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Crypto Technicals: Tezos hits new 2019 highs at 1.25, eyes 61.8% Fib at $1.3544

Wednesday, April 17, 2019 12:03 PM UTC

XTZ/USD chart - Trading View

Exchange - Bifinex

Support: 1.1212 (5-DMA); Resistance: 1.3544 (61.8% Fib)

Technical Analysis: Bias Bullish

- XTZ/USD trades 7.14% higher on the day at 1.2450 at 1145 GMT
- The pair has hit new highs for the year, scope for further upside
- Momentum with the bulls. No signs of exhaustion seen
- Volatility is rising, Bollinger bands are widening
- Scope for gains till 61.8% Fib at 1.3544, weakness likely below 21-EMA

For details on FxWirePro's Currency Strength Index, visit http://www.fxwirepro.com/currencyindex.

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Crypto Technicals: Tezos hits new 2019 highs at 1.25, eyes 61.8% Fib at $1.3544

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