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Sherem
Jul 17, 2020 8:14 PM

Could Tezo's do what LINK just did? Long

Tezos / United States DollarCoinbase

Description

Tezos' has a very similar structure to LINK right now before it busted up. We can also see that it has surpassed the previous high and is steadily moving up and has yet to pullback or have this be a fake out.

Buying here. If it does something similar to LINK, we will see $5 which is our target.

-Sherem

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Another view, log view -

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If we adjust our channel, we can see where our next target would be. In the $5-6 range. Which would be similar to the move link had from 5-> $8.50

Trade active

Still long, Tezos seems to be forming a handle here for the next move up

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Still looks good. XTZ/BTC chart looks like a massive flag -

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Tezo's is really sucking wind. I would expect to see a bounce once BTC tops. Not terribly worried about riding this out.

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In typical Sherem fashion I was to early to this trade. The cross has a better base now. Should get some better moves once this starts going up.

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Getting close to breaking out.



XTZ/BTC chart looks really good.

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Are we forming a mini flag within a larger flag after a breakout flag? That's a lotta flag's

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POP
Comments
optimaldigits
xtz = 200 usd in the future ^^
jlaltc
nope!
wjpb
@jlaltc, why not?
BlockchainFaith
@jlaltc nope what?
nicsal
There is a fair bit of divergence on the 4 hour. I think we may need a pull back first
nicsal
But it’s a good idea I’ll look for an entry. Cheers
nicsal
May be a good entry coming up.
paypay9000
Long Baby
theredbaronZ
Looking a little head and shoulderish on the 4hr...
theredbaronZ
So what are you look at doing as we approach the target price of $5?
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