Xtzusdsignals
Tezos medium term bull scenario (USD)Expect more short term selling pressure as significant buyers remain on the sidelines until price capitulates one final time. The current chart is not appealing at the moment for traders with size - easily shown by the declining trading volume since 2019's high. Watch volume closely. Also, watch the Tezos price trend cycle throughout the day. When daily trading highs are made morning or mid day, and followed by a sell off to close the day -- typically means that more downside is coming. On the contrary, when the day starts out red but closes higher than it began, traders are starting to accumulate and hold positions.
Now to my projection. I am a believer in ascending triangles. I see one in the making with Tezos and believe it will ride the ascending triangle for the medium-term. My price projections are based off of similar moves from Tezos and other cryptoassets as they formed and broke out of their patterns. Typically it takes 3 attempts to break ascending triangle resistance. Once resistance is broken it will immediately flip to support. If support holds I firmly believe that we will not see $2.00 XTZ ever again.
Love to hear your thoughts. Good luck!
Tezos - Time for the next wave up?I have been wrestling with what to do with XTZ and whether or not a re-entry is warranted at these levels. My initial thinking was that we would go down to $1.20 or $1. and I wanted to wait to see what XTZ would do once it hit those levels. We did indeed test the $1.2 area. Very quickly. Every time Tezos has looked to violently move down, even in the face of XTZ/BTC breaking down XTZ/USD has held up nicely. Tezos just hasn't broken down as it should have.
The daily chart is really telling here. I kept thinking tezos might form a larger head and shoulder and move to $1. And that's a concern if we can't break above the $1.50-$1.60 area. However, notice how we have based out a created an upwards sloping base at this 1.25 area? This is creating a diamond-like formation or almost a choppy inverse head and shoulders if you zoom in. If this is indeed the beginning of the next wave up. We will see XTZ hit $2-$2.30.
We have broken the downward trendline that has held prominent for a couple weeks. While the daily doji was concerning, we have actually closed and held above it. Look at that Daily MACD. While it hasn't crossed it, it seems poised to do so. that could be premature, but it's looking good. RSI also came off an almost oversold play. Tezos has also had one of the most solid user growth bases and so far has been continuing the trend upwards in that regard. Which indicates an increase in value over time in Tezos. All of these factors lead me to believe that we will continue to push up in Tezos and a re-entry is warranted. Of course, this is crypto, we never know what is going to happen, but so far it appears we will grind higher and go to at least the $1.50 area.
Happy trading and hodling,
-Sherem
XTZ/BTC TA Update (Another Leg Down?)XTZ/BTC
XTZ is on a strong or deep pullback and already testing the golden Fib 0.618 level. The RSI hasn't hit the oversold condition yet and we are still seeing increased in sell volume indicating that there could still be another leg down before a strong move to the upside. If XTZ can close the price above 1700 then there is potential that this trend is ready to move up again. Otherwise, we could experience more downward action below 1500 - 1300 regions.
XTZUSDT formed bullish Cypher | Upto 38.5% bullish move expectedOn Nov 1st I published the idea of Tezos / US Dollar and it produced more than 121% and below was the idea:
Now the price action of World's 10th ranked largest cryptocurrency out of more than 2300 cryptocurrencies Tezos (XTZ) has formed bullish Cypher pattern and entered in potential reversal zone and ready to take bullish reversal soon at any time.
This potential reversal zone should be used as stop loss in case of complete candle stick closes below this zone.
Lets have a look on the dimensions of Tezos (XTZ) price action's harmonic move:
After initial leg (X to A) the A to B leg is retraced between 0.382 to 0.618 Fibonacci (The exact measuring is 0.446 Fibonacci) and then B to C leg is projected between 1.272 to 1.414 of A to X leg's Fibonacci projection (The exact projection is 1.333 Fibonacci) and final (C to D) leg is retraced between 0.618 to 0.786 Fibonacci projection of X to D leg as required for perfect bullish Cypher and now the price action is entered in potential reversal zone of this bullish Cypher pattern, now we can expect bullish move at any time which will lead the priceline between 0.382 to 0.786 Fibonacci projection of C to D leg, but after this bullish divergence if the candles sticks will be closed above 0.786 Fibonacci levels then it can also lead to the long term bullish move.
As per Fibonacci sequence method we can set our targets as below for mid term trade:
Buy between: $1.3655 to $1.2356
Sell between: $1.4677 to $1.7140
So this trade has potential to give upto 38.5% gains.
