XTZETH - A Closing of Trend Lines Indicates One ThingTaking a look at Tezos and we can see clear trend lines both above and below the current market price - we've had some cracking trades through Crypto Tipster v2 over the last few months and years and this could well be another one!
After a little fakeout on the downside we're now trending back within the historical range with one target to aim for - the top of the trend range!
There's a few areas of resistance that we could be aiming for, but only one of these corresponds with that upper resistive trend line @ 8513.
This represents a very handsome 25% gain through until mid March sometime, we'll be sure to keep you guys updated with this one!
If you enjoyed or agree with this idea - drop us a comment, like & follow! :)
XTZETH trade ideas
Tezos / Eth - Free Ethereum anyone ??Following a 80%+ correction and oversold condition (orange column) the above 10-day chart has printed an ‘incredible buy’ opportunity.
Trading smart contract pairs is an excellent way to protect you dollar profits or better still increase them further, which is what this trade is about. (Dash/Zcash/XMR being another example of trading pairs).
Swing trading between like for like pairs is very profitable yet I never see many ideas like it on tradingview. The best part is you need only do it a few times per year - stress free.
Why bullish on Tezos?
1) The 10-day candle ‘Dragonfly DOJI’ + recent retracement
2) MFI resistance breakout (orange circle)
3) Stochastic RSI breaks up 20 following an astonishing 421-day period since it crossed down 80.
Good luck!
#Tezos / #Ethereum Traffic Lights! Wedge, Measured Move (looks so large as on log chart).
Key levels in traffic light fashion.
Breaking outThis is probably the biggest wedge I have ever seen in crypto, anyway today XTZ finally broke out the death spiral of a falling wedge.
XTZ-ETH local trend, wedge Greetings,
let's look at the daily chart for more local work.
The price of the tool has formed a falling wedge figure, which can be reversed for a local downtrend. Also, a symmetrical triangle has been formed inside the wedge, which itself is a 50-50 uncertainty figure, but considering the local trend downwards, it is most likely a bearish signal. A bearish dodge is also visible for 6.10. In addition, there is no volume, and in general the market is locally bearish. There are all chances that the wedge will reach the horizontal support 50-51. The entry to the wedge breakdown or rollback after the breakdown, and the presence of the buyer volume. Targets the wedge 120-125.
The main trend of the tool showed in the past idea.
This is not a signal to buy, but information for observation. Always assess your risks and put a stop loss.
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XTZ-ETH main trendGreetings,
The chart shows the main trend, timeframe 1 day. Upward channel, width 200%. Now the price is under the lower limit of the channel, the support is a horizontal level (zone) 0.0062. It is important to return the price to the channel to preserve the upward movement. Fixing below the horizontal zone may be the beginning of the main trend reversal, which will be undesirable for the coin itself as large coin holders may enter the market by collapsing the price. Fixing below the channel, updating the minimum may give a good signal for a short position. For a long position, I would wait for the price to return to the channel.
This is not a buy signal, but information to watch out for. Always assess your risks and put a stop loss.
If you liked the idea, support with liking and subscription, it motivates for new trading ideas.
Buy XTZ Sell ETH alt/alt ratio tradeDaily
Double bottom
Price rejection indicated by long wick from previous candle
MACD showing uptrend in a price consolidation, accumulation by the indicator itself
Stoch thrusting upward, divergence exposed
T/P .0088??? - from weekly; below the cloud
R/R 1.1
S/L .0055???
Enter @ .00679 or lower from 4hr, small gap to fill and price action is leading the T/K by a few hours; this will increase R/R marginally
Profit weekly!
Sell XTZ to Buy ETH Alt/Alt ratio tradeStoch yielding first sell signal for over bought condition
MACD peak divergence, no contracting to a convergence indication
Price action overvalued relative to Tenken Sen and Kijun Sen
Consider Senkou A/B as resistance/ stop loss area
Down trend on 4hr chart commenced
R/R 1.2
T/P Tenken Sen/FV .0096??
S/L .0118??
As always early on the trade, so wait for candle to close
cross reference XTZ and ETH in fiat for confirmation bias
Profit NOW!!!
Tezos vs EthereumBattle of the smart contract platform begins. Last year was all about Tezo's and Chainlink - I think the spotlight will be shinning elsewhere in the coming months. This 4-day chart of Tezos vs Ethereum shows a bearish divergence within a rising wedge pattern since December 19. The 4-day chart prints a new candle today and we can already see it is most probable that it'll break down. Volume is also slowing down.
Generally I'm bullish on Tezo's, but not right now. Not until that RSI resistance trend line breaks and become support, which is sometime early next year. Ethereum all the way this year folks.
Sell XTZ Buy ETH ALT/ALT ratio tradeR/R 1.56
S/L .0147
T/P .0083(ish) for minor support and .006 for major support
Stoch indicating price consolidation
MACD looks to be compressing toward negative trend
Profit Trading
XTZ-ETH on Long Bull TrendLooks like the XTZ will stay bullish for the last mile. The value start to reach the top of the RSI and will run like that for a couple of weeks or months until it drops a bit. Put your alerts and stop losses in place and act careful.
XTZETH, bot works >100% profit for 5 months.Guys, I posted a copyright bot. Rate work. The algorithm is based on the X-Volume indicator.
Kraken: XTZETH 2h, bot works >100% profit for 5 months.
Inputs at the time of a strong imbalance of market forces. The transaction must be opened 10-20 seconds before the signal candle closes in order to coincide as much as possible with the closing price.
Questions and suggestions in the development of the bot in a personal email. Naturally, it will soon become paid, therefore, we evaluate and trade. I want maximum criticism and constructiveness.
