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Tezos / Bitcoin
Long

XTZ/BTC

By Wolf_Of_Alt_Street
Updated
In weekly time-frame we can observe the price fell from ATH breaking all the support zone and is currently forming a proper DOUBLE BOTTOM (W- pattern). From here on, there are possibly two scenarios that can take place, first the price surges from here following the W pattern to the upside (Lvls mentioned in green) and second after reaching the highlighted area in ORANGE it bounces/retraces back to the Support Zone and possibly make a TRIPLE BOTTOM pattern and then continue the upside move.

For educational purposes only (DYOR).

XTZBTC
Trade active
Target 1 Achieved.
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Target 2 done.
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Target 3 done
Beyond Technical AnalysisBitcoin (Cryptocurrency)Chart PatternsCryptocurrencytechnialanalysisTrend AnalysisxtzXTZBTC
Wolf_Of_Alt_Street
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