Tezos
Bearish pattern breakdown and support levels to watch out for*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. I do not guarantee any results nor am I responsible for your actions. You should always do your own due diligence before trading or investing in this market as it is extremely risky.
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TEZOS (XTZUSD) Buy SignalPattern: Channel Up on 1D.
Signal: Buy as the price is testing the Higher Low trend-line of the Channel, following a Death Cross, being on the 0.618/ 1.236 Fib aggregate that previously was a buy zone.
Target: 4.500 (Resistance) and in extension 8.500 (Higher High of the Channel Up)
TA very successful on previous Tezos signals:
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✳️Tezos/BTC (28/10) #XTZ $XTZ #XTZBTCXTZ is at the bottom of the previous bullrun, which raised from 1500sts to 4000sts.
So there is definitely a significant buying force here, we can buy with low risk.
📈BUY- LONG Strategy
- Buy in the 1450-1500sts zone, stop loss if the 1D candle closes below this zone
📉SELL-SHORT Strategy
- Sell in the zone of 2200sts, stop loss if the 1D candle closes above this zone
- Sell in the 2400sts zone, stop loss if the 1D candle closes above this zone
♻️BACK-UP Plan
- Buy in the 1200-1300sts zone, stop loss if the 1D candle closes below this zone.
- Buy in the zone of 900-1000sts, stop loss if the 1D candle closes below this zone.
looks like a good time for Tezos to 2x at least :)looks like this is bottom most likely, hitting like whats looks like final bottom support levels, MACD looking like teetering on stepping towards bullish momentum and RSI just playing with levels that i call "zone of change" in this chart. Tezos starting ------ tezosindia.foundation/ --- essentially a Tezos india growth team. also is being used by the french government, french government very friendly with Tezos
----blockchain.news/news/tezos-blockchain-chosen-french-digital-euro-societe-generale-forge ----
and many other things french use it for
XTZ to see down breakout(1D) | Head & Shoulder Pattern completedMarket in last 1 week
XTZUSD saw a sideways movement with the price increase followed by a decline
Price volatility was very high. The market moved ~11.24%, between $2.268 and $2.038
Today’s Trend analysis
XTZUSD expected to see a breakout downtrend as the Head and Shoulder pattern is completed with the volume confirming the pattern completion
Price at time of publishing: $2.0977
XTZ’s market cap: $1.569 Billion
Oscillator indicators are mostly neutral. RSI at 42
Moving average indicators are biased towards a downtrend. Ichimoku Cloud is neutral and Hull MA indicates a selling opportunity
Volume indicators saw a decrease in volume with price increase while an increase in volume observed with a price decline, with the total volume being below the 20-candle moving average
Price expected to see a breakout downtrend as the Head and Shoulder pattern is completed with the volume confirming the pattern completion. Most of the Oscillator indicators are neutral. MACD line moving above the signal line with histogram size decreasing in the positive region, suggesting a bullish bias. RSI at 42, below the midline in the neutral region. CCI is around -112, in the oversold region indicating a downtrend. Another interesting point to notice here is that volume saw a decrease in volume with price increase while an increase in volume observed with a price decline indicating strong selling pressure.
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The analysis is based on signals from 28 technical indicators, out of which 17 are moving averages and remaining 11 are oscillators. These indicator values are calculated using 1 D candles.
DM to get details of the above analysis and list of indicators & their values used to arrive at the above conclusion.
Note: Above analysis would hold true if we do not encounter a sudden jump in trade volume .
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If you find the analysis useful, please like and share our ideas with the community!
