Xtz has been slowly bleeding out and correcting. It is still completely fine even if the short term is down trend. The mid and LONG term are still pointed up and our long term targets are still in place. What and why is going on with Tezos you might ask or might see many asking? Well for one it i not just Tezos. It IS THE ENTIRE MARKET. The biggest issue right now is alot of money is on the sideline and is waiting for bitcoin to confirm its trend reversal. Which has not been confirmed and will not be confirmed at least until we get the next 6 month candle. A long time for moon boys. So what is going on instead? No new money is coming in. People are getting bored and market movers are instead pumping the flavor of the month and we even saw that with Tezos. Defi is HOT. I urge you to be on top of the newest tokens and offerings. You will not find them on conbase or major exchanges. You must look in the dark corners of Twitter and Medium articles and Reddit for hints of what to be looking into. Forgive me for not mentioning DMG earlier as i bought in around 50 and 70 cents. It still has room to grow so look on Uniswap or Mesa.eth.llnk for that one. AVAX. We simply have money flooding from coin to coin and profit taking and many a sad moon boy getting crushed. They do not have the strong hands for the long term nor the testicular fortitude to buy the dip on many of these top tier coins. Tezos is one that i have a ladder of large orders that will be filled if we get under 2 dollars. What a steal. Defi is coming to Tezos as is privacy Zksnarks. Tezos is really going to keep pushing the boundaries of smart contracts. Ethereum has everything hinged on a hypothetical successful transition to Proof of Stake. So i advise you to proceed with caution on any erc20s. There are huge gains but potentially you may not be wanting to just hodl all of those. Get your profits and GTFO.
We are currently in Mercury Retrograde.This particular time in 2020 is a highly charged energy of chaos and confusion. I can see it in the analysis as many are getting emotionally attached to their favorite moon coins. Look out for bull traps. Look for Bitcoin dominance to go down swinging hard. I believe it will fall hard but it will not go down without a fight. I do see most of the summer being a draining time on many holders as they watch their bags dwndle in value. You should not be worried about this if you are diversifying and staying on top of and engaging in the latest trending coins. So much money to be made right now with this crazy volatility. Do not forget Traditional markets either. Silver has been on my top 10 list of best trades this year, not just on contracts but on physical as well. Do not get emotionally attached guys. The bull run is not ready yet. We do not have the new money JUST YET. but it is coming and it will completely blow away 2017. I suspect many will have sold their bags at a loss before we begin the real run up. BE patient and accumulate. Sorry i know this isnt really Tezos specific but it needed to be said.
Crypto Elf
We are currently in Mercury Retrograde.This particular time in 2020 is a highly charged energy of chaos and confusion. I can see it in the analysis as many are getting emotionally attached to their favorite moon coins. Look out for bull traps. Look for Bitcoin dominance to go down swinging hard. I believe it will fall hard but it will not go down without a fight. I do see most of the summer being a draining time on many holders as they watch their bags dwndle in value. You should not be worried about this if you are diversifying and staying on top of and engaging in the latest trending coins. So much money to be made right now with this crazy volatility. Do not forget Traditional markets either. Silver has been on my top 10 list of best trades this year, not just on contracts but on physical as well. Do not get emotionally attached guys. The bull run is not ready yet. We do not have the new money JUST YET. but it is coming and it will completely blow away 2017. I suspect many will have sold their bags at a loss before we begin the real run up. BE patient and accumulate. Sorry i know this isnt really Tezos specific but it needed to be said.
Crypto Elf