cyberalchemy

XTZ headed for a fast rise and fall?

Long
COINBASE:XTZUSD   Tezos
I'm disappointed that XTZ didn't break out already for an ATH before the new moon. I was still optimistic until this morning when I learned that a whale withdrew 625,000 TXZ worth $2.1 million from Coinbase at 18:36UTC. Now it seems unlikely that we'll see much higher than $3.95 or so as we hit the next high in the current channel. Then I expect a sharp dip back down to $3.08 or so before the new moon. As you can see from the chart, the dip usually precedes each major lunation.

I still have faith in Tezos and expect an ATH soon, but I'd say we'll probably have to wait another couple weeks for the next shot just before full moon.

Clause de non-responsabilité

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