- Mudrex
XTZUSDT Symmetrical triangle, prepare for break out *** Stops need to be re-adjusted and R:R reassessed at point of entry. As a guide, I usually count 6-8 candles back from my entry point on the timeframe I’m trading on and place my stop just below the lowest wick within those 8 candles in the case of a short, or above the highest wick of the last 8 candles in the case of the long. If this rule means your R:R to target one is not good, don’t take the trade. ***
XTZ
Probable
- Long term symmetrical triangle
- EMA’s bearish daily, 12hr & 4 hour
- Looking for a BCR within the yellow box zone
- 2 short targets
Possible
- Squeeze tighter into the point of the triangle
- Watch to see if we create HL within there for possible bullish trend change
- Watch EMA’s to see if they start to turn up and cross bullish
- Wait for BCR of resistance outside of the triangle
- 2 long targets
Special Session: My top 8 cryptocurrency for 2021Hello guys, and welcome in this special session. Today, I am analized my top 8 cryptocurrency that I want to invest on 2021. I'm so happy to know my own result based in my criteria, features and why each projet is so unique in their class. I want to suggested you that all top it's could be an any impact if you see or not see your cryptocurrency, but it's based in my own evaluation that I did today. So, tonight. I want to present and revealed my own crypto portfolio and I will going to talk about of themes that I want to discuss.
Themes to discuss:
1. Why I choose this token or cryptocurrency
2. Why I put this token or cryptocurrency in its top
3. How I will going to accumulate this crypto
So, it's interesting to know. As warning if you're surprious if any crypto that you can't imagine that I put in its top or don't apper your favortie crypto, don't worry about it, because it's based in my criteria and I want to explain these themes, and also, below of my link to related ideas. I add my crypto-fundamental analysis if you want to read, learn and more!!!
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Top # 1: Bitcoin
I choose Bitcoin as the first alternative and top # 1 because Bitcoin was the first cryptocurrency that was birth and it's the money of the future.
I have near of 3 years that I knowed Bitcoin from starting on 2018. And when I know Bitcoin in this time, Bitcoin is change my life and Bitcoin show
my way to understand how money work, how banks work. And then, this is the way that I'm reach here, make trading in cryptocurrency, forex, commodities. etc... Also, I invited you to linked below in my link relate idea about Bitcoin
Top # 2: Cardano
I choose Cardano as the second alternative and my top # 2 because Cardano wan't to build a third generation of Blockchain Technology. I understand
that as Ethereum is the second generation of Blockchain, so Cardano is so competent with Ethereum.
Cardano it's my favorite cryptocurrency and one of my principal cryptocurrency to invest and accumulate a lot Cardano, I true in their vision on what
Cardano make for our society, and also, I am so enthusiastic in this project and
I want to join on the team to promote this project in my country and show the world that this project make impact in the life facet to long-term as
Cardano resolve the following components: Education, Agriculture, Science, Health and Technology.
The reason that I put Cardano in my top # 2 is their future adoption. As this project is so biggest, it's a cryptocurrenc that could open the doors to
build opportunity for the people meanwhile what Cardano say in their website, and this project could be the next third generation of Blockchain. Their
technology and enfocous is so unique and they're not any project with this capacity and objectives to build a strong infrastructure in the future way.
Top # 3: Chainlink
I choose Chainlink in my top # 3 in the kind of technology unique that we can to send money menwhile APIS that can be connected by smart contract.
What I found out in this cryptocurrenc is the next bomb massive for the market cap that Chainlink could put to place an Ethereum as their major
rivals and created a nice adoption in the crypto-industry and Decentralized Finance or DEFI.
It's one of my favorite cryptocurrency together with Cardano, both are the best cryptocurrency to invest in this digital age.
So, the most that I like on Chainlink is their unique solution to resolve all problems that all problems in the payments method, scalibility and the good equation and formula to create the future of Decentralized Finance.
Top # 4: Ethereum
It's so sorprendent that I put Ethereum in my top 4, but it's really that Cardano and Chainlink has the strongest aims and unique in their class. But for
that reason, Cardano and Chainlink are in the top # 2 and # 3. And for that, I take my time to study each project with carefully and choose the best to
clasify in the top.
I choose Ethereum in my top #4, the first reason is that Ethereum has 2 biggest rivals in the future and are Cardano and Chainlink. As I mentioned
here, Cardano and Chainlink has the strongest aims and unique in their class. But, Ethereum yes it's a good investment and one of my favorite
cryptourrency. The only is that Cardano wan't to build the next third generation of Blockchain technology and Chainlink wan't to created a DEFI solution
and become a distinguished cryptocurrency to become the next Ethereum. So, Cardano and Chainlink are a biggest rivals for Ethereum. So carefully
and watchout, for that reson, you will need to be analytic and read the fundamental analysis on what is about these projects.
