Hard Pullback and then Moon?Looks like a leading diagonal to me.
I'm seeing this same pattern in a lot of cryptos but at least this one is a leading diagonal. The one on bitcoin is an ending diagonal...
So I think bitcoin will continue to sell off and offer us a chance to pick up some more alts on sale!! :)
Tezos
Tezos to $9+ Theoretical Would appreciate some feedbackMade From:
Trendlines
Elliot Wave theory
Fibonacci Retracement
Extrapolated from Weekly Charts and Worked inwards to the 4 hourly Charts
Some feedback whether positive or negative would be greatly appreciated always looking to improve my skillset.
Cheers
XTZ - 6h. Ahead of $9 for Tezos?In just 5 days after the publication of our previous idea , the XTZ price reached the target:
Buyers managed to cope with the range of $4.9-5 . Although after the breakdown of this range, the buyers could not hold it, but the price found support a little lower. As a result, on April 4, the price of XTZUSDT increased by about 40% during the day.
It is worth paying attention to the trading volumes, thanks to which buyers were able to renew the high:
As you can see from the chart, the sellers' stop orders helped the Tezos price rise significantly. However, the sellers' attempt to return the price below the critical range of $5.4-5.65 failed. Although, despite the trading volumes, which sellers wanted to regain control of this range, they had serious intentions. The fact that buyers withstood such a blow at the highs indicates that they are serious about continuing the growth of the price of XTZUSD.
At the moment, the XTZ price is trying to break through the range of $6.65-6.95 . If buyers fail to take control of this range the first time, we will expect a local correction to the mark of $6.3 From this point, buyers will be able to continue the growth wave with an ultimate target of $9
An alternative scenario of the beginning of a global correction in the XTZ market will begin after breaking through the mark of $6.3 . The likelihood of this scenario is increased by low trading volumes in the current wave of growth. Considering the situation on the BTC market , where the price moves in a global wedge, XTZ buyers may not have enough strength:
Nevertheless, this is an alternative scenario for now and we expect the growth trend to continue in the XTZ market.
_______________________________________
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XTZ and the Elliott Impulse WaveXTZ Day Time frame:
I believe XTZ is entering Wave 4 of an Elliott Impulse Wave. Should retrace some but with EWT, Wave 4 has to respect top of Wave 1, so we should not retrace below 5.50-5.88 price range. (HODL or good BUY opportunity) Once retrace completes we begin the final climb to the top of the EW where some type of Elliott Correction Wave (ABC) will bring us back down.WHERE YOU ASK... I suspect somewhere in the neighborhood of $6.00-7.50 range where we currently are sitting.
Just my thoughts, please share yours!
Thanks for the reads, and likes, and follows!
AND REMEMBER, DON'T CHASE IT, RETRACE IT!
XTZ.USD (Y21.P2.E3).Now is this the beginning of the nextHi Traders,
The story continues and hence an continuation of the previous post.
While BTC is at its final level, it is well known that this type of price action can happen as its known as the shakeout phase before going higher.
Don't sell if your going long term.
As for XTZ, how that shakeout phase works on it is the challenge.
In one way, we have to ignore it and just go with this chart, and the chart says buy.
So how to enter, look for some bullish setup (candle combination as well as the short term indicators, such as the macd, etc) for confirmation.
Good luck,
Cheers,
S.SAri
XTZ.USD (Y21.P2.E2).Now is this the beginning of a PHi Traders,
The story continues and hence an continuation post.
It has the makings of a parabolic cycle and hence I will be tracking to see if this is the case and go lone until it says no.
My plan would to take profit out and let the rest run.
Here is a previous fractal to use as a reference and you decide.
All the best,
S.SAri
PREVIOUS POST
Parabolic foundations
HOLD XTZ .... Tezos in 2 digits soon (+150%)as we can see right now Xtz was accumulating since 2019 and tried 3 times to broke this resistance and it didn't pass through,however from 3 days it managed to break it!
we can be sure that's not a fake breakout as we can see a full bullish daily candle closed above the resistance line and it tested it one time as a support and it worked.
now we have as a strong support we can depends on.
my advice to not lose this opportunity and for holders buy more safely.
✅ Buy: 5.90 - 6.50 ✅
🎯TARGETS:
1- $9.400
2- $12.90 (take profit for 70% -80%)
3- $16.00
💵 Trade Size: 5-7% of Portfolio
🚫Invalidation(SL): daily candle close below $4
Please click LIKE button and Appreciate my hard work.
