XTZUSD trade ideas
Elliot Wave Massive incoming profits for tezos in about a yearThis fall belongs to the Black Swan incident, not because the industry's development prospects are uncertain, nor is there a major loophole in bitcoin technology, so you know, the fall is more a contagion of emotions and a release of funds, so it is a rare opportunity to slowly buy in positions. This is not an investment advice.
XTZ is waiting untill the last moment for a real pumpSome altcoins are already in the safe zone, like ethereum and some others, although xtz is being held firmly in the killzone to keep the holders and leverage traders in anxiety, there is no logical reason for this, it's a just a panic effect and whale manipulation together. It is only a matter of time before XTZ will reach for 2.50, I expect this to happen just before of just after the american presidential election. XTZ is a really technically sound cryptocurrency, far better than link and some others tokens and cryptocurrencies in the top 10.
XTZ to see down breakout(1D) | Head & Shoulder Pattern completedMarket in last 1 week
XTZUSD saw a sideways movement with the price increase followed by a decline
Price volatility was very high. The market moved ~11.24%, between $2.268 and $2.038
Today’s Trend analysis
XTZUSD expected to see a breakout downtrend as the Head and Shoulder pattern is completed with the volume confirming the pattern completion
Price at time of publishing: $2.0977
XTZ’s market cap: $1.569 Billion
Oscillator indicators are mostly neutral. RSI at 42
Moving average indicators are biased towards a downtrend. Ichimoku Cloud is neutral and Hull MA indicates a selling opportunity
Volume indicators saw a decrease in volume with price increase while an increase in volume observed with a price decline, with the total volume being below the 20-candle moving average
Price expected to see a breakout downtrend as the Head and Shoulder pattern is completed with the volume confirming the pattern completion. Most of the Oscillator indicators are neutral. MACD line moving above the signal line with histogram size decreasing in the positive region, suggesting a bullish bias. RSI at 42, below the midline in the neutral region. CCI is around -112, in the oversold region indicating a downtrend. Another interesting point to notice here is that volume saw a decrease in volume with price increase while an increase in volume observed with a price decline indicating strong selling pressure.
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The analysis is based on signals from 28 technical indicators, out of which 17 are moving averages and remaining 11 are oscillators. These indicator values are calculated using 1 D candles.
DM to get details of the above analysis and list of indicators & their values used to arrive at the above conclusion.
Note: Above analysis would hold true if we do not encounter a sudden jump in trade volume .
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- Mudrex
XTZUSD H4: BEST Level to SHORT IT 15% gains(SL/TP)(UPDATE)Why get subbed to me on Tradingview?
-TOP author on TradingView
-15+ years experience in markets
-Professional chart break downs
-Supply/Demand Zones
-TD9 counts / combo review
-Key S/R levels
-No junk on my charts
-Frequent updates
-Covering FX/crypto/US stocks
-24/7 uptime so constant updates
XTZUSD H4: BEST Level to SHORT IT 15% gains(SL/TP)(UPDATE)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
Tagged as SHORT as I expect more losses
short and mid term.
🔸 Summary and potential trade setup
::: XTZUSD 2hour chart review
::: 2.31 heavy key S/R level
::: H*S BEARS in progress right now
::: 2.31 is mirror S/R and RIGHT SHOULDER
::: expecting 15% correction
::: shorting from KEY S/R level is good
::: BEARS will target recent cycle lows
::: TP BEARS is +15% gains
::: targets based on swing extensions
::: get ready to short from highs
::: best reload BEARS 2.30 USD
::: recommended strategy: SHORT IT 2.30
::: TP BEARS 15% gains
::: short 2.30 / short rallies/rips
::: SWING TRADE: SHORT/HOLD IT
::: correction not over yet
::: good luck traders!
::: SHORT and get paid. period.
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BEARS
::: Sentiment outlook short-term: BEARS
XTZ 10.25.20I'm telling you right now. If you are "fed up" "getting tired of" or have any other "feelings" towards any crypto, then you are doing something wrong. You need to learn to first formulate a plan before you come into any trade. If you are in a loss you need to question why you are and you need to understand its no ones fault but your own. To many ppl in crypto land love to blame the devs, the exchanges, the cryptos but dont admit that their own losses are 100 percent their own fault. Now back to XTZ. It is approaching a very huge level and it appears to be front run just before it at the psychological level of 2 dollars. I would really like it to kiss off of the 1.80 level and then continue to range sideways here and build out more support. Tezos isnt' going to fly off to 20 dollars overnight or in a few months imo. You have plenty of time to build a position correctly. People always want moon or to go back up but that is not the healthy way. To continue holding above 1.80 shows that bulls are still in FULL control. Players are accumulating here and there is no need to worry. Bc if you are worried, again, YOU ARE DOING SOMETHING WRONG and you need to figure out what your fallacies are. Not just blame everyone for everything.
XTZUSD H2: BEST Level to SHORT IT 20/25% gains(SL/TP)(NEW)Why get subbed to me on Tradingview?
-TOP author on TradingView
-15+ years experience in markets
-Professional chart break downs
-Supply/Demand Zones
-TD9 counts / combo review
-Key S/R levels
-No junk on my charts
-Frequent updates
-Covering FX/crypto/US stocks
-24/7 uptime so constant updates
XTZUSD H2: BEST Level to SHORT IT 20/25% gains(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
Tagged as SHORT as I expect more losses
short and mid term.
🔸 Summary and potential trade setup
::: XTZUSD 2hour chart review
::: 2.30 heavy key S/R level
::: H*S BEARS in progress right now
::: 2.30 is mirror S/R and RIGHT SHOULDER
::: expecting 20%/25% correction
::: shorting from KEY S/R level is good
::: BEARS will target recent cycle lows
::: TP Bears is +20%/25% gains
::: targets based on swing extensions
::: get ready to short from highs
::: best reload BEARS 2.30 USD
::: recommended strategy: SHORT IT 2.30
::: TP1 +20% gains TP2 +25% gains
::: short 2.30 / short rallies/rips
::: SWING TRADE: SHORT/HOLD IT
::: correction not over yet
::: good luck traders!
::: SHORT and get paid. period.
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BEARS
::: Sentiment outlook short-term: BEARS
XTZ 10.23.20Could remain in the 2=4 range for a long time. Look to last year for some insight. XTZ led the way around the new year and the rest is history. XTZ is still up hundreds of percent off of its sub 50 cent lows in 18. Incredible. Anyone who is talking down on XTZ really doesnt know what they are talking about. It has been an incredible chart. One of the most bullish with an unbroken upward macro trend. I have a one year target of 15 dollars maximum. Although imo 5 dollars would be more realistic. With everything coming to tezos it is going to get very interesting as more corporations seek to add their names to the Tezos Roll owner and Bakers list. I will be keeping an eye on things. Once xtz gets moving it has a habit of not only overshooting its lows but also its highs.
XTZ, continuous rejections, faces MA20, MA50 nextXTZ is becoming more volatile, as prices are spiking, which could be the sign of a reversal in progress. However, it would need to bust through both the MA20, and the MA50, as well as the looming MA200 that is hovering over it. Multiple resistance levels offer a rough road for XTZ, which is very popular among one of the first staking tokens to hit Coinbase.