XTZUSDT
XTZ 1D - Rising WedgeBest target is 0.23 FIB retracement if breakdown occurs.
I've put in Pink SPX price which is going very similar those days.
Possible Inverse Head and Shoulders on XTZTezos has been my favourite altcoin to hold all 2020. As displayed on the chart, we can see a possible inverse head and shoulders. Pretty possible that we see it blast off straight from here as Bitcoin looks strong enough to go for 7300-7350. But right now it doesn't feel attractive taking a long position, so I will wait if this opportunity presents itself.
XTZUSD: Second test of resistance Tezos is doing great, bounced off support (missed my bids on a couple of dollars) and goes to resistance to test it in the second time.
Don't plan to short this ride now, because I think it could go higher - to $2.4 for example, where I'd prefer to short, but watching closely on the price.
Mid-term I think it's more profitable to buy pullbacks.
Hit the "LIKE" button and follow to support, thank you.
Information is just for educational purposes, never financial advice. Always do your own research.
XTZ Nearing SupportXTZ on the daily chart looks to be nearing support inside of the ascending wedge. Usually these eventually turn bearish, so keep a tight stop loss at the bottom support line of the wedge. If this pattern eventually breaks to the upside, and holds above the support line shown around $2.53, we would see immense buying pressure to new highs in my opinion. I am not a financial advisor, and trade this at your own discretion. This is just an idea. Good luck!
XTZUSD: Scalp long at $2.04Planning to buy XTZ for a quick scalp trade slightly below red line, at $2.04-$2. As you can see it was rejected at resistance and now testing support, I'm hoping a wick down will fill my bids.
I'm targeting lower prices for my bids because BTC doesn't look great now (to return bullish bias it needs to back above $6900).
Hit the "LIKE" button and follow to support, thank you.
Information is just for educational purposes, never financial advice. Always do your own research.
XTZ/USDT - Buy on dynamic support retest.Buy on dynamic support retest.
Level 1.86 is a reinforced concrete support.
smaller timeframes in bullish trend.
Trendy support is sloping and acts as a break point in the bulls' mood.
In the daily timeframe you can see that the desire to grow is more than falling:
XTZ / USD — Sideways after breakoutHey guys!
Look at XTZUSDT price action, few days ago it broke downtrend.
Now stucked in sideways after breakout, hoping this is re-accumulation before up move to 2.5 target.
You can watch my video explanation about it's move:
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Tezos (XTZ) - April 18Hello?
Dear Traders, Nice to meet you.
You must get support at point 2.0706.
If you fall from the 2.0706 point, I think you need trading to preserve your profits or losses.
On April 23rd, we need to see if we can climb from 2.0706 to 2.4614 or higher.
If it doesn't rise until April 23, there is a chance that it will turn into a downward trend.
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It's time to focus on selling rather than buying to preserve profits.
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Description of abbreviations shown in chart
R: Resistance point or section, where a counter 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
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Tezos Bullish ViewBullish view for Tezos
1H chart
Fib spirals showing areas of potential support and resistance, showing bottom and tops
Positive volume trend
Falling wedge can be observed and is a bullish continuation pattern in this case
My other chart for Tezos, as you can see there is a rising wedge, a bearish pattern. Which pattern will be dominant?
On the daily chart a fib spiral has provided a nice support, 'supporting' this bullish view.
XTZ - Future is nowThe breaking is coming very soon!
Are you short or long. I'm 50,1% short in middle term with a retest and confirmation of 1$ bottom.
Share your POV