XTZ (Tezos) - Key level broken - 40% upside potentialThe market seems to be recovering and moving from bearish to bullish (in the short term at least)
Tezos has built up 4 touches on a key level and broken through. It's likely we see a retest before lift off. If tezos grows we can aim for a re-test of the previous high. That's a 40% increase and would be a nice catch.
In my opinion Tezos is undervalued compared to other coins and I think we could see real action if the wider market trend starts to accelerate and 40% could just be the beginning.
If we fail to meet this rise upward - we look fairly safe at the $3.15 dollar mark and I would expect it to bounce and consolidate here.
This is not financial advice.
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XTZUSDT
Tezos (XTZ) - February 25Hello?
Dear traders, nice to meet you.
"Like" is a huge force for me.
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We have to see if we can get support and climb in the 3.3269-3.5936 range.
If you go down from 3.3269 point, you can touch 3.0019 point, so you need Stop Loss to preserve profit or loss.
However, you need to trade carefully as you can touch the uptrend line and go up.
(1W chart)
The 3.3269 point is an important point that separates the highs.
So, if you go down at 3.3269, there is a chance that it could turn into a downtrend.
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** 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 for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Hence, the interpretation is the same as the conventional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula from the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.)
** 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 or losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day.
G1: Closed price
G2: Market price at the time of opening
(Example) Gap (G1-G2)
🆓Tezos/USDT Analysis (24/2) #XTZ $XTZAfter retesting the support at 3$ and 3.3$ zones, XTZ could recover to retest 4.8$ zone by the Diving Board pattern. We can expect it will break this zone and move up to 5.5$ zone and 7$ zone
Although 3$ zone is the strong support because it is supported by MA200 of 12H timeframe, but if it fails in stop this dump, XTZ may dump to 2$ zone. So you should be careful
📈BUY
-Buy: 3.2-3.4$
-Buy: 2.8-3.0$. SL if B
📉SELL
-Sell: 4.7-4.9$. SL if A
-Sell: 5.4-5.6$. SL if A
-Sell: 6.9-7.1$. SL if A
♻️BACK-UP
-Sell: 2.8-3.0$ if B. SL if A
-Buy: 1.9-2.1$. SL if B
❓Details
Condition A : "If 12H candle closes ABOVE this zone"
Condition B : "If 12H candle closes BELOW this zone"
XTZ/USDT huge pump is comingHi every one
TEZOS / TETHERUS
XTZ/USDT has formed an ascending triangle pattern which means after the breaking of this pattern upwardly we shall see a huge amount of increase in the price since this pattern is already broken we can be sure that the projected price movement will make the upward movement and will be as much as the measured price movement (AB=CD)
Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Thank you for seeing idea .
Have a nice day and Good luck.
XTZ/USDT : Breakout on triangle BINANCE:XTZUSDT
Hello everyone 😃
XTZ had a breakout from triangle on current candle.
Also MACD have a bullish crossover..
📌 It's better to wait for a confirmation on next 4H candle close above triangle !
Attention: this isn't financial advice we are just trying to help people on their own vision.
Have a good day!
@Helical_Trades
XTZ/USDT : Bearish Divergence on 4H TF BINANCE:XTZUSDT
Hello everyone 😃
XTZ has been rejected from very bullish pattern.
RSI is showing a Bearish divergence.
Also Funding is very high,
So, correction in short-term is expected !
Attention: this isn't financial advice we are just trying to help people on their own vision.
Have a good day!
@Helical_Trades
Tezos (XTZ) looks bullish, The breakout will be hugeTezos is looking bullish on the daily chart and forming an ascending triangle known as a bullish pattern and usually breaks out upwards. XTZ is not much pumped from its bottom while other alts are pumped 3-5x. There is a lot of room for growth for XTZ from here.
Buy Zone: 885-910
Target: 990-1110-1330-1445-1640-1760-1870-1980-2120-2330-2500
Tezos (XTZ) - February 17Hello?
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.
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We need to see if we can get support from 4.1852-4.4810 and climb above 5.3684.
If you go down at 4.1852, you can touch the 3.5936 point, so you need a short stop loss.
The next volatility period is around February 22nd.
-------------------------------------------------- -------------------------------------------
** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Hence, the interpretation is the same as the conventional 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 published by oh92. (Thank you for this.)
** 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 transactions. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day.
G1: Closed price
G2: Market price at the time of opening
(Example) Gap (G1-G2)