Tezos on the BTC pair seems to be forming The Livermore Accumulation Cylinder with Widening Mouth.
If it continues to follow the pattern it should lead to expansion in the next phase.
So a lot of things are showing that our tezos is in a downtrend MACD struggling to cross .050 line since 26 October , 20 SMA always pushing the value of XTZ downwards and top it trendline is created in 4h candle chart pattern.
The next move we can expect from tezos when it breaks the trendline.
The big support is from 4 - 3.4 $
Also don't forget to watch BTC...
Completed its capitulation cycle.
Volume and VPVR showing bullish momentum in D1 TF
I am buying here heavily b/w 700- 850 sats will hold for a quarter for 300% run
Investment is the key and investing right matters
Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.0000855).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. Tezos/Bitcoinis in a uptrend and the continuation of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic...
