koryu

Tezos begins

Long
koryu Updated   
KRAKEN:XTZEUR   Tezos / Euro
Tezos has a great chance to bottom at this level. Tezos has been moving sideways in the 0.35€ price level for a while which is similar to the ico price.

Over the next time the Tezos "Self-amending" vote and update process will be tested for the first time. It's also the first time a blockchain will update/amend itself in a fully automated process.
Beside voring rights, Tezos currently gives a proof of stake reward of around 6-9% per year. This incentivizes to hodl.

Beside the fundamentals the technical analysis shows keylevels around 0.38€ and 0.43€. Above these levels it seems like the target will be at least 0.60€.
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on track :-)
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reached the parallel channel target (short term target)

We must be aware that after such a fomo move our position is vulnerable to a correction.

I am holding and staking my tezos, so not interested in trading the swings.
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old 0.54 high acting as support
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coinbase launching staking service for tezos blog.coinbase.com/co...-follow-68f7bc51bc53

Staking services becoming a thing in 2019. So that also the lazy ones can stake/delegate now using a centralized custodian.
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The game of stakes has begun. Stake Capital acquires HotStake.

medium.com/stakecapi...otstake-8447f5a62f57
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Tezos makes me smile every morning when i wake up, wondering how long it can keep going up. So with the excitement there will be profittaking as well. We must be aware that there will be a phase of correction/consolidation, retest of support sooner or later.

I guess most people are staking and doesnt have their coins at exchanges, with low supply on exchanges price can move up even on low volume until more people decide that the trading profits are worth more than the pos reward and move fund to exchanges.

However short and medium term will look like, the longer term for tezos is great. This crypto will amend itself based on votes of its holders who have skin in the game. We can see it like an organism which will go through evolution, it might fail sometimes to rebuild, learn and improve. Its really exciting to see how it plays out.
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trade and trend still active until 03 June, according to time@mode analysis
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reached target2 1.50€

final target 3€ within next 2 weeks
Trade closed: target reached:
Tezos reached target2 while time expires for this idea. At the same time there is the first amendment process:
medium.com/tocquevil...f-tezos-4791ab3b1de1

I booked partial profits at +300% to get initial investment out and keep staking the rest. Gl everybody.
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Tezos is pumping after finding support at the daily ma200 and coinbase anounced adding to coinbase pro on 5th of August

blog.coinbase.com/te...ase-pro-c8f9aeee7e03
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biweekly targets
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xtz is reaching the target1 of the biweekly chart. I am not interested in selling and let it run and stake. There will be strong corrections in between which shakes people out, I guess up to 40% but It remain the most promising alt right now and could easily reach the top 5 by market cap in the long term.

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