This chart right here is really critical telling us how high Tezzies is going to go. You can see that this major resistance area has held up for quite some time. As soon as this area breaks to the upside there will be nothing stopping tezos from having a dramatic increase and potentially going all the way up.
The fact that we are creating a higher low is wildly bullish and can really project XTZ to go much higher provided we get through this resistance zone. Stay tuned folks, things could get crazy really soon! This chart indicates we will go much higher in Tezos!
Cheers, -Sherem
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We're starting to really break up on this XTZ/BTC cross. I don't know that I am necessarily selling yet. I think a big mistake would be selling to soon into the halving without a definite sell signal so I will hold for now.
If we look at this chart we can see that the Hit/btc cross hasn't broken out like the coinbase cross has. We are already getting indications that we will explode higher, but the rest of the market hasn't followed through yet. So for now, I will wait ansd see what happens before making a sell decision.
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We're approaching the breakout zone here. If we get above this, we could get a much larger move.
@Sherem, I sold this afternoon to go into a different pair. Looking at other exchange charts we're at ath's now. BTC looks like it's about to drop too (if it doesn't close over 10350 on the weekly).
Sherem
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@boleroking, I don't think so, I think we are going to push much higher from here across the board.