XTZUSD is Behaving stronger than the whole Crypto sector.Oleg Alexandrov
Here are the Bullish facts:
- 1/ XTZUSD is Behaving stronger than the whole Crypto sector (Yellow Line). While crypto world moved down below yesterdays’ low – XTZ is demonstrating its strength.
- 2/ On the background we have DB+NS+DB sequence during 1.63 level breakout.. It means, that buyers had total control over that level. I plot support here.
- 3/ After SB around 1.75, price bounced up from that level. This is SLKB and the sign of strength.
So, XTZ is rejecting to move further down along with all crypto sector. We have confirmed strength around 1.63 support. While price is holding above 1.63 – longs are justified.
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