Tezos is ready for the next run. It has finished the correction cycle and being popular among traders will have a next strong bull run north as we see the resistance turned support 2 months back.
Buy - 1.2
1st target - 1.42 (19%)
2nd target - 1.82 (60%)
Stop - 1.1
On the daily timeframe, we can see that XTZ went as high as $1.16 at the end of March. However, there was not enough fuel to drive the price up, so it corrected and reached the bottom at $0.82, lower than the crucial line of resistance at $1.
Fortunately, the bulls managed to bring Tezos past SMA200 & SMA50 for several times on the hourly, but they are still...