Tezos (XTZ) vs TetherUS (USDT)For Tezos (XTZBTC) we also have a lower high as we saw with MATICUSDT... Prices can continue to drop.
Yesterday's candle is also sending out a strong reversal signal that favors the bears (down/red), here is a close up:
Trading volume is also higher on the red side the past day... There can be more drop.
Namaste.
XTZUSDT
Tezos (XTZ) - June 3Hello?
Dear Traders, Nice to meet you.
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Touch the 3.0418 point and you are in your current location.
We need to make sure we can quickly climb above the 2.8886 point.
If you get support at the 2.8886 point, you are expected to gain the strength to rise above the 3.0418 point.
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** Check support, resistance and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee profit or loss on investment.
Description of abbreviations shown in chart
R: A resistance point or section where a response is needed to preserve revenue
S-L: Stop-Loss point or section
S: A point or section where purchase is possible to generate profits as a support point or section
XTZ LONG what is your target? hello traders,
XTZUSDT 4h Binance with Xprofit, very good overall ratio. No too much trade but amazing money. Continue with same stats on this timeframe and indicator.
what is your next target?
on something like this leverage 2-3 easy. Profit Multiplies as well.
might automate this for me as well :P
Cheers traders,
join links below for more ;)
Tezos (XTZ) - May 30Hello?
Dear Traders, Nice to meet you.
"Like" is a great power for me.
By "following" you can always get new information quickly.
Thank you for always supporting.
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We need to make sure we can get support by climbing above the critical point of 2.8886.
You should also see if you can rise above the 2.8886 point and rise above the uptrend line (1).
If it does, you need to make sure you can get support on the downtrend line (3).
(1M chart)
(1W chart)
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** Check support, resistance and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee profit or loss on investment.
Description of abbreviations shown in chart
R: A resistance point or section where a response is needed to preserve revenue
S-L: Stop-Loss point or section
S: A point or section where purchase is possible to generate profits as a support point or section
TezosXTZ/USD is waitin for Bitcoin.
"All ships must sail in the same direction", ( The Godfather, Part III )
Disclaimer:
We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature,
and are therefore are unqualified to give investment recommendations.
Always do your own research and consult with a licensed investment professional before investing.
This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
Tezos; If the symmetrical triangle breaks, a 15% drop will occurTezos (XTZUSD)
Currently XTZ is trading inside a symmetrical triangle pattern !
Recently a bearish MA crossover occured and it indicates that the chance is higher that the breakout will occur below the triangle !
I am already active on this trade; entered on the trend resistance of the triangle.
Stay Tuned !
👍
Tezos cup & handle + pennant What a beautiful sight for Tezos bulls. The consolidation over the past few weeks appears ready to make a breakout. Strengthening bitcoin technicals will continue to act as a tailwind lifting xtz even higher. Still reason to be cautious given the macro environment; however, this setup looks pretty.
Grab your popcorn.
#XTZ/USDT (May 26)XTZ is still strong and the sell force is not too harmful to XTZ. The final target for XTZ is about 3.5$ in June
But here we have 2 scenarios :
- Move up from 2.6-2.65$ to 3.5$
- Lose the 2.5-2.6$ support, it will drop quickly to around 2$ then keep moving up to 3.5$
We should try these plans because the risk is very small
XTZUSDT Macro Levels| Declining Volume|.618 Fibonacci ResistanceEvening Traders,
Today’s Technical Analysis – XTZUSDT – a break out is imminent as volume continues to decline; key structural levels are likely to be tested.
Points to consider,
- Trend bullish (consecutive higher lows)
- Trend line support holding true
- Current resistance .618 Fibonacci
- RSI above 50
- Stochastics projecting down
- Declining volume
XTZUSDT’s trend has been putting in consecutive higher lows, now trading in a range between two important levels, monthly resistance and daily support.
The current trend line support is holding true, a higher low projection will be at play until the trend line has been breached.
Immediate resistance, the .618 Fibonacci is to be breached for a test of monthly resistance; price has been rejected multiple times.
The RSI breaking below 50 will negate any bullish bias in the market. The stochastics are projecting down, this a sign of momentum shifting.
XTZUSDT’s volume is clearly declining, an indication of an influx in volume being imminent as key structural levels get tested.
Overall, in my opinion, XTZUSDT is approaching a key technical level where a break will be imminent. A long trade will be valid above monthly resistance. Breaking below daily support will validate a short trade.
The break needs to be backed with increasing volume; this will help avoid fake outs.
What are your thoughts?
Please leave a like and comment,
And remember,
“This lack of support is not simply an absence of encouragement. It can be as deep as the outright denial of some particular way in which we want to express ourselves.”
