Xtzusdsignals
XTZ facing a strong resistance and trend lineI have drawn some historical resistance and support lines.
It seems that XTZ was slowly pacing up since the Corona dump. Especially lately as we can see that strong uptrend channel.
Nevertheless, we came to the key point now, XTC is facing strong resistance and a confirmed uptrend line.
Will it break? Hope so :D
XTZ 1D - Rising WedgeBest target is 0.23 FIB retracement if breakdown occurs.
I've put in Pink SPX price which is going very similar those days.
C&H Signals parabolic short XTZTezos is Kicking off this beautiful Friday morning kicking off this beautiful Friday morning where the sun where the weather today looks spectacular on the east coast :-)
So my guess is sometime around 4 to 7 AM so my guess is sometime around 4 to 7 AM during peak Asian trading hours (Probably as a result of probably as a result of the resurgence i've coveredProbably as a result of the resurgence of covid19 (second wave) in China with breaking news revealing wuhan has seen a surge of 50%+ cases of coronavirus diagnosis despite the fact their curve had flattened so much so that they lifted their social distancing bylaws and their workers were fully transitioned back into the workplace..
My guess is this is will cause panic and FUD as there's still so much we don’t know when it pertains the coronavirus and more questions than answers leaving too much uncertainty which is the one thing institutional investors cannot stand: Selloffs, recessions & extended bear markets are fine but the prospect of hypothetically reopening the economy just to shut it down again is compelling enough to make everyone on Wall Street shit their pants and seeing as how it's about 6:30 AM EST right now they should be waking up and we should be seeing some parabolic in prominent Alts and much much more volume On BTC.
Edit: When I started this publication when I started this publication you were sidewaysWhen I started this publication we were sideways; I need to keep the opeds shorter Because My prediction literally came my prediction literally came through so quickly that I didn't need to be have a chance to post it yetMy prediction literally came through so quickly that I didn’t have a chance to post it yet.
So as long as you do not fear anything and remain disciplined in your entry/exit pts there is still time to make this entry so I’ll conclude head wrap this up sorry you guys !
So the two main figures to look out for our 2797 aka the stop loss and most important figure & 3168 which is the optimal TP for a perfect short on XTZBTC!
Have a wonderful weekend & a happy Friday everyone.
Stay safe and healthy and take care of yourselves and your families with I reported staggering +800% shattering increase and statistics for domestic violence/abuse we need to keep in mind we are at the crisis right now and the last thing we should do be fighting with those we love the most though is closest to us rather banding together at using this time as a gift try to see the glass is half full.
I’ll leave it at that.
Peace & Love
-@a1mtarabichi
DISCLAIMER
These statements are not guarantees of future performance and undue reliance should not be placed on them. Such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause actual performance and financial results in future periods to differ materially from any projections of future performance or result expressed or implied by such forward-looking statements.
XTZUSD Buy SignalPattern: Channel Up since December 2018.
Signal: Bullish as the price has rebounded on the Higher Low of the Channel Up to the 1D MA50 while the RSI is replicating a bullish pattern.
Signal: 3.9000 (roughly the previous Higher High and 5.000 (+430% from the Higher Low) in extension.
Previous signal:
Tezos Bullish ViewBullish view for Tezos
1H chart
Fib spirals showing areas of potential support and resistance, showing bottom and tops
Positive volume trend
Falling wedge can be observed and is a bullish continuation pattern in this case
My other chart for Tezos, as you can see there is a rising wedge, a bearish pattern. Which pattern will be dominant?
On the daily chart a fib spiral has provided a nice support, 'supporting' this bullish view.
XTZ / USD — WHATS NEXT TARGET Hello people!
See this little video how to trade tezos on this week.
I explained why it can be bullish.
How to find a target.
Where to sell
This is mid-term idea.
Consider to use Stop loss.
DONT HOLD SHITCOINS
and of course:
Please don’t follow any analyst blindly.
If you following somebody with good Risk/Reward and Win Ratio.
Without risk management and allowing yourself to lose some trades, you won’t be good trader/investor.
Always use stop loss to prevent yourself from losses.
Make sure you understand and afford the risk. Please.
ATTENTION: Dear followers please consider to appreciate my ideas on tradingview with your likes, this will help bring more quality content in next trading ideas. And if new to my work, and you like it, you can Follow my page to receive ideas in your Ideas Stream. Thanks 🤝😊
Stay tuned to Artem Crypto
XTZ strategy.Hello Traders,
Today I am gonna be showing a two buying options strategy for XTZ, one of them is if we break above this short term resistance line, or on the test of this important support Level. We still see the price on bullish trend so we not will go short until the price is above this important support level.
On the chart we mark important informations as entry points, and our objective is the last uptrend short term moviment projection.
Please support this publication with your like. You are welcome to follow us on the Tradingview.
Best regard Sandro and Gustavo.
