XTZUSDT trade ideas
XTZ/USD - Huge ascending channel, major resistance ahead!Tezos has formed for some time a major ascending channel which indicated a bullish trend (higher lows and higher highs, see yellow arrows).
The indicators on this weekly timeframe are also quite bullish with MACD, volume and RSI looking great.
For this reason, I can see XTZ re-testing our major resistance or the top of our ascending channel. This is at least a nice +40% gains left.
Once there, time to be careful and secure profits, you don't want to hold at those levels.
The major recovery from our flash crash last week is also a sign of strength (see that massive green wick of +40%). Not bad. Hence, I expect continuation of this price action until we hit resistance. Then it's time to re-assess.
Like and follow if you liked this idea!
XtzUsdt great potential after correctionnow time for Upgrade this
on Tezos , Delphi upgrade adn that is : Improved gas costs. Reduced storage costs by a factor of 4 to reflect improvements in the underlying storage layer.
So can pump up and you knwo this SEP time for Blockchain and every new upgrad eon road map can big pump
you watch ADA SOL and other like IOTA
so this can going up soon
with good potential . with good rank and good fundamental
i use 2 Entry point you can wait for deeper EntryPoint or see not back on that wait pullback on upper and Entry
GL
EntryPoint:
5.570
5.081 >>> This is better wait for touch this or come deeper can buy on suppoer lines.(but i think on Entry is good for can fast back up )
Supports:
4.661
4.304
3.890
Resistance:
5.859
9.036
Targets:
6.649 >> This on Resistanc eTrend line and big resistance)
7.545
11.363
15.212
Mid time Targets:
17.722
22.008
GL
XTZUSDT TECHNICAL ANALYSIS Tezos (XTZ) has gained over 29% last 24 hours and we got some signal from our robo advisor. The candle already break out down trendline and resistance line and still staying above to up trend line. If new candle stay above the resistance line (this mean resistance line will may change to support line) and next candle open close completely above the down trend line, it may some opportunities for buy. But we need to do really careful on our trade as well. Let’s follow our chart closely.
“NFA”
Correction Time!Wassup, wolves🔥
There is a ready to trade formation for you!
The price is slightly falling on a bigger frame.
It could be a good signal for bear-traders.
According to Elliott Waves theory all the waves are done and now the price is heading to the breakout.
However do not rush the trade and look for breakout.
There was a bearish fakeour already.
Follow the chart and look for the best price to enter carefully.
According to the situation on the market we do not predict price direction, we should react according to the breakout.
_____________________________________________________
If you enjoy my FREE Analysis , support the idea with a big LIKE👍 and don't forget to SUBSCRIBE my channel, you won't miss anything!
Feel free to leave comments✉️
And always remember: "we don't predict, we react".
XtzSince entry at 4$ took a lot of profits at 5.40 expecting bigger rejection. We actually seem to be holding well and flagging at long term resiatnce. My ideas is a break above 5.78$ should be striaght momentum here. Will have to keep our eyes on it but it’s looking pretty damn bullish. Closing daily’s above 5.77$ should be a moonshot engaged
XTZ - potential trade ❗❗A potential XTZ deal.
Accumulation
Price squeeze
Higher lows
Potential target marked above
Buy after a breakout or retest of the $5,6 level as support.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
🔥 XTZ Break Out After ConsolidationXTZ saw an incredible run up in August. Since hitting the area between $6 - $6.15, XTZ saw a bearish move and traded sideways for over a week.
With most of the crypto market going up, XTZ is one of the tokens which has been lagging the market. As of today, these lagging tokens are starting to see more bullish price action.
For now, the main target area is between $6 - $6.15, potentially higher if we're going to see strong bullish pressure over the coming days.
Happy trading!
Tezos is forming a bullish continuation movementTezos with some released news and their full participation in NFT minting and sales has made it a good project to watch for now.
On the weekly chart it has formed a bullish Harami pattern which signifies a bullish continuation movement while on the daily chart it has just retested a previous support and moving back upwards. Watch out for it or rather hodl on to it.