Xtz
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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ForecastCity English Support Team ❤️
$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
XTZ/BTC Bullish Channel ReversalXTZ/BTC has formed a nice bullish channel since a week or two, launching the price upward. If you've read my previous X/BTC ideas, you're aware that I'm bullish on all X/BTC pairs currently. Luckily for us, XTZ/BTC has produced a nice bullish setup to trade.
To trade this, wait for the price to close above 900 sat. We need some form of confirmation to determine that the price is actually bouncing from the bottom trend line.
I've placed two areas of resistance on the chart, R1 and R2. Do your own due diligence.
Happy trading!
XTZ has crossed this line before. What's different now?I wrote a massive explanation but it got deleted somehow. so hopefully the explanation on the chart is enough.
If not, feel free to ask any questions :)
