XTZ - 6h. Ahead of $9 for Tezos?In just 5 days after the publication of our previous idea , the XTZ price reached the target:
Buyers managed to cope with the range of $4.9-5 . Although after the breakdown of this range, the buyers could not hold it, but the price found support a little lower. As a result, on April 4, the price of XTZUSDT increased by about 40% during the day.
It is worth paying attention to the trading volumes, thanks to which buyers were able to renew the high:
As you can see from the chart, the sellers' stop orders helped the Tezos price rise significantly. However, the sellers' attempt to return the price below the critical range of $5.4-5.65 failed. Although, despite the trading volumes, which sellers wanted to regain control of this range, they had serious intentions. The fact that buyers withstood such a blow at the highs indicates that they are serious about continuing the growth of the price of XTZUSD.
At the moment, the XTZ price is trying to break through the range of $6.65-6.95 . If buyers fail to take control of this range the first time, we will expect a local correction to the mark of $6.3 From this point, buyers will be able to continue the growth wave with an ultimate target of $9
An alternative scenario of the beginning of a global correction in the XTZ market will begin after breaking through the mark of $6.3 . The likelihood of this scenario is increased by low trading volumes in the current wave of growth. Considering the situation on the BTC market , where the price moves in a global wedge, XTZ buyers may not have enough strength:
Nevertheless, this is an alternative scenario for now and we expect the growth trend to continue in the XTZ market.
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XTZUSD
NU go boom .67 -> .73NU has been consolidating for several weeks. Support showing around ~.56 to ~.58.
Looking like it wants to move up..
both the daily and weekly charts show a price is bottoming out. Next resistance levels at .67 and .73.
XTZ and the Elliott Impulse WaveXTZ Day Time frame:
I believe XTZ is entering Wave 4 of an Elliott Impulse Wave. Should retrace some but with EWT, Wave 4 has to respect top of Wave 1, so we should not retrace below 5.50-5.88 price range. (HODL or good BUY opportunity) Once retrace completes we begin the final climb to the top of the EW where some type of Elliott Correction Wave (ABC) will bring us back down.WHERE YOU ASK... I suspect somewhere in the neighborhood of $6.00-7.50 range where we currently are sitting.
Just my thoughts, please share yours!
Thanks for the reads, and likes, and follows!
AND REMEMBER, DON'T CHASE IT, RETRACE IT!
XTZ/USDT : Breakout from bearish trendline BINANCE:XTZUSDT
Hello everyone 😃
XTZ had a breakout from bearish trendline on low TF.
Now MACD is having a bullish crossover.
There are two located supports at 6.5$ and 6.3$ zone...
Also MA 100 is reaching movement and Volatility seems fine for more couple of bounces in next daily closes !
Attention: this isn't financial advice we are just trying to help people on their own vision.
Have a good day!
@Helical_Trades
ADA uppwards pressureLooking at 4hr chart. ADA is creating higher lows and continues to apply pressure on the upwards resistance.
If pattern continues we will see break to the upside which has already started in the form of higher lows.
Observing the overall market..
BTC has broken to the upside and is working on creating a new all-time-high. This Is good and bad...
good because it means we are still in overall upwards trend and altcoins like ADA will follow.
not so good if you have weak stomach. Price will fluctuate drastically for altcoins as btc flows out of alts to BTC and back.
causing large moves in price.
Try to buy low and be ok with price moving below your purchase price. Or wait for ada to make breakout to upside and retest.
personally I play with profits so I will try to ride out the ups and downs.
possible ada can retest the upwards trendline around ~1.17 - 1.18
possible ada can break upwards with target around ~1.27 - 1.30
ADA one more dropADA is being pretty sluggish. We made a small profit on the bounce from 1.17 but it isn't responding well at ~1.22.
BTC is struggling to get up like an old man and altcoins are feeling this.
I think BTC will probably take a pretty solid dive.. This will definitely drive down prices.
This isn't certain, but the low energy bounce is concerning. I've sold am going to wait and see what happens entering into the weekend.
XTZ 7$XTZ was one of the last mover from the current bull market. In the next phase for altcoins I see xtz moving (and possibly very easily) to about 5.90 (~6$) and then to 7$. I have marked 9$ as a potential target. I think 9 is a bit of a stretch, as it puts xtz WAAYY in to overbought territory.. but this is crypto.. there are no rules. People are greedy and taking huge risk.
it is our chance to take advantage of this... carefully***
BTC. "This feels like a trap?"Not much to say.. looks like an inverse head and shoulders. Not much volume pushing this though.. I am very wary about buying in now.. the price could easily break neckline and then dump. It would be prime opportunity for such a move.
Although BTC has not behaved as it did in 2017.. We have not seen a hard correction in almost a year since this bull started.
I personally will wait for a clear sign of movement. Its ok to miss out on profits here, or to take a loss there. Life will go on and you have a bright future ahead of you. Don't forget this truth.
(and to my followers... you guys rock)
HOLD XTZ .... Tezos in 2 digits soon (+150%)as we can see right now Xtz was accumulating since 2019 and tried 3 times to broke this resistance and it didn't pass through,however from 3 days it managed to break it!
we can be sure that's not a fake breakout as we can see a full bullish daily candle closed above the resistance line and it tested it one time as a support and it worked.
now we have as a strong support we can depends on.
my advice to not lose this opportunity and for holders buy more safely.
