Tezos / Dollar is neutral

Our pivot point is at 0.82.

Our preference

Technical rebound towards 0.82 before a new drop.

Alternative scenario

Above 0.82, look for 0.94 and 1.01.

Comment

The RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above its 20 period moving average (0.69) but under its 50 period moving average (0.72).

Supports and resistances

1.01 **

0.94 *

0.82 **

0.77

0.71 last

0.57

0.49 **

0.42 *

0.35 **

Number of asterisks represents the strength of support and resistance levels.