XTZ short setupTezos had a nice run over the past week but is still in a general downtrend and currently reaching a tough resistance area, which coincides with:
- 0.5 FIB level
- 50 EMA
- Low volume compared to the last big run in sep/21. This makes me confident in that we are more likely to see a move down.
Waiting for confirmation on the lower timeframes before entering
Xtz
XTZ/BUSD Prediction AnalysisGood morning guys,
I made a simple analysis for XTZ/BUSD
I found cup and handle pattern for XTZ in 1d timeframe
I reckon you guys to entry at 3.7 - 3.8 BUSD
And take profit at my "potential target 1, 2 and 3"
Happy trading you all !!
Good luck
Critics and comments are super appreciated
Thanks!
PS: This is not financial advice. Please DYOR before entry the market
XTZ - TEZOS TREND LINE AND BOUNCE TRADE POTENTIAL !XTZ - TEZOS had a pretty big correction with the bitcoin crash, but now we came to a point in our support - Buy zone which up to now always defended the price and had a huge bounce to the upside! Will it happened again? It's a possible bounce trade but always keep in mind the bitcoin price action which matters a lot on our alt coins prices!
CryptoDrou
Always trade safely!
🔥 XTZ Bullish Channel BounceIf you've followed my XTZ trades over the past couple of months, you've seen this huge bullish channel before.
Well, it seems we've got another bullish channel bounce at our hands. With BTC showing slight bullishness, and stocks reversing strongly, I'm anticipating more bullish price action for XTZ.
Targets placed at recent tops.
Happy trading!
💡Don't miss the great buy opportunity in XTZUSD @tezosTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (3.130).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. XTZUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 64.
Take Profits:
TP1= @ 3.479
TP2= @ 3.800
TP3= @ 4.109
TP4= @ 4.426
TP5= @ 4.777
SL= Break below S2
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💡Don't miss the great buy opportunity in XTZUSD @tezosTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (3.130).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. XTZUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 64.
Take Profits:
TP1= @ 3.479
TP2= @ 3.800
TP3= @ 4.109
TP4= @ 4.426
TP5= @ 4.777
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
XTZ Bullish ChannelHello Traders, Bag holder's and Mewn Boys,
After a long downtrend since October it seems as if we are finally coming to a draw at the downside. As you can see Tezos Has been in a bullish Channel since back in October of 2019 topping at its most recent high above $8 in October of 2021. Starting the year off in 2022 the crypto space has not gotten off on the right foot yet, I see a beautiful ending to 2022 regardless of what happens in between. Don't let the rocky road take your eyes off the prize that crypto and Bitcoin were made for just such an occasion that we are currently in and surely Crypto did not just show up and pass out early at its own party.
As XTZ reaches the bottom of this channel we can see that the relative strength index has entered an area in which 4 times in the past has called the bottom right before a large rally to the top of this channel.
I hope you enjoyed todays Technical Analysis and would really like to discuss your opinions in the comments below. Let me know what you think about the political news in America with Biden pushing regulation on the crypto space and what you believe the impact of this will be.
Clear your head of the noise and read the story the chart is telling you.
Savvy
XTZ - Long-Term Bullish Reversal!Hello everyone, if you like the idea, do not forget to support with a like and follow.
XTZ is approaching a strong support so we will be looking for buy setups.
on DAILY: XTZ is forming a channel but the upper trendline is not valid yet, so we are waiting for a new swing high to form around it to consider it our trigger swing. (projection in purple)
Trigger => Waiting for that swing to form and then buy after a momentum candle close above it (gray zone)
Meanwhile, until the buy is activated, XTZ would be overall bearish can still trade lower inside the green.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
XTZUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the weekly time frame. There is the S1 line which has supported the price in the long term. It is at a very good spot to buy while keeping the Stop Loss. There is the R1 line which is a very strong resistance and the price has made long shadows to this line in the current months. If the S1 holds, then you can save your profit at the R1 line and if R1 is broken, then the price will increase more. If S1 is broken, then there would be more falling which is less likely.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
Tezos XTZ - Buy and Sell with Funnel Trend Pattern We broke down from top of funnel off weekly TD9 Sell, while slightly above daily sell zone area.
In the weekly Buy Zone now. If we break down from this zone then green daily and weekly green supports line are in play near bottom of funnel.
Red weekly extended sell zone is in play for an area to take profit after funnel break out.
Happy trading!
XTZ Rebound Coming Soon!?doing a little update on XTZUSD on a 4H timeframe, since out last TA we were trading inside of the red pennant, we had a false breakout and a once again a drop that is keeping us in this sideways structure. Shown by the green horizontal lines we have been getting rejected and have bounced many times in this zone, going all the way back to the beginning of september we have been stuck in this sideways channel, the positive thing is that we are respecting it very well on the support side not slipping through the bottom, we are currently sitting near the bottom of the zone just having a bounce off of it and starting to move to the upside. Looking at our pivot points, price action just bounced off the S1 support level and our next target is definitely the blue pivot point, this level if broken above and held can trigger a reversal and pivot to the upside, we also have another pivot point we are looking at above the blue zone and capturing this level should definitely give XTZ that bullish boost we need to really start moving up. I also have a breakout zone drawn out that is going to be important to capture, it lines up with the secondary pivot point and is a decent ways above the green sideways channel we are currently stuck in, breaking above here and holding the box i have drawn out will give us big bullish momentum and is what we need to do to really get that upside boost, i should also point out that getting ahold of this area effectively breaks the current sideways structure and should lead to a breakout! Now looking at our wavetrend we are looking good here we had a bit of a double bottom in the buy zone and have since started to reverse to the upside, keep in mind this indicator is slow moving and doesn't usually make jagged or sharp moves, we usually see a smooth transition between bearish and bullish waves, i am expecting this to be the start of another bullish wave that could bring us well above that midline, we havent seen a really strong bullish wave since earlier this month and i am looking for something similar here coming soon!
XTZ CREATES PRESSURE It's tried to break it once, it failed. Now XTZ is coiling up big times under the resistance since oct'21.
In dec we might have seen the low and a 1-2, 1-2 formation since then.
Start a 3, break that resistance and fly
Hold my beer pls
----
No financial advice, do your own research, don't be stupid
BTC possible drop : Alt-seasonAlts are popping as BTC funds move out of btc into other coins. But I believe the next phase will play out just as it did in previous months. BTC still has not filled the previous low around 42,300$. Alts are moving up in anticipation of the next drop. I expect the moves to be something as follows:
-alts move up to MA (currently happening)
-Btc drops (probably hard and heavy)
-alts drop following btc drop (a good buy opportunity for alts imo)
My personal trade plan is to wait for btc to drop down towards previous low to create a Higher low. This would be my entry point. Not into BTC but into altcoins.
Happy holidays everyone.
Best of the Worst Crypto since New YearsOur ear's still ringing from the brilliant crash-boom-bang's kicking off the New Year, we take a look at the top coins ROI progression since January 1st, 2022.
Quite unexpectedly for me, I watched KNCUSD pop massively last week with great pleasure. Still the ONLY coin in my top-of-the-marketcap-list of crypto's under watch in the green, the bearish momentum appears to be contained for the moment, with some signs of bullish reversal wave beginning. However, we're far from confirmation of any reversal. So keep your eyes open for increased volatility.
At the head of the pack is FTTUSD, now just -%1 down since the start of the year, recovering nearly 10% from the low's on January 8th.
XLMUSD and XTZUSD aren't far behind, just -3% and -4% behind for the year thus far.