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Tezosbtc

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
$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 Vs. BitcoinI was asked to look at the XTZ/BTC pair... Overall, I would say this formation has a Bullish lean. There is clearly a tightening symmetrical triangle on the 3-day chart. The price action has remained above the 200-day moving average since it broke below earlier this year. Now the price has broken above the 50-day moving average, is holding above, and continues to generate momentum upwards. I would watch the 50-day moving average closely. If that average is broken, it will be time to reassess. However, I will point out that I have seen triangle formations like this break out to the downside. You have to notice that there have been a series of higher lows as upper resistance on the symmetrical triangle*. If BTC buyers flood the market and BTC becomes majorly bullish breaking out of its long term triangle, it may be the asset you want to be in. The RSI also looks to break above an upper line of resistance. It could break above to set up new support, or it could get rejected by the resistance. I'd keep an eye there as well. I would like to be properly positioned in both trades, personally. If we're in a new Alt season, you definitely do not want to miss that trade. Trust me. As always, calculate the odds, set your stops, & DYOR. *Doesn't necessarily mean it's a bearish set-up
Long
by BitInfo12
2
XTZ TEZOS - 4TH COIN - ALMOST TIME TO BUY IT AGAINAlmost time to buy back Tezos. Great project, it is one of my top 5 SOLID coins excluding Bitcoin. I already talked about LITECOIN, CHAINLINK and ETHEREUM, TEZOS is the 4th one. Look how the pattern is recurrent compared to the beginning of 2020. The setup is ready to set a new ATH. (It is very correlated with LINK, so do not overload your PTF with both of them. Do your math properly) Confirmation comes from its dominance Like and comment to know the last coin I am looking forward to buy to complete my long term portfolio. Then I will post about altcoins lower int the market cap ranking that are worth hodling (for a small % of my ptf) and that are currently on my radar. From time to time I will also post coins I do not like but that maybe are worth considering for short term speculation (XRP and BCH that I already posted on)
Long
by edutradinguru
Tezos; Easy Money, Easy Life? | TEZOS ($XTZ)The exchanges love Tezos, Chainlink fans love Tezos, the bulls love Tezos, FA is bullish, and TA is bullish. With staking and transactions up, and with price continuing up too, what choice do we have but to show some love to the XTZ bulls with our own long setup. Resources: bitcoinexchangeguide.com + www.coindesk.com + bravenewcoin.com ✨ Drop a comment asking for an update, we do NEW setups every day! ✨ Like, Comment & Follow to help the community grow 🎉🎉 --- 1. Fractal Trend is showing an uptrend (Navy bar color) on the 4 hour timeframe. This is indicative of the long term bullish price action on XTZ. 2. With this strategy, we are looking for long setups in an uptrend and as such want to enter long on retests of bullish order blocks plotted by Orderblock Mapping (Navy line color) and/or bullish S/R levels plotted by Directional Bias (Navy line color). 3. Right now we are looking for a long entry off the S1 S/R flip + orderblock cluster which we expect to act as support if the uptrend is to continue short term. 4. Our stoploss is placed just below that level. 5. Our target is the R1 bearish orderblock formed by the highs of the previous price structure. The trade here is straightforward, buy the next available support and long until the next notable resistance with a setup that gives us a nice R:R. Good luck fam!
by AlphaBotSystem
3
Tezos Exhibiting Signs of Bullish ContinuationTezos (XTZ), currently listed as the #10 cryptocurrency by market capitalization hasn't had as bad of a year as other altcoins. Between October 2019 and February 2020, XTZ endured a mini bull run, increasing the value of its token nearly 360%. Presently, XTZ is exhibiting signs of continued consolidation. Let's go ahead and take a look at the XTZ/BTC pair. Tezos Compression Above is the weekly chart of XTZ. Here, I highlight the importance of how price is reacting off of support. That support, was previously 16 month resistance. That's a pretty bullish sign if bulls can hold this level. Expectation is for continued consolidation. Could XTZ just rip to new highs immediately? Sure it can. However, the nature in which price is slowly retesting both support followed by resistance favors more consolidation. Notice how the Bollinger bands are slowly coming back into price (see above). Super bullish if this continues to compress. A possible result of the compression could be a symmetrical triangle (see below). Completion of this pattern would be approximately end of July 2020. Sign of Possible Altcoin Season Could we have a new leading indicator for altcoin season? Could it be Tezos? I'll be reviewing these questions in upcoming posts. In the interim, keep an eye on the XTZ chart as it does present an additional 2x upside vs BTC. Until next time. Happy trading!
Long
by DailyClose