The good news is Tezos clearly rose in an impulsive 5-wave rise from its low established in early December 2018 and has substantial upside left. The bad news is Tezos only just finished the B wave of a larger ABC correction and Tezos is headed much lower from current prices before it hops aboard the rocket ship once again and soars to crypto glory.
Tezos is the best coin at the moment in the market, binance and big exchanges are plannig to add it. once market structure is fixed, this is going to give the best returns out there.
Tim Draper the billionare btc investor who predicted btc to 20k when it was 300$ , invested in tezos. the tech is the best one in the market right now.
Been buying at $0.52 with our target $1.37
A 160% up move.
But it's time for another trade.
See previous tradingview chart called "Buy Tezos like a Chad"
If you sold, it's time to buy back.
Now you have to buy/hodl like a Chad.
With a target at $5
Tezos is great. Smart contracts with...
In daily Timeframe..Looks Like It'll Bounce Back From Moving Average Line & After Retrace.
Tiny Resistance At 1.25$ & Need Some Volume For Breakout.
Buy Some At 1.05 - 1.15$
Sell Targets 1.3 - 1.4 - 1.6 - 1.8
Stop Loss Below Support Area.
Don't Forget to Like the Idea..
Looks good from the level of the asset beat back 7 times.
Support level clearly from $ 1.15-1.10
Head is drawn shoulders pattern
A breakout of $ 1.10 will give direction to the asset for a fall.
The end of the level of $ 1.15 will be a long signal
Indicators are aimed at short
And the number of the seller on the site vcdepth is growing
Entry : 1.0962
Plan : sell 50% at target 1, and sell all at target 2
Target1 : 1.6472USD (50%)(R:R is 3.18)
Target2 : 2.1559USD(95.97%)(R:R is 5.87)
Stop loss : 0.9234 in daily close
Entry is coming next week.
Tezos/USD Short-term price analysis
Tezos has a bearish short-term outlook, with the XTZ / USD pair moving below key support and eroding all its monthly trading gains.
The four-hour time frame shows that the bearish head and shoulders pattern has now reached its overall downside potential. The XTZ / USD pair is also struggling to move above its 200-period moving...
XTZ spiked after Coinbase announced integration of Tezos at Coinbase.com and in the Coinbase Android and iOS apps. This should open Tezos to millions of retail investors and improve its overall liquidity and adoption.
Tezos / USD Short-term price analysis
Tezos has a bullish short-term outlook, with the XTZ / USD pair recovering to its...