The buying force appears at 6$ zone so if it doesn't lose this zone, XTZ could continue its rally up to 10$ and 12$ zones in October. But if it loses the 6$ zone, it will fall down sharly to 5$ or even 4$ zone at late September

🔴Buy : 5.85-6.15$. SL if B 🔴Buy : 7.8-8.2$ if A. SL if B
🔴Sell : 7.8-8.2$. SL if A 🔴Sell : 9.75-10.25$. SL if A 🔴Sell : 11.7-12.3$. SL if A
🔵Sell : 5.85-6.15$ if B. SL if A 🔵Buy : 4.88-5.12$ if A. SL if B 🔵Buy : 3.9-4.1$. SL if B
📈Red Arrow : Main Direction as BUY & SELL section 📉Blue Arrow : Back-Up Direction as BACK-UP section 🟩Green zone : Support zone as BUY section 🟥Red zone : Resistance zone as SELL section 🅰️A : The Close price of 1-day candlestick is Above the zone 🅱️B : The Close price of 1-day candlestick is Below the zone

  • Tezos is a blockchain platform that supports smart contracts and dapps, based on the idea of a digital commonwealth, in which governance is democratized in an efficient and sustainable manner to avoid costly hard-fork scenarios.
  • In 2017, the Tezos ICO raised $232 million in BTC and ETH, making it one of the largest ICOs in the industry. Based in Switzerland, the Tezos Foundation spearheads efforts to support wider adoption of the protocol.
  • Within the network, XTZ is the token used for all operations. With the incorporation of features such as Liquid Proof-of-Stake and on-chain governance, throughput is traded for a higher level of decentralization.
  • Tezos relies on Liquid Proof of Stake (LPoS), with full support of Turing-complete contracts. In the Tezos network, block generation is referred to as baking while validators are known as bakers.