What's up Guys , in this analysis I gonna talk about TEZOS!
As we see on the WEEKLY timeframe for XTZ/USDT ,since it has reached highest price $9.171 ,
it hasn't successful to rise again and record a new ATH ,now by retracement of last bullish wave ,it recently reached
to 0.236 fibo level , after its recent downfall tried to close above pivot zone but the selling
pressure pulled it back below this range which is now a resistance zone , but its still above
its strong support zone and can have a growth to higher resistance levels and even top ascending trend line .
but otherwise in view point of price action, if it not be able to maintain current support level and trendline ,
it maybe drop again to lower support area . in another case maybe being in side way for while ,
and fluctuate between higher and lower volume ranges zone .
🛑resistance level: $6.42 -$6.7/// 5.2$-5.55$///trenline
🆚pivot zone: $4.2-4.4$
❇️support levels: $2.8-3.2$///$2-$2.18///$1.456///trenline
--------------------------------------------------------------------------------------------------------------------
👉This analysis is my personal opinion ,not a financial advice ,so do your own research.
💜 if you're a fan of my analyses PLZ follow me and give a big thumbs 👍 OR drop comment 🗯💭
As we see on the WEEKLY timeframe for XTZ/USDT ,since it has reached highest price $9.171 ,
it hasn't successful to rise again and record a new ATH ,now by retracement of last bullish wave ,it recently reached
to 0.236 fibo level , after its recent downfall tried to close above pivot zone but the selling
pressure pulled it back below this range which is now a resistance zone , but its still above
its strong support zone and can have a growth to higher resistance levels and even top ascending trend line .
but otherwise in view point of price action, if it not be able to maintain current support level and trendline ,
it maybe drop again to lower support area . in another case maybe being in side way for while ,
and fluctuate between higher and lower volume ranges zone .
🛑resistance level: $6.42 -$6.7/// 5.2$-5.55$///trenline
🆚pivot zone: $4.2-4.4$
❇️support levels: $2.8-3.2$///$2-$2.18///$1.456///trenline
--------------------------------------------------------------------------------------------------------------------
👉This analysis is my personal opinion ,not a financial advice ,so do your own research.
💜 if you're a fan of my analyses PLZ follow me and give a big thumbs 👍 OR drop comment 🗯💭
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Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.