Xtz
NMR wants to move upNMR is looking ready to move up. I've marked support and resistance markers along the way. Price has been trading sideways for a while but volume and RSI and MA are all bullish.
good luck.
XTZ 1H BUYAlso set some Buy orders near the Trendline
Remember no more than 5% of the deposit in one trade
SL: next sell signal
XTZBTCAlthough the gap between 1D MA200 is somewhat a lot, if it falls into a bigger bullish trend, it may reach even MA360 on the daily chart
XTZUSDT (TEZOS) - IMMINENT BREAKOUT ANALYSIS 🔎
- XTZUSDT is consolidating in a symmetrical triangle pattern .
- A relatively big move is imminent.
- There's a breakout potential.
POSSIBLE PRICE ACTIONS
- Uptrend ⬆️: breakout above the symmetrical triangle's inclined resistance.
- Downtrend ⬇️: breakdown below the symmetrical triangle's inclined support.
TARGETS 🎯
- Uptrend ⬆️: Horizontal resistance levels (R1, R2).
- Downtrend ⬇️: Horizontal support levels (S1, S2)
Happy 2021: Taxloss Selling is Over Longing XTZ from 7200 sat. 2020 taxloss selling is over. Time to find some deep value plays and XTZ is a prime example. Collect a ~6% staking reward while getting a 50% bounce to 10k sat at a bare minimum.
Tezos Channel holdingWe are beginning to see a lot of movement in tezos here. Our subscribers know that a breakout of this $3 area is rather bullish . This channel on Tezos has been holding for some time. We are targeting the $10 area once we breakout above $3 and start moving.
Cheers,
TCF
LOOKS ABOUT RIGHTIm no scholar and this isn't finanical advice but lets see what volume does shall we?
💡Don't miss the great buy opportunity in XTZBTCTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.0000855).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. Tezos/Bitcoinis in a uptrend and the continuation of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 46.
Take Profits:
TP1= @ 0.0000975
TP2= @ 0.0001040
TP3= @ 0.0001110
TP4= @ 0.0001200
TP5= @ 0.0001335
TP6= @ 0.0001530
SL= Break below S2
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$XTZ/BTC 12h (Binance Spot) Descending channel breakout & retestTime to swing trade Tezos after that bullish breakout, entering on the pull-back.
Current Price= 0.0000937
Buy Entry= 0.0000940 - 0.0000870
Take Profit= 0.0001401 | 0.0002132 | 0.0002784
Stop Loss= 0.0000657
Risk/Reward= 1:2 | 1:4.95 | 1:7.58
Expected Profit= +54.81% | +135.58% | +207.62%
Possible Loss= -27.40%
Fib. Retracement= 0.382 | 0.618 | 0.786
Margin Leverage= 1x
Estimated Gain-time= 1440h
