Tezos - 6hr is one to watchTezos is one to watch for a potential breakout. XTZ has a Symmetrical Triangle on the 6hr Chart with support from its Conversion Line (Tenkan Sen) and its Bollinger Bands Middle Band Basis. The RSI is indicating Sideways Momentum at around 56 indicating XTZ could potentially move much higher before hitting the overbought range. The MACD is also indicating we may get a MACD Line (Blue Line) cross back over the Signal Line (Red Line) which would indicate renewed upwards bullish momentum. Overall Volume is increasing slightly so we will have to wait to see if this 6hr candle closes in the green. Definitely one to watch. I hope this is helpful. Good Luck 🙏
Xtz
💡 Don't miss the great Buy opportunity in XTZBUSDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (4.20). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. XTZBUSD is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 56.
Take Profits:
TP1= @ 4.7680
TP2= @ 5.2300
TP3= @ 5.3115
TP4= @ 5.6550
TP5= @ 6.1510
TP6= @ 6.6780
SL= Break below S2
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💡 Don't miss the great Buy opportunity in XTZBUSDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (4.20). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. XTZBUSD is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 56.
Take Profits:
TP1= @ 4.7680
TP2= @ 5.2300
TP3= @ 5.3115
TP4= @ 5.6550
TP5= @ 6.1510
TP6= @ 6.6780
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 trader ?
Now, It's your turn !
Be sure to leave a comment let us know how do you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
Tezos (XTZ) looks bullish, The breakout will be hugeTezos is looking bullish on the daily chart and forming an ascending triangle known as a bullish pattern and usually breaks out upwards. XTZ is not much pumped from its bottom while other alts are pumped 3-5x. There is a lot of room for growth for XTZ from here.
Buy Zone: 885-910
Target: 990-1110-1330-1445-1640-1760-1870-1980-2120-2330-2500
XTZ $10+ targetI have posted this chart before. The channel has held, the move to the upside is now happening. The XTZ/BTC cross is extremely oversold and moving to the upside.
It seems the more magnets I put on, the better. So I really piled them on this time for some extra upwards movement.
Targeting $10+
Cheers,
-Sherem
XTZ to Follow LINKHi guys, it’s been a while since I posted something here
My last publication was about Bitcoin and it turned out to be quite on-point (as usual)
BTC is on its way to $50k (and far beyond) , but there’s definitely something more interesting going on with Alts
Take a look at Tezos (XTZ). Structure looks very similar to what LINK printed in 2019-2020. What followed after that you all know
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The information given is never financial advice. Always do your own research