― Mark Douglas
Tezos (XTZ) - May 25Hello?
Dear Traders, Nice to meet you.
"Like" is a great power for me.
By "following" you can always get new information quickly.
Thank you for always supporting.
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Points to be supported by ascent: 2.7490 points
I think it is a U-turn point where there is a possibility of further rise if it can be supported by rising above 2.7490.
If you fail to rise above the downtrend line (2) and fall, you need to make sure you can get support at the 2.5894 point.
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** Check support, resistance and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee profit or loss on investment.
Description of abbreviations shown in chart
R: A resistance point or section where a countermeasure is needed to preserve revenue.
S-L: Stop-Loss point or section
S: A point or section that can be purchased for profit generation as a support point or section
Tezos; Easy Money, Easy Life? | TEZOS ($XTZ)The exchanges love Tezos, Chainlink fans love Tezos, the bulls love Tezos, FA is bullish, and TA is bullish. With staking and transactions up, and with price continuing up too, what choice do we have but to show some love to the XTZ bulls with our own long setup.
Resources: bitcoinexchangeguide.com + www.coindesk.com + bravenewcoin.com
✨ Drop a comment asking for an update, we do NEW setups every day! ✨
Like, Comment & Follow to help the community grow 🎉🎉
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1. Fractal Trend is showing an uptrend (Navy bar color) on the 4 hour timeframe. This is indicative of the long term bullish price action on XTZ.
2. With this strategy, we are looking for long setups in an uptrend and as such want to enter long on retests of bullish order blocks plotted by Orderblock Mapping (Navy line color) and/or bullish S/R levels plotted by Directional Bias (Navy line color).
3. Right now we are looking for a long entry off the S1 S/R flip + orderblock cluster which we expect to act as support if the uptrend is to continue short term.
4. Our stoploss is placed just below that level.
5. Our target is the R1 bearish orderblock formed by the highs of the previous price structure.
The trade here is straightforward, buy the next available support and long until the next notable resistance with a setup that gives us a nice R:R.
Good luck fam!
Is Tezos Ready for a Breakout?Crypto is starting to heat up again and Tezos may be gearing up for a major breakout. It has struggled with the 61.8% Fib retracement level and is also contending with the downward sloping trendline. Pay attention to this one in the coming days/weeks if it manages to clear those two hurdles.
XTZ/USDT (Approaching Key Trendline Resistance)XTZ/USDT
-the price is approaching the trendline resistance again
-technically, we are in a bullish market
-as the price action is above 200ma
-our objective is to look for Long entries
-if we can close above this line resistance
-opening a Buy order is the best position
-upside potential is the key swing top at $4
Tezos (XTZ) - May 19Hello?
Dear Traders, Nice to meet you.
"Like" is a great power for me ("Like" gives me the power to post charts).
By "following" you can always get new information quickly.
Thank you for always supporting.
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The uptrend line (1) and the downtrend line (2) intersect on May 21st.
We need to see if we can get support on the uptrend line (1) today.
You should also see if you can rise above the downtrend line (2).
After May 21st, I think it is important to be able to rise above the 2.7490 point and follow the uptrend line (1).
If it falls below the uptrend line (1), it must be supported at 2.5894.
------------------------------------------------
** Check support, resistance and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee profit or loss on investment.
Description of abbreviations shown in chart
R: A resistance point or section where a response is needed to preserve revenue
S-L: Stop-Loss point or section
S: A point or section where purchase is possible to generate profits as a support point or section
XTZ/USD - distribution and further downward movement.
As long as we are under the key level.
Everything looks more like shorts.
2.40 acts as local support, break-down and fixation will be a signal for sales.
The exit above 2.60 will be a signal to buy.
At 4h we are under the key level.
The EMAs are directed down.
Next level is 1.82$.
Push ❤️ if you think this is a useful idea!
Before to trade my ideas make your own analysis.
Thanks for your support!
Tezos (XTZ) - May 14Hello?
Dear Traders, Nice to meet you.
"Like" is a great power for me.
We will try to reciprocate with better information.
By "following" you can always get new information quickly.
Thank you for always supporting.
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You need to make sure you can climb above the 2.5894 point.
If it falls below the uptrend line (1), we believe that trading is needed to preserve profit and loss.
If it rises following the rise of the BTC, it is expected that near 2.7490 is the maximum ascent.
In May, we marked the date you should be interested in.
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See support, resistance, and abbreviation points.
Support or resistance is based on the closing price on the 1D chart.
Description of abbreviations shown in chart
R: A resistance point or section where a countermeasure is needed to preserve revenue.
S-L: Stop-Loss point or section
S: A point or section where purchase is possible to generate profits as a support point or section