XTZUSDT (Tezos) - Coin of the Week Tezos is a blockchain network that is similar to Ethereum in that it is built on smart contracts. However, there is a significant difference: Tezos aspires to provide more advanced infrastructure, which means it may develop and improve over time without the risk of a hard fork. Since their inception, both Bitcoin and Ethereum have suffered from this problem. People who own XTZ can vote on protocol upgrades proposed by Tezos developers.
This open-source platform claims to be "safe, upgradable, and built to last," and claims that its smart contract language delivers the precision needed for high-value use cases. Tezos claims that its methodology makes it futureproof and that it will “remain state-of-the-art far into the future,” implying that it can adapt to changes in blockchain technology.
Technically, on the big timeframe XTZ finds itself like all the big market cap cryptos in a weekly downtrend. If we look on the 4h timeframe we see a structure that has a high probability of going higher to retest at least the resistance area marked on the chart. However, we advise caution because we are in a big downtrend, this up move can be corrective and the next big move can be sharp and fast to the downside.
Trade with care.
Best regards,
Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
Tezos
Tezos (XTZ) - July 2Hello?
Welcome, traders.
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(XTZUSD 1W Chart)
If the price holds above the 1.73723670 point, it is expected that the uptrend will continue.
(1D chart)
We need to sideways on the 2.83410604-3.87175079 section to see if we can turn to an uptrend.
In particular, it remains to be seen if it can move above the 3.34063 point.
If it goes down, you should check to see if it finds support at the 2.31528369-2.83410604 area.
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(XTZBTC 1W Chart)
To switch to an uptrend, the price must rise above the 9730 satoshi point to hold the price.
If it rises above the 14930 Satoshi-17620 Satoshi section, it is expected to create a new wave.
(1D chart)
It remains to be seen if the price can be maintained in the 5810 satoshi-9740 satoshi section to turn into an uptrend.
If it goes down, you should see support in the 7900 satoshi-8510 satoshi zone.
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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 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)
Tezos (XTZ)|a massive bullish setupDifferent support and resistance levels:
On the day we timeframe chart, we can observe the different support and resistance levels. At the top, the price action has found strong resistance at $8 and after being rejected by this level it has moved down at the support of $2.30. From here the priceline of Tezos is likely to have another bounce. Now the priceline of XTZ has the different resistance levels to be broken out. 1st we have at $3.20 then $4.50 then $5.50 and then $7 and $8 will be the final resistance.
Re-entered the pennant:
On the same daily time frame chart, It can be also noticed that the price action is moving in a pennant. On the 22nd of June, there was a drastic drop in the complete market and the price action of XTZ followed the market trend in broke down the support of the pennant for a while. But this was a fake-out and the price action of XTZ has re-entered the pennant and moving to the upside to make another attempt for the breakout. If the price line will be able to break out the resistance of this pattern then the next target can be e the tail of this pennant. Which is approximately $4.40.
Big bullish Shark move:
On the weekly time frame chart, XTZ has formed a bullish harmonic Shark pattern. The buying area is too wide therefore I would recommend using $1.80 as stop-loss because here we have very strong support.
The buying and sell targets of this pattern as per the Fibonacci sequence are:
Buy between: $2.26 to $1.80
Sell between: $3.69 to $6.78
As per the above targets, this trade has a big profit possibility up to 276% and a loss possibility is up to 21%.
Conclusion:
If the price will break out the resistance of the pennant on the daily time frame chart, then it can lead to the execution of the bullish Shark pattern that has been formed on the weekly time frame. And once the price action of XTZ will be reversed bullish from the big pattern of bullish Shark then it can make another attempt to break out the final resistance at $8.
Tezos (XTZ) formed bit Shark for upto 276% big moveHi friends, hope you are well and welcome to the new update on Tezos (XTX) coin.
On the weekly time frame chart, XTZ has formed a bullish harmonic Shark pattern. There is strong support at $1.80 in the buying zone.
The buying area is too wide therefore I would recommend using $1.80 as stop-loss because here we have very strong support.
Tezos (XTZ) Hi there
long time no see
I just add tons of XTZ to my portfolio
for new friends who just joined crypto, Tezos is a coin created by a former Morgan Stanley analyst, Arthur Breitman. It is a smart contract platform which is does not involve in mining Tezos coins. It is a coin that promotes themselves on major ideas of self-amendment and on-chain governance. It is an Ethereum-like blockchain that hosts smart contracts. It allows the community to vote and improve its flaws. Any token holder may delegate their voting rights to others in the network. The coin uses a generic network shell which allow different transaction and consensus protocols that a blockchain needs to be compatible.
