Planning out some support and resistance lines for us to observe Tezos after the interest hike. :-) It still can drop
These are my observations as a noob: I haven't yet looked at Tezos until now, it seems like the fib time zone seems to play a part and the downward wedge also seems (IMO) to suggest an upturn. Let's see how it plays out
This is a good moment to make the first entry for tezos. I think the price could be better, maybe 6.5 usdt, but for the people who sold over 9 usd, buy again in 7 it's ok.
Could go to $2 to accumulate again. Otherwise we are looking at a conservative $12 near term.
Hey guys Whats up ? In here we have a amazing chart and coin From some days ago the correction was finished and the trend was changed At now we are in upward trend but we need pullback the we can take long position and buy we shown on chart two zone for buying , why two ? because we are in pullback and we dont know where the pullback wanna finish and continue...
A nice and easy short action on this correction of this parabolic ascending channel. Bitcoin done exactly the same yesterday evening. Sell the next top of the channel and close your position at the goal. Simple.
Hi, There is now 3 targets to close short poistions. 1 is safe and right now. 2 has good luck to happen when we look at the volume divergence right now on this mini ascending channel. 3 is the main support, the best point to close. (the second point of a double bottom in weekly chart). Then we switch to long position, with a safety stop loss, because the weekly...
Next target is the bottom of the weekly channel.
💎Technical Analysis Summary💎 BINANCE: XTZBTC -Tezos is trading inside a descending channel -The pattern is Bullish if breakout to the upside -The major support area is at 1600 range -That zone is tested support twice and saw an upward move -If XTZ will continue its downtrend, it will likely test this region -I recommend buying the breakout of the channel to...
XTZ/BTC -Tezos is back at previous major support area since March trading action -This coin has been trading inside a sideways channel with a 40% range -If history repeats itself, we might see another bounce up a rally to 3750 sat -Only if XTZ can hold this level again for the 5th time -Stoploss can be placed below 2400 sat
XTZ/BTC -Tezos confirms the previous key support at still valid today -The price manages to recover from its drop recently -It is now approaching the trendline resistance -This is very crucial if XTZ can break outside this triangle pattern -If you are looking to buy a position, I recommend waiting for the breakout -Because this will give a strong bias that the...
XTZ/USDT -the price is approaching the trendline resistance again -technically, we are in a bullish market -as the price action is above 200ma -our objective is to look for Long entries -if we can close above this line resistance -opening a Buy order is the best position -upside potential is the key swing top at $4
XTZ/USDT -bearish rejection from 50ma -multiple rejections from previous support -if XTZ can't break above 2.65s and hold -we might see another leg down to 2.2s -technically, it is on a 4H downtrend market -trading priority is Short
XTZ/USDT -the bearish pattern is confirmed -downside target is almost reached -we either see a retest of the neckline -or continue down to previous support at 2.1s -short term sentiment is bearish
Best target is 0.23 FIB retracement if breakdown occurs. I've put in Pink SPX price which is going very similar those days.
And Pull back already successfully done.
The breaking is coming very soon! Are you short or long. I'm 50,1% short in middle term with a retest and confirmation of 1$ bottom. Share your POV