XTZUSDT trade ideas
XTZ vs USDT ---LONG--- 05.11.21XTZ vs USD
"What to do with such volatility and what to look for"
If you look at what has happened to the coin lately, it is obvious that this is some kind of madness (highlighted in a red square)
In order not to complicate everything, several points can be highlighted:
According to the MACD indicator, we see that there was no formed divergence as a prerequisite for a counter move, which means that with a greater probability we are still waiting for a new price maximum and minimum according to the MACD indicator.
In general, the trend is still upward, if we start from the last impulse, which determined the historical maximum for us. The beginning of this impulse is marked with a blue tick - the bears will have to try to renew it in order to change the trend.
Well, if we look at the situation completely locally, we will see that we have a positive construction with the minimums and maximums (marked with red and black ticks) This means that locally we have a positive trend and more globally, as mentioned earlier.
Total: the situation is not easy and it will not be easy to buy on time, but we are more likely to see a new historical maximum as a denouement. One of the solutions may be to buy a coin for a very small part of the deposit, so as not to get nervous looking at this volatility.
TEZOS- Time to Buy AgainTezos was the perfect 'short' but the chart shows support has been found and tested and the price could rise again next. First to 7, then it will need to break that resistance and flirt with new all time highs.
A blockchain designed to evolve.
Security focused. Upgradeable. Built to last . Tezos is an open-source platform that addresses key barriers facing blockchain adoption for assets and applications backed by a global community of validators, researchers, and builders. By design, Tezos embraces long-term upgradability, open participation, collaboration, and smart contract safety.
Currently at number 38, XTZ will need to x2,4 to reach Litecoin... which personally I believe will happen.
NEW DEALS:
-Tezos bringing NFTs to the Grammys via partnership with OneOf
- Red Bull launch Digital Collectibles with limited-edition Perez range
Let's see how this goes.
One Love,
the FXPROFESSOR
XTZUSDT is creating a descending channelXTZUSDT is creating a descending channel. If the price is going to have a breakout, According to Plancton's strategy (check our Academy ), we can set a nice order
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
TEZOS | Descending Channel Formation..!!#XTZ/USDT (Update)
In 4h timeframe, Forming Descending Channel Pattern..
So far Looks Bullish & If Channel Broken Upside, Expecting +30-40% Bullish Wave.
Don't miss the Ride 📈
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XTZ/USD longSince 50 EMA crossed over 200 EMA at the end of August, the price exploded. It more than doubled from 3.865 to 9.170 in 4 weeks. Since then it has corrected down to support at 5.546 (correction also took 4 weeks). Yesterday we saw a long-legged doji indicating reversal of the current price movement. This could mean that we are heading for $10 and the new ATH
xtzusdtxtz has formed a falling wedge on daily time frame and a huge cup and handle pattern . hope it goes well from here .All area marked is the strong demand zone . fib level is at 0.5 at approx .Its good fundamentally also. long term hold as its a 2 day chart .I will dca if price come to 0.618 .My minimum target is 9 dollars .
NFA DYOR
XTZUSDT BULLISH SIGNAL UPDATE!!As you all know, Tezos (XTZ) is not performing well from last 6 weeks and according to the Chart patterns, Decending Channel is formed, Breakout formation and also indicators giving bullish signal.
Short term Trade, DYOR Before taking trade, as i'm not responsible for your loss.
RISK FACTORS:
Market/ BTC CRASH
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Tezos: Decision time.Hello everyone,
XTZ is coming at a decision point. Will it breakout to the upside or downside? If XTZ breaks to the upside, there is some great upside potential. There isn't all that much resistance until we get close to the ATH, where I expect to get a rejection first. So take your profits between $8 and $9. If we break ATH, we are looking at a price around $11.30, as per fibonacci extension. You can take the trade on breakout, or if you feel like it, buy now. In both cases set your stoploss below the trendline.
However, XTZ could potentially break to the downside as well. In that case I expect a retrace to the 200 moving average. Right now that is about $4.60. Strong support is in the $4.20 area which will be great to load up on XTZ. However I do not expect this scenario to play out unless the entire market dips.
Edit: I forgot to mention that I would like to see volume pick up for a good uptrend. The volume isn't great right now.