Tezos
TEZOS - 3 KEY LONG-TERM TARGETSThis is a solid long term buying opportunity as it seems that the altcoin season has finally started. I'd expect it to be a fast uptrend, lasting 1-3 months.
XTZ - Time to close positions - Trend ReversalHi,
There is now 3 targets to close short poistions.
1 is safe and right now.
2 has good luck to happen when we look at the volume divergence right now on this mini ascending channel.
3 is the main support, the best point to close. (the second point of a double bottom in weekly chart).
Then we switch to long position, with a safety stop loss, because the weekly chart is an ascending channel, and 9 time over 10, ascending channel will finish in a breakout from downside. But I think we are on the 3rd movement, we will see that at the 5th one.
Have a pleasant day,
Tezos Rising Wedge Breakdown XTZUSDClear rising wedge
This is a bearish pattern and bearish results can be observed already.
Long term growth potential outpaces the potential 'savings' from selling based on this observation. I advise holding if you are an owner of this coin.
Hence my position on this coin is neutral.
Projection off of Vol Candle x100 Tezos potential ETH DominanceLook at the massive accumulation candle from the March 2020 Dip! That's a lot of buying power.
I'm generally bullish on any coin I believe has interesting and groundbreaking technology. Sometimes I am right and sometimes I am wrong. I know the space is crowded, but so is The Nasdaq.
I really like the Tezos set up for a massive bull run potential.
This is not trading advice.
XTZ warms up! $ 3.5-4.5 is comingXTZ is one of the quiet projects but has a lot of development behind the scenes. All chart indicators show Bullish trend. Lets see! My first target would be to see 3.45-3.50
2.12.2020 - Tezos (XTZ / USD)Hi Traders!
Today we look at one of the most popular cryptocurrencies and that is Tezos (XTZ). What does the chart look like? For the purposes of this analysis, we will use a daily chart as we want to see the overall trend. Tezos also went through a slump this year caused by COVID in March. Subsequently, it rocketed and fell again. Let's look at the overall structure.
Tezos wrote off up to 78% of its growth, which is confirmed by the value of 0.786 fibonacci retracement. Tezos was quite good to us also in the falling wedge he formed. At this point, several interesting levels met:
1. Support on the daily chart
2. Fibonacci retracement 0.786
3. Turning pattern - falling wedge
You can see the bottom of the chart, and a reflection has come from this level. The chart has currently stopped at MA21, but this should only be temporary. In time, we expect an attack on the new ATH and the upper edge of this great channel. In general, we see a value of about USD 5, which would represent more than 100% growth. However, it is important that we stay in this channel and not fall below the bottom trend line. So the tariff is USD 5.00.
May the crypto be with you!
#XTZUSD Starting To Take Off!Tezos is a self-amending decentralized platform for building dApps. It's similar to Ethereum in a way that both blockchains support dApps built using smart contracts. ... The most notable one is the network's on-chain governance, which allows holders of XTZ, Tezos' native coin, to vote on the network's future direction.
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Tezos (XTZ) - Potential swing longXTZ long term channel
Price has broken back inside and has now backtested the channel as support.
If the bullish market sentiment continues, I expect XTZ to pump back towards the top of the channel, potential profit taking at channel levels.
DYOR, NFI
XTZ / Tezos Long TermChannel for Tezos / XTZ. Looks like it is sitting on the bottom of the channel.
GETTING READY TO RETEST THE ATHAlmost every TF looks beautiful for XTZ, I've been buying for a couple of weeks now and I will be looking to buy at the retest of the 2,5$ area, looks a nice spot and pivotal point.
