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Weekly forecast Tezos technical chart
Symbol XTZUSD

Trading suggestion:

  • By appearing primary signs of entering the market, new entry zone and short-term targets would be published.
DateJune 12, 2022 - 17:12
Currentrange bound
Forecastbeginning of uptrend

Midterm forecast:

  • While the price is above the support 1.450, beginning of uptrend is expected.
  • We make sure when the resistance at 3.299 breaks.
  • If the support at 1.450 is broken, the short-term forecast -beginning of uptrend- will be invalid.

Technical analysis:

  • The RSI uptrend #1 is broken, so the probability of beginning of uptrend is decreased.
  • A peak is formed in daily chart at 2.370 on 06/10/2022, so more losses minimum to Major Support (1.450) is expected.
  • Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
  • Relative strength index (RSI) is 41.
Symbol Released Current Forecast
Tezos (XTZUSD) Tue, 16 Apr 2024
Tezos (XTZUSD) Sat, 6 Apr 2024
Tezos (XTZUSD) free Fri, 22 Mar 2024
Tezos (XTZUSD) free Sun, 10 Mar 2024
Tezos (XTZUSD) free Mon, 4 Mar 2024
History
Daily-Trading-Opportunities on XTZUSD.