tonight we have confirmed something massive in the land of crypto.
something that i've been waiting on for some time now.
i've got 4 trades in one with this tezos.
going to need some strong hands to get all the way to the end.
you know what they say about the majority?
they usually sell right before it's time to become buyers.
xtz looks to be in a larger 1-2 here, which is kind of my bias right now towards crypto; a larger 1-2.
if i'm right about this, the target for xtz would be at around $15 for the bigger wave 3 swing, which could take a few months to play out.
i'm out at $10 at...
XTZ has been really pumping of recent because of the projects its involved in.
I see it in a macro channel and its likely to break above it in the coming weeks\months.
Articles says 3 reasons.
Protocol upgrade reduces transaction costs > he most recent 'Granada' upgrade was implemented on Aug. 6.
Real-world adoption driven by 2 large banks
Hey, As we can see XTZ has broken the trendline on the 4h with high volume. Ideally we see a retest around the trendline and support formed, but we may have support form higher around the 4.18 horizontal. Along with that, XTZ has broken a longtime consolidation that I have had my eyes on in the XTZ/BTC Pair, which I will link to this post. Long can be entered with...
XTZ long term channel
Price has broken back inside and has now backtested the channel as support.
If the bullish market sentiment continues, I expect XTZ to pump back towards the top of the channel, potential profit taking at channel levels.
This can be a nice long i have went with a stop loss below the low around 1.77ish, Right now bullish momentum looks good lets see how this plays i will be holding for a long time. Targets can be anywhere from 7$-13$ I will be taking prfoits on the way up and trailing stops. This is just my own thoughts please use this with your own stragety :)