Why Tezo's could explode to the upside

٢٤ أغسطس ٢٠٢٠

If we look at the XTZ/BTC chart we can see that Tezo's is forming a MASSIVE multi time frame flag on the cross. If this midterm support level in the XTZ/BTC cross does hold. We are due for a MASSIVE upside break in Tezo's. You can see in the past where Tezo's usually consolidates before a move up. We have seen a ton of coins popping off for moves. ATOM, LINK, etc... Tezo's seems to be the next on the list.

The XTZ/USD chart also looks very good. We are at a massive support zone that has been confirmed a few times. If this level does indeed hold, it will catapult it much higher. Once the XTZ/BTC cross start's breaking to the upside, we will everything rocket higher.

Targets. If we measure the breadth of the Tezo's move it gives us a .0006 target on the cross. If USD really gets going I would imagine our earlier $5-$6 target get's hit easily. With the possibility of $10 if things really start going like atom or link.

Things could get interesting,
-sherem

٢٧ أغسطس ٢٠٢٠

ملاحظة

I still have my XTZ bags, but this trade is done for now. We will most likely pullback to $3 from here and lower if that area does not hold.

٣ سبتمبر ٢٠٢٠

ملاحظة

While I am out of my trading bag on XTZ, I still have my hodl bag. Be mindful, we could see this thing hit $1.5-$2.00 if we get a massive sell off.

٤ سبتمبر ٢٠٢٠

ملاحظة

Weekly flag is still in tact. Entering long here from $2.66 for a bounce up to $3.2, possibly much higher if we get going. We will see what the weekend brings.

١٠ سبتمبر ٢٠٢٠

ملاحظة

Weekly flag is still in tact.

١٣ سبتمبر ٢٠٢٠

ملاحظة

Massive shake out, but this XTZ/BTC cross is still holding. This idea is still in play. If we get USD buying AND cross XTZ/BTC buying, we will hit our $10 yet. MACDS turning up, XTZ/BTC at massive support moving off ofit. Heads on the swivel people.

١٨ سبتمبر ٢٠٢٠

ملاحظة

XTZBTC flag broken down :-/

XTZ's only saving grace at this point is that USD has not gone done further.