Hi there,
proud to see that predictions are playing out well! We saw only a small pullback of 10% (on little Volume) at the 2.25$ resistence Level (little blue box) and now we see Tezos moving higher - probably to the expected pricelevel in the big blue box at the top of the projected uptrend scenario. If looking for an entry be careful with the actual RSI Levels as we become close to overbought at the macro-levels.
By the way -there are two things that make me extraordinary bullish about Tezos (besides the tech and up an running yield system):
first it seems to grow mostly unrelated to BTC although that bad boys is eager to grow again right now.
On the second hand the growing rate itself does not seem to achieve these kind of dramatic and parabolic characteristics we often see in the crypto space..... To me it looks like a solid growing asset class but it might be to soon to say much about that I guess.
Everybody enjoy your sunday!
proud to see that predictions are playing out well! We saw only a small pullback of 10% (on little Volume) at the 2.25$ resistence Level (little blue box) and now we see Tezos moving higher - probably to the expected pricelevel in the big blue box at the top of the projected uptrend scenario. If looking for an entry be careful with the actual RSI Levels as we become close to overbought at the macro-levels.
By the way -there are two things that make me extraordinary bullish about Tezos (besides the tech and up an running yield system):
first it seems to grow mostly unrelated to BTC although that bad boys is eager to grow again right now.
On the second hand the growing rate itself does not seem to achieve these kind of dramatic and parabolic characteristics we often see in the crypto space..... To me it looks like a solid growing asset class but it might be to soon to say much about that I guess.
Everybody enjoy your sunday!
Note
edit: the longer I#m looking at the chart, the more important the 2.89$ level seems to become in my eyes. I see good chances that we see a bigger Pullback from here to test the little blue box or the neckline area:
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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.