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TETUSD

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.
Long
by altsandislands
TET Fundamental Analysis + BB tension!I have been watching TET from $18 rise to $45 and now back down to $27 where it is currently ranging. I am heavily interested in this coin over the next bull run and I think it has major potential to attract massive inflows in capital. Being the fastest blockchain in the world is gold marketing in the crypto world and I think it will catch on more than it already has. Any altcoin in a bull market will increase in value, but there are a select few that will take the cake. I think this may be one of the few. From this price, we can do 20x to 30x. The price per coin would be very expensive ($700-$900 per coin) considering the supply to the market cap but the actual price per coin is irrelevant. If you’re calculating based on market cap a 20x to 30x increase in the market cap I think would be easily achievable if our crypto total market cap can reach around $10 trillion, a 3x from the 2021 highs of $3 trillion. Another thing I want to look at is the Bollinger Bands are tightening and this always indicates one thing, a massive move. It doesn’t suggest up or down specifically but only increased volatility. When we factor in bullish market sentiment I think the BBs are indicating that a big move upward will happen shortly. This post is less about TA and more about fundamentals and macros. I think TET will do great in an altcoin portfolio over the next 12 to 18 months. DYOR and bring home those gains.
by altsandislands