reven4nt

reven4nt

Bitcoin is looking very dicey. I speculate there is going to be some very timely bad news in the coming days that will spark the next sell off. I'm not sure what exactly it will be, but it's not going to be as simple as bad CPI numbers. It's going to be something bigger, something unexpected. I hope I'm wrong. Good luck to everyone.

reven4nt Updated 

If you were following my previous idea, you'll see that Tezos is completing its head a shoulders pattern and the price is entering a strong demand zone. My current theory is that Tezos is in the process of performing a 5 wave movement upwards. We are about to enter wave 3. Any dips below $3 should be aggressively bought. I'm expecting to see volume pickup around...

reven4nt Updated 

Tezos recently broke a long term downtrend which appeared to signal the beginning of a trend reversal. Volume briefly picked up after this breakout which was promising. A retest of the trendline was to be expected and happened yesterday; however, the volume from this test is anything but promising. The volume has been anemic in general during this entire upward...

reven4nt Updated 

Tezos led the market with a pump this week, but can it be sustained? Tezos has been trading in an ascending channel which looks like a classic bear flag. The price is testing an important level right now, if it can break out of the long term downtrend, $5 is the first target and $5.80 the second. However, if Tezos can't break out of the downtrend, the bottom of...

reven4nt

The weekly has been painting a textbook cup and handle for a while now, it's only a matter of time before this breaks out for an easy 2x+ Holder sentiment is quite negative causing capitulation right into the hands of smart money. Forget the memes, Tezos is a world class L1 blockchain with the chops to compete with Ethereum. This is an easy hold for anyone that...