Must follow me for latest crypto real time updates.
thank you
Tezos (XTZ) - April 9Hello?
Dear traders, nice to meet you.
By "following" you can always get new information quickly.
Please also ask for the "Like" clock.
Have a good day.
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We have to see if we can get support at 5.57573265 and rise above the 6.22820058 point.
In particular, it remains to be seen if it can rise along the uptrend line.
If you move down from the 4.82546199 point, you need a short stop loss.
In the wRSI_SR indicator, the RS line is showing a decline without continuing the upward trend of more than 50 points.
As a result, volatility may occur, so careful trading is necessary.
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(XTZBTC 1D chart)
944 Satoshi-1164 Satoshi We must see if there is any movement that deviates from it.
If you keep the price above the M-Signal line on the 1W chart, it is likely to continue the upward trend.
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** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for the sake of convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the conventional 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 that oh92 disclosed. (Thank you for this.)
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on 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 segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. 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 do not trade 24 hours a day.
G1: Closing price when closed
G2: Cigar at the time of opening
(Example) Gap (G1-G2)
Alert: Tezos confirm the support to entry to buy!!!Right now in the morning, Tezos conirm the $5.70 USD key support to entry to buy this cryptocurrency. Now, we can to put the SL at $5 USD, and our target profit will be $10 USD for this cryptocurrency. Guys, we're prepare right now to buy Tezos. Now, you can to buy Tezos without any issue becuase in H8 timeframe it's look bullish. I entry around o $5.90 USD entry in the market.
Now, if Daily candlestick closed up with bullish candlestick signal, that mean that Tezos will come bullish in few days to $10 USD.
Guys, if you found out that this analysis help others people, you can to share this analysis for others traders.
XTZ Over the next weekGood afternoon, everyone! I am ObsessedMeerkat and I am here to share my thoughts on XTZ's movements over the next week.
First, XTZ is performing extremely well as compared to its previous performance. Second, XTZ's movements are still closely tied to bitcoin's. When BTC dumps, so does XTZ and that is the unfortunate part of BTC being the king.
Third, my analysis. I am not a trader by trade (haha) and I am not educated financially but this is what I think XTZ will be doing in terms of gains over the next week.
At this time, there appears to be a good bit of support in the $5.40 - $5.60 range. People are beginning to notice this coin and its value has increased substantially from even a month ago. Lows are now on par with previous all-time highs. Very bullish chart overall. Conversely, there is also a lot of resistance in the $6.40 + range. This coin is valuable but it is not going full-on face-melting parabola - yet.
The two white lines at the bottom are where I see the most resistance on this coin. The lowest one being a macro-resistance line that is tied closely to overall performance of bitcoin. I think bitcoin will continue to retrace back to its macro-resistance line at ~$40k and bring XTZ with it. Overall this is a good thing .
Why is the price of XTZ falling a good thing? XTZ is an insanely useful token that is rapidly gaining adoption and a price drop to the macro-resistance line will allow for MORE accumulation. Due to the increasing awareness and adoption of this chain, I am very bullish on XTZ overall. XTZ has had more contract calls up to this date (the 8th) of this month than it had in all of February.
The only question in XTZ's retrace is exactly how fast it will happen. A rapid retrace back to support at $5.10 by tomorrow night will provide the greatest window of opportunity for buying large amounts of XTZ before a return to the micro-resistance at $6.80. The alternative is a slow bleed to the macro-support. This is a bad-case scenario where XTZ slowly bleeds over the next three days down to a support line much higher that $5.10, thus reducing accumulation opportunities.
After a re-trace to the support lines, I see XTZ quickly returning to the resistance at $6.80 before smashing through it to $7.60. Either way, if you buy at the lows, you're going to be making money this week.
After this coin breaks the upper resistance, I think we are rapidly approaching the $10+ mark before the end of this month, but I promised I would stick to my views on XTZ this WEEK in the title. We're getting closer to the day of melted faces on this coin, but right now, look for money making opportunities in the moment.
Overall, I am LONG XTZ this week. Currently I'm holding a good bit of liquid in my account and I've placed a buy order at $5.10 in anticipation of XTZ dropping to that support.
What are your thoughts?
