XTZUSDT.Preaching 4H Order block initiate the first long position and pending order could be placed.
if price go down to lower level near to 4H order block, according to weak upmovement in 4H time frame, i expect some fluctuation befor going up. and in oder to masive down movement in 4H time frame, pushing price to the up side s more possible
entry price, SL and TP is clear on the chart and i hope helps you makeing profit
It would be my pleasure to hear your thoughts on the analysis.
XTZUSDT trade ideas
TEZOS FORMING A POSSIBLE CUP AND HANDLEIn this chart of BINANCE:XTZUSDT , the coin is forming a possible cup and handle formation,
a bullish pattern in trading. In this idea, I will provide some keys and strategies in trading at this stage. So, stay tuned for the updeates on the idea threads below.
Happy trading and may all of us more profitable this 2024!
Does Anyone Really Care about Crypto ETFs? (PoW vs PoS)The crypto markets for CRYPTOCAP:BTC after this week's Bitcoin ETF announcement hasn't looked all that great, despite its anticipation over the last several years.
This week many of the proof-of-stake (PoS) projects that offer staking rewards (interest) have vastly outperformed its competition - is the the future to come, or does proof-of-work still have some hope?
XTZ Embrace the Power of Crypto: Invest Smart and Build Wealth **Tezos (XTZ) Fundamental Analysis**
Tezos is a blockchain network that aims to provide a more flexible and adaptable platform for developing decentralized applications (dApps) and smart contracts. It utilizes a unique consensus mechanism called Liquid Proof of Stake (LPoS), which allows for on-chain governance and seamless protocol upgrades without the need for hard forks. This makes Tezos a more dynamic and responsive platform compared to other blockchains.
**Key Features of Tezos:**
* **Self-amending protocol:** Tezos can upgrade its own code without the need for forks, ensuring long-term sustainability and adaptability to evolving needs.
* **Formal verification:** Tezos smart contracts can be mathematically verified for correctness and security, reducing the risk of vulnerabilities.
* **Decentralized governance:** Tezos holders can participate in on-chain voting to shape the future of the network.
**Recent News and Developments**
* **Tezos Ecosystem Growth:** The Tezos ecosystem has continued to grow in recent years, with several notable projects being developed on the platform. This includes DeFi applications like Plenty and Dexter, NFT platforms like Objkt and Kalamint, and staking services like Temple and Everstake.
* **Institutional Adoption:** Tezos has gained traction among institutional investors, with major companies like Fidelity Investments and Grayscale offering Tezos-based investment products. This indicates growing confidence in the platform's potential.
* **Protocol Upgrades:** Tezos has undergone several successful protocol upgrades, demonstrating the effectiveness of its on-chain governance mechanism. The latest upgrade, Babylon, introduced new features like increased transaction throughput and improved smart contract capabilities.
**Disclaimer**
Please note that cryptocurrency investments are inherently risky and volatile. The future price performance of Tezos (XTZ) is uncertain and could be subject to significant fluctuations. Conduct thorough research before making any investment decisions.
XTZ ANALYSIS🔮 #XTZ Analysis - Support and Resistance 🚀🚀
💲💲 #XTZ is trading above its supply zone and we have seen rejection from its resistance zone before. But if #XTZ closes above the supply zone and sustain the higher price, it will indicate a good bullish move 📈
🔖 Current Price: $0.899
⏳️ Target Price: $1.130
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
🏷Remember, the crypto market is dynamic in nature and changes rapidly, so always use stop loss and take proper knowledge before investments.
#XTZ #Cryptocurrency #Support #Resistance #DYOR
🚨 Trade Alert: XTZ/USDT (3-5x)🚨 New Trade Alert 🚨
✅ XTZ/USDT (3-5x)
📉 SHORT Entry Zone: 0.946 - 0.886
⛔️ SL: 0.983
🔒 Breakeven Move: When it moves close to TP2
🎯 Take Profit:
Short Term: 0.878 - 0.864 - 0.84 - 0.82 - 0.80
Mid Term: 0.78 - 0.76 - 0.72 - 0.67 - 0.61
📝 Ensure you set entry orders to balance the trade's entry and aim to secure 30% of profits within the first two targets. Once profits are gained, adjust the stop orders to match the entry points or break-even levels.
⚠️ Disclaimer: Historical earnings cannot assure future outcomes. Is there a potential for risk? Certainly. The entire financial market is susceptible to uncertainties; any underlying factor or abrupt shift in market sentiment could overturn the current market trends and lead to losses. Refrain from undertaking undue risks that might jeopardize your financial stability. You are under no obligation to engage in this trade; kindly avoid the trade if you disagree with the trade analysis.
GIS TRADING®
XTZUSDT In Bearish ContinuationXTZUSDT is currently exhibiting a bearish trend, evident through the formation of Lower Lows (LLs) and Lower Highs (LHs) on its price chart. This downward movement is further emphasized by the creation of a bearish flag pattern, recognized as a continuation pattern indicating a potential extension of the prevailing downtrend. Additionally, this bearish sentiment is confirmed by the AB=CD harmonic pattern, showcasing a structure where the CD leg, currently forming, may signify a potential reversal zone at point D.
Given this market scenario, utilizing the Fibonacci retracement tool presents an opportunity for a strategic entry into the trade. To mitigate potential risks, the previous Higher Low (HL) is set as a stop-loss level, acting as a safeguard in case of adverse price movements. Furthermore, the trade strategy involves setting two distinct profit targets (TP1 and TP2) based on a 1:1 and 1:2 risk-reward ratio, respectively.
