XTZ moving upIn my last chart, xtz broke the trend line. Now XTZ is moving up and heading to 2.9. Hope this breaks.
Xtz
XTZ Break its Falling Wedge : LongXTZ finally broke the correction falling wedge that it had formed in 190 days, and I think it has a long position and a proper buy setup for long term .
Yellow rectangle is a support level and It had potential to pullback.
XTZUSD: Bearish or Bullish MomentNoticed this long-term wedge forming pretty heavily on XTZ. I'm currently holding, but if this breaks down I'm not sure what my strategy is going to be. I'm leaning toward shorting it only because of an impending BTC correction that I'm sure will cause XTZ to tank for a great buy opportunity. Thoughts?
Last Tezos resistanceOnce tezos closes above the grey box look for buying to accelerate rapidly. Good chance it retests and breaks USD ATH's soon after resistance is taken out.
The price has passed through the middle of the channel with relaThe price has passed through the middle of the channel with relatively good resistance
And it will continue to the channel and you can make a small profit
And if the canal roof is not broken, it is suitable for the position.
XTZ just hit my TP1 ..the full trade insideXTZ / USDT (SIGNAL in channel)
Target 1 done giving us quick 6% Profit in spot alone 🔥
You can check Full trade BELOW👇👇
BUY :
Around 2$ now (50%)
Around 1.8$ (50%)
STOPLOSS :
4H candel closed below 1.77$
SELL TARGETS :
2.17$ ✅
2.39$
2.63$
3.91$
5.00$
Tezos - potential big pump after this BTC correctionTezos has not performed as well as other alts recently. That said, its price is also fairly resilient as BTC is correcting right now. In fact, XTZ is currently at a very strong support zone: Weekly P pivot, Ichimoku cloud and Kijun line on 4H. I think it reasonable to jump in here with this long set-up:
Entrance price: ~$2.13
Stoploss: $1.93 (below S1 weekly pivot)
Target: $2.9 (R5 weekly pivot). $3 has been a strong resistance level, so let's see how price reacts there.
With this set-up, the R:R ratio would be ~4.5. Have fun trading.
XTZUSDT - Potential buy entry 🔼XTZUSDT is printing an ascending channel on the Daily timeframe.
Price is testing the ascending channel support.
RSI is printing a bullish divergence signal.
Price is printing a falling wedge pattern.
Buy entry ⬆️ - breakout above the falling wedge resistance.
Target 🎯 - resistance levels.
Setup invalidation ❌ - breakdown below the ascending channel support.
✳️Tezos/USDT Analysis (14/12) #XTZ $XTZXTZ is moving in the Megaphone pattern and the 2.1$ zone is very reliable to give us a good profit.
XTZ is on the way to conquer the 2.5$ zone, which is a very important resistance zone and a decisive factor for the next trend of XTZ. If XTZ conquers this area successfully, it will surely increase strongly to 3$ - 3.5$ and even 4.2$ in the end of this December.
However, if XTZ loses this 2.1$ zone it will quickly fall back to 1.5$, which is a very strong support zone that we should buy.
📈BUY
-Buy: 2.05-2.15$.SL if B
📉SELL
-Sell: 2.5-2.6$ if B.SL if A
-Sell: 2.9-3$ if B.SL if A
-Sell: 3.45-3.55$ if B.SL if A
-Sell: 4.1-4.3$ if B.SL if A
♻️BACK-UP
-Sell: 2.05-2.15$ if B.SL if A
-Buy: 1.5-1.6$.SL if B
❓Details
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
XTZUSD 4hStrong close above .236 Fib, then we might look at 2.1,2.15
.382 Fib providing good support
XTZ - All Signs Point to Moon? 100%+XTZ is coming up to important fundamental and technical milestones. A breakout is likely.
TEXTBOOK bullish fractal present, with the current bar being right around the text book buy point.
Overall we see a big uptrend, which we are near the bottom of.
RSI is in an aggressive spot, with room to grow; a formation we're seeing across the markets before a breakout these past few days.
MACD is ready reverse with a shrinking bear divergence.
Volume is shrinking quickly.
And fundamentally, XTZ staking testnet for RAMP DEFI launches in 2 days.
I don't know how much more you need to be honest. I can't find much reason not to buy .
This is not financial advice. But if you want financial advice, don't buy a boat! Total money pit. Get a friend with a boat! Now there's an investment 🍻
Tezos - Decision PointTezos is reaching a critical decision point where long term ascending trendline meets shorter-term downtrend. With what seems like the precipice of alt-season, coupled with the strong price rebound and reclamation of said trendline after the at crash a few days ago, I'd expect XTZ to make an upward break and begin posting some strong gains going into 2021. Not to mention the EDO proposal, brigning zkSNARKS (privacy features) to Tezos, is on track to go live in February. Stars aligning.
XTZ at Support, Good Buying opportunity Tezos has tested the major support zone. XTZ has a very good community, and the team is continually working on the developments. After the breakout, XTZ will go like Waves. XTZ is a good coin for long term investment also.
Buy Zone: $1.85- $1.95 (add more in dips)
Target: $2.25- $2.45- $2.7- $2.95- $3.5- $3.8- $4.25
XTZBTC - Monthly Bullish Scenario (1M Timeframe)Expecting XTZ to hold this level against BTC, will depend on monthly close.
XTZUSDT - Daily analysis XTZUSDT is printing long term ascending channel.
Price 8s testing the channel support.
We could see a bounce off the support ⬆️ or a breakdown below the channel support ⬇️.
XTZ Tezos Bullish Wedge To Bullish Wedge RetestMan, sometimes i can be such an idiot :). I noticed yesterday that i accidently posted 3 analysis as a hidden post, then i posted all of them again as a normal post, now i am seeing i posted this one twice as a hidden post :),
One would say, if there was a moment for alts to rally, it would be now with Bitcoins big ATH breakout. But why are most of them barely moving? The big alts like ETH and LTC and a few more did move quite a bit, but i see that many of the smaller ones (didn't check all of them). I don't have a theory on why this is, but as during most rallies since 2019, most of the worlds eyes are on Bitcoin and not on the rest.
So even though the setup is here for Tezos, i honestly don't know if it will play out or not, but there is potential. On the right it looks like a bullish wedge, as long as it doesn't drop below the green box, the wedge is in play. The target of the small wedge is around 2.4. The big question though is, if this small wedge plays out, is it just a small rally until the 2.4 or will we see those old school pumps like we saw in the past? For that, it's important to see it pump past that 2.4 target. So reaching the 2.6/2.7, if that would happen, then more would be possible for the coming weeks/months.
The hidden post:
Previous analysis:
