m00nsnacks

Breaking out of trading ranges part 2: Tezos vs. Ethereum

Long
COINBASE:XTZUSD   Tezos
Yesterday I highlighted what Tezos would look like if it followed Tesla's recent trading range breakout. $3.50 within a few months is fun to think about.

But what would happen if this xtz trading range breakout were to mirror Ethereum's from 2017?

Bottom line is Tezos is now in price discovery. Its ok to let your imagination run wild.
Disclaimer

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.