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Tezos XTZ - 6h. Buyers Ready to Storm $7.25-7.7The beginning of the week on the cryptocurrency market turned out to be not entirely pleasant. Tezos is no exception. During Monday, the price of XTZ fell 16% . For comparison, the price of BTC fell by almost 10%, the price of ETH - by almost 12%. If we compare XTZUSDT to the most powerful coins in the crypto market in terms of dominance, buyers kept the price quite powerfully. Our previous idea worked halfway through. Buyers failed to hit the mark of $10 without a deep correction: Looking at the nature of the fall in the price of XTZ and its stop, we slightly adjusted the liquid price zones. Thus, the chart shows that: - major buyer support is in the range of $5.5-5.85. - Problems with the continued growth of the XTZ price begin to arise in the range of $7.25-7.7. If you look at the 6 hour timeframe , you will notice that buyers failed to take control of this range for the fourth time: By the way, the fall on May 10 was quite natural. Please note that the correction in the XTZ market started earlier - on May 7. It was after the sellers dropped the price below $7.25-7.7 that we saw a new impulse for the fall. However, the price of XTZUSD continues to move in the local black growth channel . In addition, yesterday's close of the daily candle is encouraging to think that the fight for the range of $7.25-7.7 is not over. The main signal for the continued growth of the Tezos price to $10 will be the retention of the local level of $6.66. In our opinion, from this mark, buyers will begin an assault on the critical range. ________________________________ We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements. Subscribe to us and get daily concise analytics! We do not consider the alternative scenario until the price of XTZ is above the range of $ 5.5-5.85.
by P_S_trade
17
XTZUSD Tezos 1D Respecting Upper Resistance and Lower SupportI believe Alt season is still upon us until we see a turn below a very strong support level. Despite the lack of news and glamour for Tezos, it still has legs. Tezos appears to be one of the few alts this season that has not yet really had a breakout to 3x and higher going back as far as October and November. Since that time, ADA, LTC, ETH, BCH, DOT, UNI, XDG, and XRP have all atleast gone 3x or further. Exposure to some of those other alts would have been a good move in addition to Tezos. I am long in those other alts as well as Tezos. Based on the trend of Tezos, we seem to be bouncing between the support and resistance lines upward. I wouldn't necessarily take any action now either buy or sell, but wait for further entry in the buy zone and look for opportunities to sell in the sell zone. We could see Tezos in the next 3 weeks go down to $4.98, don't panic unless the daily closes below that, use that as an opportunity. I hope this helps Note: Due to unforeseeable events that may occur due to twitter , bitcoin news, SEC, Pandemic's, or huge moves in bitcoin , don't hold to this chart. This is purely my analysis of what I think might play out. I've been right and I've been wrong, due your own due diligence. I'm not a professional trader, but someone trading in this space for several years. If you like my analysis or what I'm doing, give me a like.
KRAKEN:XTZUSDLong
by Quant_Trading_Pro
MY MINIMALIST CHART ANALYSIS FOR $XTZ$XTZ TEZOS ON A DAILY CHART 5.10.21 1058H +8 PACIFIC MY PRACTICE MINIMALIST ANALYSIS ENTRY AND EXIT POINTS FOR A SWING TRADE USING RANGE BOXES AND FIBS (NO INDICATORS) Note: Run your Fibs to verify price action corrections and extension levels. The Range boxes by themselves are used as confluence to The Dynamics of the Market. Check pattern formations and candlestick formations if you wish. This is not a piece of financial advice. I am just a student and still learning. Adjustments will be made in accordance with The Dynamics of the Market along with Trading Psychology. Postings are most often delayed, as it takes time for me to finish several assets in my portfolio. Updates will be posted religiously if time permits.
COINBASE:XTZUSDLong
by The_Crypto_Samurai
2
TEZOS (XTZ/USDT) - Potential BullHi All, New to Tradingview, never have published any charts before, so i though i would take a shot with Tezos. Bullish Scenario: - Potential Cup & Handle on the 4 hour. - Falling wedge (possible handle). - MACD on the 4 hour bull has a bullish divergence (signaling a bullish cross). - RSI on the 4 hour has been stagnant (sitting around 50). - Still above EMA's on the daily chart. - If volume increases, a break out of the falling wedge is likely. Bearish Scenario: - BTC dumps dragging most of the market down with it. - Everything is the market has had a decent run up as of lately, possibly overheating, - Daily RSI has a bearish divergence (sitting around 60). - Daily MACD has a bearish divergence (signaling a potential bearish cross). - Needs more volume. To Long or not to long? Short term targets if bullish breakout occurs - $7.3832. Long term targets if Cup & Handle play out - $8.41 and above. If dump - looking at support around $6.24 or even lower at $5.79. Trade wisely and keep your eye on Papa Bitcoin. Thanks! :)
by ObamaBinLyin
1
XTZ Token Final Call, Rocket Is Ready To LaunchXTZ token price traded at $7.77 with a gain of % over recent 24-hour and an increase of % in the weekly period. Besides, XTZ price action is way above the EMA Ribbon, leading to soaring in future trading sessions. In contrast, the market capitalization increases to $5.85 billion. Technically, investors can see testing at the resistance of $7.78. The Stochastic RSI index features a flat slant and values in an overbought region. Additionally, the price movement can be above the resistance of $14 in future trading sessions. Resistance: $7.80, $10.0, $12.35, $14.50 Support: $3.90
BINANCE:XTZUSDLong
by tcr_thecoinrepublic
WRX vs XTZ 🔥Hello, traders♥️ Let's compare price movements of WRX (that already at the moon with XTZ, that still with us on the Earth)🤣 Breakout of a falling wedge is an excellent buy signal, that confirms by MA's crossed🔥 Try to put take profits levels at time at some levels 🤑 My previous analysis on both coins 👇 Thanks for attention🙏 If you liked my chart, don't forget to click LIKE, it's not difficult for You, but I'm pleased ♥ ️ Also subscribe for not get lost😉 Always sincere with You♥️ Your Rocket Bomb🚀💣
Long
by RocketBomb
7
Tezos (XTZ) Massive Jump Coming Soon...Here we have another one of my original, and also classic, signal. The black line on the chart stands for MA200, again, and this one is trending down strong. As MA200 trends down... Prices trend up. We are likely to see XTZBTC Trezor trading pair starting to grow. Above MA200 we go super bullish with the doors open for strong moves, 50%, 100%, 200% and more. Below MA200, we can see additional consolidation, even a another retrace before prices go up. The markets are always changing... We can see a break of MA200 today or it can take 3 days, 1 week or more... It all depends on the daily candle close, the entire market, Bitcoin and all the factors that affect these markets. Since prices can go down just as they can go up... When we are trading, we simply set our targets, buy and hold. If prices go below our stop, we close at a loss... :( But if prices go up, we collect the profits and enjoy... :) We don't do anything in-between. There is nothing to do ever... We simply wait! If you are patient, later you can enjoy the results. We are in the green on this one. Thanks a lot for your support. Namaste.
Long
by MasterAnanda
32