XTZ/USDT Secondary trend. Channel. Wedge. Pivot zone. 11 2023Logarithm. Secondary trend. Time frame 3 days. Horizontal accumulation channel. Formation of the wedge 9 months. Now there is a breakthrough of its resistance. The targets of the wedge and the channel are shown. Also medium-term targets at the exit from this horizontal channel. At the resistance of the accumulation channel be careful and protect the profit.
Now in the moment the price 0.777 (21)
Speculation and Investing. .
ICO 2017 .
5000 XTZ = 1 BTC
After ICO = pamp 11 X (resetting positions).
After 6 years .
2023 5000 XTZ = 0.11 BTC (-9X)
2023 44,494 XTZ = 1 BTC
Altcoins are for speculation and making money on volatility,
not for long-term investment (hold).
Surrender Zone. Mani management.
Several times there was an entry under support to gather liquidity (stop loss). Later, there may well be a return to it (depending on how high the price will be at the reversal) in a relatively short time (final market capitulation) from the trend position (probability of no more than that, which should always be remembered).
Line chart for clarity.
Secondary trend with downward channel (all the decline from the highs + this accumulation zone).
XTZ/USD Secondary trend. Downward channel. Publication 01 2023
Primary trend (entire trading history).
XTZ/USD Primary Trend. Downtrend channel Publication 01 2023
Main Trend 01 11 2023 Price $0.777 now in momentum.
XTZUSDT.1DBased on the provided data, the XTZ/USDT pair seems to be in a bullish phase. This is supported by a high Relative Strength Index (RSI) in all three timeframes (4h, 1d, and 7d) which indicates strong buying momentum. The Moving Average Convergence Divergence (MACD) is also positive in all timeframes, suggesting a bullish trend.
At the time of analysis, the current price of XTZ is slightly below the Bollinger Band (BB) value in all three timeframes, indicating it might be slightly undervalued and may have potential for a price increase.
As for support and resistance levels, in the short-term (4h), the price has support at $0.990, $0.870, and $0.813, and resistance at $1.121, $1.183, and $1.200. If the price breaks the resistance level of $1.121, the next target could be $1.183 and then $1.200.
In the medium-term (1d), the support levels are at $0.953, $0.843, and $0.766 while the resistance levels are at $1.118, $1.332, and $1.507. The higher resistance levels in the 1d timeframe compared to the 4h timeframe suggest potential for higher gains.
In the long-term (7d), the support levels are at $0.790, $0.647, and $0.610 while the resistance levels are at $1.270, $1.938, and $2.730. The significantly higher resistance levels in the 7d timeframe indicate strong bullish potential in the longer term.
In conclusion, based on this technical analysis, XTZ/USDT seems to have a bullish outlook in the short, medium, and long-term. However, it's important to consider that technical analysis should be used in conjunction with other research methods and market news to make more informed investment decisions.
Tezos(XTZ): Looking Potential Movement To Upper Resistance With an Elliott Wave pattern in motion, points (A) to (E), the coin has been making waves. The climb to point (C) was promising, but now we're in a critical phase as we've slipped from there, and point (D) is giving us some hope from the push it is showing us right now.
It looks like we're gearing up for a decisive moment at point (E). If the bulls can muster up the strength and we break past the resistance near the $0.90285 mark, we're eyeing a potential uptrend that could challenge previous highs. On the flip side, if the bears take the reins and we see a downturn from (E), there's a chance we could dip back down to test lower supports. It’s all about the play-around point (E) now. We personally want to see a nice rejection happen in the near future. that point!
#XTZ/USDT - Long - Potential 26.35%Strategy: Long
Exchange: BYBIT
Account: Spot
Entry mode: Market order in range
Invest: 5%
Exit:
• Target 2 : 1.266 25.72%
• Target 1 : 1.081 7.35%
Entry: 1.0070 ⌁ 1.0070
• Current market price: 1.007
• Stop: 0.846 (-15.99%)
Technical indicators:
Significant break of the $1 resistance could bring massive volume to the popular project. Could be massive value gains to unlock here if Binance / Coinbase settle with the SEC, XTZ was one of the tokens highlighted in the SEC 'securities' litigation.
• ⎿ 24h Volume: 387480.39079
• ⎿ Satoshis: 1.007
• ⎿ Analysis: TradingView
🔥The Whales Support Tezos Price: Breakout Of Huge Channel❗️🔥XTZ in a bullish trend since whale support the price at the bottom of the channel (green area). Now XTZ breaks the channel and tests it as the support which is bullish sign.
If Bitcoin continue it's grows or consolidation at least, the price of all altcoins will go up. Especially, price of altcoins that still close to the bottom as XTZ.
💥 The two targets are on chart. $2 and $4 are the biggest resistances.
like❤️ and follow
Tezos - XTZUSD - Sweet Spot TradeIn last weeks Spaces , I discussed "sweet spot trades".
Tezos ( KRAKEN:XTZUSDT ) -- prices bounced off of, and showed a clear rejection (support) of $0.65 level, which became the "head" in an upward slanting inverted head and shoulders bottom. This pattern is developing with enough clarity for me to take my first-ever position in XTZUSDT... BUT... until a decisive breakout in either direction, either above the neckline, or below it/below the right shoulder - as a failure (etc. etc.), my outlook is neutral .
I would prefer to be long, and tbh, I would not short this market even if the pattern fails. It is a good pattern to monitor nonetheless.
My goal in December 2023: stay small, don't get greedy - we're trading the highest volatility, most speculative asset class of all time.
Caution #2: Tezos has lagged the larger tokens YTD; thus, sizing down accordingly
As always, this is Not Financial Advice (NFA), Do Your Own Research (DYOR).
#jk