Xtz
Tezos to $9+ Theoretical Would appreciate some feedbackMade From:
Trendlines
Elliot Wave theory
Fibonacci Retracement
Extrapolated from Weekly Charts and Worked inwards to the 4 hourly Charts
Some feedback whether positive or negative would be greatly appreciated always looking to improve my skillset.
Cheers
XTZ - 6h. Ahead of $9 for Tezos?In just 5 days after the publication of our previous idea , the XTZ price reached the target:
Buyers managed to cope with the range of $4.9-5 . Although after the breakdown of this range, the buyers could not hold it, but the price found support a little lower. As a result, on April 4, the price of XTZUSDT increased by about 40% during the day.
It is worth paying attention to the trading volumes, thanks to which buyers were able to renew the high:
As you can see from the chart, the sellers' stop orders helped the Tezos price rise significantly. However, the sellers' attempt to return the price below the critical range of $5.4-5.65 failed. Although, despite the trading volumes, which sellers wanted to regain control of this range, they had serious intentions. The fact that buyers withstood such a blow at the highs indicates that they are serious about continuing the growth of the price of XTZUSD.
At the moment, the XTZ price is trying to break through the range of $6.65-6.95 . If buyers fail to take control of this range the first time, we will expect a local correction to the mark of $6.3 From this point, buyers will be able to continue the growth wave with an ultimate target of $9
An alternative scenario of the beginning of a global correction in the XTZ market will begin after breaking through the mark of $6.3 . The likelihood of this scenario is increased by low trading volumes in the current wave of growth. Considering the situation on the BTC market , where the price moves in a global wedge, XTZ buyers may not have enough strength:
Nevertheless, this is an alternative scenario for now and we expect the growth trend to continue in the XTZ market.
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Wallet pumper🚀Hey, wolves🔥
There is a new formation only for you!
What do you think? Where the price will go this time?
Is it wedge or three falling peaks?🧐
It depends on breakout direction
Previous bullish sentiment was broken and now the price started to fall.
Let's follow the chart together and for the breakout carefully.
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XTZ and the Elliott Impulse WaveXTZ Day Time frame:
I believe XTZ is entering Wave 4 of an Elliott Impulse Wave. Should retrace some but with EWT, Wave 4 has to respect top of Wave 1, so we should not retrace below 5.50-5.88 price range. (HODL or good BUY opportunity) Once retrace completes we begin the final climb to the top of the EW where some type of Elliott Correction Wave (ABC) will bring us back down.WHERE YOU ASK... I suspect somewhere in the neighborhood of $6.00-7.50 range where we currently are sitting.
Just my thoughts, please share yours!
Thanks for the reads, and likes, and follows!
AND REMEMBER, DON'T CHASE IT, RETRACE IT!
XTZ.USD (Y21.P2.E3).Now is this the beginning of the nextHi Traders,
The story continues and hence an continuation of the previous post.
While BTC is at its final level, it is well known that this type of price action can happen as its known as the shakeout phase before going higher.
Don't sell if your going long term.
As for XTZ, how that shakeout phase works on it is the challenge.
In one way, we have to ignore it and just go with this chart, and the chart says buy.
So how to enter, look for some bullish setup (candle combination as well as the short term indicators, such as the macd, etc) for confirmation.
Good luck,
Cheers,
S.SAri
XTZ/USDT : Breakout from bearish trendline BINANCE:XTZUSDT
Hello everyone 😃
XTZ had a breakout from bearish trendline on low TF.
Now MACD is having a bullish crossover.
There are two located supports at 6.5$ and 6.3$ zone...
Also MA 100 is reaching movement and Volatility seems fine for more couple of bounces in next daily closes !
Attention: this isn't financial advice we are just trying to help people on their own vision.
Have a good day!
@Helical_Trades
XTZUP/USDTXTZ or XTZUP . not different but we bought XTZUP its leveraged token . good profit . and xtz have big fandamental . its NFT coin . so we should see big bullish
ADA uppwards pressureLooking at 4hr chart. ADA is creating higher lows and continues to apply pressure on the upwards resistance.
If pattern continues we will see break to the upside which has already started in the form of higher lows.
Observing the overall market..
BTC has broken to the upside and is working on creating a new all-time-high. This Is good and bad...
good because it means we are still in overall upwards trend and altcoins like ADA will follow.
not so good if you have weak stomach. Price will fluctuate drastically for altcoins as btc flows out of alts to BTC and back.
causing large moves in price.
Try to buy low and be ok with price moving below your purchase price. Or wait for ada to make breakout to upside and retest.
personally I play with profits so I will try to ride out the ups and downs.
possible ada can retest the upwards trendline around ~1.17 - 1.18
possible ada can break upwards with target around ~1.27 - 1.30
XTZ.USD (Y21.P2.E2).Now is this the beginning of a PHi Traders,
The story continues and hence an continuation post.
It has the makings of a parabolic cycle and hence I will be tracking to see if this is the case and go lone until it says no.
My plan would to take profit out and let the rest run.
Here is a previous fractal to use as a reference and you decide.
All the best,
S.SAri
PREVIOUS POST
Parabolic foundations
XTZ 7$XTZ was one of the last mover from the current bull market. In the next phase for altcoins I see xtz moving (and possibly very easily) to about 5.90 (~6$) and then to 7$. I have marked 9$ as a potential target. I think 9 is a bit of a stretch, as it puts xtz WAAYY in to overbought territory.. but this is crypto.. there are no rules. People are greedy and taking huge risk.
it is our chance to take advantage of this... carefully***
BTC. "This feels like a trap?"Not much to say.. looks like an inverse head and shoulders. Not much volume pushing this though.. I am very wary about buying in now.. the price could easily break neckline and then dump. It would be prime opportunity for such a move.
Although BTC has not behaved as it did in 2017.. We have not seen a hard correction in almost a year since this bull started.
I personally will wait for a clear sign of movement. Its ok to miss out on profits here, or to take a loss there. Life will go on and you have a bright future ahead of you. Don't forget this truth.
(and to my followers... you guys rock)
HOLD XTZ .... Tezos in 2 digits soon (+150%)as we can see right now Xtz was accumulating since 2019 and tried 3 times to broke this resistance and it didn't pass through,however from 3 days it managed to break it!
we can be sure that's not a fake breakout as we can see a full bullish daily candle closed above the resistance line and it tested it one time as a support and it worked.
now we have as a strong support we can depends on.
my advice to not lose this opportunity and for holders buy more safely.
✅ Buy: 5.90 - 6.50 ✅
🎯TARGETS:
1- $9.400
2- $12.90 (take profit for 70% -80%)
3- $16.00
💵 Trade Size: 5-7% of Portfolio
🚫Invalidation(SL): daily candle close below $4
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XTZ/USDT TA Update after broke our All time Resistance#XTZ/USDT TA Update:-
$XTZ currently trading at $6.16
And $XTZ supper bullish because broke out all time resistance level.
Now no resistance upward.
Entry:- $5-$6.10 ( partially)
Targets:- $8/$10/$13
Support:- $5
Resistance:- No resistance
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Thank you.