XTZBTC trade ideas
FIMATHE XTZBTC LONG MACRO ANALYSISIn that analysis, I will use Fimathe that provides a whole new way to see the market trends and "predict" futures supports and resistances.
I quoted "predict" in view of the fact that we can never be a hundred percent sure of the market's future although we may have a good idea to where it goes.
If the price cross up the RC(Reference Channel) resistance, the main long trend is confirmed and tend to reach the next projections(Projections are made from the 100%(Green Lines) and 50%(Purple Lines) levels of the main channel) willing to reach at least one expansion before consolidates and uncertainty takes the market again.
If the price goes all the way down to the NZ(Neutral Zone) support and crosses down, the main trend turns bearish and tends to the 50% level of the expansion.
You must eliminate the risk, putting your stop in break-even when the price crosses up the Yellow Line. This information is calculated from the expansion of a channel subcycle. It's deeper content, so I'm going to write an article about it and post here.
XTZBTC Time to offload Tezos?XTZBTC is printing the same top formation almost that it did in July 16/17. That was after a Golden Cross on the 4H chart. See how the current MACD and RSI patterns are identical and are on their top formations.
Time to offload XTZ and buy much lower? What do you think?
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Most recent XTZ idea:
UPDATE: XTZBTC now 53% from our entry. All targets filledXTZBTC Has now hit our 3rd target and 53% profit is booked. Hope you guys enjoyed.
XTZBTC still is promising and can head easily to new all time highs.
If any big candlestick close above the red zone we are further bullish for XTZBTC.
For now, enjoy with good profit
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XTZBTC Are we Ready for the next up move? Hello everyone:
Looking at XTZBTC for the mid term approach.
Overall we see price has been consolidating here for quite some times now.
The larger this continuation correction develops into, the higher probability chance that this move can happen.
Now we see price is at the top of this structure now.
IF we get some sort of correction here, or a confirmed breakout followed by a lower time frame correction, then the buy move is very likely to happen.
Be patient and wait for the market to develop its price action.
Thank you
XTZ.BTC (Y20.P3.E3).TA on the Macro StructureHi All,
~~ This is a continuation of the previous post, link below ~~
Today, after a bullish div move, we have Tezos on its way up (BTC pairing).
Observation:
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> Macro structure as you see is in the complex correction wave with a descending top declining flat bottom 3 to 4 wave.
> Within this section we observe 2 resistance levels a) resistance trend slope and b) yellow bar, key fib resistance level (0.382)
> I have marked the descending top declining structure with E having a strong bounce
> We have on the Daily bullish MACD, WT and Phoeix indicators
> We have most of the daily EMA as beneath the price action
My thoughts:
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Buy in now > to much going for it
When to enter, look at the smaller time frames.
Buy on the bounce areas but also risk missing the retest of the resistance level.
Fib level structure
Indicators confirm > cross over
EMA > 21, 34, 50 and 100 all now under the price
Please give me a like or tick for this helpful post
Cheers,
S.Sari
MY PREVIOUS POST > I should have guessed in will be another triangle structure
XTZ/BTC - TEZOS - is in a VERY BULLISH TRIANGLE!XTZ/BTC - TEZOS - is in a VERY BULLISH TRIANGLE!
Enter in the green area. If price action falls to the bottom of the triangle, that would be agreat entry.
BTC needs to behave! Keep an eye on Bitcoin and Bitcoin Dominance!
Trade safe my friends....
BINANCE:XTZBTC
XTZ/BTC (Strong Key Support)XTZ/BTC
-Tezos confirms the previous key support at still valid today
-The price manages to recover from its drop recently
-It is now approaching the trendline resistance
-This is very crucial if XTZ can break outside this triangle pattern
-If you are looking to buy a position, I recommend waiting for the breakout
-Because this will give a strong bias that the trend is ready to reverse
-Since there is no logical resistance, Fib reverse extension is used
-Target is up to .618 reverse Fib which is located at around 5100 sat range
XTZBTC ANALYZE XTZ MAKE 3 ELLIOT waves completely but failed in last waves inside circle when wave 3 touch and break wave 1 Chanel price .
so now if any one want to trading always purchase from lower red line and make stop lost 10% under lower red line .
about me i didn't trading in non clear road also XTZ terminate last Elliott WAVE INSIDE circle . so maybe break down or continue inside Chanel .
GOOD luck for all