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Tezos (XTZ) Update | 4H & Daily Timeframes
Tezos / Bitcoin
Long
Tezos (XTZ) Update | 4H & Daily Timeframes
By AlanSantana
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Mar 17, 2021
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Mar 17, 2021
Here is a quick update for Tezos (XTZBTC) since I know many people are following.
The first trade idea in this series, we mentioned the bullish potential.
The second trade idea, we mentioned that everything was good, we simply wait patiently for the chart setup to develop.
In today's trade idea, we can see prices moving above EMA50 on the 4H timeframe:
This is great news and supports our bullish bias.
On the daily (D) timeframe, we can see prices moving above EMA10 with bullish indicators.
This is also positive, but still too early, the volume is low, this signal still needs strength.
We call for more patience and we wait.
Thanks a lot for reading.
Namaste.
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