I'm still bullish on XTZ. looking at the mid term, (2 weeks) I see xtz easily reaching 6$. As BTC xtz pair begins to flip, xtz usd will surge. This is currently in process.
the above chart shows strong RSI, and macd moving up. I also see the identical pattern that happened early January when BTC first dipped. I expect XTZ to recover and move to 6$ over the next couple weeks (early march). I see an 8$ xtz price by summer. This will probably coincide with a massive BTC movement to the 100 -200K area.
again, this is all just an idea based on observation and discernment of the current economic state. The dollar is becoming weaker and people are anxious to invest, even blindly. I expect some very extreme movement in the stock market and other markets over the coming months. Personally my goal is to move to silver and real-estate once the next crypto surge completes (btc 100k -200k) Whats yours?
good luck.
تعليق
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small update on this idea
تعليق
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This chart played out pretty nicely. A little longer than the calculations gave but It still followed the main principles. Preparing for a new move up. See my new chart for details.
Your getting a follow from me my friend also keep in mind that Tax return dollars will be flowing in around that same time frame your talking about so the folks that don't wait until the last min and get taxes done early will also get stimulus money sooner.
The_Yeager
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@paypay9000, thanks Paypay! good point about new money coming in.
chadbchilln
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Very interesting idea here, I am a believer in such patterns. Current pattern is a bearish flag but it could be false, and we can just be in accumulation. If BTC acts right I can see it breaking up like you say. Will be sure to follow up on this, nicely done.