XTZBULLUSD trade ideas
XTZUSD - VERY BULLISH FORMATION - ANOTHER UNDERVALUE GEM 17/3/21XTZUSD
There is textbook trendline support clearly after the recent dump. Forming a very beautiful symmetrical triangle on daily.
Reasons to be bullish:
1) RSI is above 50 on daily
2) MACD flipped green on 4 hours TF and soon daily will flip green
3) Above 20MA daily and all MA
4) Forming a textbook symmetrical triangle and get support at the bullish trendline
5) Price exactly find support at 0.618 fib area at USD 3.12
Recommended entry : USD 3.8- USD 4.15 , if daily closed below USD 3.65, this analysis is invalidated. However, the price formation is very bullish, forming all the text book bullish scenario. Breaking the symmetrical triangle will bring XTZ to a higher levels.
Safer trade can be done is to wait for daily to close above the resistance trend line and enter at the resistance trend line (where it will flip at support).
Recommended Targets : USD 6.6 (1.382 fib) and USD 7.3 (1.618 fib)
Current price USD 4.1
Crypto Market & XTZUSD Technical Analysis & Predictions 3/17/21*DISCLAIMER: I am not a financial advisor and this is not financial advice or a recommendation to buy or sell as these are purely my opinions and speculations. I may also own or trade any of the symbols and cryptocurrencies mentioned in this video so do not make your trading or investing decisions based on this video. I do not guarantee any results nor am I responsible for your actions. You should always do your own due diligence before trading or investing in this market as it is extremely risky. Affiliate links are also included in this same video description section here and if you decide to support me by using any of them, I may receive a referral bonus or commission.
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Tezos: Good Things ComingTezos (XTZ/USD) is looking pretty damn good I must say. I've been tracking it for a few days now, observing its reaction to BTC's bearish price action and I've come to the conclusion that it warrants serious attention. There's plenty of impulse wave scalping action inside the symmetrical triangle, and the whole thing is just bottling up and waiting to explode. Don't miss out on grabbing some juicy gains when it does! Let's just hope BTC doesn't spoil the party.
*This is not financial advice; trade at your own risk. Utilize a stop-loss to mitigate that risk.
If you have patience and you like big wins and big money, follow me. I track all 37 USD-paired cryptocurrencies on Coinbase and regularly seek out the most potentially lucrative swing trades for you. All my charts are clean, straightforward, and easy-to-follow. My sell zones are conservative, but that's because I believe in exiting while still holding the fat money bags! The more intrepid traders can let the winners run a bit longer if they choose. Good luck and safe trading to all!
Paul (Jalapablo)
XTZ ABCD Pattern Closes w/ Inside Bar Bear Break10% gains if you got in at A as recommended!
5% gains if you waited for C!
Unfortunately, the inside bar broke bearish before another leg up.
Gains are gains!
J.Crypto
$XTZ Bounce Plays Out, Quick 10% ProfitIf you've been following my $XTZ posts, hopefully you grabbed some 10% gains as well!
Took profit as we approach the 200 day MA. Shaping up to be an A-B-C-D pattern here. Check my last post to see the projected trend.
Buying back in at C.
J.Crypto
XTZ 3.15.21 Tezos Market Movement INdicatorWe continue to reference to Tezos whenever we are trying to get a clue if Bitcoin is nearing support and potential bullish reversal. With XTZ retesting resistance as support it is my opinion that this pullbacks IS STUPID BULLISH> BUY IT IDIOT. I really hope you are not joining the weaker group of sellers that are simply taking small profits. Unless you have a large position it is better that you sit tight and reaccumulate this dip instead of selling in fear of rebuying lower. Its not going to happen. 50 k is the absolute lowest and actually 51k. Tezos continues to look like a great accumulation range as well if you believe in this one. Its actually not a bad one to buy the dip sell the rip rinse repeat vs HODL.
XTZ signs of moving XTZ is ready to move up I believe. XTZ showing more upward pressure. BTC has recently broken AT-High and has corrected..
XTZ/BTC pair has bottomed out and showing bullish signs.
primary indicator for me is this.. both xtz/btc and xtz/usd are moving up.. this will cause very fast upward price movement.
Cup and handle Tezos 2 targets setTezos cup and handle breakout coming. I have 2 targets highlighted.
Thanks for checking the chart out.
$XTZ Buy Zone ApproachingIf you've been following my content, you know I've been following this parallel channel on Tezos since early February.
We're approaching the bottom of the trendline again which I'll be taking a larger position.
