XTZ may be ready for a pushNot trading advise, just playing and learning.
XTZ is about to hit the top of an ascending channel, the top now closely matches the $4.0 resistance level. MACD is looking good, so if XTZ manages to break $4 it can be a good chance to buy. Depending on the market I will see how to close the trade, but with BTC and ETH also looking decent at the moment I would expect to at least test the resistance at a previous ATH (around $4.4). This level will be key for Tezos arriving to a new ATH. I will likely sell if there's a rejection and then look for new buy setups.
Seeing the line made from the previous ATHs not sure we would push much higher if that line holds. Now, we can find lines everywhere so it may mean nothing. If we indeed reach that high we should look for indicators to see what would be the safest strategy.
Good Luck!
XTZUSD
XTZUSDT (TEZOS) - POTENTIAL BREAKOUT ANALYSIS 🔎
- XTZUSDT is resisted by the descending trendline resistance.
- Price is testing the descending trendline resistance
- Price action is printing an ascending triangle pattern at the test zone.
- This is a bullish build up pattern.
- There's a breakout potential.
BUY ENTRY ⬆️
- Breakout above the descending trendline resistance and the ascending triangle's horizontal resistance.
TARGETS 🎯
- Horizontal resistance level (R1).
- Horizontal resistance level (R2).
SETUP INVALIDATION ❌
- Breakdown below the ascending triangle's inclined support.
XTZ observationsxtz btc pair is what i'm paying attention to here. 1D chart shows clear signs of "I want to go up". This is merely an observation. From basic understanding of cycles and patterns the next steps for xtz would be a period of sideways movement followed by a period of growth. We seem to currently be in the sideways movement. I think its possible that there will be a little more drop perhaps back to the 3.20 - 3.35 area.. although this would not last long in my opinion. BTC dominance is shifting to altcoins and looking at the bullishness of the alt/btc pair will give us signals of what coins will move as dominance shifts.
fyi, i'm not trained in this stuff...
good luck,
XTZ / BTC & XTZ / USD by Rocket BombHello, dear friends!💋
Today I have plans to show you some promising coins IMHO in medium-term for making good profit!
In my opinion, xtz - looks promising, and this coin is not on high (for a more honest review, you should definitely look at altcoin to dollar and altcoin to bitcoin, they are connected)📌
🔥On the chart, you can find buy zones for both pairs.
In order to get the optimal buying price, split your buy orders - it will make it easier for you to stay calm if the price go lower, and you will catch it there, and not worry at all😊
I'm so glad to see your feedback ♥ ️
Always sincere with You😘
Your Rocket Bomb🚀💣
XTZUSD Tezos 1D Rogue WavesWelcome Traders,
I feel like what we are seeing is a continuous pattern of buy-hold-sell's where people buy, typically hold for 60 days, then start to sell, decreasing the price. This allows for more buyers to get in at lower prices, then repeat the pattern. Until the cycle lines up to create some of the super cycles in Tezos. In oceanography, rogue waves are more precisely defined as waves whose height is more than twice the significant wave height (Hs or SWH), which is itself defined as the mean of the largest third of waves in a wave record. Therefore, rogue waves are not necessarily the biggest waves found on the water; they are, rather, unusually large waves for a given sea state. Rogue waves seem not to have a single distinct cause, but occur where physical factors such as high winds and strong currents cause waves to merge to create a single exceptionally large wave. (from Wikipedia)
I think people are unsure of Tezos and its' future. People come in, they hold, they sell, and they move on. It has great tech, great governance, and growing adoption. However, they don't have the energy and excitement as some of the newer coins like UNI, Graph, ADA, and DOT. When tezos had its' debut, they were under scrutiny, management problems, no wallet, and foundation shake up. It never got it's chance to really use it's hype and take off. Now, Tezos will have to fight to prove the test of time, adoption, and continue to deliver in its' tech. This will be a test of time, endurance, and a steady riser. Given the fundamentals behind Tezos, the low cost speedy transactions, future-proof, and maintaining a price above certain levels for the past 2 years, I don't personally think there is a lot of risk in holding Tezos. But if your looking for 10x, I am not sure this is the horse I would bet on. Keep in mind the 10x has already hit from the initial ICO.
