Its dangerous trading Alt-coins sometimes because they all rely on Bitcoin, but this time its different. Tezos has been a very well performing alt-coin, holding its own even though Bitcoin has been swinging to the downside lately. I see a very bullish trend which is very likely to continue.
Reasons to long:
-Tezos has broken out of a falling wedge pattern. To be extra careful, maybe wait for a retest of the wedge.
- No bearish divergence
- Very strong uptrend, irregardless of Bitcoin action
- Bullish daily candles with huge demand
- Daily candle about to bullishly engulf (wait for it to close)
- Very good project and talented team
This is not financial advice, please DYOR before opening a position
HEY EVERYONE! if you enjoyed the idea, please give it a like. For more ideas please follow me.
Thanks for your support, cya soon :)
Reasons to long:
-Tezos has broken out of a falling wedge pattern. To be extra careful, maybe wait for a retest of the wedge.
- No bearish divergence
- Very strong uptrend, irregardless of Bitcoin action
- Bullish daily candles with huge demand
- Daily candle about to bullishly engulf (wait for it to close)
- Very good project and talented team
This is not financial advice, please DYOR before opening a position
HEY EVERYONE! if you enjoyed the idea, please give it a like. For more ideas please follow me.
Thanks for your support, cya soon :)
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.