Tezos (XTZ) – July 19 for HITBTC:XTZUSD by readCrypto

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( XTZUSD 1W Chart)

If the price holds above the 18.5532069 point, it is expected that the uptrend will continue.

(1D chart)

It remains to be seen if the 2.31528369-2.83410604 section can find support and move up.

If the price is maintained in the 2.83410604-3.87175079 range, the uptrend is expected to continue.

If the 2.31528369 point declines, you should check for support at the 1.73723670-1.85532069 zone.


( XTZBTC 1W Chart)

We will have to wait and see if we can climb from the bottom box section, 6690 Satoshi-14930 Satoshi.

If the price is maintained above the 14930 Satoshi-17620 Satoshi section, it is expected to create a new wave.

(1D chart)

It is entering the mid- to long-term investment area by falling from the 7900 Satoshi point.

We need to see if we can find support in the 7270 satoshi-7580 satoshi section and climb to the 7900 satoshi-8510 satoshi section to get support.


We recommend that you trade with your average unit price.

This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to psychological burden.

The center of all trading starts with the average unit price at which you start trading.

If you ignore this, you may be trading in the wrong direction.

Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves.

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** All indicators are lagging indicators.

Therefore, it is important to be aware that the indicator moves accordingly as price and volume move.

However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.

** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.

Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)

** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)

** See support, resistance, and abbreviation points.

** Support or resistance is based on the closing price of the 1D chart.

** All descriptions are for reference only and do not guarantee a profit or loss in investment.

Explanation of abbreviations displayed in the chart

R: A point or section of resistance that requires a response to preserve profits.

S-L: Stop Loss point or section

S: A point or section where you can buy to make a profit as a support point or section.

(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry through split trading.

GAP refers to the difference in prices that occurred when the stock market, CME , and BAKKT exchanges were closed because they are not traded 24 hours a day.

G1 : Closing price when closed

G2: Opening price

(Example) Gap (G1-G2)

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