TEZOS (XTZ): GEARING UP FOR A HIGHER RALLY.Welcome members to this long-term trade setup on XTZ/USD.
XTZ is at the lower support trendline and if we do backtesting then this is the exact same trendline from where XTZ has always rallied higher doing exceptionally great. XTZ has always respected this trendline not just once or twice but thrice and this is the 4th time XTZ is gearing up to bounce back. If XTZ is going to pump from this level then within a span of 3 months XTZ can possibly go $10+.
So, after calculating all the RR ratio I am posting my XTZ trade setup. Now, it is completely up to you whether you want to use the same strategy, use your own T.A, or don't wanna take a risk. I am absolutely fine with it. This is your free choice.
So here we go,
Entry: $2.9 to $3.57
Stop Loss: $2.41
Targets:
Target 1: $4.5
Target 2: $5.7
Target 3: $6.6
Target 4: $7.6
Target 5: $8.8
Note: This is a long-term trade setup so avoid leverage trading on this one and invest how much you are able to lose. And most importantly, ALWAYS USE STOPLOSS.
Share your views on XTZ in the comments and if you are new or viewing my post for the first time then do follow for more interesting updates.
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Thank you.
XTZUSD
XTZUSD H4: 80% gains XABCD BEST LEVEL TO BUY(SL/TP)(NEW)Why get subbed to me on Tradingview?
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XTZUSD H4: 80% gains XABCD BEST LEVEL TO BUY(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
IMPORTANT NOTE: always do your own due dill.
not financial advice.
🔸 Summary and potential trade setup
::: XTZUSD 4hour/candle chart review
::: updated/revised outlook
::: still great setup for 80% gains
::: we already got valid reversal
::: at point C / so it's cycle low now
::: speculative XABCD setup in progress
::: BULLS BUY DIPS / market BUY NOW
::: from my level TP +80% gains
::: this is BUY/HOLD setup
::: patient traders only
::: not for gamblers
::: SPECULATIVE SETUP
::: do your own due dill
::: and use proper risk management
::: TP bulls is +80% gains USD
::: details: see chart
::: FINAL TP +80% gains point D
::: recommended strategy: BUY/HOLD
::: SWING TRADE: BUY/HOLD IT
::: bull run not over yet
::: good luck traders!
::: BUY/HOLD and get paid. period.
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BULLS/PUMP/point D
::: Sentiment short-term: BEARS/PULLBACK/point C
RISK DISCLAIMER:
Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
XTZ/USDT Current update after break down#XTZ/USDT
$XTZ dumped -7% after break down.
What now..?
Still not In trade zone.
I am buying only if Breaks White line Resistance.
White Line Resistance = $4.20
If break the Resistance then we can aee $6 in coming days.
But wait for Confirmations.
Support:- $3.80
Resistance:- $4.20
XTZ/USDT 1DAY UPDATE BY CRYPTOSANDERSWelcome to this quick XTZ/USDT analysis.
I have tried my best to bring the best possible outcome to this chart.
Reason of trade:- XTZ/USDT Triangle pattern create and buy the dip and green zone
Entry:- $2.1
$2.6
Traget:- 75% to 100%
Stop loss:-$1.5
Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Happy trading.
Sorry for my English it is not my native language
Do hit the like button if you like it and share your charts in the comments section.
XTZ/USDT Technical Overview#XTZ/USDT Technical Overview:-
$XTZ trading at $4.04
This is Good support.
If $XTZ prize hit $4.40 thats would be good price to Enter because of Confirmations.
I am buying some here around $4.00
If Price go below $3.90 then I will exit.
Targets:- $4.40
If Hit $4.50 then New Target would be $6
Need to break White TL.
Support:- $4
Resistance:- $4.60/$5.60
XTZ at range resistance, breakout or burnout?Seems to be bottoming out, but hasn't formed a bearish divergence as it usually does. Volume looks like it can take more time to squeeze down. RSI also in a squeeze.
I am going to theorize that this time XTZ is going to breakdown from the 2 year long ascending channel and not breakout upward. because in the last run to $8 there was exceptionally huge volumes at the top, suggesting an old large hodler unloading, maybe a founder. Shake and bake baby.
Tezos Breakout✔ #XTZ $XTZTezos, which has been on a low-slope ascending channel for 836 days, is now moving from the bottom of the channel to the top of the channel, breaking a 126-day downtrend line and after stabilizing the price, it is ready to move to the midline and The roof of the canal. There is also a positive divergence in the chart, which could be a sign that the trend is moving up.
I hope you find this analysis useful🌹
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#DYOR
XTZ Target Price 4.4599Price closed above 4.0809 support level and exposed 4.4599 resistance level as a target for take profit.
XTZUSDT-SHORTBased on technical factors there is a short position in :
XTZUSDT Tezos
Score 2️⃣
🔴Short Now or set on Key Level 4.015
🟢Target 1 3.690
🟢Target 2 3.390
🟢Target 3 2.750
❌Stop loss 4.115
#K_Level
Every signal has a score from 1 to 5, so accordingly adjust your risk for each signal. The signals with the score of 5 are the most probable ones.
