NICKVASS10

Tezos Long Term Cycle just beginning!! Extremely Undervalued

Long
BINANCE:XTZUSDT   Tezos / TetherUS
Tezos as shown on chart looks extremely promising with the potential to move much higher. Additionally, Tezos has much room to grow having previously been much higher ranked in the Crypto Market Cap, it could make its way up the ranks in coherence with the wave count shown on chart. Intriguingly in AUGUST 2020, Tezos and Chainlink topped in what had been massive bull runs and both performed as one of the best cryptos in the 2020 year; even more interesting is that they both seem to be building massive cycles to the upside and have ended long term corrections/consolidations at the same time, which is not surprising as the two assets have been extremely correlated since there genesis and both seem to be gathering strong momentum.

As shown on chart, it is valid to state that we are still building this larger Intermediate third wave which promises Tezos to be a strong hold over coming months and for the year with a larger Macro cycle still in its infancy, for now we target new highs towards the $19 level in a Minuette wave 3 (golden), there is extremely strong confluence as indicated in text on chart at the $19 level whereby the ~1.618 extension of both the Intermediate wave 1 and the Minuette wave 1 sit, this is not often seen and often strong confluence is a likely destination for the price to end up at.

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