TectumThe most important weaknesses of this currency are as follows:
1- The team is very weak compared to the claims made on this network. Many of these currencies have come and gone in the history of the crypto world.
2- Low market cap
3- Lack of a few real supporters
4- More than 73% of the tokens are held by 10 wallets, which is a serious weakness for a cryptocurrency.
The most important strengths:
1- Low market cap (buying such currencies is like buying a lottery ticket)
2- It has made a significant correction and if the market is bullish, it can hit a new high from a chart perspective.
3- The number of tokens is fixed and there is no inflation rate.
Experience has shown that two scenarios are possible for such currencies. The first scenario is that this currency will be destroyed like thousands of other currencies that have come and gone.
The second scenario is that we are at a historical low for this currency and it recovers again and reaches high market caps.
I consider the second scenario less likely, but this is not a reason to ignore its chart.
In my opinion, the $2.17 range could be suitable for buying. The selling ranges are also indicated.
Tectum
Tet , an updateThe problem with young charters is that you can’t tell where’s the hell’s reached or not , you just assume by what you expect from the time and that’s not always working and you Foed up lol . I just added level 1.5 of the pitchfork to almost the same chart and it’s starting to make sense, suggesting adding another bag to level up your game, wait patiently and see what’s going to happen, it’s an ambitious project and possible game changer so worth waiting with a small bag .
Remember to DYOR , stay safe fam
Promising tectumImagine trying to beat lightning network and make bitcoin acceptable worldwide with millions of tps and more privacy and less fee ! Yet sitting 470th on the market cap . Do you believe bitcoin cycles pop soon and price soars? Then we need a solution and i wanna add some tet as a bet to my portfolio. app is imminent and under review so another good news . There’s only 10 million of tet will ever exist so i say 8$ is a deal . We might go straight to ath from here and that’ll be senario one or play in the box in a boring market and go for senario 2 ( purple) which is less likely.
Always dyor
Stay safe fam
TETUSDT 1.3X LONG OPPURTUNITY | BREAKOUTRegarding my last post we looked at the Bollinger Bands which were tensing up indicating a volatile move in the near future. That move happened and we are seeing upward momentum. Tectum has broken out of this downward trend and according to the TA its very possible we see a pump up to 130% around the $70 dollar level. This would be retesting an ATH which happened November 22, 2024 due to a whale's inflow. The highest close we have received was at $45.52 and this move could easily surpass that price point as well.
DYOR and bring home those gains.