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💥TEZOS IS READY FOR 2X ROI TO $8🚀Please support this idea with a LIKE👍 if you find it useful🥳
Not a financial advice🙅🏼♂️
Price bounced back from the fourth support zone on the trendline and it’s currently heading to the upper trendline serving as resistance.
This right here is a confirmation that price is rising to $8.
What do you think?
Share your opinion in the comment section✍️
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Happy Trading💰🥳🤗
TEZOS | Descending Channel Pattern..!!
#XTZ (Update)
Descending Channel Consolidation Continues..📉
So far Looks Bullish & In Case of Upside Breakout, expecting +100-120% Bullish Wave..
📍 Always Wait for Confirmed Breakout & Candle to Close and Only then ENTER..
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XTZ Due For a Correction!?Tezos has been pushing up solidly recently from around january 26th we have been on a steady rise, we are currently trading inside of a rising wedge which is actually a bearish pattern and i believe we could be in for a healthy corrective move coming up soon. Don't get me wrong i am overall very bullish on Tezos in the longer term especially but i think we are due for a corrective move any day now. What im looking at is a possible false breakout of this rising wedge we have right now to the upside before coming back down quickly, this would effectively liquidate traders if we saw a move like this happen. Now if we look at our Mean Reversion channel we notice that our "mean" is below us about -15% currently, price tends to come back to this point sooner than later. Now another indication of a move like this happening is because we notice our top yellow/red band is right above the rising wedge, now this part indicates that price action is overbought-strong overbought, so playing back into my scenario with a false upside breakout landing us right in this overbought territory gives me more confirmation that a corrective move is coming. Now another reason is just due to the fact that we have seen very bullish price action recently, we have been steady moving to the upside with little to no corrective moves. Now what i am excited about here is that a move like this will provide yet another great buying and entry opportunity. Now lets look at the RSI, one thing is absolutely amazing, we are currently atleast on our 4H chart in a confirmed uptrend, this is shown by the RSI remaining above the midline for a decent amount of time, now another thing that plays into my prediction is that if we check a percentage drop on the RSI to a likely bounce support we actually line up perfectly with the same percentage as the mean is away from price action roughly 15-15.7%! Not financial advice just my opinion!
XTZ short setupTezos had a nice run over the past week but is still in a general downtrend and currently reaching a tough resistance area, which coincides with:
- 0.5 FIB level
- 50 EMA
- Low volume compared to the last big run in sep/21. This makes me confident in that we are more likely to see a move down.
Waiting for confirmation on the lower timeframes before entering
💡Don't miss the great buy opportunity in XTZUSD @tezosTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (3.130).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. XTZUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 64.
Take Profits:
TP1= @ 3.479
TP2= @ 3.800
TP3= @ 4.109
TP4= @ 4.426
TP5= @ 4.777
SL= Break below S2
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💡Don't miss the great buy opportunity in XTZUSD @tezosTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (3.130).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. XTZUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 64.
Take Profits:
TP1= @ 3.479
TP2= @ 3.800
TP3= @ 4.109
TP4= @ 4.426
TP5= @ 4.777
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
Tezos (XTZ) - January 25Hello?
Traders, welcome.
If you "follow", you can always get new information quickly.
Please also click "Like".
Have a nice day.
-------------------------------------
(XTZUSD 1W Chart)
(Full: )
1.8553 2069 point and above: uptrend expected to continue
4.0914 4691-4.4192 4300 or more: Expected to create a new wave.
You need to see if the uptrend can continue along the uptrend line.
A move above the 4.4192 4300 point is expected to accelerate the uptrend and find resistance at the 5.5738 1603-6.0233 4096 section.
If it goes down from the uptrend line, it is likely to drop below the 1.8553 2069 point, so trade cautiously.
-------------------------------------
(XTZBTC 1W Chart)
0.0001 4931-0.0001 7620 or higher: Expected to create a new wave.
Beginning in September 2021, the Bollinger Bands began to contract.
Therefore, a break from the downtrend line above the 0.0000 9730 point is expected to turn into an uptrend.
0.0000 6690-0.0001 4931 section is the bottom section.
------------------------------------------
We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether the price trend is in an upward trend or a downward trend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to be able to regenerate themselves.
------------------------------------------------------------ -----------------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator will move accordingly as price and volume move.
However, for convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet.
(Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, 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 disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
---------------------------------
Tezos XTZ - Buy and Sell with Funnel Trend Pattern We broke down from top of funnel off weekly TD9 Sell, while slightly above daily sell zone area.
In the weekly Buy Zone now. If we break down from this zone then green daily and weekly green supports line are in play near bottom of funnel.
Red weekly extended sell zone is in play for an area to take profit after funnel break out.
Happy trading!
XTZ Potential Channel BounceI have been watching this channel on the logarithmic chart for Tezos for almost a year now, and at least thus far it has consistently bounced near the channel bottom which is currently approaching.
It looks further possible that a bounce might occur based on bullish reversal divergence on the daily chart for both MACD and RSI.
The bounce will likely be dependent upon BTC, but see my post yesterday for how I think that BTC might also bounce here, supporting the idea of a Tezos bounce:
Either way, should be interesting to see if the trend holds up or if a new trend is about to occur. And as always, this is solely my opinion and is not in any way meant as financial advice. But please like or comment if you agree or have any further opinions!