The source code is implemented on OCaml which is a fast, flexible and functional programming language which should suit an ambitious project and its technical requirements. Tezos’ proof-of-stake consensus algorithm is different from the delegated proof-of-stake (dPOS) where they go by the name liquid proof-of-stake. This liquid proof-of-stake that Tezos uses focus in filling the gap between both security and decentralization but still being able to take advantage of the benefits that delegated proof-of-stake offers. The staking process in Tezos is called “baking”. In this blockchain, bakers who make deposits will be rewarded for signing up and publishing blocks. However, if a baker commits any bad behavior the deposits will be forfeited.
targets 3 - 4 - 6
stop loss 2 - 1.7
see ya
Tezos could to forming a bulish rising wedge!!!I see that in Daily timeframe, Tezos it's in this strong support zone. And then, there's a lot chances that Tezos could to continue up to the next resistance of $4.40 USD. For that, will be my perspective in the market for this cryptocurrency.
s3.tradingview.com
And remember, we look a beautiful trend line up, for that Tezos make a lower higher in this trend line since November 2019 from around of $1 dollar. For that, Tezos could to growing up to $4.40 USD in the next resistance zone, this will be my target profit in Tezos.
Tezos it's into this simetric triangle!!!I'm in long position from the past week. And this it's just my update for who want to know the Tezos situation. Im in long posiiton from the price of $3.43 USD with the SL at $2.60 USD and my target will be $7.50 USD. And also, if you look for example: in H8 or H12 timeframe, Tezos form like a bullish divergence in H8 timeframe and in H4 Tezos could to form a Shoulder Head Shoulder (inverted), that could be a good signal for this cryptocurrency. But my main enfocous it's from Daily timeframe, I see a good panoramic for Tezos!!!
And also guys,I invite you to check out my Tezos recent analysis that you can to watch and know the panorami in 3 Daily timeframe.
This it's very key for Tezos!!!I see that Tezos could to continue up toward the resistance of $7.80 USD. Also, Tezos make a lower higher in the price if you mark a trend line up, and the strong support st $2.90 USD that I mark this horizontal line in bold. And I show the supports and resistances. Now, this it's my forecast how I see Tezos in the next trade. For that, I thinking to get a profit when Tezos reach the $7.80 USD buy. As I'm in long posiiton in this cryptocurrency, you can to buy this cryptocurrency in this accumulation zone to trade.
If you find up a broker to trade cryptocurrency. I'd reccomen to use Simple FX to trade cryptocurrencies, and also you can to trade Forex, commodities, stocks, and much more. I use cryptocurrency. The best that this broker do it's that you can to open up a multiple account in USD. Euro, or cryptocurrencies like Bitcoin, Ethereum, Cardano, Chainlink, XRP, Tezos, EOS, Litecoin, Bitcoin Cash, and much more funding in it. In my personal opinion, I use an Cardano account to accumulate Cardano. I been accumulate this cryptocurrency ADA to get my profits or loss in ADA. I have 3,455 Cardano (ADA) coins accumulate since April 2021 when Simple FX offer Cardano deposit, I just deposit 2,000 Cardano coins when I been began on April. In part that I have 0.44 BTC where I Sold my 10,484 Cardano (ADA) coins. But for that, I want to accumulate the enough Cardano.
But guys, this it's my reccomendation for you where you can to trade cryptocurrency and no matter if you deposit in USD, Euro or cryptocurrencies like Bitcoin, Ethereum or Cardano or what I mentioned above. Or if you want to trade Tezos to $7.80 USD, another good option for who are Tezos lover, you can to deposit Tezos and open up a Tezos account on Simple FX broker.
Tezos (XTZ) - June 14Hello?
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 3.34063000 point, we expect the uptrend to continue.
If it enters the long-term investment zone below the 1.73723670 point, it is likely that it will take a long time to rise, so you need to trade cautiously.
(1D chart)
We'll have to wait and see if we can climb above the 3.34063000 point.
If it goes down, you should check to see if it finds support at the 2.31528369-2.83410604 area.
It needs to rise above the 3.87175079 point to find support in order to turn into an uptrend.
If it rises after going sideways in the 2.83410604-3.87175079 section, it is expected to rise above the 4.62820566 point.
