XTZ seems very bullish to me at the moment on the daily:
- it posted the third big green candle (three white soliders) with RSI rising, which concludes the downtrend from the flag of the bull flag
- bull flag pattern seems confirmed to me (brakeout three days ago)
- EMA 100 crossing EMA 200, EMA 50 already above both, all pointing upwards
I see following possible targets in the next few days
TP1: 19680 sats
TP2: 24110 sats
TP3: 25710 sats
What makes TZS especially interesting in this setup: It could break 25710 sats with respective volume. With this we could see a breakout of the overall falling wedge (started back in June 2018). This breakout may lead to an additional rise of ~250%.
Of course, this is just my opinion and observeration. I would be very interested in any kind of feedback.
- it posted the third big green candle (three white soliders) with RSI rising, which concludes the downtrend from the flag of the bull flag
- bull flag pattern seems confirmed to me (brakeout three days ago)
- EMA 100 crossing EMA 200, EMA 50 already above both, all pointing upwards
I see following possible targets in the next few days
TP1: 19680 sats
TP2: 24110 sats
TP3: 25710 sats
What makes TZS especially interesting in this setup: It could break 25710 sats with respective volume. With this we could see a breakout of the overall falling wedge (started back in June 2018). This breakout may lead to an additional rise of ~250%.
Of course, this is just my opinion and observeration. I would be very interested in any kind of feedback.