The most that I like Ethereum is the future to build the world programming blockchain in their industries. And Ethereum it's one of the adoption
cryptocurrency that inyect live in the other blockchain facet in the past.
Top # 5: NEO
I choose NEO as my top #5. The only that I like for NEO is that this project it's based to build a smart-economy
And also, one of my biggest idea on NEO is to build a DEFI Dapp based in my proyect that I have in my idea to build a digital world based in the
digital economy to trade assets tokenized as deflationary money that get value in the assets as real state, build your own blockchain empire all so
solid. But this idea I want to speak you later, becuase this idea I'm execute and modify all parts. For that reaso, I take my freedom to study each crypto
projects. And i found that NEO is a good piece for my own project and it's perfect based in the smart economy!!! For that reason, NEO is one of my
favorite cryptoproject
Top # 6: ICON
I choose ICON as my top # 6. The reason that I choose this projec is that have future in the a world hyperconnected that we could to trade data,
medical records, achievement, money and more resource that we would need.
The fact that this project is so unique in the aims, so, this project it's one on my own radar to accumulate ICON for long-term. Because in the nearly
future, we could see an ICON so higher in its bull rally. This projectis the sleeping giant that have over potential to build a strong adoption.
I reccomend to get a watch of this nice project and styding in their philosophy and fundamental in what ICON want to resolve
Top # 7: Zcash
I choose Zcash as my top # 7 becuase this project it's the future of the private digital money for our lives and together with Bitcoin, could make an
adoption for thw next generation of the private money and secure!!!
So, the only that I like of Zcash is the kind of team that cryptographers, prestigious universities and institutions it's true in this potential project.
It's the only that Zcash make difference of Monero, Dash, Bitcoin Cash or Litecoin. So, Zcash have a strongest team that they develop to get a quality
life for the next adoption. This proyect at difference of Monero and Dash, both are private digital money. But, I choose Zcash becuase they've the
strong team of developer with insignias of the best uiversities top on the world. This proyect was build on this universities recognized as University of
California at Berkerley, Massachussets Institute of Technology, etc...So, that universities I put in reference of this proyect that could be a good adoption
for the next future generation.
Top # 8: Tezos
And finally, my latest top #8 to end is Tezos. I choose Tezos in this latest top because their proyect is so interesting in what kind and unique
advantage could we to be investor in this project.
The most interesting of this project it's based in the proof of stake and governance open-source that any developer could make modify and build the
next smart contract and Dapps so more decentralized and scalable than other blockchain like Ethereum. Tezos pretend to resolve all problems of hard-
forks when for example: When in 2017 was the birfucation of Bitcoin and that birth Bitcoin Cash. Did you know. So Tezos want to resolve this problem
and make this cryptocurrency unique in their class to give us a solution of open-gobernance more decentralized to build a best infrastructure of Dapps and smart contrats.
So, guys, this is it. I present you my top 8 cryptocurrency to invest on 2021.
