On the XTZUSD chart, we are hitting this MAJOR trendline. I imagine this will hold as support and we will move higher from here. You can also see that RSI is extremely oversold which would also indicate a move off this $2 area.
If we coincide this with the XTZBTC cross, we can see that RSI is also very oversold here and hitting this .618 fib line. this should also produce a bounce.
Tezos's has now gone down almost 50% in just a month. It's definitely oversold.
Look for bounces targetting this $3 area. Once we get there we can see if it's due for a much larger run up in the near term.
Cheers,
-Sherem
If we coincide this with the XTZBTC cross, we can see that RSI is also very oversold here and hitting this .618 fib line. this should also produce a bounce.
Tezos's has now gone down almost 50% in just a month. It's definitely oversold.
Look for bounces targetting this $3 area. Once we get there we can see if it's due for a much larger run up in the near term.
Cheers,
-Sherem
註釋
I spy... bullish engulfing...註釋
Yep, bullish engulfing - 
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。