XTZBTC trade ideas
Elliot count on XTZ Hello, traders.
If we count Elliot waves in XTZ we are going to see very clear patterns of its impulsive waves and corrective waves, we believe that the XTZ corrective wave has now ended with the support test at an important support level and we may be heading towards starting another bullish movement for this asset with the waves 1 2 3 4 5.
I know the chart is polluted, but we can see clear patterns in the Elliot count, so push the like button and follow us on tradingview.
Tezos (XTZ) - rejectedTezos tried to exit the falling wedge again and got rejected.
Lets wait and see where next candle closes, if it closes below the line we will see it cointinue in this "channel".
If the next 4hr candle closes above the line we can see it run to the first target.
Although i would be carefull here as RSI is close to the oversold area and the fact that it just got rejected shows us that the bulls dont have enough strenght to break through it.
XTZ - Ready for take off....Weekly chart - XTZ has been under sell pressure for a number of weeks. It's not approaching a weekly OB where I expect buyers to come in strong. It may me before a wick into the block as it's a popular coin and we have a 4H Bullish Divergence on the 4H. You can also see on the weekly the 27EM'A is red providing support.
Enter a small position here and ladder in or set orders within the order 1st block in Blue with a stop under the lower order block in blue.
BINANCE:XTZBTC
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Tezos BTC opportunitiesI have been posting several crypto set ups lately because currently there are many pumps happening across several coins. Great opportunity to increase your BTC value.
Tezos had some strong moves in the last few months and several demand zones have been created, these present decent trading opportunities
xtzbtc 7.3.20Remember when i told you that shakeouts didnt have to be huge price dumps and could be long bleed outs that bore traders out of their positions? That is exactly what is going on right now. There are ways to spot a Composite Operator not only accumulating as cheaply as possible but also selling into any rally to keep the price in check. This can go on for many months
XTZ/BTC Bullish Price ActionThis is a great pair to watch and I'm bullish on both. Smart money & institutional money will likely dive deeper into cryptocurrencies and XTZ is a good choice. Retail adoption will likely dominate Bitcoin, largely due to name recognition and ease of access. Price action is beginning to imply this level of resistance is holding against consolidation.
XTZ/BTCIt is a bit disappointing to see XTZ slightly break down the symmetric triangle which has been formed since listed on Binance. However, the price is actually sitting on the horizontal support which make me think that it can go back up to the triangle before the daily close. This is the bullish scenario which I'm hoping for. And FYI, I take a long here.
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TAKE NOTE ON XTZTezos still don't have bullish sign.
But good timing to secure a long position.
Waiting for big symmetrical triangle up wave with a breakout if possible.
Secured a position at 2860 to ride the next wave.
Worst scenario to cut loss at 3%.
Tezos w/ Amazing "W" Forming!Get ready boys and girl. Tezos is trailing Chainlink and we could see a breakout very shortly.
XTZ/BTC | MoonshotWe look like we formed a bottom and are breaking out, could be all the momentum we needed to blast off ! Expecting some good moves ahead, if you want more updates follow me on twitter @ortiercapital
XTZUSDT Is it waking up?Hi all,
XTZ seems to be waking up after a lazy slumber.
I am looking to play the breakout, that said.
Not financial advice, just a thought :)
Stay safe
XTZ - BTC My AnalysisI am looking short position for Bearish.
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