TEZOS uptrend intact; If BO Vol Profile zone;next 2 FIBO targets
TEZOS is holding the 3.23 to 2.72 Volume Profile support zone & is now trying to break above it with a higher high & a higher low in place.
If it succeeds in breaking above the black anchored VWAP from recent low & then cross above the nearest GANN line, then the next 2 FIBO levels will be targets. (See chart for TPs 4.48 & 5.37)
Rejection from VWAP or GANN line will see a retest of the blue uptrendline or even the violet VP support zone low at 2.72 (violet uptrendline). Also notable are the 2 potential triangles forming.
Not trading advice
If it succeeds in breaking above the black anchored VWAP from recent low & then cross above the nearest GANN line, then the next 2 FIBO levels will be targets. (See chart for TPs 4.48 & 5.37)
Rejection from VWAP or GANN line will see a retest of the blue uptrendline or even the violet VP support zone low at 2.72 (violet uptrendline). Also notable are the 2 potential triangles forming.
Not trading advice