Wojak_Capital

Tezos Bull Flag

Long
HUOBI:XTZBTC   None
One of the most undervalued cryptos imo.
Fundamentals:
Raised over $230 Million during it's ICO.
Invested in by Tim Draper and John McAfee.
Arthur and Kathleen (the founders) are very credible with good connections and ties to wallstreet.
81% of supply staked and first blockchain with on chain governance, currently in the process of it's first on chain vote & block chain amendment.
Supported by Coinbase Custody (including baking)
Still not listed on major exchanges like Binance (with good chances of being listed on Coinbase)

Technical:
RSI still consolidating and MACD just flipped, expecting another 10% + drop
Big bull flag on the 1 day charts, expecting big moves once it breaks out of this downtrend
BTC also looking bullish, could lead to resistance or reversal although unlikely given the backing, support, and currently how undervalued it is.
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