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XTZUSDT

XTZ/USD - At resistance, can we push beyond $5?XTZ finally did a nice pump after doing nothing for half a year... Now we find ourselves at this resistance area around $5 where I find it a bit unlikely for XTZ to push higher directly, we may need a bit of refueling here before we can exit this massive channel. Goin above this channel would be extremely bullish, but that is still to be confirmed, last two times we were this high we corrected down more than 60%. So do NOT FOMO here... nope. FOMO if we break this channel resistance. What I mean is going beyond $5.5 and pushing hard with volume. Best approach now... is to do nothing and simply wait for price action to develop. If we are spanked down, then yeah, try again in one year. :P Indicators are looking bullish, but overextended, maybe another push, hard to say. Keep a close eye. If you have a stack on XTZ, good to secure some profit here to not lose it all. Like and follow if you liked this idea. Also join my crypto community to stay in touch!
by DU09
3
Tezos (XTZ) Analysis - Sitting at key levelTezos has just hit the a key level formed in august last year. It seems to have printed the startings of a cup and handle pattern. Time will tell. I would expect Tezos to take some time to conquer the 4.5 dollar key level (creating the handle shape of the cup and handle). If this happens a great entry would be after the handle breaks the top of the cup. If you like this analysis or find it useful, please follow, like and if your feeling particularly generous send me a coffee on my Ko-Fi page ko-fi.com This is not financial advice
Long
by JamesVitaly
4
XTZ - 6h. Buyers can expect $6.4 but only after $4-4.2+ 125% for a month and a half. XTZ buyers have set a great result for the beginning of 2021. One of the most aggressive coins of recent times has come to its critical point again. If you look at the daily timeframe , we see that from February 2020, buyers can not consolidate above the range $4-4.2 Today, buyers are trying for the third time to break through this range and increased volumes will push on it. In addition to the critical range, buyers rested on the trend line, which from January 9 constantly stops the growth of the price of XTZ and sends it for correction. Unsuccessful attempt of buyers to consolidate above the global critical price zone $4-4.2 will provoke the beginning of the correction with the first goal $3.4 and the final - $2.9-3 However, if buyers can break through this range, we will consider this coin every time in a new idea. The optimistic scenario is a test of the mark of $6.4 . However, only after fixing the price above $4-4.2 . _______________________________ We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements. Subscribe to us and get daily concise analytics!
by P_S_trade
16
Tezos (XTZ) - February 10Hello? 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. -------------------------------------------------- ----- It broke above the important point of 3.3269 point and moved higher. We have to see if we can ascend above 4.0100 points. If you move down from the 3.3269 point, you may fall below the 2.8221 point, so you need a short stop loss. If it gets support at the 4.01 point, it is expected to rise above the 4.4936 point. -------------------------------------------------- ------------------------------------------- ** 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 traditional 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)
by readCrypto
2
🆓Tezos/USDT Analysis (9/2) #XTZ $XTZXTZ is having a strong resistance zone at 3.5$, I think a strong buying force will come soon to help XTZ overcome this zone to rise to 4.2$ zone on 17th February and strongly to 5.5$ zone on 23rd February If that buy force does not come, XTZ will gradually decrease to $2.8 zone over the next few days, which is also a good buy zone but will extend the time to $4.2 and $5.5 zones into March. 📅NEWS 👉Feb 9 : Blockchain Congress 👉Feb 13 : Edo Upgrade Proposal 📈BUY -Buy: 3.4-3.6$ if A. SL if B -Buy: 4.1-4.3$ if A. SL if B 📉SELL -Sell: 4.1-4.3$. SL if A -Sell: 5.5-5.75$. SL if A ♻️BACK-UP -Buy: 2.75-2.9$. SL if B -Buy: 2.45-2.55$. SL if B ❓Details Condition A : "If 1D candle closes ABOVE this zone" Condition B : "If 1D candle closes BELOW this zone"
by CryptoStation
XTZ 12h Be careful with long and read to the endThe first thing I want to write is that XTZ is a very manipulative coin . And it seems it began to bother the manipulator. Why XTZUSDT aroused your interest, we do not know, but you voted for it in the weekly digest , so we are analyzing it) Within 3 months, the XTZUSDT price has been moving up in a clear channel , the limits of which are probably skillfully supported by trading robots. Pay attention to how the XTZUSD value without volumes fell from August to November 2020, and for sure the patience of the "inveterate investor" XTZ came to an end. Since November, he started pumping up the XTZUSDT trading pair with volumes. If we are not mistaken, the news background was and is without "exclusive and wow effects". The first profit taking took place at the end of November 2020 and this can be seen in the volumes surge near the upper limit of the channel. Further, at the end of December, in the trading algorithm, most likely, there was a failure and the bot that substituted the walls to keep the channel limits dropped out of the game. We can see the result on the chart, the price fell down from the channel: it broke the stops and l iquidated more than one small deposit of traders who like to play with margin leverage. This situation is most likely force majeure, and not a planned action, since the volumes on the flow are low. From the bottom, it was not a manipulator who was bought, but lucky ones with small deposits. Then the trading bot was repaired and it returned the XTZUSDT price to the trading channel. For one month, while increasing trading volumes, the XTZUSD price was growing. Someone bought, and someone skillfully sold an asset that was stale. And so, on 23 January, 2021, we got a price spike and maximum trading volumes. Most likely it was the end of growth. If you've read this far, then you've got a few numbers to ponder on trading) The most positive scenario is the price growth to $3.20. If by some miracle the price manages to fix above $3.20 , then by inertia it will still stretch to $3.60 , but not higher. If we are right and the manipulator ended the XTZ sale by putting the cherry on the cake on 23.01.21, then the XTZUSDT price will face a strong fall. First target from below is $2.45-2.50. _______________________________ Since 2016 , we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05% . If we help you to be calmer and richer - help us to be happier :)
by P_S_trade
22