Tezos had a nice run over the past week but is still in a general downtrend and currently reaching a tough resistance area, which coincides with:
- 0.5 FIB level
- 50 EMA
- Low volume compared to the last big run in sep/21. This makes me confident in that we are more likely to see a move down.
Waiting for confirmation on the lower timeframes before entering
- 0.5 FIB level
- 50 EMA
- Low volume compared to the last big run in sep/21. This makes me confident in that we are more likely to see a move down.
Waiting for confirmation on the lower timeframes before entering
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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.