XTZETH - A Closing of Trend Lines Indicates One ThingTaking a look at Tezos and we can see clear trend lines both above and below the current market price - we've had some cracking trades through Crypto Tipster v2 over the last few months and years and this could well be another one!
After a little fakeout on the downside we're now trending back with
Tezos / Eth - Free Ethereum anyone ??Following a 80%+ correction and oversold condition (orange column) the above 10-day chart has printed an ‘incredible buy’ opportunity.
Trading smart contract pairs is an excellent way to protect you dollar profits or better still increase them further, which is what this trade is about. (Dash/Zcash
#Tezos / #Ethereum Traffic Lights! Wedge, Measured Move (looks so large as on log chart).
Key levels in traffic light fashion.
Breaking outThis is probably the biggest wedge I have ever seen in crypto, anyway today XTZ finally broke out the death spiral of a falling wedge.
XTZ-ETH local trend, wedge Greetings,
let's look at the daily chart for more local work.
The price of the tool has formed a falling wedge figure, which can be reversed for a local downtrend. Also, a symmetrical triangle has been formed inside the wedge, which itself is a 50-50 uncertainty figure, but considering the local tr
XTZ-ETH main trendGreetings,
The chart shows the main trend, timeframe 1 day. Upward channel, width 200%. Now the price is under the lower limit of the channel, the support is a horizontal level (zone) 0.0062. It is important to return the price to the channel to preserve the upward movement. Fixing below the horizo
Buy XTZ Sell ETH alt/alt ratio tradeDaily
Double bottom
Price rejection indicated by long wick from previous candle
MACD showing uptrend in a price consolidation, accumulation by the indicator itself
Stoch thrusting upward, divergence exposed
T/P .0088??? - from weekly; below the cloud
R/R 1.1
S/L .0055???
Enter @ .00679 or lower
Sell XTZ to Buy ETH Alt/Alt ratio tradeStoch yielding first sell signal for over bought condition
MACD peak divergence, no contracting to a convergence indication
Price action overvalued relative to Tenken Sen and Kijun Sen
Consider Senkou A/B as resistance/ stop loss area
Down trend on 4hr chart commenced
R/R 1.2
T/P Tenken Sen/FV .00
Tezos vs EthereumBattle of the smart contract platform begins. Last year was all about Tezo's and Chainlink - I think the spotlight will be shinning elsewhere in the coming months. This 4-day chart of Tezos vs Ethereum shows a bearish divergence within a rising wedge pattern since December 19. The 4-day chart prints
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Displays a symbol's price movements over previous years to identify recurring trends.