Get started

XTZUSD

Tezos has a potential cup and handle brewingThis is a higher risk set up than what I normally but what is in the chart is in the chart. This would require not only for this chart pattern to perform but would also require BTC and ETH to behave over the next couple of days to week week as to not confound what is going on here. The main chart has hidden bullish divergence on the 12 hour and the chart below has classic bullish divergence on the four hour. This suggest to me that Tezos should be moving to the neckline of the cup and handle when the falling wedge performs to the upside and from there we can see if there is enough momentum for price to break the neckline and potentially turn the previous resistance into support and have a nice impulse to the upside. The chart below shows that the price action has found support on the 3x VSTOP and also the 20 day SMA so the chart formation has some technical support. A quick review of the 20 day SMA and VSTOP shows that when the price action breaks them as support that the decline is steep, once again meaning this to be a high risk trade and set up if traded without a good stop strategy . Thankfully the wedge gives us a chance for a couple of technical entries. I made mine a few hours ago betting on the wicking action at wedge support is a low. Break out traders could look for trades on the wedge or cup neckline or should price action retest the broadening ascending wedge support later on after a pull back. Risk reward to retest ATH is pretty decent and with the bullish structure I am in the trade. Thanks to the VSTOP and falling wedge I should see this perform sooner as opposed to later. s3.tradingview.com
KRAKEN:XTZUSDLong
by This_Guhy
1
XTZ moon shot $8, $9, $10?XTZ has double tested the 6.00 mark and shown strong support. 3H chart shows a clean 'inverse head and shoulders' pattern forming. If this is the case than we are in for a wild ride. Possible that 6.20 range will be reached one last time before beginning the leg up. If this plays out I could see the following targets 8$, $9, $10 being very reasonable. These are new highs for XTZ so it is hard to say where the top will be. XTZ/BTC chart shows ready for breakout as well. When both XTZ/BTC and USD pairs begin moving up simultaneously we will see fast movement upwards.
COINBASE:XTZUSD
by The_Yeager
4
XTZ - Correction (As you asked)Same idea as the previous THETA chart. XTZ looks weak, it has two strong support areas to hold the price up and also two resistance areas which might cause more correction. If you're into opening long positions then wait until the price crosses the resistance areas and then after the first 4H confirmation, open your long positions and aim for the target. ⚠️ NOTE: This usually happens when a coin gets hot on crypto platforms: it might go down by a little and then get back up to a new high. Good Luck 🎲 Tell me your ideas. Like and Share 🗣✅
by ShawnMCR
2
XTZUP Bullish ScenarioIf XTZ can start to turn up on the /btc side of its market pairs - xtzup could continue to extend the local reversal into on a positive trend to new highs. This is NOT financial advice and is for educational purposes. The projected path is not a prediction, price action will deviate on the way, it is simple a reflection of potential areas of localized resistance and support within the price action on the way up and back down. This is mostly to test an idea.
XLong
by Miker66c
3
Tezos XTZ - 6h. Buyers Ready to Storm $7.25-7.7The beginning of the week on the cryptocurrency market turned out to be not entirely pleasant. Tezos is no exception. During Monday, the price of XTZ fell 16% . For comparison, the price of BTC fell by almost 10%, the price of ETH - by almost 12%. If we compare XTZUSDT to the most powerful coins in the crypto market in terms of dominance, buyers kept the price quite powerfully. Our previous idea worked halfway through. Buyers failed to hit the mark of $10 without a deep correction: Looking at the nature of the fall in the price of XTZ and its stop, we slightly adjusted the liquid price zones. Thus, the chart shows that: - major buyer support is in the range of $5.5-5.85. - Problems with the continued growth of the XTZ price begin to arise in the range of $7.25-7.7. If you look at the 6 hour timeframe , you will notice that buyers failed to take control of this range for the fourth time: By the way, the fall on May 10 was quite natural. Please note that the correction in the XTZ market started earlier - on May 7. It was after the sellers dropped the price below $7.25-7.7 that we saw a new impulse for the fall. However, the price of XTZUSD continues to move in the local black growth channel . In addition, yesterday's close of the daily candle is encouraging to think that the fight for the range of $7.25-7.7 is not over. The main signal for the continued growth of the Tezos price to $10 will be the retention of the local level of $6.66. In our opinion, from this mark, buyers will begin an assault on the critical range. ________________________________ We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements. Subscribe to us and get daily concise analytics! We do not consider the alternative scenario until the price of XTZ is above the range of $ 5.5-5.85.
