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XTZUSD

TEZOS Rhymes With Bezos And Other Reasons To Look For Longs.I normally update Bitcoin, but there is NOTHING to say except that it's still gyrating near the low of the broader range, and we are still long while waiting for it to break higher. MEANWHILE, there has been some unusual and interesting movement in some of the alt coins which in a way reflects the speculative appetite of investors in this increasingly frothy environment. Alt coins have to be some of the highest risk instruments to invest in since they really have nothing to offer besides some kind of "concept". Yet, money flows into anything that can successfully hype its way into the spotlight. Is there any short term value in these things? Sure, wherever there is price momentum, there is opportunity and this is where technical analysis offers the best perspective. In today's video I will evaluate TEZOS and determine what kind of price behavior is reasonable to expect for the coming week. Usually when I get a question about one of these, it often comes AFTER the market has made it's move. Reasons for these things moving can range from some news about significant advances in the project to "Elon Musk tweeted about it". Either way, IF you are not in from earlier prices, then the next best thing to do is figure out where its inflection points are in order to ANTICIPATE a new potential opportunity. The objective is to isolate locations where reward/risk and probability are attractive RELATIVE to the RISK you are willing to take. If these ideas sound unusual, then you have no business risking real money in alt coins. Novice investors get wrapped up in a "good story" or hype because it offers the illusion of being "informed". The only information of actionable value that most of us have access to is on a chart ESPECIALLY when it comes to short term momentum strategies. So where are the inflection points on TEZOS? The 2.25 and 2.50 support levels offer historical and proportional areas to look for bullish price action (pin bar maybe?) in the coming week. There is also a minor support at 2.90, which price is testing at the moment without offering any signs of a long setup. The 3.35 area is the current resistance that is in play which is one reference point to measure when it comes to reward potential. The recent structure (since March) is bullish, which means it is reasonable to expect a higher high, so the question becomes WHERE should we take risk? In this situation, I would prefer to WAIT for a setup IF one develops around the mid to lower 2 area. That is where we can assume the least amount of risk relative to testing that 3.35 high area (IF it attempts to test that high). What I like most about this coin (besides the fact that it rhymes with Bezos), is that recent momentum is independent of Bitcoin. A change in this correlation can be related to new capital flowing into this market, and where there is new money, there is potential for it to outperform.
COINBASE:XTZUSD
by MarcPMarkets
3
XTZUSD 16H: BEST level to BUY 45% gains.(NEW)Why get subbed to to me on Tradingview? -TOP author on TradingView -15+ years experience in markets -Professional chart break downs -Supply/Demand Zones -TD9 counts / combo review -Key S/R levels -No junk on my charts -Frequent updates -Covering FX/crypto/US stocks -24/7 uptime so constant updates XTZUSD 16H: BEST level to BUY 45% gains.(NEW) IMPORTANT NOTE: speculative setup. do your own due dill. use STOP LOSS. don't overleverage. Tagged as SHORT cause I expect short-term losses before reversal (BULLS). 🔸 Summary and potential trade setup ::: XTZUSD 16hour chart review ::: Speculative bullish setup ::: reload bulls is near 2.50 ::: strong mirror S/R level ::: get ready to BUY low / hold it ::: 45% gains possible from my level ::: strategy: BUY LOW 2.50 / HOLD ::: TP bulls is +45% gains BUY/HOLD setup ::: buy near my level and get rewarded ::: TP bulls is 3.60 ::: good luck traders 🔸 Supply/Demand Zones ::: dem/supp N/A 🔸 Other noteworthy technicals/fundies ::: TD9/Combo update: N/A ::: Sentiment short-term: BEARS ::: Sentiment outlook mid-term: BULLISH
COINBASE:XTZUSDShort
by ProjectSyndicate
7
Tezos (XTZ) - July 18Hello? Dear Traders, Nice to meet you. "Like" is a great power for me. By "following" you can always get new information quickly. Thank you for always supporting. -------------------------------------------------- ----- ** This is the status of “Hide” the MRHAB-MY1 indicator, an indicator provided by our channel. ** To check the indicators, share the chart and click "Show" to see all indicators as they were before. -------------------------------------------------- ----------- Touch the 3.33 point while breaking through the important 2.8886 point and you are in your current location. You need to make sure you can get support at point 3.185. In the event of a downturn, we need to make sure we can get support at 2.8886. -------------------------------------------------- ----------------------- ** Check support, resistance and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee profit or loss on investment. Description of abbreviations shown in chart R: Resistance point or section, where a countermeasure is needed to preserve revenue. S-L: Stop-Loss point or section S: A point or section that can be purchased for profit generation as a support point or section
