XTZ Symmetrical Triangle formationSymmetrical triangle formation on XTZ 4Hour Frame. Possible accumulation for a big move.
XTZUSDT.P trade ideas
XTZUSDT UPDATEThe correction is showing signs of a deceleration with the market forming a possible double bottom rejection in confluence with the 0.618 fib. For a entry confirmation i am waiting for a 4hr higher high to close above the descending counter trendline and back above the horizontal resistance.
XTZUSDTXTZ has been moving inside a wide channel by hitting to the S&R lines of the channel. Currently it is touching the dynamic line of the channel and getting RSI signal above its mid line, demonstrating a strong bullish run toward the midline of the channel. TPs and SL have been indicated in the chart.
Happy Trading,
Demin
xtz is ready to touch 11.7....for next month.... grate fundamentxtx is ready to touch 11.7....for next month.... grate fundament ...very soon
Long opportunity XTZXTZ could have ended what could be a leading diagonal followed by an expanded flat. The level at $6.549 should hold in order to allow for the beginning of wave ((3)) with a short-term target at $7.48 which be equal to 1.618*((1)) on a log scale. Most importantly the beginning of the supposed wave ((1)) at $6.349 should hold otherwise we should look for a bearish scenario.
XTZUSDT LongXTZ is on a good bullish trend in daily Chart channel looks valid with several touches and also PerBTC is on support, on the other hand in 4H we have just broked and confirmed a falling wedge on fundamental side XTZ is undervalued asf and do your own research
Targeting: 10-11-12
STRONGER DEFI COIN ( XTZ / usdtAs we see : there is astrong pattern ( Head and shoulders ) on daily chart..
you can buy in parts at any correction ... or you can wait breaking neck line
Targets :
12 $
17 $
23 $
27 $
XTZ Livermore Accumulation CylinderLivermore Accumulation Cylinder! Still a little early but google it and see for yourself if you don't know what it is.
XTZUSDT Potential price increase Potential prise rise... Bullish flag, wait for current candle to close and check overbought signal on Stochastic RSI
Not financial advice, do your own analysis.
Good luck
$XTZ Tezos is up to a double until December. In the current market conditions when BTC is in the price discovery mode buying alts can be a bit premature, however, I think that @cousincrypt0 could be right tweeting that we might never see BTC dominance at the levels of 2016 or 2018 again. After BTC had hit the bottom at 29k some of the altcoins like $Sol , $EGLD , $XTZ and others went for ATH showing incredible strength and outperforming BTC. Therefore buying some alts with good fundamentals should be a good idea. For example $SOL has risen for 900% since the May crash and one of the main reasons behind this glorious pump was the NFT craze. $XTZ has successfully implemented NFTS so now minting NFTs on Tezos is possible, moreover, a number of NFT platforms already function enabling users to sell/buy nfts of different kinds (music, paintings, collectibles, etc). All of that should be a great catalyst for XTZ to go up and not to lag on BTC pair.
Now lets take a look at the technicals..
$XTZ has completed the Elliot wave cycle hitting 9$ at the top of the fifth wave, what followed next looks like an ABC correction. The price touched the 0.382 (6.47) fib level at 6.5$ that also coincided with the 2/1 Gan. I would like to draw your attention to how XTZ respects Gan fan lines where 1/1 acts as resistance and 2/1 and 3/1 as support and the whole uptrend since July is ranging in between these lines. Therefore point C was a great spot to buy a bag as it could be the begging of another Elliot waves cycle. The possible levels of resistance are 7.5$ and 9$ 0.236 (7.504) and 0(9.174) fib. levels respectively.
One the other hand if BTC dips XTZ will surely follow and retrace at least to 5.66$ which will be a good area to add more.
Overall XTZ should be a good mid term investment.
🆓Tezos (XTZ) Oct-20 #XTZ $XTZXTZ has good support at 6.5$ zone and it could move towards 8.5$, 10.5$ and 13$ zones in next days. But if it loses this 6.5$ zone, it will fall sharply to 5.5$ and 4.5$ zones
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 6.5$ zone
🔴Buy : 6.5
🔴Sell : 8.5 - 10.5 - 13
📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 6.5$ zone
🔵Sell : 6.5
🔵Buy : 5.5 - 4.5
❓Details
🚫Stoploss for Long : 10%
🚫Stoploss for Short : 5%
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of 1-day candlestick is Above the zone
🅱️B : The Close price of 1-day candlestick is Below the zone
XTZ 1WIf a pattern is formed, Based on Strong Price Action, I think the trend line is a good place to enter
xtzusdtthis is a method im developing and working on it . post is for future feed back . use it by your own risk.
XTZUSDT - Finally break out?/Trading strategyBYBIT:XTZUSDT
1H trend chart
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XTZ has been falling due to the upper trend line.
Recently, it eventually broke it out, and can see there is a double bottom.
However, should notice there were lots of fake-out on the way down.(trend line needed to be modified)
So if price can keep standing firm at $6.792(Fib 0.382) in 1H, trading strategy as below.
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Profit Targets:
a) 7.687----Fib(0.618)
or
7.240(Resistance zone)
b) 8.527----Blue horizontal ray
c) 9.134-----Fib(1)
Stop losses:
a) 6.529-----Red horizontal ray
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If you like this analysis, smash the "like button" and leave a comment below to share your thoughts
or let me know what crypto you want to see!
Trading is a reflection of yourself. Learn more daily and be ready for every opportunity.
Have a nice trading!
XTZUSDT WILL BREAK FALLING WEDGE?My trading plan by using falling wedge pattern as stated below:
Confirmation Entry when Break above white line.
Target is next resistance (green dash).
Stop Loss if fall below red line.
#TAYOR HUOBI:XTZUSDT
XTZ broke symmetric triangle 9.9 TPT.Hello friends, bull flag on XTZ, RSI broke and symmetric triangle breakout, target 9.9
Follow and like for free breakout signals (:
XTZ going to break all time highsXTZ looks like it has already started or is about to do a reversal of its down trend. It has been in a down trend since the start of October, but sign are showing up that it is about to reverse.
As of the time of writing, the chart shows that it has broken above the trendline of a bearish wedge triangle. ( I hope the daily candle closes above the trendline).
Stoch is also very very low, last time XTZ's stoch was at this level, BTC was around 30k and XTZ has went up 300% since then.
Current price is also sitting around 0.382 fib level, which shows we are currently in a support area.
If daily candle closes above the wedge, then there is a high chance we touch 10.600 price point before seeing another consolidation or retest of supports.
However, if price does not close above the wedge, then we would have the chance to buy some more at around 6.150 price before bouncing hard to new ATH.
$XTZ breaking outXTZ made a new all time high earlier this month.
Good chance this is the end of the correction.
Price has broken out of its descending triangle.
Expecting to retest previous resistance levels.
XTZ great increaseAs I said in the previous idea XTZ is necessary to break the green resistance line to increase the price.
The chart shows that the green line is both a bear trend channel line and a falling wedge line.
It can also be seen that the price is currently trying to bounce off the blue trendline and break the green resistance line, and that the RSI has bounced off the orange ressistance line.
I am bullish and I think that today during the day the price will break the green resistance line and go significantly up.
For long
TP1: 7.400 (0.786 Fibbonachi)
TP2: 9.080 (1 FIB)
TP3: 11,000 (red resistance line)
TP4: 13.600 (1.618 FIB)
Disclamer: This is not financial advice.
You trade at your own risk.
