btc is continuing to coil up . accumulation has been forming in a very clear upward trend. buyers are happy to pay premiums. a big move is coming and i see up as the only direction that makes sense especially with sentiment and fear at historic lows.
there is still more move ahead. we may dance around on this level all day but i still expect another rip up. the target is the yearly ATH around 4 dollars. i do see us hitting 4 dollars this month. from there i do see a nice pull back. be aware the pull backs will be smaller and smaller as we rally up. there will be no cheaper entries on the way up if you are not...
in the cryptosphere China shop is XTZ. well that is what it would look like as an outsider looking only at the price moves that tezos has made in the past year.. But we know better. There are no mistakes in the charts. Every movement is calculated and precise. Common patterns and fractals repeat in many extremely bullish charts simply because human emotion is the...
wow what an incredible few weeks it has been. if you have not been following the traditional markets i suggest that you make yourself familiar with them as they are extremely important especially in these historic times that we are living in. i would highly recommend that you understand the 10 year yield and how it effects the traditional markets. it is another...
we are going way higher. this is somewhere around the top of the resistance. on a macro scale we actually have hugged that resistance for quite some time and have tested it many times. looks like we are going back up to test it and will finally blow through it. if bitcoin doesnt blow up this year, with all of this funny money flying around, it may be time to hang...
but i really like this chart. composite man may have acquired some dirt cheap litecoin and is ready to go back towards the top of the pennant which is around 85 usd. i do like using other charts to help guage the strength of the markets. i expect volatility to resume very soon. be safe out there.
just a little fun and break up from the monotony of day to day locdown.the next leg up will be very impulsive and i expect the first target will be 5 dollars.
looking incredible against bitcoin. nice job market maker. xtz to usd is looking extremely powerful as well. this is great news for holders. not great for those looking for a cheaper entry.
xtz is in the process of a giant wave correction. the 21 week moving average is up for grabs and it looks like it may get a nice bounce off of this level. most think that there is little or no interest in tezos at this time as price action has decreased in the following weeks. however this is not the case. THE MARKET MAKER IS WAITING ON SIDELINES AND LOOKING AT...
Tezos has been just knocking on this door since we capitulated a few weeks ago. the market maker may have acquired his position and is ready to take us into the 2 dollar range again. or it could be a bull trap
looking left we can see, we are in a key battleground range. tezos has held PERFECT support during this entire correction. should we break above historical resistance, we should probably see tezos run up to at most the 78.6 which is 2.47. more realistic will be the 50 and 61 percent zones which is 1.79 and 2.05. i have not changed my mind that tezos will still...
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...
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.
both took a pounding the past few weeks and both are reacting very similiar. we need to break above 1.83 then confirm the break out. this also plays into the common fibonacci levels and will be the first true test that will let us know the direction of the next few months.