ProjectSyndicate

XTZUSD 4H 25% pullback possible(NEW)

Short
COINBASE:XTZUSD   Tezos
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XTZUSD 4H 25% pullback possible(NEW)
IMPORTANT: this is a speculative setup, performance
is not guaranteed, so please use a tight stop loss.
and always do your own due dill. thank you.

Ok guys let's take a look at 4hour chart of Tezos.
My take is that 5 wave sequence is almost complete
now, if we project wave5=wave1, then price will likely
max out soon near 2.5 max, and then expecting A/B/C
correction. Likely a 25% mark down, target is 1.75.

Now yes, I do realize that if Tezos pulls back,
everything else will also pullback, so for now
just stay tuned for new updates, I will review
charts later if I see any SOWs(signs of weakness)
across the board.

For now, pullback is highly likely in tezos, because
price got too overextended, so naturally pullback
required before price can push higher.

good luck traders!

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