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Tezos

Tezos; Looking at the FactsLet's talk trends. It's obvious that the bottom was locked in around the Oct-Nov 2019 timeframe. Ever since then, the trend has been steadily going up for Tezos. And why shouldn't it? It is now trading publicly on Coinbase, one of the largest and most reputable exchanges in North America. In addition to that, Coinbase provides it's users their most safe, passive-income asset since USDC. Tezos provides a variable rate of return depending upon its inflation target, amount of XTZ delegated and baked, and many other nuances to the rules of its protocol. Currently, Coinbase offers an approximate APY for Tezos at 4.03% at the time of writing. This is actually phenomenal when you think about most stock dividends. Verizon Wireless offers a yearly dividend at nearly 4.5%, and Tezos usually offers more, especially if staked independently. Plus even more than that if baked properly. OK. Now let's talk about some recurring patterns. I have labeled the ovals in green to emphasize the rising demand of XTZ. After the COVID-19 scare in March where stocks, cryptocurrencies, commodities, and other assets faced a flash crash, we can see 3 distinct areas of accumulation. But what is after those ovals? Little red, upside-down mountains. The green arrows are pointing upwards to show that the red areas on the MACD indicator are having little-to-no effect on the overall upward trend of XTZ, which started in Nov 2019. Tezos has been trending upwards for almost a full year now (8 months to be exact). And you see this same pattern of events starting to unfold at the beginning of July. Long term (1 years or more), XTZ is going to keep hitting higher highs and making higher lows. Why have I come to this conclusion? 1. Tezos pays extremely well for its low-risk option of staking (not baking). 2. Coinbase has millions of users, political and economical reach, and extreme vetting procedures before allowing any crypto to be listed with them (So Tezos being listed publicly means quite a lot). 3. It is licensed by MIT, arguably one of the most prestigious technological institutions known across the globe. 4. The overall trend has been blatantly up since Nov 2019. Now for the best, number 5. In the yellow oval, we can see a Golden Cross. What is so special about this Golden Cross is that the amount of space between the 50MA and 200MA shows that there is "wiggle room" for healthy corrections before moving upwards again. This go back to the patterns I was talking about where the red, upside-down mountains do not affect the overall trend very much. Which leads me to my last analysis for the short term (1-3 months). There is a support at $2.70 where we could possibly come down over the next few weeks. There is also another support at about $2.45, which could be reached within a month or two. This is good because the prophecy would fulfill. We would see the MACD indicator produce a nice red, upside-mountain, as well as the MACD lines at the bottom go towards the neutral position and possibly lower. Which, again, is great because it would still be a higher low and the next surge upwards could very well break the $3.90 resistance. HOWEVER, it is possible I am completely wrong. After all, everyone one of us is simply making an educated guess on where and when the price action could take place. Including myself. I have given you detailed reasons why I think the fundamental and technical analysis supports my prediction, but as always, please dear God, take my analysis with a grain of salt.
