XTZ/BTC upside correction expectationIt seems the breakout to the upside is just a matter of time...
XTZBTC
XTZ/BTC (1600 Sat Major Support?)💎Technical Analysis Summary💎
BINANCE: XTZBTC
-Tezos is trading inside a descending channel
-The pattern is Bullish if breakout to the upside
-The major support area is at 1600 range
-That zone is tested support twice and saw an upward move
-If XTZ will continue its downtrend, it will likely test this region
-I recommend buying the breakout of the channel to reduce the risk
-Midterm target is up to 2400 sat previous support area
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XTZ/BTC - ATS SWING BACKTESTScript settings for 6H timeframe:
· Signal calculation type - "high"
-TP for Long - 35%
-SL for Long - 4%
-TP for Short - 30%
-SL for Short - 6%
Long idea - XTZ/USDHello!
We advise that you pay attention to XTZ, a coin with a strong base and chart.
Globally, it has been in an upward trend for almost two years.
Within the framework of this trend, the zone for buying is located in the area of $ 2
Just wait confirmation from ATS
XTZ / BTC - way to oversoldHidden bullish divergence coupled with a 5 wave correction from previous high. Possible another 20% down from here should BTC and the whole market retract more but I would start ladder buying from this moment onwards. BTC Dom. pierced immediate resistance but more overhead horizontal resistance and descending trendline is intact so should we see a break in the stock market, where the correction should also be finishing soon (hopefully), BTC going down a bit further and then relief rally for the whole market.
$$$XTZ$$$Hi There !
As I Mentioned in previous charts as predicted, now swing trade could be a good option !
Risk and reward : 8%
Cheers Happy Trading !!!
Potential Ending to A Half Year Long CorrectionInspired by the idea
I can see how this ranging could be a variation of the double three complex correction fbs.com with an ending of expanding triangle ewminteractive.com
Resumption of XTZ ;-) Resumption of XTZ
With Bitcoin currency pairs.
Indicators indicate good growth of up to about 20%.
XTZ/BTC Bullish Divergence on 12hLong to the nearest resistance which is also around 200 EMA for 12h (100 EMA on daily)
Right now the price is right on the cusp of break out point of this descending channel. Conservative trader can enter after confirming the break out, aggressive ones get in now.
XTZBTC is in a very interesting placeHi all,
Just a quick TA from me.
The chart says it all, have a look around, zoom in and see how the down trend support line shows that XTZBTC is in fact in a bull flag.
There is of course a very real chance that the markets correct some more if the Dollar has a minor correction rally before it's inevitable further downside.
If we did breakdown I think XTZBTC would just make another bear trap / failed breakdown and that it would in fact just be an even better better place to buy.
This is not financial advice by any means, these are just my thoughts so trade and be safe :)
What are your thoughts?
Last hidden support channel?Related to my first idea. There is still some hope left.
Seems a last hidden support channel has raisen. The green line goes back to 7 Nov 2019.
Three days in a row strong support same price. Shows a chance for growth.
Remember even Chainlink needed 7-8 months before it's big breakout.
Stop loss below 2200 sats.
tezos everyones least favoriteTezos has proven to be a failure for many traders. Its quickly become one of the most popular revenge traded charts and ultimately rekking everyone who trades it.
I actually think xtz has bottomed, and there is no where but up from here, as it gains momentum it should rocket it to new highs because everyone will buy it to "get their money back".
XTZBTC - hidden bullish divergenceXTZ hasn't done a whole lot lately but we should start to see some upside shortly (1-2 weeks).
As of right now on the weekly chart, we have higher low on the price and a lower low on the RSI = bullish divergence.
I believe XTZ to be one of the gems over the next year.
not trading advice
thoughts/comments?
TG
XTZBTC The Tezos syndrome. Time to buy.XTZBTC has been one of the most consistent pairs throughout the year 2020 so far. So consistent, that in fact helped me calculate the exact top and take a sell position and hit the target with surgical accuracy as you can see on the idea below:
Now I believe it is time to start buying Tezos again as the price has made successive 1D closings above the (blue) annual Rectangle's Support and the LMACD is close to making a bullish cross. See how the LMACD is an additional tool (a little lagging but still quite effective) in determining tops and bottoms.
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$XTZ bullish until it closes a week below 24k sats$XTZ bullish until it closes a week below 24k sats
Tezos on it's last leg?Mixed signals. with higher volume then couple months before. Bearish red wave continuation till mid september. Long if support trades on time above the blue line in. Short if it falls or consolidates longer.
Hard to say a target, since it consolidated for a long amount of time.
Just to point out. The longer it consolidates, the more bears losing momentum
XTZ Short - Similar Pattern as last cycle on the weeklyPrinting a weekly red candle for Heikin Ashi candle. Looks like the beginning for a downtrend.
Tezos / Bitcoin Fresh setupHi
We can see clear chart on pair XTZ/BTC, bullish signals.
Entry: 0.0002420 - 0.0002500
Targets:
1. 0.0002710
2. 0.0002950
3. 0.0003300 (mid term)
SL:
0.0002300
Good luck guys, always do your own research! :D
