I am still some what neutral on BTC pre-halving but it also seems bottomed out. Worst case scenario is 7900 but really not likely. It will probably level out in the 8500 range and go "volatile sideways" for a while.
This short term "bearish" scenario is still long term bullish. I think 2.40 will be a great buy. I will also publish the BTC chart I referenced in the title.
"Close enough pump it." Words of wisdom from a friend in the Telegram channels lol. Only bearish indicator I can justify is the Stoch still not touching zero on the daily. But several strong fundamental developments in the Tezos ecosystem... new exchanges announcing margin trading... plenty of reason to Hodl a bag from here.
Hope some of you were able to make some money on all this volatility. I just sat on my hands mostly. Stacked at 3.05 and 2.75. Apologies for not calling the (local) top. Seems this inverted head and shoulders should shoot us back to at least 3.25.
Time to see if that last call plays out. Regardless of what happens next I will be hodling, and if the opportunity comes I will be buying more. Hope everyone is enjoying the ride. :)
Got a lot of factors here to consider with BTC still being moody, however more and more, Tezos Taco Badger proves to remain un-shaken. Gonna make an educated guess that we break by weekly candle change.
Check my Twitter for a fun fractal I found looking into examples of golden crosses. Lets see what happens.
So I am keeping in mind that BTC could ruin this party, but if the market holds this is a potential path to my original short term moon target.
Posting for future clout. My "craziest" outcome for Tezos, if it stays in TOP 10 through-out Bitcoins Halving Process. Gonna be a while before we can even see the candles really lol.
Honestly this chart made me more bullish than the last one. Not too crazy to consider $4 a target by end of Feb... Especially if BTC moves up as XTZ/BTC approaches and most likely dominates ATH. I see why some argue we are not truly in price discovery...but same outcome it seems. ;)
Pretty excited about how this is playing out. Let's hope for a trend continuation.
Here we are knocking on heavens door. Called this run a while back (check my Twitter feed). Took some profit and holding my initial investment for potential price discovery. If it fails I plan to scale back in heavily between 1.50-1.25.
For BTC I am thinking we are about to see some prolonged sideways action...hopefully opening up the door for a prolonged alt season this time around. ;)
It might look a little something like this. Merry Christmas, Happy Holidays. I hope to see us all in lambo land next year. :)
Im so long on Tezos that I really don't care if I am right or wrong about any of this, but I did just find some very intriguing lines after todays price action. :)
Hope everyone is enjoying the Holiday season. No idea what bitcoin is planning to do but here are some pretty lines for you.
Probably my favorite project, so I battle with my bullish bias when charting this one. Honestly I don't trade it at all, I am long AF on the #XTZ #HODL, but wanted to share my TA doodles with you anyway. Anything over 1.30 USD is still a strong uptrend. See you on the Top 10 CMC soon. Enjoy and be safe.