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XTZUSDT trade ideas

#XTZUSDT Daily Chart After reaching the 4h supply zone and getting rejected heavily from it twice, price is now ranging in a symmetrical triangle. Indicators are not showing clear directions as we would have expected, MACD is showing mixed feelings and RSI is at 50% with price sitting on EMA ribbon. I expect price to reach the 1h demand zone before moving upwards again. However if a breakout occurs from the support line we would be expecting price to reach $3.916 and $3.088 respectively.
by saviour25
XTZ Quick Short after run upAfter significant run up, XTZ appears to have met resistance and could not hold above $6.92, which was the most recent previous rejection level on the 4 hour chart. 30 minute MACD appears to be on the decline and volume levels at this price are low comparatively (potentially indicating low appetite for entries at this level). Watch closely for reversal back upward if volume returns. Targets: 6.77 (top of range on 30 minute chart for previous rejection - top of red box) 6.67 (bottom of range on 30 minute chart for previous rejection - bottom of red box) 6.54 (previous support level for most recent run - mid blue line) 6.45 (volume/price based average support - red line)
Short
by MtnMarathoner
2
TEZOS / TETHERUSTezos is a blockchain network that’s based on smart contracts, in a way that’s not too dissimilar to Ethereum. However, there’s a big difference: Tezos aims to offer infrastructure that is more advanced — meaning it can evolve and improve over time without there ever being a danger of a hard fork. This is something that both Bitcoin and Ethereum have suffered since they were created. People who hold XTZ can vote on proposals for protocol upgrades that have been put forward by Tezos developers. To learn more about this project, check out our deep dive of Tezos. This open-source platform bills itself as “secure, upgradable and built to last” — and says its smart contract language provides the accuracy that is required for high-value use cases. According to Tezos, its approach means that it is futureproof and will “remain state-of-the-art long into the future,” meaning it can embrace developments in blockchain technology. The technology underpinning Tezos was first proposed in a white paper that was released in September 2014. After a series of delays, the Tezos mainnet launched four years later. Forming head and shoulders technical pattern target/ 12
by OMARALREEFI
XTZ/USD - Massive strength in Tezos price action! Bullish.China FUD, market dumps -10%... Tezos? It pumps 20%. This is a show of strength and I don't think Tezos will stop until it reaches the true test at around $9. There are a lot of converging lines around that area, including a Fib 78% extension. I'd be surprised if Tezos can break that. See my macro view on Tezos (linked below), this line is our resistance since forever. So best to secure profits once we get there. For now bias is very bullish and I see Tezon pumping higher, China can't stop this or anything. I am not sure what is pushing price higher and higher... but it's working. :) Volume is up on this move higher too... another show of strength for this. Not much else to add, enjoy the pumps. Like and follow if you liked this idea.
Long
by DU09
2
Tezos to breakout again ?#XTZ Tezos is forming a saucer bottom . Which is a classic reversal/bottoming forming similar to a cup and handle formation The neckline is around $8 and could take us to $20 on the measured move break out over the coming weeks/months ahead . Be patient, this is a multi month pattern so don't expect to get there in one green daily candle and don't expect it to become invalidated with one red candle on the day . There is also hidden bullish divergence on both the rsi and macd indicating a continuation to upside on the short term steepening trend !!! like if you guys want more setups like this !!!!
Long
by Olutobi-Ogunsemore
Tezos XTZ mid-term +100% potentialCOINBASE:XTZUSD BINANCE:XTZUSDT Tezos (XTZUSDT) is printing a classic Livermore's pattern (again, last time failed). It has shown strong momentum this month. Now it's moving to the upward band of log channel (see another idea). Important checkpoint (major resistance): 8.0 USDT (September high), 8.4 USDT (ATH and completion of daily cup & handle pattern). After new ATH, we are likely to see its price discovery following ATOM and AVAX.
Long
by RidingBubble
1
XTZ potential for 3 digits after years of accumulationTezos XTZ has been in accumulation mode for nearly 3 years since launch. From a bull market perspective, it never really pumped. Its volatility was very tiny compared to many other ALTs in this cycle. The only explanation is that XTZ's run is yet to come. The price was restrained in a logarithmic channel for 2 years. This is quite common for an ALT before it starts a parabolic move, like BNB. First it will break the previous all-time high of 8.4 USD, then challenge the upper band of channel (10.5-12 USD). In the final hype it may have another 3-5x in several weeks. The volume is picking up recently. Its fundamentals are growing solid. And perfect Cup&handle and H$S patterns and are about to be completed. Two engulfing bullish candle say it's the time.
Long
by RidingBubble
2