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.
Tetusdt
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
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.
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.