XTZUSDT🌟Tezos began the cycling of rising recently and its now in a good shape to enter or invest for long term situation
🌟the cycle will have some pullback and dips too but the overall bias is certainly bullish and heads for our targets
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Tezos
🆓Tezos (XTZ) Aug-19 #XTZ $XTZThe buying power has appeared at the important support area at $3.2, if it does not lose this zone, in the next few days, XTZ will increase strongly to the area of $4.3 and $5.5. But if it loses the $3.2 zone, it will fall back to the $2.6 zone
📈BUY
🔴Buy : 3.12-3.28$. SL if B
📉SELL
🔴Sell : 4.2-4.4$. SL if A
🔴Sell : 5.4-5.6$. SL if A
♻️BACK-UP
🔵Sell : 3.12-3.28$ if B. SL if A
🔵Buy : 2.54-2.66$. SL if B
❓Details
🕯Timeframe : 1 Day
📈Red Arrow : Main Direction as BUY and SELL section
📉Blue Arrow : Back-Up Direction as BACK-UP section
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of candlestick is Above the zone
🅱️B : The Close price of candlestick is Below the zone
XTZ About to Breakout!!?XTZ has been travelling along the descending channel since mid June, we are getting a strong push upwards at the moment looking like we are about to breakout against BTC. Keep in mind this TA only stays valid if BTC doesn't swing the market, if BTC dumps we should expect the same for the market. Now first looking at our current breakout spot we are looking very strong pushing slightly above the top of the channel, we are also looking at the nearby pivot point just above us, a break above here and a close on the daily would be very bullish, we would likely get an overall trend reversal. Looking at the Bollinger bands we are also looking great we are seeing some squeezing within the bands and that usually means volatility is shrinking and a big move usually follows, we are also almost at the top band which is very bullish, if we can grab on and start climbing the top band that will likely ignite a big run. If this plays out i can see us easily going upto the R1 resistance. The RSI is looking good we have climbed up and above the midpoint which is very key, if we can see a further push up and hold above this midline we are looking fantastic, we would be looking at a confirmed uptrend, which xtz could really use right now! we can't slip below again and struggle to find a way back up because then we will be back in a confirmed downtrend. REMINDER, BTC controls the market and we could get crushed if BTC decided to dump so always keep that in mind because it could completely void this TA, Not financial advice just my opinion!
XTZ Weekly Ripe With Potential. I think the MACD and Stochastic RSI say enough.
I expect to see the $10 resistance tested by mid fall should this indeed become a breakout.
Could find some resistance around $7.15 but the indicators will tell us everything as this trend develops.
I have been following this asset for some time (see related idea for reference).
Trade safe. Not Financial Advice.
Tezos XTZUSDT - Ascending channel + Next target- Tezos XTZ Rank #45, Volume 24h $141,285,330.
- On the chart we an spot an ascending parallel channel.
- RSI is prepared for another pump.
- Last time - Rejected by 0.786 FIB and ascending channel!
- For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio (RRR) - please check my signature below ↓
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Tezos (XTZ) - August 12Hello?
Welcome, traders.
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Please also click "Like".
Have a nice day.
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(XTZUSD 1W Chart)
If it rises above the 4.419243 point, it is expected to create a new wave.
(1D chart)
If the price holds above the 3.34063 point, it is expected that the uptrend will continue.
The section 3.34063-4.419243 is a volume profile section and is expected to create a new wave if it breaks through this section upward.
If it declines from the 1.85532069 point, there is a possibility of entering the mid- to long-term investment zone, so you need to trade cautiously.
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(XTZBTC 1W Chart)
If the price is maintained above the 6690 Satoshi-9730 Satoshi section, it is expected to turn into an uptrend.
However, in order to get out of the trough section, it must rise above the section 14930-17620.
(1D chart)
We need to see if we can get support by going up to the 7880 Satoshi-8500 Satoshi section.
To continue the uptrend, it needs to rise above the 8500 Satoshi point.
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We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves.
------------------------------------------------------------ -----------------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** See support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
Explanation of abbreviations displayed in the chart
R: A point or section of resistance that requires a response to preserve profits.
S-L: Stop Loss point or section
S: A point or section where you can buy to make a profit as a support point or section.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they are not traded 24 hours a day.
