Tezos / BitcoinLong
XTZ bounce expected
XTZ has reached a major support level of 1700 sats and the VPVR also shows considerable buying interest at these levels.
We can also see that on the 4 hour time frame the RSI is slowly reversing even though the price is going down which is hinting at a reversal.
This can be corroborated with the Accumulation/Distribution indicator which shows positive signs of accumulation.
Note. This is not financial advise. Please do your own research
We can also see that on the 4 hour time frame the RSI is slowly reversing even though the price is going down which is hinting at a reversal.
This can be corroborated with the Accumulation/Distribution indicator which shows positive signs of accumulation.
Note. This is not financial advise. Please do your own research
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.