Tezos may rise to 1.06 - 1.08
Our pivot point stands at 1.01.
Our preference
As long as 1.01 is support look for 1.08.
Alternative scenario
The downside breakout of 1.01 would call for 0.99 and 0.97.
Comment
The RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 1.03 and 1.02).
Supports and resistances
1.10 **
1.09 *
1.08 **
1.06
1.03 last
1.02
1.01 **
0.99 *
0.97 **
