BINANCE:XTZUSD   Tezos / US Dollar (calculated by TradingView)
We are at risk of repeating May's drop in Tezos.
Leading up to May there was bearish divergence. Thankfully that drop didn't hit it's predicted move!
I'm hoping this scenario doesn't play out but I think everyone should be aware that it's a possibility.
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This is the moment of truth. Will it hold?! If it does hold and bounces back to the top again, the next move will be up to $10-11.
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So far so good!
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Darn. It was correct after all. Bearish divergence is a powerful thing.
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Ouch. Rough night. Pattern complete.
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Oy. It exceeded my expectations and has nearly completed the first bearish divergence...
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