Tezos (XTZ) - August 4

Hello?
Dear Traders, Nice to meet you.

"Like" is a great power for me.
By "following" you can always get new information quickly.
Thank you for always supporting.

-------------------------------------------------- -----

It is rising at the 2.8886 key point.

In order to continue the upward trend, we need to see if we can rise above the downward trend line (4).

If you stray from the 2.557-3.1 section, you are expected to create a new wave.

Short-term Stop Loss when deviating from various trend lines.

-------------------------------------------------- -------------------------------------------

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

Description of abbreviations shown in chart
R: Resistance point or section, where a countermeasure is needed to preserve revenue.
S-L: Stop-Loss point or section
S: A point or section that can be purchased for profit generation as a support point or section

Comment:

To see the overall chart of XTZ, we used the chart of HitBTC exchange.
(XTZUSD 1W chart)

It is expected to create a new wave as it breaks through the critical point of 3.21136760.
Now it must be absolutely supported at 3.21136760.
It remains to be seen if a new wave will be created by sideways at 3.21136760-4.11994017.
If it breaks through the 4.11994017 point of the volume profile, I think there is a possibility that a big uptrend will be created.