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Tezos medium term bull scenario (USD)
XTZUSD
, 1D
Long
XTZUSD: Tezos medium term bull scenario (USD)
Updated 

Expect more short term selling pressure as significant buyers remain on the sidelines until price capitulates one final time. The current chart is not appealing at the moment for traders with size - easily shown by the declining trading volume since 2019's high. Watch volume closely. Also, watch the Tezos price trend cycle throughout the day. When daily trading...

Tezos to $2.00 could happen quick
XTZUSD
, 1D
Long
XTZUSD: Tezos to $2.00 could happen quick

A few weeks ago I posted an ascending triangle chart of XTZ/USD when btc was around $7,700. I was of the opinion that bitcoin could head lower, dragging down tezos pair with usd. Things have changed and I am now bullish bitcoin, expect it to re-test ath's in 2020, and believe Tezos will be a huge beneficiary of any upcoming bitcoin gains. February 9 - 15...

Bitcoin to $20k by early April?
BTCUSD
, 1W
Long
BTCUSD: Bitcoin to $20k by early April?

I typically avoid diagonal support and resistance lines; however, wedges have been consistent indicators for me in the past. BTC has been trading in a falling wedge for the past 6 months. The longer bitcoin consolidates around resistance (top diagonal line) the more optimistic I feel about a sustained breakout (ie, resistance flipping to support). If this...

Unusual Tezos volume on Kraken
XTZXBT
, 30
XTZXBT: Unusual Tezos volume on Kraken

Zoom out and look at the daily too - highest trading volume for Tezos btc pair on Kraken ever... and the day isn't over. Someone out there with huge bags is selling. Could be a sign that capitulation is near.

Tezos - through April 2020
XTZBTC
, 1D
Long
XTZBTC: Tezos - through April 2020

Tezos should retest its Binance btc pair high by early 2nd quarter 2020. Things could get silly once that top is broken.

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