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XTZBTC trade ideas

Tezos Exhibiting Signs of Bullish ContinuationTezos (XTZ), currently listed as the #10 cryptocurrency by market capitalization hasn't had as bad of a year as other altcoins. Between October 2019 and February 2020, XTZ endured a mini bull run, increasing the value of its token nearly 360%. Presently, XTZ is exhibiting signs of continued consolidation. Let's go ahead and take a look at the XTZ/BTC pair. Tezos Compression Above is the weekly chart of XTZ. Here, I highlight the importance of how price is reacting off of support. That support, was previously 16 month resistance. That's a pretty bullish sign if bulls can hold this level. Expectation is for continued consolidation. Could XTZ just rip to new highs immediately? Sure it can. However, the nature in which price is slowly retesting both support followed by resistance favors more consolidation. Notice how the Bollinger bands are slowly coming back into price (see above). Super bullish if this continues to compress. A possible result of the compression could be a symmetrical triangle (see below). Completion of this pattern would be approximately end of July 2020. Sign of Possible Altcoin Season Could we have a new leading indicator for altcoin season? Could it be Tezos? I'll be reviewing these questions in upcoming posts. In the interim, keep an eye on the XTZ chart as it does present an additional 2x upside vs BTC. Until next time. Happy trading!
Long
by DailyClose
XTCBTC beautiful H&S short-longWell that might sound a bit of a contradiction by short to long what I meant was: TP1 = 1st green horizontal; short, 2nd long: red is stop for both. So basic law of averages leaves me with no choice but to keep it neutral. If you guys want my personal opinion — take the long approach . I ALWAYS read the white papers of every coin/token ever invested in even if it was a quick flip. Boggles my mind how people don’t do that I know and I guess I could be one of those unique individuals (and not in the good sense — just weird) But at the end of the day the way I look at it: you wouldn’t purchase a produ ct or service w/o knowing what it was so why swing trade coins and tokens when you don’t know what they do? Fundamentals and indicators aside — This is and always has been an extremely volatile market so Maximizing every step of the way to mitigate risk is the only way to guarantee a steady stream of profits in the crypto game where the house is rigged to win. I don’t know how many times I say and I know it sounds pompous but God I am a beast... And I’m not gonna say I’m lucky because I worked my ass off and sacrificed every relationship my life every friendship in my marriage to be a great developer a great day and a better trader than anyone right now that I have met personally anyway. If you think that’s an arrogant & bold statement; it may be, but ask yourself who else In your life do you know sleeps for 3-4 hours every night in a seven-year straight academic binge with an eidetic memory? You know the saying about nature first nurture well my brothers trauma surgeon first in his class at Princeton and I’m an MIT dropout. It’s about 50-50 (nature vs nurture) and In that respect I will say I’m blessed to have the genetics to be able to work half as hard as most ppl and do twice as good Or learn twice as much rather. This might be the most uncomfortable publication I’ve ever made given the fact that this bad taste in my mouth won’t go away as I have never made such a typical stereotype of a millennial arrogance on crack to the point where it’s just so cliché and boring but you know what? DGAF. What do you say when you’re as nasty as I am? I went on my Twitter rampage today and I want you guys to check it out by rampage I mean I was flexing hard partially because I woke up in a really bad mood and not put me in a bad mood is seeing the same thing that I saw back in 2014 same thing that I saw back in 2017 in the same thing I’m seeing now which is when blue whales become orcas and predators on minnows with shills and pushing affiliates, brands and just overall greedy opportunism. I snapped. At the end of the day I’m not gonna pay for promotion and the people are always going to have a father to me because I’m not in the visual but guess what you’ll be lucky to be following me because I’ll make you a shit load of money as I have over the years with much other people and I believe the term is “diamond in the rough” And this right here is a gift so you’re welcome. When I get a publication wrong then you can give me hell but now analytics reveal a staggering 128/130 accuracy of publications posted including 15% stocks/wallst/commodites. Needles to say: right now I'm not getting NEARLY the recognition and engagements I deserve. Don’t get it twisted I don’t want your followers I want you guys to read so you guys can learn so you guys can make money and grow; something called selflessness. That might be a foreign concept in your world, but not mine. So with that being said you’re welcome good night and word of advise...there’s no point in chasing publications new traders out there Do me one favor and don’t pay any fucking loser that’s pretending to be a trader for their services. Told you this was the greatest altseason of 2020 thus far and a Rising tide lifts all boats so what the hell is the point of making publications and then posting about being right when everyone is right? It’s no different than people claiming individuals on Twitter when all they want is a like/follow/retweet— no. That’s not what I did last night was for that. That was make an anonymous GENEROUS donation for a substantial amount to IRC/ST. JUDE'S/UNICEF. So keep your clout & don’t follow me, don’t like me; but you will respect me. Because I am better than you and anyone you know and I will challenge you to find somebody better. Rant over. C'est La vie. @a1mtarabichi OUR DOOM TO BLOOM "Shine, perishing republic" robinson jeffers Cumaean Sibyl, charming Ogress, What are the simple facts of Progress That I may trade on with reliance In consultation with my clients? The Sibyl said, "Go back to Rome 5 And tell your clientele at home That if it's not a mere illusion All there is to it is diffusion— Of coats, oats, votes, to all mankind. In the Surviving Book we find 10 That liberal, or conservative, The state's one function is to give. The bud must bloom till blowsy blown Its petals loosen and are strown; And that's a fate it can't evade 15 Unless 'twould rather wilt than fade." - Robert Frost. Published on mobile -- edited on web client sorry if chart came out distorted; check comment for re-posted intended/accurate chart Green lines represent TP 1-2 Timeframe: Mid-Long Volatility: high asf Risk/Reward: 45/55 Disclaimer Note: This is strictly conjecture based on my own technical analysis and not any information based on any sources from the GOP Or federal government/treasury dept / ay institution of any form this example is for educational purposes only and should not be relied upon for any other use. Please invest responsibly and make all decisions based on your head; not your gut. Any projections or figures provided in this analysis are Forward-looking statements And have no basis Other than my own opinion and not information related to the GOP , SEC or wall sf in general. Just the wiz doing what he always did best — Disclaimer must be extended and extensive So forgive me as I need to truly emphasize None of the information obtained in conducting this analysis was provided by insider trading in anyway shape or form. Certain information set forth in this presentation contains “forward-looking information”, including “future oriented financial information” and “financial outlook”, under applicable securities laws (collectively referred to herein as forward-looking statements). Except for statements of historical fact, information contained herein constitutes forward-looking statements and includes, but is not limited to, the (i) projected financial performance of the Company; (ii) completion of, and the use of proceeds from, the sale of the shares being offered hereunder; ( iii ) the expected development of the Company’s business, projects and joint ventures; (iv) execution of the Company’s vision and growth strategy, including with respect to future M&A activity and global growth; (v) sources and availability of third-party financing for the Company’s projects; ( vi ) completion of the Company’s projects that are currently underway, in development or otherwise under consideration; ( vi ) renewal of the Company’s current customer, supplier and other material agreements; and ( vii ) future liquidity, working capital, and capital requirements. Forward-looking statements are provided to allow potential investors the opportunity to understand management’s beliefs and opinions in respect of the future so that they may use such beliefs and opinions as one factor in evaluating an investment. These statements are not guarantees of future performance and undue reliance should not be placed on them. Such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause actual performance and financial results in future periods to differ materially from any projections of future performance or result expressed or implied by such forward-looking statements.
by a1mtarabichi