tezos is still stuck in a range. however i still see a ascending triangle. not really bullish but not really bearish. just filling a range . long term targets still in place and long term support hasnt failed. tezos is still doing fine. no need to worry . tezos isnt going anywhere but up in the long run.
i decided to go back and see as much valid history using usd as possible . what i see playing out is very clear. a new cycle is about to begin. we are currently beginning a new accumulation phase. as tezos likes to do i would expect it to come back to the bottom line range at least one more time. anywhere between .97 cents and 1.14 is what i would think just...
Check my portfolio: XTZ,BTC,UVU,FLL.
I am sure that we will see btc for 3k one more time and top20 alts will bleeding +5% more than Bitcoin. XTZ is near to the big f.... dip so its not will be long to expect long runs and bulls will get the voice of. Look at my chart and go with it.
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Crypto certainly moves quickly and ironically I will have re-entered at basically the same price I sold when all is said and done at 3.15. Kind of ironic.
I will make this quick. Tezos has kept failing at breaking to the downside multiple times. While I was expecting more of a sell off to the $2 area, we just haven't gotten it yet. You can see the daily MACD...
Fundamentals supportive of Tezos (XTZ)
1.Tezos Foundation said it will settle and are offering $25 million. However, this is subject to Judge Richard Seeborg of the U.S. District of the Northern District of California, approval. Should the judge agree, XTZ will have a boost.
2. Tezos also plans to implement a privacy feature later this year. This is at a back...
Exploring a bearish possibility because the entire move is confined within the blue channel and considering an ABC, here A:C = 1:1
We also had 4 green candles on the monthly, the last time this happened, price dropped 60%. In our case here, a 60% drop will take to channel bottom
If you haven't seen the updates on my last XTZ thread, I got out at the $3.20 area for a slight loss on my re-entry but overall it was a hugely profitable position trade. My concern has always been that we could go down to as much as $2. Which Tezos now seems poised to do. I was reluctant to sell my last position because of the massive profit we already had and...
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...
Two different patterns for XTZUSD AND BTCUSD. While XTZUSD appears to be in a broadening formation (WEEKLY CHART), BTCUSD appears to be in a descending channel pattern. I do not personally rely only in patterns, but I try to get a cluster of information. In the near term, in the XTZUSD demand has become more aggressive forming a declining wedge in a daily chart....
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