Breaking out of trading ranges: Tezos vs. Tesla
Weird comparison - I get it.
But I want to showcase what can happen when something breaks out of a long-held trading range. In the week of December 16th, Tesla broke out of its 2.5 year trading range and has since climbed over 150%, culminating one of the most impressive month and a half runs ever.
Similarly to Tesla, this past Sunday, Tezos broke out of its trading range that it held for nearly a year and a half. This idea illustrates where Tezos would be it it followed Tesla's breakout pattern --- roughly $3.50 by the middle or end of March.
But I want to showcase what can happen when something breaks out of a long-held trading range. In the week of December 16th, Tesla broke out of its 2.5 year trading range and has since climbed over 150%, culminating one of the most impressive month and a half runs ever.
Similarly to Tesla, this past Sunday, Tezos broke out of its trading range that it held for nearly a year and a half. This idea illustrates where Tezos would be it it followed Tesla's breakout pattern --- roughly $3.50 by the middle or end of March.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.