2 weeks ago we projected a potential 14% drop for Tezos. That exact target was reached 14 days later.
As of today, momentum is still negative although price may establish support at this level.
XTZUSD will need to climb 9% to get back above the downward trendline to show positive momentum.
Although 1-day MACD is pushing up, 2-day and 3-day time-frames show downwards pressure.
So Team Sparkster are currently neutral on Tezos.
As of today, momentum is still negative although price may establish support at this level.
XTZUSD will need to climb 9% to get back above the downward trendline to show positive momentum.
Although 1-day MACD is pushing up, 2-day and 3-day time-frames show downwards pressure.
So Team Sparkster are currently neutral on Tezos.
Note
Well how about that. XTZ jumped above resistance and is now finding support against the trendlineNote
With a very nice continuation
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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.