HEY, SUP Guys !
What happened for TEZOS !
In The last analysis that I posted for XTZUSDT , it climbed up to pivot zone but bulls wasn't able to overcome this zone , then it has been declining so far and reached the last lower support lvl ( -60 %🔻 🎯💰 ).
So today as we can see in the 1W time frame for XTZ /USDT , after a huge drop, it has managed itself under the PIVOT zone as a resistance area
and abot the S-R lvl although there is a possibility to decrease again ,but if bulls be able to increase the price on the pivot zone, then according to bar pattern it can rise again and reach higher resistance zones !
but if weekly candle closes blow S-R lvl there is the possibility to retest lower support lvl and then start to rise again from there!!
✌️ Good luck with your trading and investing and remember: Trade smart…OR JUST DON’T TRADE!
--------------------------------------------------------------------------------------------------------------------
👉This analysis is my personal opinion ,not a financial advice ,so do your own research.
💜 if you're a fan of my analyses PLZ follow me and give a big thumbs 👍 OR drop comment 🗯💭
What happened for TEZOS !
In The last analysis that I posted for XTZUSDT , it climbed up to pivot zone but bulls wasn't able to overcome this zone , then it has been declining so far and reached the last lower support lvl ( -60 %🔻 🎯💰 ).
So today as we can see in the 1W time frame for XTZ /USDT , after a huge drop, it has managed itself under the PIVOT zone as a resistance area
and abot the S-R lvl although there is a possibility to decrease again ,but if bulls be able to increase the price on the pivot zone, then according to bar pattern it can rise again and reach higher resistance zones !
but if weekly candle closes blow S-R lvl there is the possibility to retest lower support lvl and then start to rise again from there!!
✌️ Good luck with your trading and investing and remember: Trade smart…OR JUST DON’T TRADE!
--------------------------------------------------------------------------------------------------------------------
👉This analysis is my personal opinion ,not a financial advice ,so do your own research.
💜 if you're a fan of my analyses PLZ follow me and give a big thumbs 👍 OR drop comment 🗯💭
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