Tezos (XTZBTC) goes ahead and hits a new high after long-term accumulation and higher lows...
This is exactly what we know will happen to the rest of the altcoins vs Bitcoin pairs.
Strong bullish action Q1 this year.
Correction and accumulation next.
Higher high a 100%.
The whole market is interlinked...
Be patience... Weak...
XTZBTC behavioral analysis telling us might we will see another massive bull run in XTZ against BTC
It depends on whats the market did in previous bull runs
I don't know how much time it will take to catch new all-time high
This asset is extremely bullish. currently making higher highs on great support at the end of our bullish harmonic.
For information on BTC volatility follow our latest BTC ROADMAP chart.
Libertas Aequitas Veritas .
As i talked about on August 17th i was saying how XTZ is looking like its about to breakout against BTC and we nailed that perfectly! That TA was put out when Price action was still in the descending channel! And we are looking super bullish still with XTZ outperforming majority of the market right now, we wicked upto about the 1 FIB level which is our most recent...
XTZBTC looks good but we need to break this major resistance zone! If volume can kick in and we break this resistance we can expect a big move!
If we look at history how price reacted once this zone is broken.. We can expect the same to happen.
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Intro: My name is Hugo, I am 24 years old and trading crypto currencies since late 2017. English is not my main language, however, I will try to explain everything brief and clear. Be aware that I am still in the learning curve. Every idea I post is not financial advice and is only meant for entertainment purposes only.
Welcome to my new Short...
XTZ has been travelling along the descending channel since mid June, we are getting a strong push upwards at the moment looking like we are about to breakout against BTC. Keep in mind this TA only stays valid if BTC doesn't swing the market, if BTC dumps we should expect the same for the market. Now first looking at our current breakout spot we are looking very...
Purchase in the area of 808-736 for 5% -15% of the deposit
Stop, fixing below 712
Goal 1 - 891
Goal 2 - 967
Goal 3 - 102
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Tezos looks wonderful for a medium term bag !
Currently in an Accumulation Range for a long time ! when the expansion comes it will be Massive !
A Confirmed Potential Long entry would be an acceptance above the Breaker which will confirm the Change in Market Structure Targeting Median and top of the range !