COINBASE:XTZUSDLong
by UnknownUnicorn1317862
3
TEZOS Rhymes With Bezos And Other Reasons To Look For Longs.I normally update Bitcoin, but there is NOTHING to say except that it's still gyrating near the low of the broader range, and we are still long while waiting for it to break higher. MEANWHILE, there has been some unusual and interesting movement in some of the alt coins which in a way reflects the speculative appetite of investors in this increasingly frothy environment. Alt coins have to be some of the highest risk instruments to invest in since they really have nothing to offer besides some kind of "concept". Yet, money flows into anything that can successfully hype its way into the spotlight. Is there any short term value in these things? Sure, wherever there is price momentum, there is opportunity and this is where technical analysis offers the best perspective. In today's video I will evaluate TEZOS and determine what kind of price behavior is reasonable to expect for the coming week. Usually when I get a question about one of these, it often comes AFTER the market has made it's move. Reasons for these things moving can range from some news about significant advances in the project to "Elon Musk tweeted about it". Either way, IF you are not in from earlier prices, then the next best thing to do is figure out where its inflection points are in order to ANTICIPATE a new potential opportunity. The objective is to isolate locations where reward/risk and probability are attractive RELATIVE to the RISK you are willing to take. If these ideas sound unusual, then you have no business risking real money in alt coins. Novice investors get wrapped up in a "good story" or hype because it offers the illusion of being "informed". The only information of actionable value that most of us have access to is on a chart ESPECIALLY when it comes to short term momentum strategies. So where are the inflection points on TEZOS? The 2.25 and 2.50 support levels offer historical and proportional areas to look for bullish price action (pin bar maybe?) in the coming week. There is also a minor support at 2.90, which price is testing at the moment without offering any signs of a long setup. The 3.35 area is the current resistance that is in play which is one reference point to measure when it comes to reward potential. The recent structure (since March) is bullish, which means it is reasonable to expect a higher high, so the question becomes WHERE should we take risk? In this situation, I would prefer to WAIT for a setup IF one develops around the mid to lower 2 area. That is where we can assume the least amount of risk relative to testing that 3.35 high area (IF it attempts to test that high). What I like most about this coin (besides the fact that it rhymes with Bezos), is that recent momentum is independent of Bitcoin. A change in this correlation can be related to new capital flowing into this market, and where there is new money, there is potential for it to outperform.
COINBASE:XTZUSD
by MarcPMarkets
3
Tezos (XTZ) - July 18Hello? Dear Traders, Nice to meet you. "Like" is a great power for me. By "following" you can always get new information quickly. Thank you for always supporting. -------------------------------------------------- ----- ** This is the status of “Hide” the MRHAB-MY1 indicator, an indicator provided by our channel. ** To check the indicators, share the chart and click "Show" to see all indicators as they were before. -------------------------------------------------- ----------- Touch the 3.33 point while breaking through the important 2.8886 point and you are in your current location. You need to make sure you can get support at point 3.185. In the event of a downturn, we need to make sure we can get support at 2.8886. -------------------------------------------------- ----------------------- ** Check 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 profit or loss on investment. Description of abbreviations shown in chart R: Resistance point or section, where a countermeasure is needed to preserve revenue. S-L: Stop-Loss point or section S: A point or section that can be purchased for profit generation as a support point or section
by readCrypto
XTZ.USD (Y20.P3.E1).Dont forget TezosHi All, Tezos is beginning to show some signs of strength. Recently it has broken a key level and if it can hold, this pattern will likely play part of a much larger movement. This will be new territory for all time highs, just like Link and hence it will be difficult to forecast beyond here. If I was to guess, $4.25 is the target for this Elliot impulse to point (1) at the macro level. Observations: Note key levels of resistance and support on the daily and short time frames are clear; 2Day chart> bullish momentum still to the upside as per Phoeix indicator. Daily Chart > Bearish div, potential pullback; 4 HRLY Chart > Have 2 targets, difficult to say for the short term. XTZ.BTC daily chart Please give me a like or tick for this post. Regards, S.Sari
BITFINEX:XTZUSDLong
by ssari
Tezos (XTZ) - July 12Hello? Dear Traders, Nice to meet you. "Like" is a great power for me. By "following" you can always get new information quickly. Thank you for always supporting. I go on vacation from July 13-15. Charts can be posted from the 16th. -------------------------------------- We received support from the downtrend line (2) and rose. We need to make sure we can get support by rising above 2.7490 points. We need to make sure we can rise above the downtrend line (3). -------------------------------------------------- ----------------------- ** Check 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 profit or loss on investment. Description of abbreviations shown in chart R: Resistance point or section, where a countermeasure is needed to preserve revenue. S-L: Stop-Loss point or section S: A point or section that can be purchased for profit generation as a support point or section
by readCrypto
Uptrend channel on XTZ.Hello, traders. TEZOS/BTC is inside a bullish uptrend channel on the 4-hours chart, so we believe that the price has room to go test the top of the channel, and later the important resistance level. What Is an Ascending Channel? An ascending channel is the price action contained between upward sloping parallel lines. Higher highs and higher lows characterize this price pattern. Technical analysts construct an ascending channel by drawing a lower trend line that connects the swing lows, and an upper channel line that joins the swing highs. Ascending channels show a clearly defined uptrend. Traders can swing trade between the pattern’s support and resistance levels or trade in the direction of a breakout or breakdown. Push the like button and follow us!
