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Xtz

XTZ CUP and HANDLE on daily at PCZ of bullish HARMONICXTZ has been my favourite coin to trade in the past few months because it respects the technicals so well. Looking at the situation now we can see that it has been following a downward channel that might have gotten too deep to call it a standard cup and handle formation, nonetheless when being in this channel it has created 4 counts of bullish divergence on the macd and RSI on a DAILY timeframe, along with a massive count of bullish div on the weekly. With this it has hit the Paz of a bullish harmonic at the 78.6% retractment. I have accumulated a lot of this coin but haven't opened a long yet. A type two return at the Pcz would be ideal but it looks too strong to return there. Entry: Between 4.38-4.19 depending on lower timeframe pa and btc pa (needs to stay above 47.7 ideally). - If btc breaks down will look for entry around pcz of harmonic. Targets: 5.64, first tp but add to position if it finds support above. Long term hold target: 13-16 dollars
COINBASE:XTZUSDLong
by SynergyTradingSetups
XTZ: The Beginning of a Reversal?Hey guys, this is Julie 😉 Let's talk about Tezos today. I am quite optimistic about XTZ, it is in a clear support zone (orange line) - this region has served as support/resistance many times before, and it doesn't look like it will be lost this time. The bears don't seem to have the strength to make Tezos fall again. We can see that the volume has increased a lot today, proving that the bulls are stronger! 🔥 And we have a nice Bullish Pivot on the hourly chart, reinforcing again that XTZ is recovering and this could really be the beginning of a reversal. If today's candle closes above this green line, I believe it would be the best time to buy XTZ. __ On the weekly chart we can see that Tezos is still in a Bull trend, making higher highs/lows (I can't post the image here). And that is why I believe that if today's pivot is not triggered, Tezos will not fall below the red line (the price low in Dec 04). It may start to move sideways for a while, but it is very unlikely to fall. And that's it! Thanks for reading my analysis! Please, support me with your like and subscription! 😍 Bye bye, have a nice day. 😉
BINANCE:XTZUSD
by Juliehodler
3
What is XTZ?Tezos is a blockchain network that’s based on smart contracts, in a way that’s not too dissimilar to Ethereum. However, there’s a big difference: Tezos aims to offer infrastructure that is more advanced — meaning it can evolve and improve over time without there ever being a danger of a hard fork. This is something that both Bitcoin and Ethereum have suffered since they were created. People who hold XTZ can vote on proposals for protocol upgrades that have been put forward by Tezos developers.
BINANCE:XTZUSD
by V4silySrednek0v
1
🔥 XTZ Forming A Bullish Inverted Head & Shoulders PatternSince the major sell-off late last week, XTZ is one of the most volatile assets in the market. A massive bullish push of +60%, followed by an almost 30% sell-off. This morning, XTZ found support around $4.5 area. This reversal is shaping up to form the second should in an inverted head & shoulders pattern. Conservative investors might want to wait for the pattern to be completed before entering a position. Risk-loving investors might want to consider stepping in now to ride the potential wave upward. For the remainder of the weekend, BTC and the stock markets seem to be in a relatively good shape due to positive inflation news. I'm quite bullish. Happy trading!
by FieryTrading
14
TEZOS (XTZ) - Attempting to break a long draw downI grabbed a small amount of XTZ last dip as it was approaching a zone of interest. It has subsequently seen a nice bounce which has broken from the declining trend marked on the chart. it is currently retesting this breakout and could be worth entry. This rebound is confluent with the 0.68 fib retrace and support zone marked. Note, the trend does not touch that many price points and an alternate trend is marked in the dotted line that is worth paying attention to. For prudent traders, this is still structurally quite weak so look for entry once it regains the 0.5 and breaks this shallower trend - not a bad idea with the question mark around BTC and wider market right now too. Worth putting on watch list if you don't want to risk entry now. You can see this current rebound stopped at the 0.5, once we regain that 0.5 that will be confirmation for me that buyers have taken over One for the watch list
Long
by jamoooo