Tezos Ready for Big Breakouts as Technical Pattern Points to Trend Reversal

Popular cryptocurrency analyst and expert trader Michaël van de Poppe said that Tezos ($XTZ) is a decentralized computing platform that supports smart contracts, poised for a big breakout, indicating a technical pattern on the cryptocurrency's chart.

In a tweet shared with his more than 600,000 followers on microblogging platform Twitter, van de Poppe noted that Tezos' price chart shows a double bottom structure, a pattern in technical analysis that describes a change in trend and a reversal of momentum.