Tezos appears to be in an accumulation and ascending Livermore cylinder.
Wow what a crazy day yesterday. I look at the charts and tezos is down 25 percent and as I'm doing my work i see some news on a few different alts. Apparently XTZ, Chainlink, and some others are getting Grayscale Trust set in the works. I look at the charts again and i see the biggest 4 hr candle in xtz history. From 2.30 to 2.90 it pushed in one single green dildo. The volume was also record setting. Yesterday looked like a huge , and i fucken hate this term, "shakeout". One by Blackrock who is now acquiring BTC and by Grayscale looking to pick up cheap alts for its trust. This is a very huge change in trend and things are just starting to pick up. I really hope nobody sold yesterday and instead bought more. BC thats what you should be doing right now. Buy every pan (market wide) sell off of that magnitude.
BTW i loaded up on BTC at 28k bc the bottom is in.
Wow what a crazy day yesterday. I look at the charts and tezos is down 25 percent and as I'm doing my work i see some news on a few different alts. Apparently XTZ, Chainlink, and some others are getting Grayscale Trust set in the works. I look at the charts again and i see the biggest 4 hr candle in xtz history. From 2.30 to 2.90 it pushed in one single green dildo. The volume was also record setting. Yesterday looked like a huge , and i fucken hate this term, "shakeout". One by Blackrock who is now acquiring BTC and by Grayscale looking to pick up cheap alts for its trust. This is a very huge change in trend and things are just starting to pick up. I really hope nobody sold yesterday and instead bought more. BC thats what you should be doing right now. Buy every pan (market wide) sell off of that magnitude.
BTW i loaded up on BTC at 28k bc the bottom is in.
Note
target above 3.30. bullish AFNote
every time you see xtz pierce through and make new local highs, its safe to assume that it is telling you that is a trigger for bullish continuation. For the long term guys like me, we dont really care what it does. The trend has been and will continue to upNote
Potential reload zone at 2.97.Note
I wont be making an update until later on in the week. XTZ has a ton of momentum atm. Targets are 7 , 12, 20 for this year. longer term is 200+
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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.