Tezos is just an absolute beast, no denying. It has broken up its corrective wedge pattern on the daily and is making a run for the highs again. It's definitely in a possible area of resistance/consolidation based on the fibs but could just blast through it. It is right at the log .618 from the high but has surpassed the .618 on the arithmetic/linear scale. I included the BTC pair in the bottom right to illustrate how it appeared to be making a *potential* head and shoulders and broke that pattern strongly, which is typically a strong buy signal once the right shoulder level is broken.
Also, its basing pattern appears to be similar to Bitcoin and other major alts basing pattern so I think it's possible Tezos is leading here.
Also, its basing pattern appears to be similar to Bitcoin and other major alts basing pattern so I think it's possible Tezos is leading here.
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Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
