📍 The chart is forming a Livermore-style expanding wedge —
a structure where each price swing grows wider, and volatility increases.
📌 The current zone may be a key turning point for the trend.
a structure where each price swing grows wider, and volatility increases.
📌 The current zone may be a key turning point for the trend.
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Tezos (XTZ) — Wedge Formation Before the Next Cycle Leg
After a +135% impulse, price has returned to the accumulation zone, forming a falling wedge on the retracement.
The current structure suggests a setup for the next upward leg.
A possible retest of the lower boundary wouldn’t be extraordinary — rather, a natural part of the process before continuation.
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