I continue to use HITBTC to chart due to the data from its futures trade from 2017. Although many of you dislike the idea of using that data, Coinbase and all indexes are using it as we speak. The trend lines are all following in place & for all I care, the charts are the only thing that matters to me, not opinions or preferences.
Nevertheless, with all that aside, XTZ is entering a very bullish pattern having broken the nasty downtrend from months on end. We finally blasted through the huge falling wedge and have gone into a price discovery zone that in this case it can take us to new levels. Coinbase announced Staking yesterday, OKex open trading and Staking, Binance has added XTZ and Staking is also in the pipeline.
With all that to be consider, many new updates are coming to the network such as Privacy ZSnark, Checkers, and countless other new and cutting edge features that is lights away from the competition.
If I were to put a price target on Tezos by EOY, I would like to see it around $7 - $12 dollars. It's not too crazy to think of these numbers. Consider that Elevated Returns STO is set to launch in December 2019! It's approved and it will deploy. This will be a huge catalyst and it is likely to open the floodgates driving attention and major exposure.
In China, Tezos is been regarded is stable and secured as BTC, with the advantage that it can do much more than just store of value for Crypto and blockchain as a whole.
I remain extremely bullish and will continue to Stake my Tezzies until it explodes to Private Jet status.
This is not the time to sell, but to BUY BUY BUY until you run out of money. Accumulate as much as your wallet and guts can take.
Happy Trading and let's fucking Go!
I've being long accumulating since its all time low & had over 100K XTZ from ICO. I am not concern about short term pumps. Whats ahead of us is pure MAD CASH & Glory!