XTZ – Tezos ANALYSIS

Tezos / TetherUS PERPETUAL FUTURES BINANCE:XTZUSDTPERP

DewyCandles

Tezos (XTZ) on 4 hour timeframe formed a Wolfe pattern and it is heading towards it first target of $3.22.

The RSI indicator is also forming a divergence which supports it bullishness.

The support trendline is good for building buy/long position a stop loss below it is advised but not tight to avoid being chased out of the momentum.

You might be interested in …

Trading View March 31, 2022

MOVR KUCOIN

MOVR KUCOIN Moonriver / Tether KUCOIN:MOVRUSDT BRICKDORSI – Head & Shoulders on the daily – Stochs, 4hour low, 1hour low, daily high – macd turning up histogram turning light, not sure what to make of […]

Trading View March 3, 2022

1Inch broke down Renko's support level

1Inch broke down Renko's support level 1INCH / TetherUS BINANCE:1INCHUSDT MJShahsavar 1Inch broke down Renko’s support level . the downtrend will continue. The target area is between 0.9 and 1.22 This price range overlaps the […]

Trading View June 3, 2022

Heading to south

Heading to south Bitcoin / TetherUS BINANCE:BTCUSDT Applecoconut Will we see finally after this big rally of BTC the relief rally to the bottom? Or will we continue sideways for a few months? Imo damp […]