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Tezos (XTZ) - June 16

BINANCE:XTZUSDT   Tezos / TetherUS
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It fell below 50 EMA.

If you can't quickly rise above 50 EMA, you're likely to fall below 100 EMA.

One hope is that it is still on the downtrend line (3).

We need to see if we can get support and rise in the 2.4614~2.5894 section.

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** Check support, resistance and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee profit or loss on investment.

Description of abbreviations shown in chart
R: A resistance point or section where a response is needed to preserve revenue
S-L: Stop-Loss point or section
S: A point or section where purchase is possible to generate profits as a support point or section

[Example of exchange chart setup]

(Binance)
www.tradingview.com/x/S94aDxa8

(Upbit)
www.tradingview.com/x/DF6cGh3G/
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