XTZ - 6h. you need to wait for consolidation above the $4-4,5Slowly but surely, buyers have regained the initiative in the XTZ market. Having started a new wave of growth after a strong price correction on February 22-23, buyers managed to gain a foothold above the important range of $4-4.5 . This range was strongly defended by sellers in 2020:
However, only last month, with large volumes, b uyers managed to break through this range and catch the sellers' stop orders. Control over the price zone of $4-4.5 in February remained with sellers. After repeating a similar attack in March, but at low volumes , buyers managed to close the monthly candle above this range. Thus, we think that the majority of sellers have left the market and there is no way for the XTZ price to continue rising.
The final confirmation of this may be the price re-correction to the $ 4.5 mark. The first local target is $6.3.
Below $4, buyers will lose initiative and retreat to the range of $3-3.1. However, given the prospects for BTCUSDT to renew its all-time high and test the range of $65,000-75,000 , this negative scenario remains an alternative.
_____________________________________
We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements.
Subscribe to us and get daily concise analytics!
XTZ still following the planAs the market is seeing a red day, Tezos follows. Volume is still high though.
- Touching $5.36 resistance turned support
- 50 MA served as support 3 times
- MA's going further apart
- RSI still setting higher lows
Possible resistance @ $6.6, but I expect we can see a clear rally towards $7.30
Do you have a position in XTZ?
XTZ PUMPED, TOLD YA! 👨🚀Aloha
I think I shared XTZ signal at 3.9 for tradingview, anyway
for those of new fellows that dont know XTZ, 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..
tg 6.40-6.60-7 sl 6-5.5
bye
Tezos turn to $10 dollar soon!!! Eyes on this cryptocurrencyTezos it's show us interesting long position toward the $10 dollar as EOS do. Tezos and EOS it's around o $6 dollar right now, and these cryptocurencies are so interesting to invest by contract, or we can to keep these Tezos contract to longer time in this altseason to accumulate any crytpocurrency that you're intersting in your watchlist like Chainlink, Litecoin or Bitcoin using the money to fund in one of these cryptocurrencies. Guys, these it's so interstign to invest in Tezos, also, I like this cryptocurrency and as I consider my Tezos in contracts, but interesting cryptocurrency to invest too.
Now, talking in this technical analysis, I hope that Tezos going to approximately at $5.70 USD to then, look how the price action work in this zone and when I have a confirmation, I can to entry in long position toward the $10 dollar in this interesting trade like EOS.
Now, looking in Daily chart, Tezos it's extremely bullish and if we put a long position, we can to earn 75% in this trade from the $5.70 USD to $10 dollar.
In this screenshot, I put these targets to medium term that we can to look how Tezos may to move it in medium term. For that, Tezos it's another giand sleeping cryptocurrency that I have in my radar from the past year and this year. I do not have Tezos in hold, but I thinking to buy Tezos contract in my Simple FX trading and then, keep this contract to hold and multiply my others cryptocurrency using Chainlink assets in Simple FX.
Now, if you hold Tezos, this could be my targets in this bull rally of this cryptocurrency. For that, i I decide to sell all my Tezos contract, I prefer to sell at $200 USD and then, all my Chainink assets will be multiply. I thinking to buy at least like 300 Tezos coins in contracts, as I have right now 350 EOS coins in contract too.
Just that I have 350 EOS cotnracts in my Ethereum account, and then, I will going to take my 300 Tezos contract for my Chainlink account.
Well, noticed one thing. EOS and Tezos are interesting cryptocurrency in my radar as I have in Cardano, Chainlink or XRP. But I believe that i I hold this crypto, I can to get a excellent ROI.
Guys, if you like this idea and have another expectative in the market, you can to share your analysis here whatever if it's about of Tezos or others cryptocurrrencies.
Tezos (XTZ) Update | Patience Is Key!The bulls are full ahead when it comes to the Tezos (XTZBTC) altcoin trading pair.
We say that patience is key... It is true.
Many people are going crazy trading on 100 pairs and 3 different screens... This is not how you win.
It is all really simple...
Buy in, sit back, relax and wait for prices to increase.
Let's look back at XTZBTC!
Prices are now moving above EMA100.
We now also have a bullish MACD.
The RSI is above 60 daily.
MA200/EMA200 next target.
More to come short, mid-and long-term.
Thanks a lot for reading.
This is not financial advice.
Namaste.