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omeatai
Sep 29, 2020 9:56 AM

XTZUSDT, ACCENDING TRIANGULAR CHANNEL FORMED... Long

Tezos / TetherUSBinance

Description

IF XTZUSDT CAN BREAK ABOVE THE DIAGONAL RESISTANCE THEN IT MAY BE SUPPORTED BY THE FIB RING AND FAN AND HEADING UP TO THE NEXT RESISTANCE POINT 2.7xxx, ELSE IT MAY GO DOWN TO 2.0-2.2 FOR A RETEST CONFIRMATION OF STRONG SUPPORT! TRADE CAREFULLY!

Comment

Gone below the Ring which looks bearish towards 1.9-2.0 support, but Bulls are fighting hard to take it above the diagonal resistance lines, if not it is heading down to 1.9-2.0
Comments
bestfarbit74
down trend may not done yet
omeatai
@bestfarbit74, That's a possibility since it's not yet broken above the diagonal lines, but I think a bull pump is coming soon!
bestfarbit74
@omeatai, hope so (:
InkyGrip
Very detailed analysis! Thumbsup! 👍🏻🦐
omeatai
@plancton0618, Thanks!
PolarHusk
ThanksForSharing
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