Tezos looking beautiful, I now hold as much of it as LINK. That's saying something. Let's see if we can break above our .5 fib retracement.
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Literally as i was typing the idea it broke past the .5
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.5 in BOTH the channel and the retracement has been breached. Next target ~0.00344 at the .618
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Short term tracking for the moment
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At the time of this update we are stuck on/around the .618 channel line. This puts us close to a double top area from our highs a few weeks ago. I believe we will see a pull back in the coming days, maybe even today, but it will be short lived and mainly acts as a stop/liquidation hunt. I believe new ATHs are just months away. Maybe weeks.
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Any chance in hell we can make it 3?!
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C O N S I S T E N T
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$3 Incoming, can't believe this fractal played out 3 times
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More bullish patterns. At this point I'm considering starting to take profit though, so much good can't last forever. I've certainly moved stops up quite far.
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Picking up a bit more as we near the .5 line in our channel. And will pick up more if we near the .5 of our retrenchment. Just a note, I'm actually investing/longing in the XTZUSD pair. But tracking here is helpful.
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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.