G1 : Closing price when closed
G2: Opening price
(Example) Gap (G1-G2)
XTZ Potential Drop Before Taking off!?XTZ has been moving somewhat sideways but slightly upwards for the past month and a bit and it looks like we could be in for a little drop coming up soon, i imagine that we will see a drawdown to the pivot point which is about -9-10% from where we are now, however i do really think we are going to catch support and get a bounce, if you take a look at the bollinger bands you notice the midline which right now acts as support lines up perfectly with that pivot point that acts as support, i think its likely that we will atleast see a bounce on the first wick down. Keep in mind that BTC is a big factor in this, if BTC decides to pullback or drop we can expect the same for the rest of the market. The MACD is looking a little shaky we see our Blue MA approaching the orange one while pointing to the downside, i think we are likely due for a bearish cross in the coming day/s. Our histogram is slowly cooling down printing lesser green bars than the previous and we are coming up on the midpoint where we could see this flip to red. Think a little cooloff or pullback is due before we see a big run for XTZ here but keep in mind BTC plays a huge factor so always remember that, very bullish on XTZ longer term i believe it is a great project and will be looking to buy the dips. Not financial advice just my opinion!!
xtz , TezosThe resistance of $ 3.33, which coincides with the average resistance of 100 days, if it breaks, it can reach the first target in the short term.
It has now emerged from the Ichimoku cloud daily, forming a small green cloud.
I put it on the watch list and set an alarm that if break resistance or reach the buying range at a low price, I will enter the trade.
TEZOS - On increase trend - Data shows interesting targets.Hello trading friends,
Tezos shows an interesting target for the new increase trend.
Possible TO see tezos with new trend increase coming time, as the data of trends shows new volume entering tezos.
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# Manage always your risk, nobody knows the future - all depending on Data, trends, and whale effect
All our charts are not advice and you are responsible for your own investment
Tezos Possible positive reversalTezos shows a double bottom, a strong double rejection of the $ 2 support resulting in a new peak higher than the last one, crossing the 200 EMA giving what looks like a possible confirmation of a reversal of the downtrend. In case of breaking the resistance of 3.1 USD expect a strong bull run.
Tezos (XTZ) - July 19Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(XTZUSD 1W Chart)
If the price holds above the 18.5532069 point, it is expected that the uptrend will continue.
(1D chart)
It remains to be seen if the 2.31528369-2.83410604 section can find support and move up.
If the price is maintained in the 2.83410604-3.87175079 range, the uptrend is expected to continue.
If the 2.31528369 point declines, you should check for support at the 1.73723670-1.85532069 zone.
--------------------------------------
(XTZBTC 1W Chart)
We will have to wait and see if we can climb from the bottom box section, 6690 Satoshi-14930 Satoshi.
If the price is maintained above the 14930 Satoshi-17620 Satoshi section, it is expected to create a new wave.
(1D chart)
It is entering the mid- to long-term investment area by falling from the 7900 Satoshi point.
We need to see if we can find support in the 7270 satoshi-7580 satoshi section and climb to the 7900 satoshi-8510 satoshi section to get support.
------------------------------------------
We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves.
------------------------------------------------------------ -----------------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly as price and volume move.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** See support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
Explanation of abbreviations displayed in the chart
R: A point or section of resistance that requires a response to preserve profits.
S-L: Stop Loss point or section
S: A point or section where you can buy to make a profit as a support point or section.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry through split trading.
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they are not traded 24 hours a day.
G1 : Closing price when closed
G2: Opening price
(Example) Gap (G1-G2)
Tezos Facing Key Rejection in Bearish Chart FormationTezos is appearing to have a fundamental breakdown of the key trendline of this uptrend. What was support for over 900 days now appears to be acting as resistance and that is a very key rejection for Tezos to be facing. Simple targeting on the overall structure is shows with the bold black and red fib retracement and the the fib retracement of the head and shoulders is shown on the orange and black retracement.
Tezos has been pretty wicky on almost all the exchanges it is traded on and that can make target setting on chart formations rather difficult but I think we have a fair approximation with the orange targeting. Full performance on these target might take a while, like 4-6 months but very likely there will be a standout red candle that makes up the bulk of the move.
I do a lot of charting on BTC but that is to help my crypto trading on alts. As it stands right now I am holding stable coins & fiat taking this short.
Here us the rundown of why I continue to be bearish, but this time centered on Tezos, using the weekly chart below with the chart above we see
Under the 20 week SMA
Under both weekly VSTOP and 3x VSTOP
Weekly MACD is crossed bearish
Weekly OBV is below the 20w SMA
Mega bearish reliable chart formation
Flipped long term trendline from support to resistance
I don't know how your system works, or why you may be bearish or bullish but to me this is a bearish set of circumstances.
charts I'm still working on in the background
Major stall at what would become the the 0.618.
This wedge is the formation that got me looking at this trade. The MACD EMAs are always very interesting to me. I circled where they have crossed on the the main chart (which would be the MACD crossing zero) and where the MACD crosses the signal. Look for interactions way more than I should. I'll be placing a stop for guaranteed profit shortly.