XTZ.USD (Y20.P3.E1).Dont forget Tezos
Updated
Hi All,
Tezos is beginning to show some signs of strength.
Recently it has broken a key level and if it can hold, this pattern will likely play part of a much larger movement.
This will be new territory for all time highs, just like Link and hence it will be difficult to forecast beyond here.
If I was to guess, $4.25 is the target for this Elliot impulse to point (1) at the macro level.
Observations:
Note key levels of resistance and support on the daily and short time frames are clear;
2Day chart> bullish momentum still to the upside as per Phoeix indicator.
Daily Chart > Bearish div, potential pullback;
4 HRLY Chart > Have 2 targets, difficult to say for the short term.
XTZ.BTC daily chart
Please give me a like or tick for this post.
Regards,
S.Sari
Tezos is beginning to show some signs of strength.
Recently it has broken a key level and if it can hold, this pattern will likely play part of a much larger movement.
This will be new territory for all time highs, just like Link and hence it will be difficult to forecast beyond here.
If I was to guess, $4.25 is the target for this Elliot impulse to point (1) at the macro level.
Observations:
Note key levels of resistance and support on the daily and short time frames are clear;
2Day chart> bullish momentum still to the upside as per Phoeix indicator.
Daily Chart > Bearish div, potential pullback;
4 HRLY Chart > Have 2 targets, difficult to say for the short term.
XTZ.BTC daily chart
Please give me a like or tick for this post.
Regards,
S.Sari
Note
Close up, lets see if this holds at the critical levelNote
Note
Note
weekly chart and potential move, LINK fractalNote
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This community has signals now but with no risk management comms.
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