shaon45

$Xtz hovering in critical zone but uptrend still continue

COINBASE:XTZUSD   Tezos
$Xtz weekly dead cross wiped out the bullish scenario for shorter time frame. It is now in accumulation zone. A daily bullish crossover is about to happen which will save it from falling wedge and the downtrend. All over we are still in uptrend. The price may hover between $2.50 to $3.20 for the next 2 weeks. If it gets below $2.50 it will be a buy and won't last longer. As we see all coins get shaken out when $btc moves. If $btc drop $Xtz will drop with it but before that happen we might see the daily cross over and price moves higher approximately $2.50 to $3.20. if that happen we might not go below $2.30. Let's see how it plays out. Today it did excellent against $btc ponzu drop. I see bull step in to save it. We are going to see sell off for next two weeks as price gets closer to 3.20. In the long run I am still bullish. Accumulation right now can be very wise and profitable in the long run.
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