proof_of_shill

proof_of_shill Updated 

Tezos is reaching a critical decision point where long term ascending trendline meets shorter-term downtrend. With what seems like the precipice of alt-season, coupled with the strong price rebound and reclamation of said trendline after the at crash a few days ago, I'd expect XTZ to make an upward break and begin posting some strong gains going into 2021. Not to...

proof_of_shill

Tezos reclaimed a long term trendline against BTC after finding strong support at 30k sats. A really nice bounce off the 50RSI as well, something we've seen alts do before continuing back up. A close near 40k sats would put us on track for a significant leg up. As the triangle is closing the move could come sooner rather than later.

proof_of_shill

Long term game, XTZ looking like it's turning its former ATH around $3.95 into strong support, consolidation before the next leg up. Upper end of the channel ~$6, but as we're entering what could be a pretty impressive bull market for much of crypto I'm not gonna put an upper limit on this. Tezos is one of the stronger projects in crypto IMHO, and with continued...

proof_of_shill

Pretty simple setup here for a possible long. Tezos sitting right at its 200 day MA and clear bullish divergence. Also a nice double bottom has formed signaling the downtrend and consolidation period may be winding down, with upward moves to come. First target $2.43 followed by $2.60.

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Here's what I see playing out in the upcoming days for Tezos. We have a strong confluence of support with the 50 day moving average, horizontal resistance turned support, top of the Kumo cloud, AND the tenkan-sen all converging in the lower to mid $1.40 range. I strongly doubt we break below these levels as that's an enormous amount of support converging. Once we...

proof_of_shill

Just a quick follow up to my last post linked below. We've broken the $1.40 level. Looking for a brief pullback to complete the S/R flip and then continue onward. RSI looking solid and near the level where previous runs took off from. No major resistance again from here til the ATH ($1.80-1.85) level. If we can close above that on the daily and push higher we'...

proof_of_shill

Looking at the daily, Tezos is in an ascending triangle. Keeping my eyes open for a break of the $1.40 level as we have two clean rejections at that price point but posting higher lows after each rejection. A break upwards could result in some really nice price action as the entirety of the crypto space continues to heat up. We also have a bullish TK cross above...

proof_of_shill

We have our first new candle formations above the downtrend on both the 1 & 4 hour charts since we topped out around $1.80. Eyeing strong closes above $1.35 for confirmation, which would also move us into the Kumo. A bullish TK cross on both hourly & 4 hour would further confirm reversal trend and keep us above the cloud of the daily. It's possible if BTC keeps...