XTZUSDT | Key Resistance Zones IdentifiedXTZUSDT is currently testing critical resistance areas—specifically, the blue boxes are proving to be strong resistance levels. This isn’t happenstance; these zones have been carefully identified and have historically served as barriers where sellers dominate.
Key Observations
• Strong Resistance:
TradeCityPro | XTZ: Assessing Tezos' Layer 1 Market Dynamics👋 Welcome to TradeCityPro!
In this analysis, I want to review XTZ for you. This coin is one of the layer 1 cryptos with a market cap of $714 million, ranking 78th on Coin Market Cap.
📅 Daily Timeframe
We are observing a downward trend that began after breaking $1.2 and has continued without an
XTZ poised to go back up soonXTZ is in a bullish descending wedge pattern and has retraced completely from the Nov 24 pump. The bullish descending wedge pattern is nearly complete. It will soon ether break down below its support of around 0.60 or will rebound. I think it will rebound.
Of course this depends on the broader mark
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.