Tezos (XTZ) breakout from cup and handle: +70%Bitcoin made its move and yes I shouldve sticked with my original analysis of the TOTAL2 cup and handle; which did work out like predicted. The last dump did throw me off a bit but its not a big deal, we did not miss out. We just missed out on BTC and a bit on ETH.
XTZ (and most alts) are yet to move and XTZ will break its ATH soon and has a breakout target of well above 10$ per coin. Tezos has strong fundamentals, technology and is increasingly popular: could we see a Solana-type run for Tezos? We need to clear ATH for that and we are in full on price discovery!
IMPORTANT: this is not financial advice, trade or invest based on your own risk and research.
XTZUSD
Tezos XTZ is challenging his lifetime resistanceXTZUSDT reached a new ATH at 9.171, and was fall sharply to 7.2.
Look at the XTZBTC chart you will see a 3-year trend line play as a resistance which stopped XTZ from going higher.
I can't tell you when XTZ will break this line. But this pattern reminds me of Bitcoin price action back in late July 2020:
After Bitcoin broke-out from its 3-year resistance, it went up 6x within several months, and is still in uptrend.
As I as before, we have never seen a REAL pump on Tezos before. It is in accumulating for years.
Watch closely on XTZBTC. When it breakout, it is a must-buy. NFA.
COINBASE:XTZUSD
BINANCE:XTZUSDT
BINANCE:XTZBTC
Calling the top for $XTZ here.Calling the top here for Tezos. Have been looking at this WXY pattern since last year. Still playing out.
Looks like it could have topped here with an elliott wave WXY pattern. It hit the 1-to-1 fibonacci extention of wave (W).
My idea is that this would move up from the bottom looks corrective. Might be the reason why it pumped very slow as well. It didn't had real explosive pumps.
Back to 50 cents possibly.
Also interesting to watch:
"Arab Bank Switzerland announced Tuesday
that it will integrate staking, trading and
custody services onto the Tezos blockchain’s
native token (XTZ) in a bid to provide a digital
asset envieonment for institutions,
corporations and high net-worth individuals.
"
XTZ Going for ATH!!!Tezo's has been really showing its strength as a project as of late and personally i think a lot of big players and even retail players are really starting to realize its potential! We are looking extremely bullish and have been making some nice gains lately, we have been pushing upwards in this ascending channel since back in July, we currently have exploded upwards out of the channel taking out key resistances along the way! Really interested to see what XTZ is going to bring once the Altcoins really start to pump hard, would be foolish to disregard Tezos as a potential front runner once we really start picking up momentum! Whats even more exciting is that XTZ is only aprx 50% off its ATH and you guys know what comes after the ATH... PRICE DISCOVERY MODE!! First looking at the high and low pivot levels, we are very nicely sitting above the most recent high pivot level and a close above here tonight would be very key and add to the already massive bullishness, and in regards to our next major resistance level i would say we are set for the 0.2 FIB (FIB retracement is drawn over all time) we might hit a couple weaker resistance levels on the way but how XTZ has been moving i wouldn't see us having much trouble blasting through! Also keep in mind we had some huge bank news today regarding XTZ once again adding to the bullishness. Now the Bollinger bands look very nice we are starting to take a ride up the top band and we are only on our 3rd candle, usually big ride ups on the top band can go on for upwards of 5-6 & even 7 daily candles. Something we want to see on the bollinger bands is for that midline to start heading in the upwards direction, this is additional layer of support and will help keep us from falling. Now the MACD looks very good we are seeing increases in our histogram day after day and they aren't very small increases they are on the bigger side compared to normal, showing us the rise in bullish momentum.We also notice big big separation in the MA's with the blue starting to fly to the upside and the orange lagging behind, would definitely like to see this continue on as it lessens the chance of us having a near bearish cross, with big separation price action can afford to have a day or two cooldown without actually getting a bearish cross or close to bearish cross, and likens the chance of us seeing a double green MACD cycle! Not financial advice just my opinion!!
tezos (XTZ) Price Analysis Oct 5thHello To All
tezos had good movement in past few days and conquer 8$ (that act as a powerful resistance for tezos for many days) very well
the first target is 9-10 and second is 11-12 / but if you pay attention to chart realize that tezos is not ready for 10 yet,it must go dawn for while to beat 10 $ with more power in coming weeks.
we got very good support at 8 $ but if we lose it we may see 6-7 $ for a while but don't panic / tezos always reclaim
good trade to all
BIG XTZ (Tezos) PUMP and BREAKOUT but be careful...Firstly, a huge congratulation to everyone who bought XTZ for $6. If you haven't bought yet, then I'd say wait for a correction to the next support level of $7-$8. I'd say this move is mainly driven by emotion and FOMO (no disrespect to Tezos, it's a great project) as it's still over-extended. I wrote all the analysis on the chart already so I won't be doing it here like I normally do.
Have a nice day and trade money you can only afford to lose!
MY NOT SO MINIMALIST ANALYSIS OF $XTZ9.22.21 2314H
Analysis of $ALGO
ENTRY ALERT: POSSIBLE ENTRIES
HOW TO READ MY CHART
Indicated are key support and resistance levels using small and large trading range boxes for ENTERING A SWING TRADE (Short - Long.)
Watch out for Patterns, Divergence, EMA, Candlestick Math, and your Fibs.
Further Analysis on price action is required on a 1HR-4HR chart when entering or closing a trade, depending on your risk appetite and trading style.
Disclaimer:
The findings/predictions of the following analysis are the sole opinions of the publisher of this idea and must not be taken as investment advice.
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Tezos XTZ headed for new ATHIt would appear my previous analysis about the cup and handle pattern is playing out. XTZ Tezos is looking to head to new all time highs. The only question is how long will it take to achieve its price above $12 USD.
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This is not financial advice and is to be used for educational purposes only as I am not a financial advisor.
Happy Sunday XTZ Hodler and Traders alike!
XTZUSDT , Near First Tp and Second Tp Hello everyone
Whats up guys ?
According to the last analysis about XTZ we were published it and now its moving according exactly to our wave and analysis
We should wait for first target then after some pullback we can take other position to the second target
be Patient guys
Good Luck
Abtin
₿ XTZUSDT 1W ₿ : 03.Oct.2021 : Long ✅🚀Well, as we know , According to the first time we introduced this currency and offered to buy it, this currency has gained 115% profit . Now is another great opportunity. the TEZOS is powerfully trying to break the Pitchfork midline resistance for the third time ... From here, we can expect at least 50% profit from this awesome cryptocurrency .
⚠️ This Analysis will be updated ... BINANCE:XTZUSDT
👤 Arman Shaban : @Ar_M_An_4
📅 03.Oct.2021
⚠️(DYOR)
XTZUSD 5D Critical areaXTZUSD 5D. Has double top and retraced, touched GP and bounced, currently at 0.786 fibb resistance. if it breaks and closes 5D candle in 1d4h above white line, I'd see it continuation to above $8, ant to 1.414 fibb extension which is ATH ! On macro 7.64-8.02 is GP of the ATH retracement. It will either reject and fall to low 3's for Grand Retrace of 0.236 local and 0.236 ATH fibb and print another HL.