Ethereum (ETH), Chainlink (LINK), and Tezos (XTZ) Technical Analysis

On Dec 4, 2020

Ethereum (ETH)

Currently, ETH has rejection from its resistance about 0.0335BTC – 0.0338 BTC and again going to test that zone. Also, a downtrend line is broken very strongly pushed from its support zone of 0.026BTC – 0.0263BTC. Breaking above the upcoming resistance we can see a price push up to 0.0399BTC – 0.0406.

Support Levels – 0.0260BTC – 0.0263BTC.

Minor Support Level – 0.029BTC – 0.03BTC.

Resistance Levels – 0.033BTC – 0.0338BTC, 0.0399BTC – 0.0406BTC.

ChainLink (Link)

As we can see the market is currently sitting support which was twice rejected and also on 3rd test we can see a hammer candlestick that vibes us market me go up.

Support Levels – 0.00071BTC – 0.000680BTC, 0.00052BTC – 0.00055BTC (Strong level)

Resistance Levels – 0.001BTC – 0.00104BTC, 0.00124BTC – 0.00129BTC.

Tezos (XTZ)

This coin is in a heavy downfall for 2-3 months and looking left there is support nearby 0.000076BTC – 0.000086BTC, the price may come till there.

Support Levels – 0.000078BTC – 0.000086BTC (Strong)

Resistance Levels – 0.000211BTC – 0.000217BTC (Minor), 0.000241BTC – 0.000248BTC, 0.00038BTC – 0.0004BTC.

technical analysis