There are 2 scenarios that I have highlighted here. Both a strong upward movement to new ATH's and strong downward movement to ATL's. Both I think are unlikely with a solid base of wallet addresses, continuous development, and a well funded foundation. One of the foundations primary goal is in education and training developers. I believe we still have yet to see a lot of good work from developers coming in the next year or two.
Between now and June we could see a sharp rise, but only if we see a huge spike in Bitcoin and all altcoins in general follow. Similarly if there is an opposing scenario.
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.
Tezos (XTZ) - March 6Hello?
Dear traders, nice to meet you.
"Like" is a huge force for me.
By "following" you can always get new information quickly.
Thank you for always supporting me.
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We'll have to see if we can get support from the 3.3269-3.5936 segment and climb above the 4.01 point.
If you fall from the uptrend line (1), you need Stop Loss to preserve your profit or loss.
However, in the section 2.2080-3.3269, it may rise after a sidewalk, so you need to think about how to respond.
The next volatility period is around March 20th.
(1W chart)
We have to see if we can get support at the critical point, 3.3269, and move up along the uptrend line (1).
The overall trend is on an uptrend.
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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.
Hence, the interpretation is the same as the traditional 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)
XTZ update: strong pressure upwardsRSI is well over 50 and moving up. MACD shows upwards pressure on 1D, 4H, 3H and 2H time frames.
BTC XTZ pair shows strong upwards pressure. The crypto market is in a downward move across the board, but XTZ has been traded differently over the past several months, so XTZ trading differently now is not a surprise.
Still bullish, and still expect price to move to 4:50 -> 6.00 -> 8.00/9.00 over the next few weeks.
Über bullish on XTZHello people! I made a rough call in my last post and perhaps was a bit too bullish. I managed to leave however with a good bit a profit in XTZ from my long and needed to take a bit of a break to regain my bearings.
And as of recent... HOLY... Reno news, Kolibri, Greyscale, Dexter, Opensea, Arthur on the council.
This is probably the most bullish set up of fundamentals and technicals I have ever seen. XTZBTC formed a Cypher pattern which will lead to a momentous explosion on the pair. XTZUSD is on the bottom part of the support channel with a downward resistance line being tested as I write this. The RSI and Stoch are ready to be sent into the stratosphere on the daily.
I used kolibri to take out a margin position with a liquidation real low. I'm ready to ride tezos to 1000. I hope you are with me. Godspeed and Godbless.
Not financial advice.
XTZ/BTC Ready for 1000% from here..?XTZ/BTC Bullish Technical Analysis By CryptoPatel:-
#XTZ/BTC Chart loiking very good at this time.
So In can Expect big from here.
Currently Trading at 0.00007740 BTC.
This is very good accumulation zone and Support is Very good at this Level.
As per TA currently trading at support leve. adn this level is very strong support level.
And I also can expect new All Time high in comming Days.
Support : 0.0000670 BTC
Resistance: 0.0000934 / 0.0001495 / 0.0002463 / 0.0003726 BTC
This is Chart Drawn by My own way. This is CryptoPatel Parabolic Pattern.
Don't Miss to any Technical Analysis update.
Don't Forget to share your Love.
Targets:
TP1: 0.0000934 BTC
TP2: 0.0001495 BTC
TP3: 0.0002463 BTC
TP4: 0.0003726 BTC
Please Click LIKE button and Appreciate my hard work.
Must follow me for latest crypto real time updates.
Thank you.
XTZ UPDATE: consolidation continuesxtz price is continuing consolidation and is still moving up. Crypto market took a dip yesterday but is creating a higher low. If upward pressure continues I think we could see breakout in the next couple days.
if price begins to stagnate or move down, we might see test of 3.50 again. With the news of stimulus checks, I think people are optimistic, so I am bullish and expect break up to 4.20 - 4.50
Tezos (XTZ) Build Your Position before next pumpTezos is one the most active team and the team is continually working on the project and developments. Grayscale also registered a trust to offer Tezos (XTZ) to its investors. We will see a good rally in XTZ in 2021. Build your position before the next rally.
