XTZUSDT
Tezos (XTZ) - February 1Hello?
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 at 2.8221 and move above the uptrend line (1).
If it falls from the 2.7595 point, a short stop loss is required.
If it falls at the 2.4821 point, a Stop Loss is required to preserve profit and loss.
However, you need to trade carefully as you can touch the downtrend line (3) and go up.
We have to see if we can ascend above the critical point of 3.3269.
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** 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 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)
XTZUSDT (TEZOS) - IMMINENT BREAKOUT ANALYSIS 🔎
- XTZUSDT is consolidating in a symmetrical triangle pattern .
- A relatively big move is imminent.
- There's a breakout potential.
POSSIBLE PRICE ACTIONS
- Uptrend ⬆️: breakout above the symmetrical triangle's inclined resistance.
- Downtrend ⬇️: breakdown below the symmetrical triangle's inclined support.
TARGETS 🎯
- Uptrend ⬆️: Horizontal resistance levels (R1, R2).
- Downtrend ⬇️: Horizontal support levels (S1, S2)
Tezos (XTZ) - January 26Hello?
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 remains to be seen if it is supported at 2.8221 and the uptrend line (1) and can move above 3.3269
If it falls at the 2.4821 point, a Stop Loss is required to preserve profit and loss.
However, it is necessary to trade carefully as it can gain support and rise at the 2.2080 point.
-------------------------------------------------- -------------------------------------------
** 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 Trust Coming - Multiple Your BTC w XTZ Bitcoin MultiplierTezos until we Bezos. XTZBTC is looking really good for a reversal. Bitcoin should hold steady with institutions holding it down at $30k. This is a great time for altcoin laggards to shine. XTZ will have a candle close above the 50 day EMA and the bull trend should continue. Tezos trust is coming - load up
XTZUSDT analysisThere is lots to unfold here. On one hand we have buy4, buy2, buy1 and Moon. Engineering robo is bullish once it broke resistance at 2.4$. Congrats to those who made nearly 20% profit.
However it looks like it is forming a pennant wedge pattern with higher highs and lower lows. I believe once it touches the downtrend line, we should sell immediately.
Do you agree? Let me know in the comments below.
Retraces are temporary, Tezos is forever. Well, at least until a solar flair...
I called a successful short term top at 3.2 perfectly in my last post and bought back at 2.7. We are not in moonshot territory yet and we are very much dictated by btc and eth. Swings will come and they will be violent but you should use them to your advantage to grow your stack. See my past posts for my strategy.
Tezos is being suppressed. By it's TA, by it's lack of a wacky over the top CEO and a hype team. That is okay. Tezos is the real thing and we are not even in the top 20 yet. When we go into blue sky mode it will be legendary.
Be safe out there, 2021 will be an insane year for us. Anything is possible.
All eyes on ETHWe are currently in the danger zone of playing with 3.2 while eth tests its all time high. As of right now, ETHUSD is tapping the 1420-1450 level where it is meeting strong resistance.
ETHUSD is currently bearish diverging on the daily which could signal a reversal, dragging the rest of the altcoins with it. However if able to break out of the 1450 range and close, we could see a 2k eth in a week, as well as a 4 dollar Tezos.
I am currently keeping as close eye on the market as I will be acting on what ETHUSD will be doing.
XTZUSD is currently out of the boll bands and RSI is teasing 70, my golden sell conditions. I am deleveraging but who knows what will happen, we are in the wild west.
If we see a pull back I predict support at 2.7 but we may temporarily dump lower. I will be watching. After which we will come back to 3.2 and break it in an amazing fashion :).
Thanks for reading and be safe out there.