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Tezosbtc

XTZTook XTZ / BTC into log scale & added more time and we can see what the future holds. 1 thing is for certain BTC will most likely continue to climb into 2021 and any dips & pull back will not be a bear market. So we can assume that we r in a full blown bull market now since May 2020 IMO. The question is where does BTC top. Most analysis I respect point to a top around $190k. So If history repeats itself we should see XTZ (And all Altcoins) follow a similar path, that path is 18 months from bottom of the range until top of the range. I have outlined the top of the range with different price targets I strongly believe we will have 6 months over 2021 where BTC will continue to push higher until finally peak is reach sometime this year, If that peak is reach B4 summer than we have our alt coin targets if that peak is reach by end of 2021 then our alt coin targets will be much higher ;). So the idea is that soon BTC .D will push higher and keep alts under pressure, maybe even 81% BTC .D this will bring the peak in BTC price. Then Dominance will have small & large corrections in the bull market. This will allow alts to play catch up. So any and all dips for the next year are strictly for buying and no selling your alt coins until sub 40% BTC .D is not allowed by anyone following my analysis or the gods of crypto will fomo you back in at higher prices all year.
Long
by Big_Mike716
8
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. *Follow me for the latest cryptocurrency analyses on my watchlist *Thank you to those who donated, I very much appreciate it. *Let me know in the comment section if you agree or disagree, would love to hear your ideas too.
BINANCE:XTZUSDShort
by CryptoRush_
3
XTZ.USDT (Y20.P3.E2.v3).Now we enter--- Continuation from the previous post on XTZ, link below ~~~ Hi All, OBSERVATIONS: ================== > The 2 Day chart has given a nice bullish candle off a strong support area and fib level in an uptrend on the macro. > The daily chart below gives indicators as a reversal with upward pressure. > 21/34 EMA has confluence with the price and trend. > BTC moving sideways > SP500 steady and likely to go slowly with some undecided upward direction, some more. THOUGHTS: ================== Buy, look at the lower time frames to decide when to go in. Cheers, S.Sari DAILY Chart: 4 HRLY chart: 2 touches to confirm support. You might want to wait for another touch but unlikely. PREVIOUS POST Have changed my mind on the ABC pullback, based on what BTC is doing for now.
Long
by ssari
XTZ.USDT (Y20.P3.E3).TA on the Macro StructureHi All, ** This is a additional TA to the previous post on XTZ with BTC pairing ** As we had a strong BTC dominance divergence play out, we had XTZ.BTC price drop and bounce significantly while slowly regaining lost territory. I did this TA against the USDT to see if its still within the acceptable levels for a next wave up. Happily to say, the restests of the previous resistances passed. As per chart, we have one more resistance and after that, open roof. My thoughts: =================================================== > Daily indicators are positive, bullish with convergence and hence stay in the trade > I would expect 2 touches to the resistance and 2 touches to the below support before the breakout otherwise its out. Please give me a tick or like for this post. Regards, S.Sari PREVIOUS POST I have noted that we have price above the yellow key level meaning my TA is still relevant.
Long
by ssari
XTZ.BTC (Y20.P3.E3).TA on the Macro StructureHi All, ~~ This is a continuation of the previous post, link below ~~ Today, after a bullish div move, we have Tezos on its way up (BTC pairing). Observation: ======================================================================================================= > Macro structure as you see is in the complex correction wave with a descending top declining flat bottom 3 to 4 wave. > Within this section we observe 2 resistance levels a) resistance trend slope and b) yellow bar, key fib resistance level (0.382) > I have marked the descending top declining structure with E having a strong bounce > We have on the Daily bullish MACD, WT and Phoeix indicators > We have most of the daily EMA as beneath the price action My thoughts: ======================================================================================================= Buy in now > to much going for it When to enter, look at the smaller time frames. Buy on the bounce areas but also risk missing the retest of the resistance level. Fib level structure Indicators confirm > cross over EMA > 21, 34, 50 and 100 all now under the price Please give me a like or tick for this helpful post Cheers, S.Sari MY PREVIOUS POST > I should have guessed in will be another triangle structure
Long
by ssari
The Future Of TezosWow! This chart looks amazing! I do not know much about the fundamentals that surround this coin or the company, but the technical analysis look bullish if the support can hold. A quick look at the stats from coinmarketcap; This coin is ranked #14 with a circulating supply of 738,559,491 XTZ. Now for the technical analysis. The triangle that i have created based on previous support, and resistance looks almost like a symmetrical triangle forming a huge bullflag. I have the liquidity zones highlighted in green , and yellow. I use the color yellow for universal caution, and green is obvious. I have also used the FIB Retracement tools to locate a potential short term sell zone based on the 0.618 . That is the area I would like to see the price break above , and find support to confirm a real bullrun to new ATH. This is not trading advice, but only my humble opinions based on what I see.
by MrMoneyMatrix
2
XTZ.BTC (Y20.P3.E2).TA on the Macro StructureHi All, My thoughts on Tezos against BTC: > Price is below the 10 to 100 EMA on the Daily price action and these ema ribbons have confluence headed towards the current 0.5 or 0.382 Fib retracement level as per chart, which is equivalent to the red min line of the Fan pattern, which at times can be a reversal pattern or bullish pattern. > Note the points of touches on the chart structure, by the dark boxes. 2 touches to the top and potentially the 3rd touch to the bottom, completing the ABCDE formation. > Note that we are in the 3 to 4 of the elliot impulse with a complex correction and the chart pretty much confirms this. I learnt recently that 3 to 4 is usually complex to strip of our gains with the 0 to 3 impulse which are usually clear trends. And just like BTC, we will end up going from 4 to 5 after this formation. > Both bottom indicators show that we are approaching the bottom reversal area. I'm looking for a cross over of the signals on the WT and if you note on the Phoeix, energy is moved above the 50% mark showing an emerging divergence. Daily with key pivot points and levels Daily with EMAs 12 HRLY chart: No bullish candles yet Please give me a tick or a like for this post. Regards, S.Sari Moving off the Tezos topic, check out the monthly close now and how bullish it still remains for the long term.
Long
by ssari
1
Tezos is cheapXTZ/BTC has been consolidating in this symmetrical triangle since February. If you're fundamentally bullish on this coin, and who isn't, you might be looking for buying opportunities. Bitcoin looks like she's about to go running, which has made alts skittish. But such drops in alts, especially liquid ones, often play into the bigger picture even when they're triggered by external or random factors. The March selloff, for example, gave Tezos a roughly 50% correction of the screaming upmove it had been making, taking it to rest right on previous resistance now turned support. The move down yesterday took price into resistance-turned-support from over a year ago. This coincides with the 200-day Simple Moving Average. The "real" MAs on charts such as Huobi's with more history are in more or less the same place. So could it bounce here? Possibly. But stronger support, the 200-day Exponential Moving Average, and the lower triangle trendline, are a bit lower, and that's where I'm looking for a higher probability long. Then hopefully a break of the upper triangle line, the resistance at the top of this range, and blue skies above.
Long
by SimpleCryptoLife
4