Tezos analysis

Tezos is back on an interesting support after a sharp drop, a pivot zone which has been for a long time a resistance, which we broke for the first time, currently we are returning to it. The RSI stock is oversold, which is interesting to take a position but there are even small drawbacks.

On April 17 I had detected a break in a bearish bevel which was rather successful, I thought we could go higher, but when I saw a candle swallowing, I took my profits .

Currently I would like to go back, but there are drawbacks as I told you above: - what is annoying is that there is maybe a shoulder head shoulder that is drawn, if it is the case it can come back much lower. So if you want to take a long position, you absolutely have to put a stop, and not hold, at least not immediately. The objective of a shoulder head shoulder is to take the head and project it down at the break, which gives an objective on the red line, in this case, if we put a stop we can re-enter these levels

little music for the end of the arctile 😉