However, if it does not break above the 4.62820566-4.90939554 section, it is expected that the downtrend will continue, so careful trading is required.
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(XTZBTC 1W Chart)
You should watch for any movement that deviates from the 0.0000727-0.0000973 interval.
In particular, you need to make sure you can move up along an uptrend line.
It is expected that it must rise above the 0.0001211 point to turn into an uptrend.
(1D chart)
We should see support in the 0.0000790-0.0000851 zone and see if there is any movement outside the downtrend line.
To convert into an uptrend, it needs to rise above the 0.0000974 point and find 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 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)
I'm bullish in Tezos!!!Tezos it's so near to break out inminent. I decide to trade Tezos until 2 specific target. You can to get the target until $5.76 USD or keep this position until the $7.70 USD to touch the maximum price. Tezos price it's around of $3.50 USD and I buy 234 Tezos contract in Simple FX using my Cardano account to accumulate it.
Recently, I have accumulae 2,000 Cardano coins in my Simple FX account, that it's sum with 10,000 Cardano coins. But I want to talk about of one Cardano strategy that will be good for you and how you can to accumulate Cardano, and use this Cardano generated by your trading account to invest and hold by long term. This strategy it's called accumulate 1,000 Cardano coins, repeating tis proccess to get 1,000 Cardano coins and withdraw and generated another 1,000 Cardano coins.This it's fabolous for you if you beleive that Cardano it's your best cryptocurrency. MY GOAL IT'S TO REACH 20,000 CARDANO COINS.
s3.tradingview.com
This was the yesterday analsyis of Tezos, we see that Tezos it's look extremely bullish to $7.70 USD.
Tezos it's following this trend line to bull market!!!Tezos it's look good to trade, hold and invest in the $3 USD approximately. I like this cryptocurrency and I admire this cryptocurrency and it's so similar with Ethereum or Cardano, but in the future, I interesting to know more of this cryptocurrency to invest by long term. But my main enfocous it's in Cardano, but in the future, this cryptocurrency show us that it's a solid cryptocurrency that you can to invest now or in the future if you have your main cryptocurrency working day to day.
Tezos could to go back to $8 USD in few weeks.
$XTZ/USDT 4h (Binance Futures) Symmetrical triangle breakoutTezos has broken out of the triangle and is looking good for bullish continuation here.
Current Price= 4.069
Buy Entry= 4.014 - 3.906
Take Profit= 4.323 | 4.629 | 5.119
Stop Loss= 3.669
Risk/Reward= 1:1.25 | 1:2.3 | 1:3.98
Expected Profit= +18.34% | +33.78% | +58.54%
Possible Loss= -14.70%
Fib. Retracement= 1.414| 1.764 | 2.272
Margin Leverage= 2x
Estimated Gain-time= 2 weeks
XTZ Global landscape 777 zone?The price is moving in an uptrend.
Important areas to work with are indicated.
What Is Tezos (XTZ)?
Tezos is a blockchain network that’s based on smart contracts, in a way that’s not too dissimilar to Ethereum. However, there’s a big difference: Tezos aims to offer infrastructure that is more advanced — meaning it can evolve and improve over time without there ever being a danger of a hard fork. This is something that both Bitcoin and Ethereum have suffered since they were created. People who hold XTZ can vote on proposals for protocol upgrades that have been put forward by Tezos developers.
This open-source platform bills itself as “secure, upgradable and built to last” — and says its smart contract language provides the accuracy that is required for high-value use cases. According to Tezos, its approach means that it is futureproof and will “remain state-of-the-art long into the future,” meaning it can embrace developments in blockchain technology.
The technology underpinning Tezos was first proposed in a white paper that was released in September 2014. After a series of delays, the Tezos mainnet launched four years later.
Long #Bitcoin to 46KBTC has been flirting closely with the 40K level lately.
Once we have candles consistently closing above 40K on the smaller time frames
A trend reversal off the lower fibs bands recovers the price near the 44-46K levels
then we have the inevitable psychological 50K resistance...
MACD is printing a nice bullish cross and I anticipate
higher lows for the coming days of accumulation.
RSI has a nice bounce for off the oversold line on the daily.
I'll be repositioning some of my bags back to BTC as
I think the "rubberband" will pop in favor of BTC and
it will lead the market and bleed some alts along with it.
Several charts are following BTC closely in this bounce off
the latest retracement, I also anticipate a similar future
for #Litecoin and #Tezos!
Good luck,
-Bruce