📈 Daily TA: Tezos (XTZ/USD)

Hello, dear members of LeoFinance!

Today I want to outline one very interesting technical pattern in the price chart of Tezos

In the daily chart (1D), XTZ/USD is testing the upper line of kind of an Ascending channel: In my view, if a breakout occurs and the price chart surpasses the upper line of the channel then it will be an initial signal that an uptrend acceleration may start.

To be continued ...

As of the time of writing, one Tezos costs $6,25 on the Binance crypto exchange, according to TradingView.

A few words about me:

Just to let you know: I've been working professionally as a currency analyst for the last almost 15 years and as a cryptocurrency analyst for the last almost 4 years.

Important!

Keep in mind, that thoughts expressed here are my own, and they should not be regarded as recommendations for any cryptocurrency/commodity trades, investments and etc.

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📈 Daily TA: Tezos (XTZ/USD) | 06-04-2021