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shayanrez
Aug 26, 2020 3:33 PM

XTZ back to breakout zone  

Tezos / TetherUSBinance

Description

after such huge drop from 4.4$ zone I'm still bullish on XTZ
price holding support zone and trend-line strong if BTC keep support on 11K and doesn't fall quickly I think price can rise from here again
we can wick down below but until we close below this support zone I'm bullish
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condition for change
if price fall below this important structure then this whole support turns resistance again and we can drop to next support zone around 2.3$

Comment


on 4H price action looks bearish after a head and shoulder we are in a shot term down trend and if we break the last lower low we can flip bearish here
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