Tezos Following The Bullish Path

23 apr 2020

Tezos (XTZBTC) so far is looking strong and solid in the change of course, at this rate it can continue growing slowly and steadily until a strong move shows up.

If momentum is lost, we look at support in the form of EMA100.
Above this level, we remain bullish and below it, we start to consider the bearish scenario.

Only if prices break and close below EMA10 we consider the potential to have been shifted towards the bears/red.
Any trading above EMA10 and we remain fully biased towards the green/bulls.

Here is my previous analysis if you would like to see more:

Thanks a lot for reading.

Namaste.