Its dangerous trading Alt-coins sometimes because they all rely on Bitcoin, but this time its different. Tezos has been a very well performing alt-coin, holding its own even though Bitcoin has been swinging to the downside lately. I see a very bullish trend which is very likely to continue.
Reasons to long:
-Tezos has broken out of a falling wedge pattern. To be extra careful, maybe wait for a retest of the wedge.
- No bearish divergence
- Very strong uptrend, irregardless of Bitcoin action
- Bullish daily candles with huge demand
- Daily candle about to bullishly engulf (wait for it to close)
- Very good project and talented team
This is not financial advice, please DYOR before opening a position
HEY EVERYONE! if you enjoyed the idea, please give it a like. For more ideas please follow me.
Thanks for your support, cya soon :)
Reasons to long:
-Tezos has broken out of a falling wedge pattern. To be extra careful, maybe wait for a retest of the wedge.
- No bearish divergence
- Very strong uptrend, irregardless of Bitcoin action
- Bullish daily candles with huge demand
- Daily candle about to bullishly engulf (wait for it to close)
- Very good project and talented team
This is not financial advice, please DYOR before opening a position
HEY EVERYONE! if you enjoyed the idea, please give it a like. For more ideas please follow me.
Thanks for your support, cya soon :)