parissap

XTZ broadening wedge

Long
BINANCE:XTZUSD   Tezos
#XTZ/USDT
$XTZ is inside weekly broadening wedge pattern, and price is near lower line.

🐮 holding the lower line of wedge that is the same with support zone, will increase price to resistance around $4 and break out from this resistance will head up price toward resistance of 0.5 fib level that is the same with ascending trend line.

break out from ascending trend line in long term will increase price to upper line of wedge that is the same with 1.414 and 1.618 fib levels.

🐻 break down from lower line of wedge will drop price to support around $1.5.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.