Xtz
Tezos (XTZ) formed bit Shark for upto 276% big moveHi friends, hope you are well and welcome to the new update on Tezos (XTX) coin.
On the weekly time frame chart, XTZ has formed a bullish harmonic Shark pattern. There is strong support at $1.80 in the buying zone.
The buying area is too wide therefore I would recommend using $1.80 as stop-loss because here we have very strong support.
Tezos (XTZ) Hi there
long time no see
I just add tons of XTZ to my portfolio
for new friends who just joined crypto, Tezos is a coin created by a former Morgan Stanley analyst, Arthur Breitman. It is a smart contract platform which is does not involve in mining Tezos coins. It is a coin that promotes themselves on major ideas of self-amendment and on-chain governance. It is an Ethereum-like blockchain that hosts smart contracts. It allows the community to vote and improve its flaws. Any token holder may delegate their voting rights to others in the network. The coin uses a generic network shell which allow different transaction and consensus protocols that a blockchain needs to be compatible.
The source code is implemented on OCaml which is a fast, flexible and functional programming language which should suit an ambitious project and its technical requirements. Tezos’ proof-of-stake consensus algorithm is different from the delegated proof-of-stake (dPOS) where they go by the name liquid proof-of-stake. This liquid proof-of-stake that Tezos uses focus in filling the gap between both security and decentralization but still being able to take advantage of the benefits that delegated proof-of-stake offers. The staking process in Tezos is called “baking”. In this blockchain, bakers who make deposits will be rewarded for signing up and publishing blocks. However, if a baker commits any bad behavior the deposits will be forfeited.
targets 3 - 4 - 6
stop loss 2 - 1.7
see ya
$XTZ/USDT 4h (Binance Futures) Symmetrical triangle breakoutTezos has broken out of the triangle and is looking good for bullish continuation here.
Current Price= 4.069
Buy Entry= 4.014 - 3.906
Take Profit= 4.323 | 4.629 | 5.119
Stop Loss= 3.669
Risk/Reward= 1:1.25 | 1:2.3 | 1:3.98
Expected Profit= +18.34% | +33.78% | +58.54%
Possible Loss= -14.70%
Fib. Retracement= 1.414| 1.764 | 2.272
Margin Leverage= 2x
Estimated Gain-time= 2 weeks
XTZ Global landscape 777 zone?The price is moving in an uptrend.
Important areas to work with are indicated.
What Is Tezos (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.
This open-source platform bills itself as “secure, upgradable and built to last” — and says its smart contract language provides the accuracy that is required for high-value use cases. According to Tezos, its approach means that it is futureproof and will “remain state-of-the-art long into the future,” meaning it can embrace developments in blockchain technology.
The technology underpinning Tezos was first proposed in a white paper that was released in September 2014. After a series of delays, the Tezos mainnet launched four years later.
Last expectation: XTZ under 1.92I hope this is the final leg down, and after this the bull market will come back.
Today we had yet another dump, and I've cleaned up my graph and tried to make something out those Fibonacci's.
0.382(7.1USD) was resistance two times.
0.618(6.3USD) was resistance two times.
0.786(5.8USD) was support two times.
Once 0.786 was broken through with ease, 1(5.1USD) was support once, 0.786 became resistance, then it dumped hard.
May 19th to 24th (today)
0.236(4.4USD) was resistance two times.
Price floated around 0.618(3.4USD) with 0.5(3.7USD) being resistance.
0.786(2.9USD) was support two times.
Today at 12:30 we fell right through 0.786, to retest 1(2.4USD) as support. It held, once.
My last expectation:
0.786(2.9USD) will be retested tonight. If it continues to be resistance, we'll retest 1(2.4USD) and I hope we fall right through it (like on May 19th), in order to be saved by 0.236 of the next period (1.9USD).
Otherwise, if we come over 0.786, I might be really tempted to buy back once we're in the clear over 0.618. I see already that my previous idea linked here (If we remain under 3.32...) is somewhat being attacked, because we dumped through 2.89 but we are currently back up a bit.
Short in the short term, long in the long term.
Note: a much better view would be obtained by looking at BTC or ETH, not XTZ. But I look at this becaus this is what really interests me.
This is not financial advice, I'm just a noob that discovered Fibonacci's.
Opinions?
Trading is actually not difficult, the key lies in your mentalitGrearice and fear are things that each of us cannot eliminate, for without greed and fear, that is the Buddha, and we are mere mortals. But not eliminated, does not mean not restraint, we can minimize their impact.
The market is not supported by much fundamentals, and has been highly leveraged by the exchange, and the participants are young, which is doomed to the market to be highly speculative.
There are actually a lot of opportunities in an already highly speculative market. If you can balance your mind and compare it to traders in other markets, you already have an innate advantage. But most people do not see the nature of the problem, but have become more restless with the ups and downs of the market. When you love the imbalance, the operation must take shape, the result can be imagined.
So a good attitude is very critical. What is your goal? If you expect another 30% gain a year, it is easy to achieve in this market. If you expect something 300% a day, that's something against the law.
But how many people are the first mindset? If you are, I would like to share my method with you. If you are the latter, it is recommended not to see my post.
These days fell sharply, the risk released a lot of, so trading opportunities also appeared. The day before yesterday, I began to buy some money for readers. We chose copycat coins, because copycat coins fell 70% , away from the top, with more room to rebound. And such a trend has appeared many times before. I also wrote at tv
So we ' re waiting for two days, and my strategy is the macd Golden Fork +ma18 breakthrough. The first macd Golden Fork was not successful, but I know it has fallen 70% down, the rebound must have had, and the copycat currency would be more violent.
In fact, the ma18 was not broken through after the first macd gold fork, so we didn't even need to correct the error, and then formed the standard right - hand signal yesterday.
As the result of this strategy, everyone sees that even if we don't bet on the minimum point, triggered according to the right standard, the 20% yield is very easy.
You see that the transaction is so simple, just wait patiently for an opportunity, and how many times does the 2 - hour departure happen at the end of a year? After we screen through experience, even if not have 20% revenue each time, do you think trading will be difficult with such a high yield ratio?
So, the state of mind is very critical, you have to force yourself to do 300% of the income a day, isn't it against the law?