Buy Zone: $3.2 - $3.5 (add more if drops to $2.8)
Target: $4 - $4.5 - $5 - $5.5 - $6 -$6.7 - $7.5 - $8.5 - $9.8 (Go beyond these in long term)
this is just an idea. XTZ 6$I'm still bullish on XTZ.
looking at the mid term, (2 weeks) I see xtz easily reaching 6$. As BTC xtz pair begins to flip, xtz usd will surge. This is currently in process.
the above chart shows strong RSI, and macd moving up. I also see the identical pattern that happened early January when BTC first dipped. I expect XTZ to recover and move to 6$ over the next couple weeks (early march). I see an 8$ xtz price by summer. This will probably coincide with a massive BTC movement to the 100 -200K area.
again, this is all just an idea based on observation and discernment of the current economic state. The dollar is becoming weaker and people are anxious to invest, even blindly. I expect some very extreme movement in the stock market and other markets over the coming months. Personally my goal is to move to silver and real-estate once the next crypto surge completes (btc 100k -200k)
Whats yours?
good luck.
Tezos (XTZ)/USDT Market Cycles Pivot points (zones) PsychologyI have combined the idea of learning by cycles and pivot points (zones) with an actual trading idea for positional work using the example of the Tezos (XTZ) coin paired with USDT (USD).
According to Dow theory, there are 3 types of trends:
1) main (long-term).
2) minor.
3) insignificant (small).
3) Phases of trends.
In turn, each trend has the following phases:
1) phase of accumulation (set of position).
2) the phase of public participation (trend development)
3) panic phase (reset position).
4) the phase of price reduction (dump).
1. The phase of accumulation. (position set).
This stage occurs after the market has finished the downtrend and the dump is stopped. The price has formed a "bottom", in slang they say "bottom". It is at this stage that traders and investors enter the market, which can rightfully be called professional. They have the greatest amount of information (often internal - insiders) about the current state of the market and are the first to start active actions. The rest of the market participants do not realize at this time the state and direction of the market.
Of course, the accumulation phase is not easy to detect. It often follows a downtrend. And it can be, in turn, just a minor trend in the general downtrend. As a result, instead of a new trend, only a temporary pullback is obtained. From a technical point of view, the beginning of a new trend is always accompanied by a period of consolidation. This is when the market goes sideways and then starts to show an uptrend.
2. Phase of public participation (trend development).
Participation Phase Advanced investors and traders enter the market in the accumulation phase. When the trend really reverses, the public participation phase begins. Here the crowd enters the market. As this stage progresses, more traders jump into the current move as fear of loss is suppressed by greed and fear of missing out on an opportunity. This phase is the longest of all and is also characterized by the most active movement. Highs are constantly being updated - exactly what investors have been waiting for. The trend is developing. When this stage begins to end, the "last majority" jumps into the market and trading volumes begin to increase significantly. At this point, the theory of great stupidity prevails. The price rises significantly beyond historical levels, and logic and reason give way to greed.
While the majority enter the market, professional traders cut or close their trading positions. But as prices begin to level off or the rally slows down, those latecomers who stay out of the game see it as a buying opportunity and enter the market. Prices make the last parabolic move, known in technical analysis as a buying climax, when the greatest profits are often made in a short period.
3. Panic phase (reset position, distribution)
This is the phase where experienced traders and investors exit the market, and less experienced ones, on the contrary, enter the market. As a result, these investors and traders are excited about buying at the peak of the trend, shortly before its spectacular fall. The same phase is also a reversal one - professional investors and traders understand that the market has exhausted itself and begin to close their positions opened in the first phase.
To identify this phase, it is necessary to carefully study the signs that the market rally is complete. Moreover, the more active the market growth, the stronger the subsequent fall will be.
