majorlee

Tezos, will we have XTZ in 2022? WEB3.0

Long
KRAKEN:XTZUSD   Tezos
Hey crypto fam, please thumbs up the chart if u like it or find it useful...

Big gainer after the early 2021 crypto market crash, Tezo's has rebounded with huge strength this week, so here is the weekly view of the ambitious project looking to take WEB3.0 into the next decades

A clear trend line of support in yellow gives us a good idea of possible entry pivots and using the fib we can see where to exit.

The price on the top side shows a widening wedge, kinda like a horn, which could be extended if we can get back over the last ATH of $9.14, targeting $11.2, $12.3 & $13.8

Indicators show us more room for price to grow, RSI and CoP are both in the right trend, vixfix shows a market bottom last week, but it's very possible if bitcoin cannot hold key area of $50k we can see lower prices again under $3


Please check out my other charts, share and enjoy an easier trade experience

merry xmas

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