XTZUSD
Tezos it's break out!!! Bull run began!!!Tezos it's into this break out of the resitance of $4.50 USD. Now, Tezos it's above of this price and in some moments, Tezos have a cotization above of $5 dollar. But looking this crytpocurrency, we see that Tezos it's leading with the bullish sentiment to $20 dollar.
In Daily timeframe, it's the better to trade Tezos, but take in reference the H8 timeframe to look this trade to entry to long position in Tezos.
Sincerely, this crytpocurrency it's become more popular and unique crytpocurrency, but I do not have any Tezos coins becuase as Tezos I appreciate much, but I'm so enfocous to invest 5 crytpocurrency and that are; Bitcoin, Cardano, Ethereum, Chainlink and XRP. But I can to trade crytpocurrencies rest that I do not invest just to see their forecast.
If you're invest in Tezos, noticed that these are my 3 targets: $20, $100 and $500 USD to take profit in your investment. But i just trade this par, but not invest. I just choose my potentail crytpocurrency in my personal opinion, but I always follow the crytpocurrency trend to know, trade and more.
If you like Tezos, you can to support this trading idea for other what they have a plan to know to trade Tezos.
XTZ/USD - At resistance, can we push beyond $5?XTZ finally did a nice pump after doing nothing for half a year...
Now we find ourselves at this resistance area around $5 where I find it a bit unlikely for XTZ to push higher directly, we may need a bit of refueling here before we can exit this massive channel.
Goin above this channel would be extremely bullish, but that is still to be confirmed, last two times we were this high we corrected down more than 60%. So do NOT FOMO here... nope. FOMO if we break this channel resistance. What I mean is going beyond $5.5 and pushing hard with volume.
Best approach now... is to do nothing and simply wait for price action to develop. If we are spanked down, then yeah, try again in one year. :P
Indicators are looking bullish, but overextended, maybe another push, hard to say. Keep a close eye. If you have a stack on XTZ, good to secure some profit here to not lose it all.
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Tezos (XTZ) Analysis - Sitting at key levelTezos has just hit the a key level formed in august last year. It seems to have printed the startings of a cup and handle pattern. Time will tell.
I would expect Tezos to take some time to conquer the 4.5 dollar key level (creating the handle shape of the cup and handle). If this happens a great entry would be after the handle breaks the top of the cup.
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This is not financial advice
XTZUSD: BUY/HOLD NOW TP bulls +80% gains(SL/TP)(NEW)XTZUSD: BUY/HOLD NOW TP bulls +80% gains(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
IMPORTANT NOTE: speculative setup. use FIXED SL.
🔸 Summary and potential trade setup
::: XTZUSD 3week/candle chart review/outlook
::: BULLS still maintain control
::: noteworthy compression and breakout
::: target is 6.80/7.00 based on measured move
::: BUY/HOLD and get paid
::: market buy / buy dips
::: final TP is +80% gains
::: already on the move
::: overall chart looks good
::: expecting PUMP to last until TP
::: BULLS should get ready to market buy / buy dips
::: we are setting up for a nice move
::: recommended strategy: BUY at market / buy dips
::: TP BULLS is +80% gains
::: SWING trade setup / no fast gains here
::: BUY/HOLD / do not expect miracle gains
::: good luck traders!
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BULLS/80% gains
::: Sentiment outlook short-term: BULLS/80% gains
Tezos (XTZ) - February 10Hello?
Dear traders, nice to meet you.
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Thank you for always supporting me.
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It broke above the important point of 3.3269 point and moved higher.
We have to see if we can ascend above 4.0100 points.
If you move down from the 3.3269 point, you may fall below the 2.8221 point, so you need a short stop loss.
If it gets support at the 4.01 point, it is expected to rise above the 4.4936 point.