1. Bitcoin
2. Cardano
3. Chainlink
4. Ethereum
5. NEO
6.ICON
7. Zcash
8. Tezos
And right now, the way to accumulate this crypto is open up a crypto-broker. For that, the name ofthe crypto-broker is called Phemex. Phemex it's a crypto-broker that you can to trade Bitcoin, Gold and altcoins. Here the link: phemex.com With Phemex, you can to deposit Bitcoin or altcoin to trade accumulate whether Chainlink, Cardano, Ethereum, or whatever cryptourrency that I have i my portoflio or your own portfolio. My strategy is based in found out 15% weekly. And then, I will going to deposit $100 USD in each account except in Bitcoin. Because I use Prime XBT to fund Bitcoin and trade over all financial markets as Forex, commodities and cryptocurrency. Here the link: primexbt.com But in summary, I will going to use Phemex to accumulate these altcoins mentioned from the top # 2 to top # 8. So guys, the cryptocurrency are the biggest opportunity if you want to save your future, it's the time to accumulate crypto and defend and protect agains the next financial crisis that is near. And then, in long term, you will have a good profit on altcoins as in Bitcoin in the same time using a consistent strategy to earn in the financial markets. So, you can to put your own quantity of how much Cardano, Chainlink or Ethereum do you want to have in your wallet? That it's your turn to put your own quantity and accumulate. For example: If you want to accumulate 10,000 ADA, 500 LINK or maybe 8 ETH, it's a great for you. But it's your turn to pay attention in this biggest opportunity and accumulate the best altcoins to have a lot. For example: Are you understand why I put Cardano and Chainlink before of Ethereum as my favorite crytpo to accumulate. The anwer it's simple, bcause Cardano and Chainlink at differente on Ethereum is that they've an unique objectives and goals that they pretent to resolve. And my goal for ADA is reach to accumulate 1,000,000 ADA for my wallet. Why ADA could be to crated the third blockchain generation in the next years? You know this anwer. Another is Chainlink, my goal is to reach 500 LINK throughout of the time. This is a good question. Because these project have the unique technology and it's okay that Cardano and Chainlinkhave the own objective so clearly for the next adoption.
And also guys, my latest two complementary assets it's gold and silver. Why Gold and Silver into my portfolio: Gold and Silver are money in the past, and the history it's simple, it's the real money and the old money. You will need to hear about the Gold history like money. For that reason, I decide to add Gold and Silver as the latest 2 assets to complete my top 10 assets to invest in 2021 to accumulate Silver and Gold later when Bitcoin and altcoins sleeping in the next rally!!!
Guys, if you like this special session, please give me a like, share this session specail with your traders, friend and more. And also, for tomorrow on, I will going not just to trade Bitcoin, Ethereum and Litecoin. I starting to trade altcoins mentioned as Cardano, Chainlink, Neo, Bitcoin Cash, Dash and other altocis i the Phemex platform do you know, to starting in the career to accumulate altcoins.
So guys, I hope that this special session it's like for you.
Good night!!!
What about Tezos? A new opportunity for another trade?Maybe, but I will keep myself away for the next hours.
As long as BTC and BTC.D continue to rise, it won't be a good time for going Long with altcoins.
We will see a double bottom at $2.00? Time will say!
This isn't trading advice. I've no idea what I'm talking about 😉.
Trade with caution! 🚨
Have a good day! 🤟
XTZUSD to see a sideways movement(1D) | Price riding the midlineMarket in last 1 week
XTZUSD saw a downtrend followed by price riding the midline Bollinger band
Price volatility was very high. The market moved ~15.41%, between $2.45 and $2.12
Today’s Trend analysis
XTZUSD expected to see the sideways movement as the price is riding the midline Bollinger band after getting a rejection from the upper band
Price at time of publishing: $2.14
XTZ’s market cap: $1.63 Billion
Oscillator indicators are mostly neutral. RSI at 43
Moving average indicators are biased towards a downtrend. Ichimoku Cloud is neutral and Hull MA indicates a selling opportunity
Volume indicators saw a decrease in volume in recent candles as price decreased
Price expected to see a sideways movement as the price is riding the midline Bollinger band after getting a rejection from the upper band. Most of the Oscillator indicators are neutral. MACD line moving above the signal line with histogram size decreasing in the positive region, suggesting a bullish bias. RSI at 43, below the midline in the neutral region. CCI is around -36, in the neutral region with a pullback from overbought. Another interesting point to notice here is that volume saw a decrease in volume in recent candles as price decreased indicating a weakening selling pressure.
----------------------------------------------------------------------------------------
The analysis is based on signals from 28 technical indicators, out of which 17 are moving averages and remaining 11 are oscillators. These indicator values are calculated using 1 D candles.
DM to get details of the above analysis and list of indicators & their values used to arrive at the above conclusion.
Note: Above analysis would hold true if we do not encounter a sudden jump in trade volume .
----------------------------------------------------------------------------------------
If you find the analysis useful, please like and share our ideas with the community!
- Mudrex