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✳️ Tezos Candlestick Pattern Confirms Bottom (500% Or More)

Join me, let's start with candlestick reading.
Tezos (XTZBTC) Weekly Chart

We have two candles to look at in this chart.
1) Following a strong drop, high bear volume, we get a Hammer (26-June). It produces a lower low compared to early June but the volume is lower and the candlestick closes green. All this combined can be read as a reversal signal.
2) This week we have a full green candle with the highest volume since February and trading above the four previous candles high/close. This candle confirms the reversal signal we got from the hammer.
That's it.
You can also see a young bullish cross on the MACD, with bullish divergence on the histogram turned green:
And the RSI hitting a new All-Time Low.
I don't know if Tezos will increase in price but the chart is saying up.
The potential can vary... Medium-term 300%, long-term much more.
Additional details on the chart.
Namaste.
Tezos (XTZBTC) Weekly Chart
We have two candles to look at in this chart.
1) Following a strong drop, high bear volume, we get a Hammer (26-June). It produces a lower low compared to early June but the volume is lower and the candlestick closes green. All this combined can be read as a reversal signal.
2) This week we have a full green candle with the highest volume since February and trading above the four previous candles high/close. This candle confirms the reversal signal we got from the hammer.
That's it.
You can also see a young bullish cross on the MACD, with bullish divergence on the histogram turned green:
And the RSI hitting a new All-Time Low.
I don't know if Tezos will increase in price but the chart is saying up.
The potential can vary... Medium-term 300%, long-term much more.
Additional details on the chart.
Namaste.
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🚨 FREE PREMIUM Trades + Top Results
t.me/anandatrades/1183
🚨 FREE Quality Content + New Results
(Frequent Discounts & Offers)
t.me/masteranandatrades/6172
🚨 Go beyond! PREMIUM LIFETIME Access
lamatrades.com (Since 2017)
t.me/anandatrades/1183
🚨 FREE Quality Content + New Results
(Frequent Discounts & Offers)
t.me/masteranandatrades/6172
🚨 Go beyond! PREMIUM LIFETIME Access
lamatrades.com (Since 2017)
相關出版品
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。