Tezos (XTZBTC) is being added to Binance so is gaining lots of interest... Let's take a look at the chart and see what is happening.
Tezos (XTZBTC) Chart Analysis by Alan Masters
First let's call our attention to yesterday's candlestick:
We can see that it moved down just to quickly go back up and close above EMA10 and EMA50 on high volume. This is a strong bullish signal.
This candle can signal that the market wants to go up as it closed bullish/green.
The MACD is now on the bullish side showing plenty of room available for growth.
Trading volume has increased massively after a new all-time low was hit on late June.
The RSI is strong and ready to move higher.
Tezos (XTZBTC) can easily grow with this chart setup... Will the Binance add push prices higher?
Normally it is the other way around... But with this setup, we are open to seeing Tezos go up.
Remember that this is not a piece of trade advice and you must always have a plan, a strategy, if you decide to buy any cryptocurrency coin.
Namaste.
Tezos (XTZBTC) Chart Analysis by Alan Masters
First let's call our attention to yesterday's candlestick:
We can see that it moved down just to quickly go back up and close above EMA10 and EMA50 on high volume. This is a strong bullish signal.
This candle can signal that the market wants to go up as it closed bullish/green.
The MACD is now on the bullish side showing plenty of room available for growth.
Trading volume has increased massively after a new all-time low was hit on late June.
The RSI is strong and ready to move higher.
Tezos (XTZBTC) can easily grow with this chart setup... Will the Binance add push prices higher?
Normally it is the other way around... But with this setup, we are open to seeing Tezos go up.
Remember that this is not a piece of trade advice and you must always have a plan, a strategy, if you decide to buy any cryptocurrency coin.
Namaste.
Kommentera:
An updated view of the chart:
🔝 100,000+ Altcoins & Bitcoin Charts!
t.me/alansantana1111
🚨 Free PREMIUM Trade-Numbers
alansantanatrades.com
➖ If you now enjoy the content, please consider support below...
👉 lamatrades.com (Since 2017)
t.me/alansantana1111
🚨 Free PREMIUM Trade-Numbers
alansantanatrades.com
➖ If you now enjoy the content, please consider support below...
👉 lamatrades.com (Since 2017)
On the other exchanges XTZBTC remains above resistance, can easily move higher. If support is broken (red trendline) then it can go lower, but it looks bullish right now above EMA10.