XTZ: A correction is definitely needed to meet further new highsIt looks that Tezos is not going to stop, as its rate today has increased by more than 10% in correlation to the main cryptocurrency. Taking into account the technical analysis, the asset is definitely overbought, which confirms the RSI indicator.
Moreover, the XABCD pattern shows an upcoming correction and a roll back to the 18k satoshi level. Thus, the break of the 20k satoshi zone will confirm the formation of bearish movements.
XTZBTC trade ideas
$XTZ Tezos went up over 60% (UCTS buy signal) in about 12days...$XTZ Tezos went up over 60% (UCTS buy signal) in about 12days.
Current picture is looking in a vertical trend w RSI at overbought lvls that will be hard to sustain...
If it failts to hodl, I expect a retrace to 0.5/.618 fib levels (green boxes) for a potential bounce/reentry
TEZOS looking primed!!!
Tezos continues to form a nice consolidation bottom here right on top of support
We can see that volume seems to be returning over the past week or two, which could be signaling a potential move coming
We did see a move of about 20% previous as XTZ moved right into the demand zone above before pulling all the way back
We do have an event in April where Tezos will be present but until then there doesn't seem to be much in the cards catalyst wise
We could very well get another go at those local highs and even make a run for target 3 on a potential Binance listing (just a guess)
Thanks guys!
Tezos short term 50% to 100% tradeLooks oversold what RSI clearly indicates, it will bounce sooner than later.
[XTZBTC] Tezos Early Opportunity [260%+ PP]Tezos (XTZBTC) is now trading at its lowest price since inception. This is a project with huge potential which had one of the biggest ICOs ever.
I am looking at it on HitBTC, since the chart is too young on BitFinex / Kraken (Trading View) .I will be describing a weekly chart:
Tezos shredded all gains and went back to Oct/Nov. low price.
This is an “early bird” call.
This token/coin is very likely to be added to Binance for trading.
Strong project, good long term potential.
Tezos (XTZBTC) by Alan Masters Trades
Buy in: Up to 0.000212
Targets for XTZBTC by Alan Masters:
(1) 0.000247
(2) 0.000267
(3) 0.000317
(4) 0.000357
Stop loss: Close daily below 0.000178.
Capital allocation: <10%.
YOU HAVE COURAGE WITHIN YOU
You have courage within you and much more.
You have everything you need always.
Remember that.
Namaste.
$XTZ is looking pretty bearish. Short term target 0.00016 BTCThere was a quick pump when $XTZ got listed on bitfinex but there seems to be a lot of dumping going on. If $BTC starts to move up $XTZ will continue to slide. People try to point out that it is up 3 times the ICO price (.47) cents but the majority of the "donations" where in $BTC. The current price is 0.00019880 and the ICO price was 0.00020880 which means you would have been better off just holding your BTC. The delays killed any momentum $XTZ would have gained. I think around $1 or 0.00016 will be an entry point for new investors.
We can finally do some advanced charting on Tezos!!I've been waiting for an exchange to list $XTZ so I can do some trend analysis. Unfortunately there is not enough history on Bitfinex to create anything meaningful. I only consider the betanet when trying to chart out a price so the $11 high on HitBTC should not be table into consideration. The first exchange to trade was gate.io and it came out between $4-$3 dollars. IT quickly fell to a little over $1 and has been trading sideways since. I think a breakout would need to be over $2 to see any real momentum.