XTZ (Y20.P3.E1).Macro.Back on track
Updated
Hi All,
Looking at the MACRO level for tezos, it seems its regained its macro uptrend level.
I haven't looked at it for a long time, now looking at it, its done a beautiful inverted BARR structure.
I do have XTZ on the day with a slight downward tone, not much so it fits the narrative that it will be in this zone for a while as long as it maintains above this bottom level of this channel for the coming days.
For the short term, I don't see it going up much, just sideways.
However lets revisit it a few days from now and see how its tracking as its a good performing crypto.
Note: I have two targets in amber, but how soon, I need to see another 24 to 48 hrs to gage what's going on with BTC in the short term.
Cheers,
S.Sari
Ref: A.Charts
12 HRLY chart shows indicators with hidden bullish divergence and hence gaining momentum
Monthly (left) and Weekly (right) charts>
Demonstrating that we are just above the main resistance but if can have the weekly candle close above the previous undecided red candle, spinning top? then its xtz season.
If it can't and we go down the strong support of 1.8 to 2.2 range.
Looking at the MACRO level for tezos, it seems its regained its macro uptrend level.
I haven't looked at it for a long time, now looking at it, its done a beautiful inverted BARR structure.
I do have XTZ on the day with a slight downward tone, not much so it fits the narrative that it will be in this zone for a while as long as it maintains above this bottom level of this channel for the coming days.
For the short term, I don't see it going up much, just sideways.
However lets revisit it a few days from now and see how its tracking as its a good performing crypto.
Note: I have two targets in amber, but how soon, I need to see another 24 to 48 hrs to gage what's going on with BTC in the short term.
Cheers,
S.Sari
Ref: A.Charts
12 HRLY chart shows indicators with hidden bullish divergence and hence gaining momentum
Monthly (left) and Weekly (right) charts>
Demonstrating that we are just above the main resistance but if can have the weekly candle close above the previous undecided red candle, spinning top? then its xtz season.
If it can't and we go down the strong support of 1.8 to 2.2 range.
Note
Just an update, this accumulation area is reflective of BTC as well.I might not get the pattern right but the area has confluence.
Note
time for XTZOrder cancelled
Its taken a bad turn. Hence not interested for the time being
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This community has signals now but with no risk management comms.
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