Tezos has pushed over 3% higher on Monday as the cryptopshere bounced back. A triangle formation has now formed on the 4-hour chart. XTZ/USD 4-hour chart Tezos has pushed higher on Monday and looks to be heading back into its uptrend. The price has used the 200 simple moving average to good effect as support. The key level on the upside is now the 3.00 level. As you can see on the chart below the price has converged into a triangle formation as the lower highs and the higher lows come together. The volume is looking slightly thin which is a concern but that could just be down to holiday volumes. Looking closer at the indicators, the Relative Strength Index is now moving into a more positive area. The MACD at the bottom also looks like it might be heading for a bullish turn. Overall, if there is to be a price break higher it would begood for the bulls to see the volume increase for more bullish confirmation. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next USD/JPY: Bulls targeting 108.00 catch a breath amid mixed clues FX Street 3 years Tezos has pushed over 3% higher on Monday as the cryptopshere bounced back. A triangle formation has now formed on the 4-hour chart. XTZ/USD 4-hour chart Tezos has pushed higher on Monday and looks to be heading back into its uptrend. The price has used the 200 simple moving average to good effect as support. The key level on the upside is now the 3.00 level. As you can see on the chart below the price has converged into a triangle formation as the lower highs and the higher lows come together. The volume is looking slightly thin which is… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