by P_S_trade
17
Tezos (XTZ) - May 12Hello? Dear traders, nice to meet you. By "following" you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (XTZUSD 1W chart) (1D chart) We have to see if we can ascend above the 6.98468499 point. If it falls, we need to make sure it is supported at 6.02427542. If it falls at the point of 4.94056772, a Stop Loss is required to preserve profit and loss. However, you need to trade carefully as you can touch the 4.11994017 point and go up. ------------------------------------ (XTZBTC 1W chart) (1D chart) We have to see if we can get support at the 1237 Satoshi branch. If you fall from the 1103 Satoshi point, you can touch the 983 Satoshi point, so you need to trade carefully. -------------------------------------- It is advisable to trade at your average unit price. This is because if the price flows below your average unit price, which was on an uptrend or downtrend, there is a high possibility that you will not be able to earn a large profit due to the psychological burden. The center of every trade starts with the average unit price you start trading. If you ignore this, you may be trading in the wrong direction. Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, so that the money that ultimately corresponds to the profit can regenerate the profit. -------------------------------------------------- ------------------------------------------- ** All indicators are lagging indicators. So, it's important to be aware that the indicator moves accordingly with the movement of price and volume. Just for the sake of convenience, we are talking upside down for interpretation of the indicators. ** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the conventional stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.) ** Check support, resistance, and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All explanations are for reference only and do not guarantee profit or loss on investment. Explanation of abbreviations displayed on the chart R: A point or section of resistance that requires a response to preserve profits S-L: Stop Loss point or section S: A point or segment that can be bought for profit generation as a support point or segment (Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.) GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day. G1: Closing price when closed G2: Cigar at the time of opening (Example) Gap (G1-G2)
HITBTC:XTZUSD
by readCrypto
XTZUSD Tezos 1D Respecting Upper Resistance and Lower SupportI believe Alt season is still upon us until we see a turn below a very strong support level. Despite the lack of news and glamour for Tezos, it still has legs. Tezos appears to be one of the few alts this season that has not yet really had a breakout to 3x and higher going back as far as October and November. Since that time, ADA, LTC, ETH, BCH, DOT, UNI, XDG, and XRP have all atleast gone 3x or further. Exposure to some of those other alts would have been a good move in addition to Tezos. I am long in those other alts as well as Tezos. Based on the trend of Tezos, we seem to be bouncing between the support and resistance lines upward. I wouldn't necessarily take any action now either buy or sell, but wait for further entry in the buy zone and look for opportunities to sell in the sell zone. We could see Tezos in the next 3 weeks go down to $4.98, don't panic unless the daily closes below that, use that as an opportunity. I hope this helps Note: Due to unforeseeable events that may occur due to twitter , bitcoin news, SEC, Pandemic's, or huge moves in bitcoin , don't hold to this chart. This is purely my analysis of what I think might play out. I've been right and I've been wrong, due your own due diligence. I'm not a professional trader, but someone trading in this space for several years. If you like my analysis or what I'm doing, give me a like.
KRAKEN:XTZUSDLong
by hoquet
MY MINIMALIST CHART ANALYSIS FOR $XTZ$XTZ TEZOS ON A DAILY CHART 5.10.21 1058H +8 PACIFIC MY PRACTICE MINIMALIST ANALYSIS ENTRY AND EXIT POINTS FOR A SWING TRADE USING RANGE BOXES AND FIBS (NO INDICATORS) Note: Run your Fibs to verify price action corrections and extension levels. The Range boxes by themselves are used as confluence to The Dynamics of the Market. Check pattern formations and candlestick formations if you wish. This is not a piece of financial advice. I am just a student and still learning. Adjustments will be made in accordance with The Dynamics of the Market along with Trading Psychology. Postings are most often delayed, as it takes time for me to finish several assets in my portfolio. Updates will be posted religiously if time permits.
COINBASE:XTZUSDLong
by The_Crypto_Samurai
2
Update: Tezos continue up to $7.70 USDWe're in profit in Tezos. Congraluations. My entry was perfect!!! Now, I put a break even in the entry price that in the second time, we re-entry in Tezos. My entry was around of $5.75 USD. I move the SL at $5.70 USD for just 5 cents. But we're in break even cut the loss. s3.tradingview.com Now, in Daily timeframe, Tezos explode!!! For that, we're bullish, we can to consider to entry in the second trade in the support of $7.70 USD. but we hope. At the moment, I'm in Ethereum and in profit both in these trades.
COINBASE:XTZUSDLong
by harisonhbn9718
5