XTZBTC Regression SupportSitting on regression support, 0.79 regression uptrend. Phat Regression trend. Potential upsides.
Xtzbtcsignals
XTZBTC Symmetry FractalXTZ has been on three major bull runs, each lower than the previous. This leads me to believe that price will decline in a manner that has been seen in the previous two bull runs. Fractal in red.
XTZ/BTC TA Update (Another Leg Down?)XTZ/BTC
XTZ is on a strong or deep pullback and already testing the golden Fib 0.618 level. The RSI hasn't hit the oversold condition yet and we are still seeing increased in sell volume indicating that there could still be another leg down before a strong move to the upside. If XTZ can close the price above 1700 then there is potential that this trend is ready to move up again. Otherwise, we could experience more downward action below 1500 - 1300 regions.
XTZ ANALYSISXTZ
XTZ has had a significant run lately, and is now seeing the retrace. XTZ is currently inside of a small falling wedge and should break out for a relief rally after hitting the yellow temporary support zone. I expect the relief to bring XTZ back close to 21000 sats. From here, I expect another wave down, bringing XTZ all the way down to MAJOR support at 14500 sats. This is the prime entry zone. Stoch is way oversold and RSI is creeping on oversold territory. I expect the small relief to cool off sellers before the next wave down. I would NOT recommend buying now. Wait for the drop back into green buy in. When target zone is reached, I will update take profit targets!
Possible Entries: 14500 sats
XTZ LONG$XTZ
Nearing the 0.382 retracement level, should see a bounce here. Safer level to long from would be closer to the 0.5/POC.
#tezos $xtz down trend to reset all RSI expect few days Expecting this will play out to eventually break out into bullish if $BTC regains uptrend. It might look better to be in $btc moving down than be in $xtz #tezos. My TA are not financial advice #DYOR
XTZBTC Isn't stopping anytime soon TEZOS Quick update on the last dip and consolidation. Tezos held its ground touching the bottom of the channel but quickly showing resilience to continue pushing to the upper channel.
I'm predicting that on this next push we are going to see $XTZ above 30k-32k sats. My first primary target where we can somewhat see a strong rejection is around 35k-38k. I expect a little sell off but if all goes as expected through January, Tezos can & is likely to make a push to 78k sats sometime in the next 50-60 days.
XTZUSD Horn topsClear pattern of horn tops leading to a bearish reversal. A third bearish wave may follow.
XTZBTC Regression analysisStrong regression trend (~0.82) as seen on chart, care when attempting to pick top and likewise bottoms. Overall looks very bullish.
XTZ LONG$XTZ
Consolidating beneath the range high, it's looking more likely to me that we break upwards for +18% rather than down to retest the range EQ.
XTZBTC broke out the resistance | Upto 167% move expectedSince Feb 2019 the priceline of XTZ / Bitcoin Cryptocurrency was moving within a pennant and finally broke out the resistance of this pennant in Sep 2019.
The the price correction was started and in Oct 2019 the Stochastic and RSI went in oversold and at the end of Oct the MACD turned weak bearish from strong bearish and Stochastic gave bull cross and RSI turned bullish.
The Ichimoku cloud is also turning bullish.
We have a new support at 0.00008786 sats after this breakout.
Our target should be the projection area of tail to support of this pennant from 0.382 to 0.786 Fibonacci as below:
Sell between: 0.00015935 to 0.00023495
Regards,
Atif Akbar (moon333)
XTZBTC Buy Signal. Big upside potential.Pattern: Triangle on 1D.
Signal: Bullish as the pattern is about to break out to the upside on a similar manner to the early 2019 formation.
Target: 0.000207 and 0.000267 in extension.