by readCrypto
BCHUSD H8: Best level to BUY/HOLD 30% gains (SL/TP)(NEW)Why get subbed to to me on Tradingview? -TOP author on TradingView -15+ years experience in markets -Professional chart break downs -Supply/Demand Zones -TD9 counts / combo review -Key S/R levels -No junk on my charts -Frequent updates -Covering FX/crypto/US stocks -24/7 uptime so constant updates BCHUSD H8: Best level to BUY/HOLD 30% gains (SL/TP)(NEW) IMPORTANT NOTE: speculative setup. do your own due dill. use STOP LOSS. don't overleverage. Tagged as SHORT because I expect short-term losses 🔸 Summary and potential trade setup ::: BCHUSD 8hour chart overview and outlook ::: we are still stuck in long-term trade range ::: since April 2020 ::: buying low currently makes sense using tight SL ::: chart looks strong and more upside possible ::: locked in tight range 100 days ::: BEST RELOAD bulls: 198-200 USD ::: for bulls. look to buy into mild pullback ::: chart looks good strong overall though ::: strong pattern likely setting up for PUMP ::: re-test of 250/266 USD high probability now ::: TP bulls is 250/266 USD MAX ::: recommended strategy: BUY LOW 198-200 USD ::: SL fixed 190 USD ::: good luck traders 🔸 Supply/Demand Zones ::: N/A ::: N/A 🔸 Other noteworthy technicals/fundies ::: TD9/Combo update: N/A ::: Sentiment mid-term: BULLS ::: Sentiment outlook short-term: BEARS/DIPS
COINBASE:BCHUSDShort
by ProjectSyndicate
2
XTZ.USD (Y20.P3.E1).Dont forget TezosHi All, Tezos is beginning to show some signs of strength. Recently it has broken a key level and if it can hold, this pattern will likely play part of a much larger movement. This will be new territory for all time highs, just like Link and hence it will be difficult to forecast beyond here. If I was to guess, $4.25 is the target for this Elliot impulse to point (1) at the macro level. Observations: Note key levels of resistance and support on the daily and short time frames are clear; 2Day chart> bullish momentum still to the upside as per Phoeix indicator. Daily Chart > Bearish div, potential pullback; 4 HRLY Chart > Have 2 targets, difficult to say for the short term. XTZ.BTC daily chart Please give me a like or tick for this post. Regards, S.Sari
BITFINEX:XTZUSDLong
by ssari
Tezos (XTZ) - July 12Hello? Dear Traders, Nice to meet you. "Like" is a great power for me. By "following" you can always get new information quickly. Thank you for always supporting. I go on vacation from July 13-15. Charts can be posted from the 16th. -------------------------------------- We received support from the downtrend line (2) and rose. We need to make sure we can get support by rising above 2.7490 points. We need to make sure we can rise above the downtrend line (3). -------------------------------------------------- ----------------------- ** Check support, resistance and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee profit or loss on investment. Description of abbreviations shown in chart R: Resistance point or section, where a countermeasure is needed to preserve revenue. S-L: Stop-Loss point or section S: A point or section that can be purchased for profit generation as a support point or section
by readCrypto
Uptrend channel on XTZ.Hello, traders. TEZOS/BTC is inside a bullish uptrend channel on the 4-hours chart, so we believe that the price has room to go test the top of the channel, and later the important resistance level. What Is an Ascending Channel? An ascending channel is the price action contained between upward sloping parallel lines. Higher highs and higher lows characterize this price pattern. Technical analysts construct an ascending channel by drawing a lower trend line that connects the swing lows, and an upper channel line that joins the swing highs. Ascending channels show a clearly defined uptrend. Traders can swing trade between the pattern’s support and resistance levels or trade in the direction of a breakout or breakdown. Push the like button and follow us!
Long
by MarketMinds
$3.10 must be brokenTezos finds itself at a most critical juncture. $3.10 is possibly a more challenging resistance level for Tezos than $2.00 was earlier this year. The fact that xtz has not pumped above $3.10 yet during the recovery gives me hope that many of the would-be sellers on the ride up are exiting here. Thus, if we can get past this level many of the sellers will have left, clearing the way for buyers to take over the market. The longer the battle for $3.10, the greater the odds that $3.10 shifts to firm support. Sustain a break above $3.10 and this is where things should become fun.
BITFINEX:XTZUSDLong
by m00nsnacks
1