Tezos (XTZBTC) Ultra-Bullish · Short-Term Growth PossibleHere you have an ultra-bullish chart. The trend reversal is already confirmed and we have a higher low in place. That is, we have the initial bullish breakout after the early July low. This bullish move produced a retrace and the retrace ended as a higher low. As the higher low also reached its end, the next move is the continuation of the initial bullish breakout, the resumption of the bullish trend.
This chart is ultra-bullish. The signals are already confirmed and the action is already happening since early last month. Since we have a true bottom and years of sustained bearish action, we can expect the reverse now to unravel, an uptrend. Higher highs and higher lows.
Tezos vs Bitcoin (XTZBTC) looks great and it seems this pair is ready to start its third wave. A third wave tends to be super strong, huge momentum and volume ending in a major high. A multiple years strong high. And yet, this would not be the end. After wave three we get wave four, which is a correction and then one more final wave, the fifth wave.
Everything is good and the market looks great. Tezos is preparing to grow, a bullish continuation next. Crypto is going up. Bitcoin will also grow. We are approaching the 2025 bull market bull run phase.
Namaste.
