nathancebersole

A short correction

nathancebersole Updated   
BINANCE:XTZUSD   Tezos
I noticed this short-term correction that will lead to around $6.75.
On the daily there is bearish divergence which confirms this idea. I will post that as well and link it here when I can.

Of course, this isn't financial advice, yadda yadda yadda.
Comment:
Also note that the price action and the RSI both show the same movement.

I guess I'm not cool enough to be able to post a link to my daily bearish divergence chart that I spotted. Sorry.

Keep an eye on this, it could be a good opportunity to get into Tezos.
Comment:
One more thing to note is that the price action and RSI are currently re-testing that pattern.
Comment:
Well I would call that invalidated. It only dropped half the distance I expected it to. Nothing wrong with that though. Go Tezos, Go!
Comment:
The pattern was correct after all.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.