Regards,
Atif Akbar (moon333)
The harmonic moves analysis involves hours of hard work and determination however the success of harmonic trading in fiat and cryptocurrencies is around 80% therefore it is always important that you follow any stop loss strategy while trading harmonic patterns I have also shared a stop loss idea in this article, the information in this article is for educational purpose only this is not intended to be investment advice, I have tried my best to catch the harmonic moves as per predefined classical harmonic bullish Cypher pattern if you find any flaw or you have any suggestion feel free to share with me in comments section.
Regards,
Atif Akbar (moon333)
XTZUSD formed perfect Gartley | Upto 150% expectedPriceline of XTZ / US Dollar cryptocurrency has formed a perfect bullish Gartley and entered in potential reversal zone.
I have used Fibonacci sequence to set the targets:
Buy between: 0.9388 to 0.6661
Sell between: 1.1527 to 1.6674
Regards,
Atif Akbar (moon333)
XTZUSDT forming bullish Gartley | Upto 19% bullish move aheadPriceline of Tezos / Tether US cryptocurrency is forming bullish Cypher pattern and soon it will be entered in potential reversal zone insha Allah.
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
I have used Fibonacci sequence to set the targets:
Buy between: 1.2072 to 1.1468
Sell between: 1.2544 to 1.3690
Regards,
Atif Akbar (moon333)
XTZUSDT formed bullish BAT | A good long opportunityPriceline of Tezos / US Dollar cryptocurrency has formed a bullish BAT pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
I have used Fibonacci sequence to set the targets:
Buy between: 1.4736 to 1.4520
Sell between: 1.5257 to 1.6032
Regards,
Atif Akbar (moon333)
XTZUSD W BOTTOM BULLISH SHORTI know I said I'd tried to update with a publication each day; I'll have to politely ask you to hold me to that promise until after the holiday breaks -- $BTCUSD failed to break the ceiling resistance in previous publication however the indicators & hashrates do not lie HENCE the retracement we've just seen back to 7180 R1S2 & Demarke is still in effect; just took a little longer than projected.
I want to focus on ALTS now that we've had a major rally in BTCUSD price action: primarily I've had my eyes on: ENJETH / BNBBTC / TRXXRP (already closed -- check twitter) / BTTBNB (already closed -- check twitter) and now XTZUSD
Without going into too much detail -- W BOTTOM reveals target short on XTZUSD @ $1.65 with a stop listed at $1.435
www.investopedia.com
Source/Ref for more info on M tops & W bottoms (which I've covered in detail in prior publications) but always helpful to provide tools for you to educate yourself to spot indicators rather than just providing forexsignals with no basis.
Additionally, we're seeing a lot more healthy priceaction which I believe is a good thing -- organic growth in market cap / price rather than the rampant volatility from OTC trading / Pump & Dump whaling circa 2016-17.
Remember to always set your stop losses!
Disclaimer
Not financial Advise. Beware of price volatility. All forexsignals subject to change contingent on market priceaction.
-@a1mtarabichi
Happy Holidays / Merry Christmas / Happy New Years!
#TEZOS Wants More! $XTZ$BTC pair. NAILED IT!As predicted Tezos is smashing through the charts. This rocket fueled project has outperformed the entire #Crypto market specially $BTC over the past year.
We are just now finally going into price discovery with a sustained growth flipping resistance into support. My prediction is that we are not stopping until 0.0025sats. I also predict a continuation to 0.0035 sats by Xmas where the main target is somewhere around 0.0078 over the next two months +-.
My presumption is that it will come sooner vs. later. #Tezos will land right around top 5, in the next 60 days. There are tons of news coming out including the first STO, ZStarck privacy feature, stable coin and more.
What are you waiting for? Stacking is paying 7% or 5.6% simply on Coinbase.#Binance zero fee stacking, OKEX etc.. pick your battle fellas.
This is Potentially financial advice
Just go long! You have everything to lose! FOLLOW THE MONEY!
Tezos = 2$The most successful ICO in 2017 232 million $ - 2 weeks
+ advantage
1.Self-amendment system
2.At the heart of Delegated Proof of Stake
3.Formal verification for smart contracts
4.Large community
- disadvantage
1.On-chain governance
2Little different from ETH
3. Not fast transactions
NEWS
www.coindesk.com
beincrypto.com
XTZUSDT formed bullish BAT | A good long opportunityPriceline of Tezos / US Dollar cryptocurrency has formed a bullish BAT pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
I have used Fibonacci sequence to set the targets:
Buy between: 1.1505 to 1.1347
Sell between: 1.1883 to 1.2450
Regards,
Atif Akbar (moon333)
Tezos (XTZ) cross may be ready for a bullish continuation Hi folks and welcome back to my analysis.