I've drawn out what I'd roughly imagine the bounce looks like, with a target buy zone between $3.75-$3.85
Playing an A-B-C-D pattern here, with my buy targets set 50% at $3.80, 50% at $3.75.
My stop-loss will be 5%, set at $3.57.
J.Crypto
XTZUSD W1: price/RSI10 DIV //pullback possible/likely(BEARS)XTZUSD W1: price/RSI10 DIV //pullback possible/likely(BEARS)(SL/TP)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
Tagged as SHORT because this is a speculative
BEARISH SETUP.
🔸 Summary and potential trade setup
::: XTZUSD weekly chart review/outlook
::: noteworthy PRICE/RSI10 DIV now
::: bearish pattern setup
::: noteworthy PRICE/RSI10 DIV as well
::: traders should watch out for the
::: have to be careful going forward
::: also March is WEAK month for crypto
::: this is not a trade setup
::: warning of a potential pullback in LTC
::: BULLS should wait for a better price noe
::: Recommend to trim exposure in XTZUSD
::: so recommend to be extra careful next few
::: weeks as price is very unstable near ATH
::: overbought / so expecting correction / pullback
::: good luck traders!
::: SHORT IT and get paid. period.
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BEARS/PULLBACK
::: Sentiment outlook short-term: BEARS
RISK DISCLAIMER:
Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
ichimoku trade : long positionbuy position in senkou B if it don't decrease and the cloud don't change the color and
XTZ signals imminent pivotLooking at pitchfork on XTZ, price is trending downward and nearing pitchfork support. RSI is sub-35 and indicates bullish divergence which should confirm a reversal.
XTZ Gives Green Signal For 40% More ReturnsTezos traded at $4.12 with a gain of 5.0% in the last 24-hour time-frame. On the weekly time-frame, XTZ is maintaining a gain of 14.65%. In contrast, the market capitalization stands at $3 billion. Technically, Tezos price bounced back from the support of $3.20 and is moving positively towards the resistance level of $4.33.
Resistance: $4.33
Support: $3.20
purple star?could be a purple star rocket ship moment, or I could be wrong. Just doing TA on the 4hr, and that's what I see. But for XTZ to fail I assume BTC would lead the way; how will we pay off our countries debt if not through cryptocurrencies. Not Financial Advice but even if you have 0 debt in USA your 60K+ in debt soo lets get on with it and make paper obsolete, just pay us in crypto so it saves us the hassle of going to the bank.
strong resistance at $5.5...
if BTC is going to 65K then XTZ can break $5.5
XTZ Price Looking To Test The Support Of $3The coin has formed a corrective elliot wave pattern.The elliot pattern suggests that the price can see a further down trend upto the level of $2.80.The price can also see a bounce back if there is surge in buying volumeTezos coin is above 50 and 100 Exponential Moving Average. The blue line of 50-EMA is currently at the level of $3.71 and making it temporary support for the price.
Kindly Comment Your thoughts below
XTZ 3.7.21XTZ going to go for local ATH soon and that means BTC will be setting in a new high as it chugs to 75 k. We continue to rely on ONE tool which is the Tezos Overall Market sentiment indicator. If XTZ is bullish and looking to have built out support then that means BTC is as well.
Tezos showing bullish potentialThis is in my opinion a seriously undervalued project.
The Green EMA is moving at a healthy level above the Energy in the scalping group of timeframes (6, 12, 23, 45) and the Red RSI and Blue LSMA are also at a healthy level above 50. We are also seeing a nice increase in volume. The Green is also higher than the Energy in the 90, 3h & 12h. This is a solid indication of bullish sentiment.
In the 3h the Red RSI is above 50 and the Blue LSMA is poised to cross above 50, if as expected it does, we should see the price action sit with the candle bodies for the most part between the Aqua/Orange upper Bollinger Bands (currently $3.944 & 4.05 but rising) Additionally as the Blue LSMA crosses above 50 we are likely to see the Bollinger Bands expand and the price action accelerate to the upside as the price remains between the Aqua/Orange upper BBs.
We do of course need to keep a close eye on BTCUSD as any strong moves can invalidate this idea.
I will keep an eye and try and update progression of the indicators as we need to see upward pressure propagate into higher timeframes.
As mentioned in previous publications, these markets can change with very little notice. These changes initially manifest themselves in the lower timeframes and propagate up through the timeframes. Nothing is set in stone. Unless you are day trading, you cannot benefit from these early warning signals.
As always - this is not financial advice but just my view of current market dynamics.
One has to be aware that analyses are done on the basis of what the indicators are saying at the time and things can change. It is important to always monitor the scalping group of timeframes as we will see changes propagate up from there.
Trade safe
aBL
