Today we continue to use the Tezos indicator as an edge and direction of the overall market. XTZ appears ot have conquered previous resistance as support. This leads me to believe that BTC is currently building out a support level on previous resistance as well. Yes its a trading nightmare as its a range to get your ass chopped into a thousand pieces both to the upside and downside. Most should just be buying and holding. If you are trading enter, exit as quickly as possible and use tight stops. Next test i see for xtz is 4.25 . For BTC i would see a retest of 55k and maybe rejection again back down to 48k. if you are a long term holder great job.
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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.