Tezos cup and handleA lot of moonboys out there on twitter guaranteeing ATH and/or $10 by the end of the week. Hate to break it to you, it's not going to happen. But the good news is if this cup and handle formation comes to fruition we will likely close September above $9, which would be insanely bullish.
XTZUSD trade ideas
TEZOS there is a chance for an uptrend againXTZ Isn't it a diagonal here this a leading diagonal for wave iii here ?
Picture is painting similar price action same as BNB last year ... Coincidence???
I am assuming formation of leading initials with XTZ here despite bearish PA with BTC
Remember Tezos has inverse correlation with BTC and global financial assets
Puting some market orders here mildly
Invalidation below wave 2 of the lower order (red)
XTZ - Potential Cup & HandleTezos, which is bullish as hell in my book, has some great news recently and is funded by a couple large institutions for providing on chain products.
Gavin Wood has stated Tezos is the ONLY blockchain with the technology of the future (Web Assembly), while we are using current tech now, Tezos is way ahead of any competition on this front.
TA: cup and handle formation develops, we may have just hit the height of the lid, we should watch for a retrace here. The lid could extend higher before the retrace, but its a good time to start watching. I marked a couple buyin areas for XTZ. This could easily take XTZ to $14
This one is one of my top Alts for profit prospects. DOT, LINK, EGLD are currently my top ones. With the Parachains coming out for Dot, it is EASILY the most profitable coin. the profits from Kusama parachain auctions have been insane!!
Good luck
Tezos Bullish PropagandaI try to keep on looking at this magnificent crypto assets and compare it to last years runners like chainlink
Even if the tezos chart turns out to be a complex correction in structure
It will still lead to higher prices and therefore a bullish cycle for the years to come
it already triple bottomed for almost 3 years now
Historical Highs is inevitable
Keep Buying Kings