I posted on Tezos a week or so ago. On the post I noted how price was potentially establishing a higher low. Well, today I update you with confirmation. Below is the daily chart of Tezos.
Here, I placed whaat I believe is the bullish channel of Tezos. Keep in mind that channels do not have to be perfect. At times price will overshoot the channel. This simply means that price is getting away from itself. Normally price eventually returns to the mean.
I really like Tezos heading into the summer as I project that its consolidation will end and an additional leg up will commence. Keep an eye on Tezos! Bias: Bullish.
Here, I placed whaat I believe is the bullish channel of Tezos. Keep in mind that channels do not have to be perfect. At times price will overshoot the channel. This simply means that price is getting away from itself. Normally price eventually returns to the mean.
I really like Tezos heading into the summer as I project that its consolidation will end and an additional leg up will commence. Keep an eye on Tezos! Bias: Bullish.