Update for Tezos trendline analysis

١٩ أغسطس ٢٠٢٠

update for tezos, tezos trend anaysis. we are now trading in a falling wedge price trendline which is bullish. but if tezos could pump up above 0.5 resistance(the upper golden line) after this dip, . it will form an inverse head and shoulder pattern for short-term to test the upper trendline. please leave your comment and advice. this TA is provide by novice for study purpose, not applicable for price action.

٢٠ أغسطس ٢٠٢٠

ملاحظة

so far so good, althought the inverse head and shoulder didnt play out. the falling wedge seems to be able to hold some support.