XTZ at lows - time to buy?There is a lot of potential here as we are near all time low supports, ranging around the ~$1.3 mark. I have outlined the zones in the chart.
The red zone is where there will be a lot of resistance.
Green is the buying zone, and expect volatility here.
The black trendlines are old support lines coming from many years back. It's currently struggling to keep above the lowest line. Once it breaks this going up, it should be face resistance at the other two trendlines.
Is it a good time to buy? Maybe not with your whole bag because BTC crashes are still looming around and it's not showing a lot of bullish strength.
To play it safe, it would be best to buy it when it drops down to around ~1.3 , or if BTC goes past 35.5k.
Otherwise, let's just play it safe and manage your own risk. Leave a comment with your analysis.
XTZUSDT
Tezos Snaps back, adds 10% but will #XTZ clear $2?Past Performance of Tezos
XTZ prices are printing higher at spot rates, adding 10 percent in the previous trading day. Like the rest of the crypto markets, the coin appears to be finding its footing after deep, double-digit losses of the past trading week. Overall, sellers are still in control though the tide could change in the immediate term if XTZ prices are sustained above this week's lows.
#Tezos Technical Analysis
Tezos bears have been brutal in the past few trading days. As per the arrangement in the daily chart, sellers are still in control. However, the recovery on May 13, reversing the losses of May 12, may signal exhausted bears. Nonetheless, it should be observed that since XTZ prices are within a bear breakout formation below H2 2021 lows at $2, sellers have the upper hand. Optimistic buyers expecting recovery can wait until there is a comprehensive close above $2 before loading on every pullback lower. Conversely, it would be dashing if XTZ slips below $1.4. In that case, there will be confirmation of the May 9 bear breakout, setting the pace for further losses towards $1, registering new 2022 lows.
What to Expect from #XTZ?
Tezos is within a bear breakout formation as per the formation in the daily chart. The reaction at $2 would confirm whether the bear run is over or the current trend will continue.
Resistance level to watch out for: $2
Support level to watch out for: $1.4
Disclaimer: Opinions expressed are not investment advice. Do your research.
XTZUSD Comfortable UptrendConsistent higher lows can be seen on the left chart (coinbase)
Each one of these lows provides a unique support level
The uptrend isn't going anywhere
On the right I demonstrate how price is above a confirmed support level
This will lead to a bounce and return upwards
Bullish
XTZ Daily Review & 2 Possible StoriesXTZ at Daily chart is at very important place named " Liquidity Base "
thats the last base of compression
if it engulf this base we have sell story :)
our confirmation is william PR indicator and Cp moves up and strong weekly Supply above that works perfectly
but it can provides a good buy even it engulf the LqBase
helped by priceaction and RTM & ICT METHODS & ORDERFLOW & SMARTMONEY CONCEPT
sincerely BEARBOURSE
XTZ (TEZOS) UPDATETwo scenario here... after breaking out of the falling wedge price retested and couldn't continue the bull run hence, breakdown, which turns to a descending triangle.
Right now there's no sign of reversal as volume is absent in the market and price could possibly poke out to touch the weekly support trendline.
Hold while we keep watch and update you on the next move.
XTZ | Tezos Clear Bearish TendenciesXTZ has been correcting from its ATH since October 2021. It is like a textbook correction with typical bear market rallies. Tezos is now trading around its main historical support trendline. If XTZ breaks below that, I think we will head towards $2-2.2.
However, given the current level and historical upside impetus from the main support trendline that you can see on the weekly timeframe, another rally is also on the horizon. A break out of the falling wedge would be a first bullish sign. The daily chart would turn bullish once XTZ can again scale above any of the higher dashed white trend lines that acted as resistance in the past.
Considering the volume profile, I tend to lean towards the bearish side on the macro picture.
Let's see how that plays out.
Thank you for your support.
XTZ triangle breakout 📐Tezos broke up this triangle📐 and I think there is chance for run to 5 and even higher. Setting BUY LIMIT order to previous range high to catch🎣 the pullback.
ENTRY : local high @ 3.242
STOPLOSS (SL) : local low @ 2.857
TARGET (TP) : height of the triangle projected from midpoint of the local range (BUY LIMIT - STOPLOSS) @ 5.080
REWARD RISK RATIO (RRR) : 4.7
INVALIDATION : when SL level hit
Check my other stuff in related ideas.