Long
by MarketMinds
Tezos - Following Chainlink and CardanoWhen it comes to making money, I am not tribalistic, I don't give a fuck. If something can make me money, I will make money from it. While Bitcoin and Ethereum are still sleeping, one by one Altcoin are moving up and doing their own thing. It doesn't matter what your feelings are and what do you think about it. It will do their own things. If you want to make some money, you are better off by eliminating your emotion out from it. If not, you are going to be like some Bitcoin maximalist or Gold maximalist who are yelling that everything other than Bitcoin is scam or who keeps calling for stock market to crash for the past 10 years. This is HOW capital flow. This is how market works. Get over with it. All of these altcoins are NOT GOING ANYWHERE. It is NOT a zero sum game. Eventually all of the capitals will move to the winner, but even then, we still have thousands of stocks listed on the stock market, the same with crypto. Most altcoins will go to zero, some will be big winner. Just have fun and ride everything that is going up. I am seeing that all the big altcoins will eventually go to the 10 Billion Market Cap to be on par with Tether. 10 Billion will be the new 1 Billion Market Cap. And then when the real bull market starts, of course all of these can go higher than that, when Bitcoin and Ethereum past their all time high. This is also how you can make money, COMPOUND your return without TAKING ANY LEVERAGE OR DEBT. When Link pumps, you make some money, then Link consolidates, you sell, you put in Cardano or Tezos, then Cardano and Tezos pump, you sell, you put back into Link and you rotate your money all the way until you die. Of course this is complicated algorithm. That's why if you are serious in making money, you should be WRITING YOUR OWN ALGO which means you need to learn at least Python and how to make it works. And most people are LAZY. That's why they are poor. Please don't reach out to me or comment or message me. Go work your ass off. Regards.
BINANCE:XTZUSDEducation
by UnknownUnicorn735418
3
$3.10 must be brokenTezos finds itself at a most critical juncture. $3.10 is possibly a more challenging resistance level for Tezos than $2.00 was earlier this year. The fact that xtz has not pumped above $3.10 yet during the recovery gives me hope that many of the would-be sellers on the ride up are exiting here. Thus, if we can get past this level many of the sellers will have left, clearing the way for buyers to take over the market. The longer the battle for $3.10, the greater the odds that $3.10 shifts to firm support. Sustain a break above $3.10 and this is where things should become fun.
BITFINEX:XTZUSDLong
by m00nsnacks
1
TEZOS BULL (LINK GAINS!!)4-Hour Timeframe Indicators: 12-period EMA 30-period SMA MACD RSI 1. EMA crossing above SMA = Bullish 2. Broke below the 12-period EMA , but the 30-period SMA has been holding support. 3. The golden pocket 61.8% fibonacci level has shown support, and price can bounce off this level. 4. MACD and RSI had a bullish divergence last week. 5. We are still in an upward trend - higher lows and higher highs. Respected five separate times. 6. Volume is still holding strong. Final thoughts: After being overbought yesterday from major bullish activity, Tezos has retraced back to the 61.8% fib level which is a good area to position yourself for a long. If this level holds, we can see another spike in buying as most signs point to the bulls. Chainlink(LINK) has exploded these last few weeks and I do believe Tezos(XTZ) can follow a similar spike pattern, but this is an irrelevant observation.
KRAKEN:XTZUSDLong
by RichLoan6k