Sherem

XTZ USD channel still holding

Long
Sherem Updated   
HITBTC:XTZBTC   Tezos / Bitcoin
This channel on the XTZUSD pair is still holding. For a larger move to happen in the near term, we need this area to hold. This could ratify this larger channel pattern and would send us higher.

While on the XTZ/BTC pair we can see where RSI has hit it's lower bound every time but 2 it has rebounded. I still think we are poised for a sharper move up in the near time with BTC and ETH being so bullish.

Cheers,
-Sherem
Comment:
Still in the channel. If we break $2.50 on the upside, $10 is in play or at least to the upside of the channel
Comment:
Update -
Had to put some more magnets on this thing to really give it the kick it needs.

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