✅ Buy: 5.90 - 6.50 ✅
🎯TARGETS:
1- $9.400
2- $12.90 (take profit for 70% -80%)
3- $16.00
💵 Trade Size: 5-7% of Portfolio
🚫Invalidation(SL): daily candle close below $4
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Must follow me for latest crypto real time updates.
thank you
XTZ/USDT TA Update after broke our All time Resistance#XTZ/USDT TA Update:-
$XTZ currently trading at $6.16
And $XTZ supper bullish because broke out all time resistance level.
Now no resistance upward.
Entry:- $5-$6.10 ( partially)
Targets:- $8/$10/$13
Support:- $5
Resistance:- No resistance
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Tezos (XTZ) - April 9Hello?
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We have to see if we can get support at 5.57573265 and rise above the 6.22820058 point.
In particular, it remains to be seen if it can rise along the uptrend line.
If you move down from the 4.82546199 point, you need a short stop loss.
In the wRSI_SR indicator, the RS line is showing a decline without continuing the upward trend of more than 50 points.
As a result, volatility may occur, so careful trading is necessary.
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(XTZBTC 1D chart)
944 Satoshi-1164 Satoshi We must see if there is any movement that deviates from it.
If you keep the price above the M-Signal line on the 1W chart, it is likely to continue the upward trend.
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** 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)
Alert: Tezos confirm the support to entry to buy!!!Right now in the morning, Tezos conirm the $5.70 USD key support to entry to buy this cryptocurrency. Now, we can to put the SL at $5 USD, and our target profit will be $10 USD for this cryptocurrency. Guys, we're prepare right now to buy Tezos. Now, you can to buy Tezos without any issue becuase in H8 timeframe it's look bullish. I entry around o $5.90 USD entry in the market.
Now, if Daily candlestick closed up with bullish candlestick signal, that mean that Tezos will come bullish in few days to $10 USD.
Guys, if you found out that this analysis help others people, you can to share this analysis for others traders.
XTZ Over the next weekGood afternoon, everyone! I am ObsessedMeerkat and I am here to share my thoughts on XTZ's movements over the next week.
First, XTZ is performing extremely well as compared to its previous performance. Second, XTZ's movements are still closely tied to bitcoin's. When BTC dumps, so does XTZ and that is the unfortunate part of BTC being the king.
Third, my analysis. I am not a trader by trade (haha) and I am not educated financially but this is what I think XTZ will be doing in terms of gains over the next week.
At this time, there appears to be a good bit of support in the $5.40 - $5.60 range. People are beginning to notice this coin and its value has increased substantially from even a month ago. Lows are now on par with previous all-time highs. Very bullish chart overall. Conversely, there is also a lot of resistance in the $6.40 + range. This coin is valuable but it is not going full-on face-melting parabola - yet.
The two white lines at the bottom are where I see the most resistance on this coin. The lowest one being a macro-resistance line that is tied closely to overall performance of bitcoin. I think bitcoin will continue to retrace back to its macro-resistance line at ~$40k and bring XTZ with it. Overall this is a good thing .
Why is the price of XTZ falling a good thing? XTZ is an insanely useful token that is rapidly gaining adoption and a price drop to the macro-resistance line will allow for MORE accumulation. Due to the increasing awareness and adoption of this chain, I am very bullish on XTZ overall. XTZ has had more contract calls up to this date (the 8th) of this month than it had in all of February.
The only question in XTZ's retrace is exactly how fast it will happen. A rapid retrace back to support at $5.10 by tomorrow night will provide the greatest window of opportunity for buying large amounts of XTZ before a return to the micro-resistance at $6.80. The alternative is a slow bleed to the macro-support. This is a bad-case scenario where XTZ slowly bleeds over the next three days down to a support line much higher that $5.10, thus reducing accumulation opportunities.
After a re-trace to the support lines, I see XTZ quickly returning to the resistance at $6.80 before smashing through it to $7.60. Either way, if you buy at the lows, you're going to be making money this week.
After this coin breaks the upper resistance, I think we are rapidly approaching the $10+ mark before the end of this month, but I promised I would stick to my views on XTZ this WEEK in the title. We're getting closer to the day of melted faces on this coin, but right now, look for money making opportunities in the moment.
Overall, I am LONG XTZ this week. Currently I'm holding a good bit of liquid in my account and I've placed a buy order at $5.10 in anticipation of XTZ dropping to that support.
What are your thoughts?
XTZ - 6h. you need to wait for consolidation above the $4-4,5Slowly but surely, buyers have regained the initiative in the XTZ market. Having started a new wave of growth after a strong price correction on February 22-23, buyers managed to gain a foothold above the important range of $4-4.5 . This range was strongly defended by sellers in 2020:
However, only last month, with large volumes, b uyers managed to break through this range and catch the sellers' stop orders. Control over the price zone of $4-4.5 in February remained with sellers. After repeating a similar attack in March, but at low volumes , buyers managed to close the monthly candle above this range. Thus, we think that the majority of sellers have left the market and there is no way for the XTZ price to continue rising.
The final confirmation of this may be the price re-correction to the $ 4.5 mark. The first local target is $6.3.
Below $4, buyers will lose initiative and retreat to the range of $3-3.1. However, given the prospects for BTCUSDT to renew its all-time high and test the range of $65,000-75,000 , this negative scenario remains an alternative.
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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!
XTZ still following the planAs the market is seeing a red day, Tezos follows. Volume is still high though.
- Touching $5.36 resistance turned support
- 50 MA served as support 3 times
- MA's going further apart
- RSI still setting higher lows
Possible resistance @ $6.6, but I expect we can see a clear rally towards $7.30
Do you have a position in XTZ?