XTZBULLUSD trade ideas
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
XTZ may be ready for a pushNot trading advise, just playing and learning.
XTZ is about to hit the top of an ascending channel, the top now closely matches the $4.0 resistance level. MACD is looking good, so if XTZ manages to break $4 it can be a good chance to buy. Depending on the market I will see how to close the trade, but with BTC and ETH also looking decent at the moment I would expect to at least test the resistance at a previous ATH (around $4.4). This level will be key for Tezos arriving to a new ATH. I will likely sell if there's a rejection and then look for new buy setups.
Seeing the line made from the previous ATHs not sure we would push much higher if that line holds. Now, we can find lines everywhere so it may mean nothing. If we indeed reach that high we should look for indicators to see what would be the safest strategy.
Good Luck!
XTZUSD Tezos 1D Rogue WavesWelcome Traders,
I feel like what we are seeing is a continuous pattern of buy-hold-sell's where people buy, typically hold for 60 days, then start to sell, decreasing the price. This allows for more buyers to get in at lower prices, then repeat the pattern. Until the cycle lines up to create some of the super cycles in Tezos. In oceanography, rogue waves are more precisely defined as waves whose height is more than twice the significant wave height (Hs or SWH), which is itself defined as the mean of the largest third of waves in a wave record. Therefore, rogue waves are not necessarily the biggest waves found on the water; they are, rather, unusually large waves for a given sea state. Rogue waves seem not to have a single distinct cause, but occur where physical factors such as high winds and strong currents cause waves to merge to create a single exceptionally large wave. (from Wikipedia)
I think people are unsure of Tezos and its' future. People come in, they hold, they sell, and they move on. It has great tech, great governance, and growing adoption. However, they don't have the energy and excitement as some of the newer coins like UNI, Graph, ADA, and DOT. When tezos had its' debut, they were under scrutiny, management problems, no wallet, and foundation shake up. It never got it's chance to really use it's hype and take off. Now, Tezos will have to fight to prove the test of time, adoption, and continue to deliver in its' tech. This will be a test of time, endurance, and a steady riser. Given the fundamentals behind Tezos, the low cost speedy transactions, future-proof, and maintaining a price above certain levels for the past 2 years, I don't personally think there is a lot of risk in holding Tezos. But if your looking for 10x, I am not sure this is the horse I would bet on. Keep in mind the 10x has already hit from the initial ICO.
There are 2 scenarios that I have highlighted here. Both a strong upward movement to new ATH's and strong downward movement to ATL's. Both I think are unlikely with a solid base of wallet addresses, continuous development, and a well funded foundation. One of the foundations primary goal is in education and training developers. I believe we still have yet to see a lot of good work from developers coming in the next year or two.
Between now and June we could see a sharp rise, but only if we see a huge spike in Bitcoin and all altcoins in general follow. Similarly if there is an opposing scenario.
Note:
Due to unforeseeable events that may occur due to twitter , bitcoin news, SEC, Pandemic's, or huge moves in bitcoin , don't hold to this chart. This is purely my analysis of what I think might play out. I've been right and I've been wrong, due your own due diligence. I'm not a professional trader, but someone trading in this space for several years. If you like my analysis or what I'm doing, give me a like.
XTZ update: strong pressure upwardsRSI is well over 50 and moving up. MACD shows upwards pressure on 1D, 4H, 3H and 2H time frames.
BTC XTZ pair shows strong upwards pressure. The crypto market is in a downward move across the board, but XTZ has been traded differently over the past several months, so XTZ trading differently now is not a surprise.
Still bullish, and still expect price to move to 4:50 -> 6.00 -> 8.00/9.00 over the next few weeks.
Über bullish on XTZHello people! I made a rough call in my last post and perhaps was a bit too bullish. I managed to leave however with a good bit a profit in XTZ from my long and needed to take a bit of a break to regain my bearings.
And as of recent... HOLY... Reno news, Kolibri, Greyscale, Dexter, Opensea, Arthur on the council.
This is probably the most bullish set up of fundamentals and technicals I have ever seen. XTZBTC formed a Cypher pattern which will lead to a momentous explosion on the pair. XTZUSD is on the bottom part of the support channel with a downward resistance line being tested as I write this. The RSI and Stoch are ready to be sent into the stratosphere on the daily.
I used kolibri to take out a margin position with a liquidation real low. I'm ready to ride tezos to 1000. I hope you are with me. Godspeed and Godbless.
Not financial advice.
Tezos 3.5.21Today we continue to use the Tezos indicator as an edge and direction of the overall market. XTZ appears ot have conquered previous resistance as support. This leads me to believe that BTC is currently building out a support level on previous resistance as well. Yes its a trading nightmare as its a range to get your ass chopped into a thousand pieces both to the upside and downside. Most should just be buying and holding. If you are trading enter, exit as quickly as possible and use tight stops. Next test i see for xtz is 4.25 . For BTC i would see a retest of 55k and maybe rejection again back down to 48k. if you are a long term holder great job.
potential flag and head and shoulder!!if overall bullish trend continues, this would get interesting
XTZ UPDATE: consolidation continuesxtz price is continuing consolidation and is still moving up. Crypto market took a dip yesterday but is creating a higher low. If upward pressure continues I think we could see breakout in the next couple days.
if price begins to stagnate or move down, we might see test of 3.50 again. With the news of stimulus checks, I think people are optimistic, so I am bullish and expect break up to 4.20 - 4.50
this is just an idea. XTZ 6$I'm still bullish on XTZ.
looking at the mid term, (2 weeks) I see xtz easily reaching 6$. As BTC xtz pair begins to flip, xtz usd will surge. This is currently in process.
the above chart shows strong RSI, and macd moving up. I also see the identical pattern that happened early January when BTC first dipped. I expect XTZ to recover and move to 6$ over the next couple weeks (early march). I see an 8$ xtz price by summer. This will probably coincide with a massive BTC movement to the 100 -200K area.
again, this is all just an idea based on observation and discernment of the current economic state. The dollar is becoming weaker and people are anxious to invest, even blindly. I expect some very extreme movement in the stock market and other markets over the coming months. Personally my goal is to move to silver and real-estate once the next crypto surge completes (btc 100k -200k)
Whats yours?
good luck.
xtz updatePrice has been supported multiple times and still upward pressure continues. Downward pressure seems to be dwindling. I still expect big move from xtz upwards towards 6$ in the next two weeks.
XTZ (Tezos) - Key level broken - 40% upside potentialThe market seems to be recovering and moving from bearish to bullish (in the short term at least)
Tezos has built up 4 touches on a key level and broken through. It's likely we see a retest before lift off. If tezos grows we can aim for a re-test of the previous high. That's a 40% increase and would be a nice catch.
In my opinion Tezos is undervalued compared to other coins and I think we could see real action if the wider market trend starts to accelerate and 40% could just be the beginning.
If we fail to meet this rise upward - we look fairly safe at the $3.15 dollar mark and I would expect it to bounce and consolidate here.
This is not financial advice.
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XTZ broken for an upward trendIt has broken the trend line. And confirmed volumes. May hit ath soon.
XTZ Broke ResistanceBeen following and learning from the @TheSignalyst. XTZ broke resistance and is trading above it, I would expect now to test $4.2 or $4.4.
Not trading advise, just playing and learning.
Tezos is ready 🚀In this parabolic market, $XTZ is still trading at the same level than 1 year ago.
Do you think it's going to last forever ?
I don't