Tezos Bearish alligatorTezos has seen a great bull run. However it has reached the point where the downside potential is A LOT greater than the upside potential. Support for this theory includes the bearish opening of the Gaussian alligator indicator, preceded by a double top and a bearish divergence. The previous Bearish opening held bullish potential due to the formation of the descending scallop, a bullish reversal pattern. By 'baby coin' I mean the coin is very young and most alt coins do not show this chart structure in their early days, its just strange. A personal bias may come into play, I do hate this coin.. xD
XTZUSD formed bullish Shark | Upto 125% bullish move expectedAn eye on previous bullish harmonic move:
Hi Folks hope you are doing well, this bearish trend is helping many tokens and cryptocurrencies to complete their final bearish legs to form bullish patterns and Tezos (XTZ) is also one of them. This time the XTZ has also completed another harmonic move but before moving to current pattern lets watch the previous move so it will be easy to understand the current harmonic move.
Below was the long term 2 week chart I published on 1st November 2019 and on this chart I found that the XTZ had formed a perfect Gartley pattern. The formation of this pattern was started on the candlestick which as opened on 21st January 2019. The initial leg was completed on the candlestick that was opened and closed on 13th May 2019. After that we have witnessed that the price action has retraced between 0.618 to 0.786 Fibonacci level and completed the A to B leg. After this retracement the price line of Tezos projected between 0.382 to 0.886 Fibonacci projection and this was the Fibonacci projection area of A to B leg. When I published the chart at that time priceline was moving in the potential reversal zone and we had 4th candlestick in this area.
Now from that potential reversal zone the XTZ was suppose to move up and enter in the Fibonacci projection area of A to D leg between 0.382 to 0. 786 Fib level. So there was almost 150% bullish move was expected but we have witnessed that Tezos turned very strong bullish and first the price action entered in the Fibonacci projection area and from December 2019 to January 2020 the price action started a correction rally between the projection area of A to D leg and then broke out the 0.786 Fibonacci level as well and produced more than 348% massive profit.
Failed in breaking out the long term resistance:
After producing such a massive bullish rally the price action found a long term strong resistance at $3.52 and finally the priceline of failed to break out this resistance level and dropped down back in the Fibonacci projection of A to D leg of previous bullish Gartley pattern. At this level the price action is also hitting at the previous support of $1.26 and also using the 0.382 Fibonacci projection as a support.
The Tesoz is hitting at the support that is never broken down:
Now if we move to 2 day chart then it can be observed that the price action of XTZ is now at 200 simple moving average support and at the same time it is also hitting at the 100 SMA. As per Kraken exchange this 200 moving average was first time appeared on 17 November 2019 and since then the price action of Tezos never has hit on the support this time the price line of XTZ is touching at 200 simple moving average support for the first time in its history as per Kraken exchange chart.
A recent harmonic move can produce another bullish rally:
Now if we closely examine on this 2 day chart then it can be clearly seen that Tezos has formed another harmonic pattern. And this time the pattern is bullish Shark. The initial leg of this pattern was started on the candlestick that was opened and closed on 3 January 2020 and this initial leg was completed at the candlestick of 12th Feb 2020. After that the price action retraced between 0.382 to 0.618 Fibonacci level. (there is slight difference to reach up to the level of 0.382 but I have ignored this slight difference because all other legs of this pattern are formed perfectly as required for a perfect bullish Shark. After the completion of A to B leg the price line of XTZ was supposed to be retraced between 1.13 to 1.618 Fibonacci projection of A to B leg and on the chart we can see that the price action has projected up to 1.363 Fibonacci projection. finally the recent strong sell off has helped the XTZ to complete the last leg of this pattern and the final leg is retraced down between 0.886 to 1.13 Fibonacci level as required for the C to D leg of bullish Shark pattern. We can see we have fourth candlestick moving in this potential reversal zone. Now as per Fibonacci sequence method priceline is supposed to take a bullish divergence from this PRZ level to enter in the Fibonacci projection area of C to D leg from 0.382 to 0.786 Fibonacci projection.
As per Fibonacci sequence the potential reversal zone and Fibonacci projection of C to D legs are as below:
Potential reversal zone: $1.4984 to $0.9170
Fibonacci projection of C to D legs: $ 2.0710 to $ 3.2854
So this time Tezos has capacity to produce upto 125%. However if the priceline will manage to cross up the 0.786 Fibonacci projection then it can breakout the $3.52 resistance as well.
Stop loss:
The maximum extent of potential reversal zone at $$0.9170 can be used as stop loss because if this level will be broken down then XTZ can start another bearish rally towards downside.
Regards,
Atif Akbar (moon333)
Tezos - XTZ USD Large Triangle and Local Bull FlagHello my friend
We have : Symmetric Large Triangle ( blue )
and Local Bull Flag ( black )
purple - support and resistance lines
A small bull flag can tell us that growth will continue.
But I would wait for another exit from the triangle and buy in the zone that I indicated.
So with the sale.
Globally, we have a trend line that acts as a magnet for us and over time we will come to it for a support test.
At the moment, such thoughts, if I see something interesting I will update the idea.
This is just my opinion, and is not a call to action)
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