Tezos / TetherUS
Long

🔥 XTZ Long-Term Bullish Channel Update

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Around a month ago, I made an analysis on XTZ and the long-term bullish channel it was trading in.

🔥 XTZ Long-Term Bullish Channel: Update


Since then, XTZ has indeed bounced off the channel top resistance and has been trading down ever since.

By the looks of it, there's a decent chance that XTZ will continue to move downwards in the near future. In that case, I'd be looking at the purple reversal area for a potential bounce.

Happy trading!

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