the clear expectation plan?
Kaloian
⋅
yah dont disagree with you but i see you doing some conflicting TAs on the deferent tokens, when the price itself comes from btc, all big moves are the same for all crypto btc up - everything up, btc down-everyone down, at least based on my observations. so if x token is expected to fall by big margin shouldn't we expect to see the trend go the same for btc and most of other tokens?..by the way you are my only sub since your TAs are the most logical and unbiased so this is not criticism but plain discussion