One of the best mid cap coin which is still too much underrated is xtz, Last season in bull rally this gave sudden spikes and in not time reached the peak. Right now sitting at bottom and it should be a must have in your long term portfolio.
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (3.130).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. XTZUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic...
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (4.629).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. XTZUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic...
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...
XTZ can breakout of the triangle. Good entry on retest.
All depends on BTC for it to play out. For now BTC looks Bullish so XTZ should breakout successfully.
NOT FINANCIAL ADVICE
Non financial advice. But this is expected because Tezos has good blockchain features and security than others. And Tezos is also backend bull and bear buys. So chances are higher for XTZ to be $10-$12 by 14-16 October.
BINANCE
