tezos is hugging the line and was able to pull itself back above this and is testing it again. if this holds we will be in much better shape. long term thinking
bitcoin dominance looks ready to roll over. altcoins may have gotten destroyed but they are still showing impressive interest compared to bitcoin. i expect 50 percent dominance by eoy
to the monster swimming under the water. tezos is coming for top 5
xtz showing its impressive strength. this baby will be aspiring for king for years to come
will the bulls step in and draw the line in the sand here? it would make a lot of sense if we are actually starting to see the market turn around. it would be another backtest of the top of the channel. it would also be another higher low in the macro. if not well then the whole thing was a nasty trap that would be much like the one after our 20 k downturn which...
the xtzbtc chart really shows its strenght. however i dont believe many ppl look at that chart. xtz has made 100-200% gains after consolidating. best in the top ten.
this is definitely a bullish correction that we have going on here. i still see huge upside in coming months to the 5-6 dollar range as xtz continues to fight for the 2 billion market cap. xtz is known to take its time in its corrections and blast off as soon as you sell your positioin. i am a fan of xtz so do not take my advice as truth and i am no master of...
2 billion dollar market cap is a huge milestone and if it is captured it usually leads to a spectacular , parabolic bull market that can propel the asset to record breaking ath. i would don my space gear if this level is dominated in the following weeks.
for anyone who feels that tezos needs to pullback more i think you are not looking at this right or are underestimating just how significant it pulled back. that was a 35% rip to the downside and tezos bounce hard and has held at 2.65.it is still resetting all major oscillators and has still created higher lows throughout parabolic run. look out for 5 dollar tezos...
If u can’t see the monster bull trend. Regardless of it’s current gains it’s created higher highs and higher lows. It is currently working itself around on the daily but all other major time scales point much much higher. Nothing screams major pullback just yet.
Ethereum still holding incredibly strong. Looks like the scam wick on the fake breaking of the neckline to clear out any noob traders placing their stop losses on the neck line. Could be popping up to retest that 300 barrier that is present and possibly blast through or come back and create another higher low and form the right angle ascending triangle. Ethereum...
Don’t sell out too early. This bad boy could continue to accumulate to absurd prices before the true parabolic leg up.
Nice little profit taking. I see a lot of sideways action still in this range of 7-9k
Fractal from previous run up.Now that doesn’t mean we are going to the moon overnight. Nor does it mean we can’t backtest it. But imo 6 k is the low