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WyckoffMode
Feb 15, 2020 2:04 PM

XTZUSD (TEZOS) - Update on Potential Dip Incoming... 

Tezos / US DollarBinance

Description

Down to $2.55 to $2.71 quite easily in my opinion but could come down to $2.25 to $2.30 before continuing back up in a bull run.
Comments
dwalker350zz
what is the indicator you are using for the white energy?
WyckoffMode
@dwalker350zz,

Godmode 3.1 Mod with LSMA used to be a PUBLIC indicator available to those with a PRO account. For whatever reason it's no-longer available... However, I have you covered. I just gave you an "invite" to Phoenix 1.118 (my modified version of Godmode) and my Phoenix Ari 1.07. You may need to refresh your browser to see the indicators in your "Invite-Only Scripts."



Watch the following video all the way through without stopping. THEN watch it again and setup the indicators as shown. Pause as needed while setting up... SKIP setting up Phoenix 1.391. YOU DO NOT NEED IT. I did not give you an invite to it... so SKIP that part of the video.

dasfx303
@WyckoffMode, You are GODMODE! Spot on sir. New fan here.
WyckoffMode
@dasfx303,

ROFLMAO... ; )

You're certainly welcome here, Dasfx.

Stay Awesome!

David
paypay9000
Its only been out 2 years sir XTZ is in price discovery. It may dip a lil bit but it ain't going back down to 2.20. Now maybe you get a long wick sure. but the fundamentals of this token makes it unlikely. 80% of the supply is staking and a lot of the coins are tied up in bounds with the baker nodes. A bunch of the supply is being delegated which pulls tokens out of the supply every cycle ever 3 days. TA's is great and they work but with this token its worth to spend time and learn how it works. Almost Every Cycle Coin Base Binance ECT are way over extended and way over their bounds when this happens the exchanges have to go and buy coins on the open market to cover the staking rewards. They also have to increase there bounds meaning they need more rolls to cover by 8k . So please take time to learn the Protocol. LPOS is not the same as regular POS. keep in mind there are 484 nodes that pay out staking rewards not just the exchanges and there are many more exchanges that have bakers.
WyckoffMode
@paypay9000,

VERY INFORMATIVE... Thanks for taking the time to type down this insight.

Stay Awesome!

David
theyuha
@paypay9000, Good point about tezos tied up in staking. I am holding mine, bought some more at 2.75 today. it is possible we could see more downside- will be over in a week or 2 though and it will go back up.
NicoleTR
Tezos is on Coinbase.
WyckoffMode
@Nicole1964,

Okay... I'll check it out...

Not sure if Coinbase will have more history but I'll check it out.

Thanks!

Appreciate your support and Stay Awesome!

David
MaxL82
@Nicole1964, fee 25% ?
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