A flag that measures to $0.91c...which should create another flag that will measure to $1.03.....and the 2/1 Gann angle (Green) it touches that at $1.13. I think Tezos hits $1.13 before month is out.
Tezos fundamentals are looking strong as it breaks out bullish from a long weekly EQ pattern. Major Bullish RSI divergence. Increased accumulation volume. First on-chain protocol upgrade almost complete via formal verification!
If you understand 3rd Generation blockchain tech, you may want to start building a position w/ XTZ at these prices:)
#XTZ $xtz/usd #tezos
Range .35 - .56
support test at mean ~ .45
low volume
btc macro trend uncertain
VOL ATR - SHORT
RSI indicating positive momentum
next resistance up .56 and then 1.2
support at .35 and .31
long term long
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$XTZ - Tezos XTZ/USD Daily neutral
PA price range .35 - .56
Bottom support .35 and .31 (ATL) - trading below ICO price @ .47
up trend confirmation = daily close above mean test at ~ .45 and price follows trend line to .56
RSI and MACD neutral
Low volume
How to play XTZ Breakout. Use the lower red line as Stop loss and buy at the upper red line. You could also take some profits around the 55 cent region just to be safe.
Tezos’ fall has presented itself in a fan formation and looks to be securely in the top half at the moment.
Considering the high stochastic RSI value and recent bounce off of the top resistance of the fan, it is likely that XTZ is in for a further spill, possibly for another test of the midline support in the neighborhood of $0.35 to $0.37.
The short-term trade...
I am waiting rise Tezos within 2-3 week
Tezos (#18 in cmc) has not been listed on big exchanges.
Next vote binance i suppose will be include tezos.
No TA just excpectation of big listing