I just noticed that both the bitcoin and dollar crosses for XTZ are positioned for an up move, and since it is in line with our previous analysis on bullish continuation and it'd be a good idea to share it with you all. (link here)
Seems like on the right, our tezos created it's phase C low, and quickly and derisively made it back into the trading range. On the left hand XTZ may be making a "feather" structure. Where in Wyckoff methodology, it represent a very low volume, low volatility period that is followed by an explosive move.
Therefore, Tezos is officially on my trading list. I'm opening up probing positions with stops below the ATR, and I will add to my positions with significant bars to the upside confirming the up move.
Alternatively, folks remember there is a short-term bearish scenario that we are following. If this view fails, we are going to visit the lows at selling climaxes before we go to the top again! You can find more details in the previous post.
p.s sorry for the misspelling on the chart. Sign* of weakness
If you folks enjoyed my analysis, and want to stay up to date with updates, don't forget to follow me.
If you have any suggestions and criticisms please let me know in the comments! we are here to empower each other to survive this market!
Best,
Shayan
TEZOS Technical Analysis - XTZUSD - 24%-223% Profit ExpectedTEZOS Technical Analysis - XTZUSD - 24%-223% Profit Expected
Nice Trade Coming For TEZOS...2x - 3x Gains Expected.
Based on AB=CD pattern , Time Ratio & Gann Analysis, It's a potential long position with great returns :)
In a lower time-frame (4hrs) this long position has also been confirmed.
Target Profit Range - 0.63 - 1.55
(24%-223% Profit Expected)
TP - 1 - 0.63
TP - 2 - 0.84
TP - 3 - 0.99
TP - 4 - 1.16
TP - 5 - 1.32
TP - 6 - 1.55
Buying Zone! Long Position
Early Entry Trigger Point - 0.63 - 0.68
Ideal Entry Trigger Point - 0.48 - 0.53
For Bigger Time-Frame
***If you want to get in this trade from this point 0.86 you can still make 15% profit till TP3 is reached. There is a very high probability that price may continue to move upwards before it moves downwards towards my ideal entry point., It is recommended to enter with a smaller lot size if you want to go long right away & manage your stop loss accordingly.
Short-term Trade- 1hr- chart
I see a possible move going upwards and may hit 0.99 or it can even touch 1.06 mark that's why I have mentioned the points in a chart for a short-term long position too. As it's a short term risky trade, it is highly recommended to enter with a smaller lot size if you want to go long right away & manage your stop loss accordingly.
Good Luck.!
Disclaimer - This is not financial advice. This is my personal view and analysis of this chart.
If you follow this idea please plan your trade according to your lot size and account equity.
Don't forget to like, comment & follow , If you agree with my analysis :)
TEZOS $XTZ|$BTC - It wants More!I continue to use HITBTC to chart due to the data from its futures trade from 2017. Although many of you dislike the idea of using that data, Coinbase and all indexes are using it as we speak. The trend lines are all following in place & for all I care, the charts are the only thing that matters to me, not opinions or preferences.
Nevertheless, with all that aside, $XTZ is entering a very bullish pattern having broken the nasty downtrend from months on end. We finally blasted through the huge falling wedge and have gone into a price discovery zone that in this case it can take us to new levels. Coinbase announced Staking yesterday, OKex open trading and Staking, Binance has added $XTZ and Staking is also in the pipeline.
With all that to be consider, many new updates are coming to the network such as Privacy ZSnark, Checkers, and countless other new and cutting edge features that is lights away from the competition.
If I were to put a price target on Tezos by EOY, I would like to see it around $7 - $12 dollars. It's not too crazy to think of these numbers. Consider that Elevated Returns STO is set to launch in December 2019! It's approved and it will deploy. This will be a huge catalyst and it is likely to open the floodgates driving attention and major exposure.
In China, Tezos is been regarded is stable and secured as $BTC, with the advantage that it can do much more than just store of value for $Crypto and blockchain as a whole.
I remain extremely bullish and will continue to Stake my Tezzies until it explodes to Private Jet status.
This is not the time to sell, but to BUY BUY BUY until you run out of money. Accumulate as much as your wallet and guts can take.
Happy Trading and let's fucking Go!
I've being long accumulating since its all time low & had over 100K XTZ from ICO. I am not concern about short term pumps. Whats ahead of us is pure MAD CASH & Glory!