XTZBTC trade ideas
XTZBTC Fractal| .618 Fibonacci| Trend Line| Volume Profile Evening Traders,
Today’s Analysis – XTZBTC – a highly probable fractal at play, the .618 Fibonacci coinciding with the overall trend line perfectly.
Points to consider,
- Trend Bullish
- Impulse move from .618 Fibonacci
- RSI neutral
- Stochastics in upper regions
- Similar volume profile
XTZ’s trend is bullish with consecutive established higher highs, respecting the trend line to a T.
The .618 Fibonacci has held true twice with confluence from the trend line, leading to two impulse moves.
RSI is currently neutral, similar to the previous test of the trend; this goes the same with the stochastics, trading in the upper regions (momentum is up).
The volume profile looks similar in shape, a declining and tapering off as price magnets to the trend line.
Overall, in my opinion, this is a highly probable fractal at play with a retest of the trend line being the confirmation. It is an easy manageable trade where invalidation will come quickly, that is when the trend line breaks.
What are your thoughts?
Please leave a like and comment,
And remember,
“People who look for easy money invariable pay for the privilege of proving conclusively that it cannot be found on this earth.” - Jesse Livermore
Ohh look we are longing XTZ AGAIN THe shitcoin of the yearPreviusly on XTZ/USD
Noooo Cido we will not dump here at 4$ wtf is wrong with u?
welll i cna tell u now that u can dump ur XTZ for BTC when it pumps a bit...
BUT DONT BE GREEDY
This will probably result in friking dump like u have seen on EVERY SINGLE OTHER SHITCOIN
Dont test me!
We might hit even the green line but trust me we will dump HARD!
Tezos Prepares For Round 3 (Chart Analysis W/ Targets)Tezos (XTZBTC) is looking great after the retrace, prices are now moving back above EMA50 and EMA10.
The MACD is showing a bullish crossover with the histogram going green.
The RSI also looks good and can easily boom higher.
Here Tezos can jump, but if prices move lower and break our 'SUPPORT', then another drop comes.
Even if prices drop, we remain bullish after and expect a strong bounce.
Thanks a lot for reading.
Namaste.
XTZ/BTC - the level has been under pressure for 19 days.the level has been under pressure for 19 days.
and a lot of traders are climbing into shorts.
Against the background of the decreasing dominance of bitcoins, I look more up from the current ones.
For a safer trade, you can enter after breaking lines (shown on the chart).
Friends, thanks for your likes and comments!
Good luck with trading!
Tezos Could Increase By More Than 30%!The XTZ price is currently trading inside a strong support area found at 25,000 satoshis. This is the previous breakout level, the movement above which in the beginning of February eventually led to the all-time high price of 40,530 satoshis on Feb. 21.
The price has created a descending wedge, out of which it is in the process of breaking out. I think the price will break out for several reasons:
Creation of a bullish reversal pattern inside a significant support area
Bullish divergence in the RSI
Possible RSI movement above 50
Target 1: 28,500 satoshis
Target 2: 33,500 satoshis
Stop loss: 24,000 satoshis
Please leave a Like and comment if you enjoyed the analysis.
xtzbtc to Uptrend to continue 100-170% targetHello friend,
I gonna make this really short, as we all know xtz has been holding well against BTC these days and its trading within ASCENDING BROADENING WEDGE.
Presently price hitting bottom level of the wedge, with potential falling wedge in place.
The whole idea will be to accumulate towards the bottom level of this wedge with the mind set of price to resume for potential last wave of the cycle (wave 5) before major correction will start.
Follow the accumulation zone shown on the chart to place your orders.
Kindly go through the chart and do leave us your comments to let us know how you feel about our view,
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XTZ/BTC - wait-and-see attitude the level has been under pressure for 19 days.
and a lot of traders are climbing into shorts.
For a safer trade, you can enter after breaking lines (shown on the chart).
the bottom line: waiting position for the shorts.
Friends, thanks for your likes and comments!
Good luck with trading!