Tezos / TetherUS
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🔥 XTZ Climax Top Likely In: High Volume Reversal Candle

XTZ has seen the most volume traded today since December 2021. This, combined with a reversal candle on the daily chart, makes me believe that today was a so called "climax top".

In my view, XTZ has most likely topped for now. I'm looking for a move back towards the $1 level.

However, if BTC can manage to see some gains in the near future, we might reverse before $1. Volume like this sets off alarm bells, so I'm waiting for $1.
Not
Correctly predicted the climax candle. Not sure if we're actually going to reach $1, but I'm still not interested in buying.
Not
$1 hit, and reversed sharply!

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.