In the third stage of the market cycle, sellers begin to dominate. This part of the cycle is identified by a period in which the bullish sentiment of the previous stage is replaced by mixed sentiment. When this stage is over, the market direction changes. Classic chart patterns such as "double and triple top" or "head and shoulder" are examples of such movements that occur during the distribution stage.
The distribution stage is a very emotional period for the markets as investors are gripped by periods of complete fear, interspersed with hope and even greed, as at times the market may seem to be rising again.
Panic phase in a downtrend.
A similar story is when the main trend is bearish and goes down. The situation repeats itself in a mirror image, and at the implementation stage, a real panic is often formed, when many inexperienced investors and traders dump their assets and the price receives the last downward impulse before growth.
4. The phase of decline. (Dow did not separately identify this phase in his writings. In Dow's theory, this is the final stage of the distribution phase).
The fourth and final stage in the cycle is the most painful for those who still believed in the price increase. Many are holding them because their assets have fallen below their original amount. It is only when the market is down 50% or more that many of those who bought during the distribution stage or early in the decline give up. "Faith is being killed!" For more experienced traders, on the contrary, it serves as a buy signal and is a sign that the formation of a bottom is inevitable.
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4) Choice of cycle time.
An intraday trader who trades relatively small amounts and uses 5-minute candles can see many full cycles per day, while, for example, a positional trader using a weekly or monthly timeframe charts can see several cycles per year (average liquid instruments) or an extended cycle for several years (highly liquid instruments). But he also works in relatively large amounts that are not comparable to a scalper trader.
Your task is to learn how to correctly recognize market cycles on your working timeframe and use it in your trading.
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5) Points (zones) of price reversal.
It is necessary to immediately clarify the point (zone) of the price reversal always remains a potential point (zone), because it can act as a continuation of the trend. It is just that in certain zones there is a greater likelihood of a change in price movement than in others. This is very important to understand. Work like a trader, not like a "successful" wang hamster with which the Internet is clogged.
No one knows the exact future. You can identify potential more or less likely price movements and use this in your trading. It is also worth noting that it is not possible to predict everything. It is important that a large number of your forecasts for price movements, thanks to your experience and knowledge, are correctly determined.
Theory without practice is zero! Only your knowledge, modernized to the reality of the market, can give results in practice.
XTZ (Tezos) - Key level broken - 40% upside potentialThe market seems to be recovering and moving from bearish to bullish (in the short term at least)
Tezos has built up 4 touches on a key level and broken through. It's likely we see a retest before lift off. If tezos grows we can aim for a re-test of the previous high. That's a 40% increase and would be a nice catch.
In my opinion Tezos is undervalued compared to other coins and I think we could see real action if the wider market trend starts to accelerate and 40% could just be the beginning.
If we fail to meet this rise upward - we look fairly safe at the $3.15 dollar mark and I would expect it to bounce and consolidate here.
This is not financial advice.
If you enjoyed this analysis please like and follow. Also I'm considering making some videos instead of static analyis and if you'd be interested in seeing these please drop me a comment.
XTZUSD Repeating Long Term Pattern*** THIS IS NOT FINANCIAL OR INVESTMENT ADVICE ***
DYOR and don't take my word for anything.
XTZ is a great project. The project recently cut gas prices on the chain by 75% via the release of Delphi. They are currently working on integrating even more functionality into the blockchain with Edo.
Looks like XTZUSD is about to make up for the overselling and momentum depression experience through the last cycle. Keep on eye on the main lower band and the rising channel pattern.
Happy Trading!
Shorting on $XTZUSD for $2.06ishI think there may be a short opportunity on $XTZ
The stop loss should be above the kijun as shown.
Profit is around the last low $2.06
The R/R seems good for me
The Chiku has a lot of tall structure in front. Hence, it might be hard for the price to rise up. So, the direction is likely down.
The price might just do an E2E and cross the cloud on the bottom.
Also, Super Algorithm (not shown here) is bearish on 1day