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XTZUSD

XTZ Tezos Bullish Wedge To Bullish Wedge RetestMan, sometimes i can be such an idiot :). I noticed yesterday that i accidently posted 3 analysis as a hidden post, then i posted all of them again as a normal post, now i am seeing i posted this one twice as a hidden post :), One would say, if there was a moment for alts to rally, it would be now with Bitcoins big ATH breakout. But why are most of them barely moving? The big alts like ETH and LTC and a few more did move quite a bit, but i see that many of the smaller ones (didn't check all of them). I don't have a theory on why this is, but as during most rallies since 2019, most of the worlds eyes are on Bitcoin and not on the rest. So even though the setup is here for Tezos, i honestly don't know if it will play out or not, but there is potential. On the right it looks like a bullish wedge, as long as it doesn't drop below the green box, the wedge is in play. The target of the small wedge is around 2.4. The big question though is, if this small wedge plays out, is it just a small rally until the 2.4 or will we see those old school pumps like we saw in the past? For that, it's important to see it pump past that 2.4 target. So reaching the 2.6/2.7, if that would happen, then more would be possible for the coming weeks/months. The hidden post: Previous analysis:
BITFINEX:XTZUSD
by botje11
7
Tezos (XTZ) - December 19Good morning? 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. -------------------------------------------------- ----- We have to see if we can get support at 2.2080 and climb above 2.4821. If supported at 2.4821, it is a possible entry point to break above the uptrend line (1). If it falls from the 2.2080 point, it is a short-term stop loss. We must see if we can break above the uptrend line (1) and touch the 3.3269 point. The key is whether it can break above the 2.8221 point. -------------------------------------------------- ------------------------------------------- ** All indicators are lagging indicators. So, it's important to know that the indicator moves accordingly with the movement of price and volume. Just for convenience, we are talking upside down to interpret the indicators. ** 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 trading. You should trade from a short-term investment perspective.)
by readCrypto
XTZ 12h An aggressive buyer appears on the chart, we are waitingIt looks like XTZ has finally started buying back. In the previous ideas, we wrote that the uncorrected fall of XTZUSDT is scary. However, the buy back began from the zone which we had marked on the chart a long time ago. Since then, the price has never lowered to $1.78. Looking at the chart, you can see that for the last month someone aggressively buys out XTZ as soon as it approaches $2. It is likely that in the coming days, the buy back level will be raised to $2.20. Growth up to $3.20 is our priority. The priority and the situation on the chart will change if the price can fix below $2. _______________________________ Since 2016 , we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)
by P_S_trade
18
XTZUSD - FallingWedge Breakout (4HR Timeframe)Breakout of the FallingWedge and clear support from the year long trendline support, so good chance we see continuation to the upside as long as Bitcoin holds steady. The level I'm watching is the $2.60 region since it was previous resistance multiple times, as well a previous target of a bigger FallingWedge seen 2 months beforehand. It's also possible for us to reach and test the $3.00 regions in the future, and eventually testing the upper support of the year long trend, though it is too far out to analyze for the meantime. Also, if the price stalls too long in it's current area of $2.35, then that may be a bad sign as well, we need a big push.
COINBASE:XTZUSDLong
by TezosNetwork
2
XTZ BTC pair about to run. 2.50 -> 3.00 -> 3.50 usdlooking at the weekly xtz btc pair, price has touched the bottom twice and is leveling out. Moving average is leveling out, RSI is just touching the floor of being over-sold and volume has created higher low on the oscillator. Signs point to a strong move upward within a week to a week and a half. This chart also validates an evaluation I did recently on XTZ USD pair I'll share below. Again, be aware that if BTC has a strong correction that XTZ and others will most likely follow. I expect that XTZ would move up very sharply after this correction if not before. There is money to be made, and greed is a relentless task master. So I think price will go up. Friends do not trade with your gas money, buy gas with your gas money and trade with your cigarette money.. Peace
Long
by The_Yeager
1
XTZ - Time to close positions - Trend ReversalHi, There is now 3 targets to close short poistions. 1 is safe and right now. 2 has good luck to happen when we look at the volume divergence right now on this mini ascending channel. 3 is the main support, the best point to close. (the second point of a double bottom in weekly chart). Then we switch to long position, with a safety stop loss, because the weekly chart is an ascending channel, and 9 time over 10, ascending channel will finish in a breakout from downside. But I think we are on the 3rd movement, we will see that at the 5th one. Have a pleasant day,
Long
by Spare1
2