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XTZUSDT trade ideas

XTZUSDT a Descending wedge and time to open!/Trading StrategyBYBIT:XTZUSDT 1H trend chart In this trading strategy, I'll provide 2 types of open timing for aggressive and conservative traders, respectively. - We modify the patter as a descending wedge from a triangle (refer to last analysis) Price suddenly plunged while ETH falling, but it formed a good wedge. In the meantime, price hit Vegas tunnel_576ema, and rallied back to 12ema rapidly. Also, Fib(0.382) showed a strong support for price. - So here is our first timing to open position, and trading strategy as below. - *Notice the resistance from upper trend line =>Based on this resistance, conservative trader could wait for the break-out of upper trend line. - Profit Targets: a) 9.166----Fib(1) b) 10.187~10.599----Fib(1.272~1.382) c) 12.918-----Fib(2) Stop losses: a) 6.847----Red horizontal ray - If you like this analysis, give it a like and leave a comment below to share your perspective 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!
Long
by EthanTW
3
XTZUSDT Keeps convergence and time for entry!/Trading StrategyBYBIT:XTZUSDT 1H trend chart - A strong support zone was formed from long-term neckline, and it really seems effective for price while falling. Moreover, a downtrend line keeps price converging and gradually forms a triangle. Now, direction is still unknown, but if the upper downtrend line can be broken out, trading strategy as below. - Profit Targets: a) 9.166----Fib(1) b) 10.048~10.405----Fib(1.272~1.382) c) 12.409-----Fib(2) Stop losses: a) 7.152----Red horizontal ray - If you like this analysis, give it a like and leave a comment below to share your perspective 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!
Long
by EthanTW
2
XTZ long ABC setup ABC Setup to long XTZ potentially for a new leg up, or usual yellow fib targets. Strategy would be to long every real time price cross (no candle close) above the horizontal a level ($7.158) with a 0.5% stop loss, this way with the usual targets your R/R is 25, or for a new leg up >$10 even higher. Take the long, might be stopped out 3-4 times with 0.5% loss, but eventually the long should hit and you'll make it all back + more. Or we'll be lucky and we won't even need to be stopped out once if the market is bullish enough.
Long
by xprojoepzz
XTZ Descending Triangle (BEARISH)Hello traders hope everyone is having a great Sunday! XTZ bearish trade setup with a 10% drop likely to happen today Breakdown should happen after XTZ is below $7.15 and from there we can expect a sell off all the way down to around $6.5 - $6.6 area which is our (Buy zone) in the chart. Expect a bounce back up to previous support ($7.15) which likely will turn into newfound resistance. Best of luck on your trades figured i would share my idea out there so now we just wait and see what happens. Cheers!
Short
by SolStackz
XTZUSDT - Need to set a higher lowXTZ looking good, we are trying to set a daily higher low right above major resistance. I'll be interested in XTZ as long we can hold support (the green area ) Thanks for taking your time to check out my idea 😎😎! Often, my ideas are fast gone from the front page because there are so many ideas on the platform and the algo picks the one with more likes 🤖🤖. I think once I have around 20 likes/idea my idea will be shown in front 🥳🥳. It would be awesome if you could like my idea, (only if you really like it of course) 🤪! I believe that the more we can interact with each other, and share thought about an idea, the more we can learn! 👩‍🏫🧑🏾‍🏫👨🏻‍🏫 Furthermore, I made a challenge for myself, I will add 1 idea for every new follower🦹‍♀️ So if I have 1 follower each day, I will add 1 idea. If I have 10 followers, I will add 10 🏌️‍♂️ It’s fun for me and you! More followers = more ideas = powerful community! 💪💪💪 Besides, all the ideas are … FREE 🥳🥳🥳 ⚠️⚠️ If you want to know how my previous ideas played out, > push the play button on my previous ideas and check it out 🕵️🕵️ Is there a ticker you want me to look into? Let me know in the comments below ⬇️⬇️⬇️
by CryptoColugo
15
XTZUSDT 1DHi everyone Ascending triangle pattern If XTZ can be maintained above the $ 7.44 support, the uptrend will be achieved directly However, it seems that the price falls below that and is looking for a suitable level in the direction of its jump The $ 6.75 and $ 5.95 barriers are good levels for such a jump On the other hand, if the XTZ price drops to $ 5.95 and closes below $ 5.34 as the downtrend continues, the uptrend scenario will be nullified In that case, the price is likely to fall further and the $ 4.68 demand barrier will be tested again, where the uptrend can be resumed What do you think the price trend will be? Thankful
by shayanfb
2