XTZ/USDT - Tezos: Resistance_Breakout_Confirmation◳◱ A Resistance Breakout and Confirmation has been detected on the CRYPTOCAP:XTZ / CRYPTOCAP:USDT chart. The price has broken above a key resistance level and has been confirmed by a strong candle, indicating a potential bullish trend. The next resistance key levels are located at 0.78 | 0.842 | 0.943, and the major support zones can be found at 0.679 | 0.64 | 0.539. Consider entering a trade at the current price zone of 0.791 and targeting higher levels.
◰◲ General info :
▣ Name: Tezos
▣ Rank: 59
▣ Exchanges: Binance, Kucoin, Bybit, Huobipro, Gateio, Poloniex
▣ Category/Sector: Infrastructure - Smart Contract Platforms
▣ Overview: Tezos is a multi-purpose blockchain which aims to combine a self-amending protocol and on-chain governance to manage future changes and implementations to the network. It supports the creation of new tokens and smart contracts (thus decentralized applications or dApps). The on-chain governance system enables token holders to make decisions together and improve the network over time, as opposed to the less-inclusive off-chain governance models used by Bitcoin and Ethereum.
◰◲ Technical Metrics :
▣ Mrkt Price: 0.791 ₮
▣ 24HVol: 2,645,932.962 ₮
▣ 24H Chng: 4.216%
▣ 7-Days Chng: 9.34%
▣ 1-Month Chng: -11.91%
▣ 3-Months Chng: -30.21%
◲◰ Pivot Points - Levels :
◥ Resistance: 0.78 | 0.842 | 0.943
◢ Support: 0.679 | 0.64 | 0.539
◱◳ Indicators recommendation :
▣ Oscillators: SELL
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : BUY
◲◰ Sharpe Ratios :
▣ Last 30D: -3.31
▣ Last 90D: -2.83
▣ Last 1-Y: -0.49
▣ Last 3-Y: 0.18
◲◰ Volatility :
▣ Last 30D: 0.55
▣ Last 90D: 0.49
▣ Last 1-Y: 0.75
▣ Last 3-Y: 1.13
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.62 - Bullish
▣ Reddit sentiment score is 0.76 - V. Bullish
▣ In-depth XTZUSDT technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
▣ Welcome to the home of charting big: TradingView
Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30.
Discover it here - affiliate link -