TEZOSTEZOS has broken through the support it has held since 2019, a further decline possible.
Many altcoins will have a similar fate.
Key stats
About Tezos
XTZ Wave 5
The broken flag from my previous post led to new lows as expected.
In my primary count, we are already on green wave V, which would soon lead us to bullish price action.
But soon doesn´t mean now... I´m waiting for further price action to see if bulls step in, beginning with a break of the green
XTZUSDT where to buy for a long termLet's take a look at Tezos.
The final capitulation may be just around the corner.
Tezos looks very weak. No buyers .
Downtrend continuation is very likely.
Where to buy? 0,35$ - 0,45 $ seems to be a reasonable price.
Can it go lower? Yes, if the sentiment gets more bearishness on it, Tezos will go
XTZ In the buy zone. Urgently !!!Global zone 1.067-0.545
Buy level 0.804
Local zone 0.821-0.497
Buy level 0.665
The price is in the zone of sweet purchases 0.845-0.645 and is much lower than the volume price, which amounted to 1.427 for the entire period
I suspect that volume is running up in the global zone! and the price of the v
XTZ - Broken bear flag
The bear flag from my previous post has been broken (see related idea), and we're now consolidating sideways below the lower trendline.
Considering there is still no RSI Divergence on the Daily, there's a high probability that we'll see a lower low soon, below 0.6487.
✴️ Tezos Long-Term Projections (2,700% or 27X New 2024 ATH)Tezos (XTZUSD) has a different chart compared to other Altcoins, which is always a signal of strength. It produces its own patterns.
Looking at VeChain recently, we noticed the last bull market lasted a nice 399 days, from bottom to peak.
Look at Tezos now and see the huge difference, the bottom w
XTZ - Channeling A Way Through Resistance XTZ, as with the rest of the market, is running due to the court catalysts that i've been posting about all month. 🫡
Recently, after the sell off, the price action has been forming a channel uptrend.
I will publish this on the 4 hour and one day so that the price action is easier to track.
In
Xtz 10x potential growth long Pls 🙏 #DYOR #NFA
In my opinion best buy around $0.24-3
Sell $2-2.8
If breaking wave 4 📍 this article get invalid 📌 which seems correction completed 🚀
XTZ: Bear Flag = Further Downside
As with most cryptos, I´m not convinced by the recent uptrend.
In Tezos´ case, we have a bear flag in play, strengthened by the fact that there is no RSI divergence, which would be expected if the downtrend was over.
Consequently, my outlook remains bearish on Tezos, and I anticipate the possibil
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