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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 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 from 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 or 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: Closed price
G2: Market price at the time of opening
(Example) Gap (G1-G2)
Tezos positioned for its highest monthly closeThe last 6 months have been trying for Tezos holders, but patience might soon pay off. XTZ is currently trading in the $3.50 range, and should it break we could see new all time highs shortly thereafter. If the February close is indeed the highest mark yet, the remainder of 2021 should be electric for Tezos.
🆓Tezos/USDT Analysis (9/2) #XTZ $XTZXTZ is having a strong resistance zone at 3.5$, I think a strong buying force will come soon to help XTZ overcome this zone to rise to 4.2$ zone on 17th February and strongly to 5.5$ zone on 23rd February
If that buy force does not come, XTZ will gradually decrease to $2.8 zone over the next few days, which is also a good buy zone but will extend the time to $4.2 and $5.5 zones into March.
📅NEWS
👉Feb 9 : Blockchain Congress
👉Feb 13 : Edo Upgrade Proposal
📈BUY
-Buy: 3.4-3.6$ if A. SL if B
-Buy: 4.1-4.3$ if A. SL if B
📉SELL
-Sell: 4.1-4.3$. SL if A
-Sell: 5.5-5.75$. SL if A
♻️BACK-UP
-Buy: 2.75-2.9$. SL if B
-Buy: 2.45-2.55$. SL if B
❓Details
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
10 day RSI XTZ10 Day RSI on XTZ Has broke out!! This can be significantly Huge with the gains that can follow. Please use a tight stop and I do believe the path to 10$ + is on the way.. Happy trading and like I always say this is not financial advice. Please like and share with friends and support my work with a small coin donation :)
XTZ 12h Be careful with long and read to the endThe first thing I want to write is that XTZ is a very manipulative coin . And it seems it began to bother the manipulator.
Why XTZUSDT aroused your interest, we do not know, but you voted for it in the weekly digest , so we are analyzing it)
Within 3 months, the XTZUSDT price has been moving up in a clear channel , the limits of which are probably skillfully supported by trading robots.
Pay attention to how the XTZUSD value without volumes fell from August to November 2020, and for sure the patience of the "inveterate investor" XTZ came to an end.
Since November, he started pumping up the XTZUSDT trading pair with volumes. If we are not mistaken, the news background was and is without "exclusive and wow effects".
The first profit taking took place at the end of November 2020 and this can be seen in the volumes surge near the upper limit of the channel.
Further, at the end of December, in the trading algorithm, most likely, there was a failure and the bot that substituted the walls to keep the channel limits dropped out of the game.
We can see the result on the chart, the price fell down from the channel: it broke the stops and l iquidated more than one small deposit of traders who like to play with margin leverage.
This situation is most likely force majeure, and not a planned action, since the volumes on the flow are low. From the bottom, it was not a manipulator who was bought, but lucky ones with small deposits.
Then the trading bot was repaired and it returned the XTZUSDT price to the trading channel.
For one month, while increasing trading volumes, the XTZUSD price was growing. Someone bought, and someone skillfully sold an asset that was stale.
And so, on 23 January, 2021, we got a price spike and maximum trading volumes. Most likely it was the end of growth.
If you've read this far, then you've got a few numbers to ponder on trading)
The most positive scenario is the price growth to $3.20.
If by some miracle the price manages to fix above $3.20 , then by inertia it will still stretch to $3.60 , but not higher.
If we are right and the manipulator ended the XTZ sale by putting the cherry on the cake on 23.01.21, then the XTZUSDT price will face a strong fall.
First target from below is $2.45-2.50.
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This is only an ideaI'm only looking at the trends and seeing a pattern. This pattern puts XTZ at 8.00$. In 2019 before xtz first mooned, there was a period of consolidation followed by a significant gradual increase. After the increase was a small dip right before it took off and increased 145%!
we are currently in the middle of the small dip right before the moon. This is definitely a crypto traders dream and should not be taken seriously. (but whose to stop you from putting in a few tendies just in case ;)
good luck