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XTZUSD

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?
KRAKEN:XTZUSDLong
by obsessedMeerka33844
5
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. _____________________________________ 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!
by P_S_trade
24
Tezos turn to $10 dollar soon!!! Eyes on this cryptocurrencyTezos it's show us interesting long position toward the $10 dollar as EOS do. Tezos and EOS it's around o $6 dollar right now, and these cryptocurencies are so interesting to invest by contract, or we can to keep these Tezos contract to longer time in this altseason to accumulate any crytpocurrency that you're intersting in your watchlist like Chainlink, Litecoin or Bitcoin using the money to fund in one of these cryptocurrencies. Guys, these it's so interstign to invest in Tezos, also, I like this cryptocurrency and as I consider my Tezos in contracts, but interesting cryptocurrency to invest too. Now, talking in this technical analysis, I hope that Tezos going to approximately at $5.70 USD to then, look how the price action work in this zone and when I have a confirmation, I can to entry in long position toward the $10 dollar in this interesting trade like EOS. Now, looking in Daily chart, Tezos it's extremely bullish and if we put a long position, we can to earn 75% in this trade from the $5.70 USD to $10 dollar. In this screenshot, I put these targets to medium term that we can to look how Tezos may to move it in medium term. For that, Tezos it's another giand sleeping cryptocurrency that I have in my radar from the past year and this year. I do not have Tezos in hold, but I thinking to buy Tezos contract in my Simple FX trading and then, keep this contract to hold and multiply my others cryptocurrency using Chainlink assets in Simple FX. Now, if you hold Tezos, this could be my targets in this bull rally of this cryptocurrency. For that, i I decide to sell all my Tezos contract, I prefer to sell at $200 USD and then, all my Chainink assets will be multiply. I thinking to buy at least like 300 Tezos coins in contracts, as I have right now 350 EOS coins in contract too. Just that I have 350 EOS cotnracts in my Ethereum account, and then, I will going to take my 300 Tezos contract for my Chainlink account. Well, noticed one thing. EOS and Tezos are interesting cryptocurrency in my radar as I have in Cardano, Chainlink or XRP. But I believe that i I hold this crypto, I can to get a excellent ROI. Guys, if you like this idea and have another expectative in the market, you can to share your analysis here whatever if it's about of Tezos or others cryptocurrrencies.
COINBASE:XTZUSDLong
by harisonhbn9718
1
Ada about to move 1.75$ -> 2$Ada is giving many signs that it is ready to move. 1. ADA/BTC pair (not shown, check it out though) , the 50MA (blue) is pushing up and trying to cross above the MA(red) 2. ADA has consolidated for several weeks and created a bullish pennant. 3. Overall market is bullish, but ADA has not yet moved, although there is significant upwards pressure as we see volume beginning to increase. Hard to say where the price will reach. I'm looking at 1.75 but could easily reach 2.00 and continue up.
BINANCE:ADAUSD
by The_Yeager
XTZ/USD - Can we push above resistance? 😅XTZ has performed very well lately and now we have attempted to push above this major resistance line that has pushed price back every time to date. It would be very impressive for us to push higher here and make this resistance support, that would be extremely bullish. This is possible, considering how bullish the alt market has become. However, I will not call it until we make this line support. So far the resistance has done its job and pushed us back on lower timeframes. Nevertheless the momentum on daily remains very bullish and we can have another attempt. Volume is also looking healthy, therefore, keep you eyes on XTZ as we may have a major breakout if we pass this key level. Bias remains bullish. Like and follow if you liked this idea! Also join my crypto community to stay in touch!
Long
by duonine
1
XTZ/USD - Slow down XTZ, you're making me bullish! 🤣XTZ has done the impossible... it pumped! WOOT? How is that possible... Chart is pretty clear, we found good support so now we seem due to test the $6 level... can we pump beyond? Hard call since the last three times we reached this resistance line we were rejected quite severely... So big moment for XTZ, now is the time to show us what is made of and catch back on some of the ground lost since this coin did nothing for more than half a year before early 2021. Indicators looks bullish, volume rising... looking sexy. I'd not enter here as we're just under resistance now. Better to buy support if we get it... Like and follow if you liked this idea! Also join my crypto community to stay in touch!
Long
by duonine
XTZ / USD - Tezos Ready to go Parabolic?Is Tezos about ready to make a parabolic move? This is its all-time weekly logarithmic chart, and as you can see it has formed a parallel channel that it has tried to break up and out of several times now. It has also bottomed out on BTC pairing (twice), and is one of the few not to gain back against BTC since other alts have begun. Will we attempt and succeed on test number 4, or will the BTC pair continue downward and show us a re-test of the bottom of our logarithmic USD channel? Tezos was lauded for its staking gains last year and is just getting started. Let's see! Here is the BTC pair, showing a potential double bottom, confirmation above the middle of the W, triple bottom also possible if we get around the center of the W and turn back down again:
BINANCE:XTZUSDLong
by dudebruhwhoa
4
XTZ/USDT : Breakout confirmed BINANCE:XTZUSDT Hello everyone 😃 XTZ had a pullback from EMA 100 and EMA 200. By the way there was a breakout from bearish trendline on last 6H candles ! So now, Current candle confirmed the breakout; Also EMA 100-200 are supporting movement... 📌 Everything seems fine for XTZ, But watch for mid-term correction on BTC !! Attention: this isn't financial advice we are just trying to help people on their own vision. Have a good day! @Helical_Trades
Long
by Helical_Trades
12