Unusual Tezos volume on Kraken Zoom out and look at the daily too - highest trading volume for Tezos btc pair on Kraken ever... and the day isn't over. Someone out there with huge bags is selling. Could be a sign that capitulation is near.
XTZBTC trade ideas
XTZ/BTC TA Update (Another Leg Down?)XTZ/BTC
XTZ is on a strong or deep pullback and already testing the golden Fib 0.618 level. The RSI hasn't hit the oversold condition yet and we are still seeing increased in sell volume indicating that there could still be another leg down before a strong move to the upside. If XTZ can close the price above 1700 then there is potential that this trend is ready to move up again. Otherwise, we could experience more downward action below 1500 - 1300 regions.
Tezos - through April 2020Tezos should retest its Binance btc pair high by early 2nd quarter 2020. Things could get silly once that top is broken.
XTZ bounce expectedXTZ has reached a major support level of 1700 sats and the VPVR also shows considerable buying interest at these levels.
We can also see that on the 4 hour time frame the RSI is slowly reversing even though the price is going down which is hinting at a reversal.
This can be corroborated with the Accumulation/Distribution indicator which shows positive signs of accumulation.
Note. This is not financial advise. Please do your own research
Tezos XTZ Elliott Wave (5)I consider Tezos now to be in a lower wave(5) so expect strong gains as well as staked money interest!
$XTZ $BTC - TEZOS GIANT CUP & HANDLE! I hope you like TEA Boys! I hope you are thirsty for some tea fellas. I expect some huge bullish movement between now and February for $ALTS. #TEZOS whales are shaking out the weak hands painting a giant Cup & Handle. This is a bullish pattern going into Q1, 2020.
Look for my target on the chart. KRAKEN:XTZXBT
Cheers and happy trading!
Guess Tezos was a massive pump and dump after allJust as we wrote in our blog at the peak on December 13th.
XTZ idea This my investment idea on XTZ.
My entry point was 1873 Sats, 2,5 BTC.
Once more, who knows to where this coin can go.
My target is on my very noob chart, sorry for that, i ll be updating this investment.
Cheers.
XTZ ANALYSISXTZ
XTZ has had a significant run lately, and is now seeing the retrace. XTZ is currently inside of a small falling wedge and should break out for a relief rally after hitting the yellow temporary support zone. I expect the relief to bring XTZ back close to 21000 sats. From here, I expect another wave down, bringing XTZ all the way down to MAJOR support at 14500 sats. This is the prime entry zone. Stoch is way oversold and RSI is creeping on oversold territory. I expect the small relief to cool off sellers before the next wave down. I would NOT recommend buying now. Wait for the drop back into green buy in. When target zone is reached, I will update take profit targets!
Possible Entries: 14500 sats
We PREDICTED XTZ/BTC PerfectlyThis was an example of a perfect trade executed on the XTZ/BTC chart. Those who followed our signal are now over 16% in profit, and that's without counting LEVERAGE first. We believe Tezos will continue to move inside the compression range, i.e. the turquoise Bollinger Band. Further downside is to be expected, and if you have shorts opened, do not close the ENTIRE position at the 50 daily moving average.
Many signals providers supply you with multiple signals daily. They prefer quantity over quality, and in consequence usually a big portion of the signals fail. They get you to build a house of cards; small profit after small profit after small profit. Not only is that time consuming without a trading bot, but also the other way around. You should strive towards small loss, small loss and then BIG win. At MeowSignals, we pick quality over quantity. One successful signal is big enough to cover ten losses and keep you going for weeks. We don't know when, we don't know the chart, we don't know how often. But hang around, because they DO come. Cheers.
Commodity Channel Index, custom volatility indicators and Bollinger Bands and their derivatives were used in the technical analysis. This is not a financial advice and you agree to take 100% responsibility.
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XTZ trying to bounceVolume here shows that interest coming back, with indicators swinging up from oversold area, but yet that chart is very bearish. Better wait for some reversal confirmation (like higher low swing) before considering entering that coin.
XTZ LONG bounce from kijunI shorted XTZ from 2400 and now we are near 1d kijun. So, I am going to long this bounce with tight stops (close 1d bar under kijun).
Wave 4-5...So we recently had an attempt to catch the wave 4-5 on this and were stopped out losing 1-2% but my stance has not changed I'm confident this is a wave 4 down and we will see another move up completing wave 5, I have supports marked...the lower one will invalidate the entire bullish count up and the first one is what we assume for now is the low of wave 4 and we're somewhat in a wave 5 up.
TEZOS WATCH (visual demo only)Market may be making some big moves, it is at a point where it usually bounces off the 200 EMA line on the 105 view.
If market bounces off at usually spot, I am not convinced any bounce here will be significant to the upside due to channel formation that should eventually break to the downside in my opinion.
Also a double top formation is another possible prep for a reversal.
Market is new to platforms and typically when an altcoin comes into market and generally heads up, it tends to eventually break down and often to make new lows in comparison to the beginning of it's market cycle.
Watch market closely, if you're in Tezos buy, consider your exit and/or sell entries.
Channel formation best view 12hours.
Best to observe 200 EMA on 105 view to observe market bounce off from this.
Other EMAs in use are 50 and 100.
All ideas are for informative purposes only, trade at your own risk.
MeowSignals - XTZ/BTC Free Trade CallEntry: 2199 sat
Stop loss: 2302 sat
Take Profit: 1705 sat (t
Expected Call Duration: 3-7 days
Call strength: medium-high
Call risk: low
Brief Summary: Volatility Periods are over-expanded. Large and almost unrealistic amount of force would be needed to resume the trend. Correction is inbound. Take profits at the daily 50 MA, or at the 0.5 Fibonnaci Retracement. Stop losses must be set above the 1st standard deviation of the 4H 200 MA Bollinger Band.
Commodity Channel Index, custom volatility indicators and Bollinger Bands and their derivatives were used in the technical analysis. This is not a financial advice and you agree to take 100% responsibility.
Follow @MeowSignals for more insights! Also make sure to visit our...
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Website: (coming soon)
XTZ LONG$XTZ
Nearing the 0.382 retracement level, should see a bounce here. Safer level to long from would be closer to the 0.5/POC.