Please like👍, comment🗣️, follow me✒️, enjoy📺!
⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
$XTZUSD - Following this scenarioHello everyone!
Tezos is inside this triangle pattern, There is a high chance that XTZUSD will drop to 2.65 - 2.56 areas and bounce back to 3.79.
XTZ broadening wedge#XTZ/USDT
$XTZ is inside weekly broadening wedge pattern, and price is near lower line.
🐮 holding the lower line of wedge that is the same with support zone, will increase price to resistance around $4 and break out from this resistance will head up price toward resistance of 0.5 fib level that is the same with ascending trend line.
break out from ascending trend line in long term will increase price to upper line of wedge that is the same with 1.414 and 1.618 fib levels.
🐻 break down from lower line of wedge will drop price to support around $1.5.
#XTZUSDT Ready for 250% Rally. Trade Setup Here.
Welcome to this Trade Setup on XTZ.
If you are reading my updates for the first time, make sure you follow me if you want the most complex charts
Explained in the most simplified manner.
I also post margin and futures trade setups.
Now, let’s get to the chart.
XTZ is currently trading at around $3.40.
As per fractals, every time XTZ hits the lower support trendline we have seen 8 to 12 weeks of the bullish rally in XTZ.
Besides, it's trading above the important MAs and multiple indicators are showing signs of bullishness.
So this will be my trade plan:-
ENTRY:- Accumulate between $2.5 to $3.4 (On spot)
For leverage :- $2.82 to $3.27
TARGETS:-
$4.67
$5.33
$6.82
$7.21
$8.55
$9.76
Stop Loss:- $2.39
The chart looks promising and can pump almost 250% in 2 to 3 months.
Just keep in mind if you are planning to trade with leverage, make sure you enter on the correction.
Please do your own research before taking this trade.
This is not financial advice.
Also, let me know What you think of this trade?
Do share your views in the comment section and do not forget to hit the like button.
Thank you
#PEACE
Tezos XTZ The DirectionSolid Project to get into this drop of the market. Has potential long term ( as you can see I didn't use the Log chart).
It hit it's long term support line, might have another bounce.
I got into 3$ with a target of 4.05$ as a rebound.
Also can drop to 2.75$ or even lower, where I will buy more : 2.50$ - 2$
If BTC moves again higher than 46.5k till 49k, might see higher TP for XTZ.
Have a nice day )
TEZOS on TrendLinesGiven our long-term uptrend line, we expect price support again. This area is a good place to enter if this area is well supported and trend lines are not broken. If this range is not maintained and the support of the trend line is lost, we will see more decline. We specified the next moves in the chart according to the trend line scenarios.
Its not Buy or Sell SIGNAL
DYOR
BY : Mohamad Teriz - @AtonicShark
Idée de trade XTZ analyse avec Ichimoku$xtz
La lagging span à enfin cassé à la hausse.
Nous sommes entrain de travailler la SSB avec la LS (voir si elle fait son rôle de support) la tenkan n'est pas loin ET nous sommes sur la MM7. BON POINT D Entré.
#Cryptos #trading #ichimoku #Bitcoin #btc #cryptocurrency #xtz
Back in tezos from USD after call signalToday gives a buy signal on Tezos after the sell at $6 and a few DCA signals on run down. With the recent network upgrade and the bullish sentiment in the market at the moment this is a good opportunity to get back in after exiting the position previously at the $6 range. It is worth noting though that the bitcoin and Ethereum pairings still favour being in those rather than Tezos at this point in time. If however you are only interested in the USD pairing then this by signal is a good one.
The risk is in the high range and the price is already 14% from the base but with the strength in the current market conditions I would place more value on the buy signal and maybe adjust position size with some percentage of caution based on the those.
XTZ Daily chart potential to breakoutTezos played well in this recent period of time and its almost broke the major resistance of 4$ , however it looks after Bitcoin to moving on like rest of the crypto market .
If tezos close daily candle above 4.05 resistant , it will reach 4.50 and probably goes to 4.80 for the second run .
XTZ LONG :
entry: 4.08
Tp 1: 4.48
Tp 2: 4.74
Tp 3: 5.120
Sl:3.85
Its not a financial advice ,DYOR
I would love to hear your ideas about TEZOS