Tezos it's into this simetric triangle!!!I'm in long position from the past week. And this it's just my update for who want to know the Tezos situation. Im in long posiiton from the price of $3.43 USD with the SL at $2.60 USD and my target will be $7.50 USD. And also, if you look for example: in H8 or H12 timeframe, Tezos form like a bullish divergence in H8 timeframe and in H4 Tezos could to form a Shoulder Head Shoulder (inverted), that could be a good signal for this cryptocurrency. But my main enfocous it's from Daily timeframe, I see a good panoramic for Tezos!!!
And also guys,I invite you to check out my Tezos recent analysis that you can to watch and know the panorami in 3 Daily timeframe.
XTZUSD
This it's very key for Tezos!!!I see that Tezos could to continue up toward the resistance of $7.80 USD. Also, Tezos make a lower higher in the price if you mark a trend line up, and the strong support st $2.90 USD that I mark this horizontal line in bold. And I show the supports and resistances. Now, this it's my forecast how I see Tezos in the next trade. For that, I thinking to get a profit when Tezos reach the $7.80 USD buy. As I'm in long posiiton in this cryptocurrency, you can to buy this cryptocurrency in this accumulation zone to trade.
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But guys, this it's my reccomendation for you where you can to trade cryptocurrency and no matter if you deposit in USD, Euro or cryptocurrencies like Bitcoin, Ethereum or Cardano or what I mentioned above. Or if you want to trade Tezos to $7.80 USD, another good option for who are Tezos lover, you can to deposit Tezos and open up a Tezos account on Simple FX broker.
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Tezos (XTZ) - June 14Hello?
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(XTZUSD 1W Chart)
If the price holds above the 3.34063000 point, we expect the uptrend to continue.
If it enters the long-term investment zone below the 1.73723670 point, it is likely that it will take a long time to rise, so you need to trade cautiously.
(1D chart)
We'll have to wait and see if we can climb above the 3.34063000 point.
If it goes down, you should check to see if it finds support at the 2.31528369-2.83410604 area.
It needs to rise above the 3.87175079 point to find support in order to turn into an uptrend.
If it rises after going sideways in the 2.83410604-3.87175079 section, it is expected to rise above the 4.62820566 point.
However, if it does not break above the 4.62820566-4.90939554 section, it is expected that the downtrend will continue, so careful trading is required.
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(XTZBTC 1W Chart)
You should watch for any movement that deviates from the 0.0000727-0.0000973 interval.
In particular, you need to make sure you can move up along an uptrend line.
It is expected that it must rise above the 0.0001211 point to turn into an uptrend.
(1D chart)
We should see support in the 0.0000790-0.0000851 zone and see if there is any movement outside the downtrend line.
To convert into an uptrend, it needs to rise above the 0.0000974 point and find support.
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We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** See support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
Explanation of abbreviations displayed in the chart
R: A point or section of resistance that requires a response to preserve profits.
S-L: Stop Loss point or section
S: A point or section where you can buy to make a profit as a support point or section.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they are not traded 24 hours a day.
G1 : Closing price when closed
G2: Opening price
(Example) Gap (G1-G2)
I'm bullish in Tezos!!!Tezos it's so near to break out inminent. I decide to trade Tezos until 2 specific target. You can to get the target until $5.76 USD or keep this position until the $7.70 USD to touch the maximum price. Tezos price it's around of $3.50 USD and I buy 234 Tezos contract in Simple FX using my Cardano account to accumulate it.
Recently, I have accumulae 2,000 Cardano coins in my Simple FX account, that it's sum with 10,000 Cardano coins. But I want to talk about of one Cardano strategy that will be good for you and how you can to accumulate Cardano, and use this Cardano generated by your trading account to invest and hold by long term. This strategy it's called accumulate 1,000 Cardano coins, repeating tis proccess to get 1,000 Cardano coins and withdraw and generated another 1,000 Cardano coins.This it's fabolous for you if you beleive that Cardano it's your best cryptocurrency. MY GOAL IT'S TO REACH 20,000 CARDANO COINS.
s3.tradingview.com
This was the yesterday analsyis of Tezos, we see that Tezos it's look extremely bullish to $7.70 USD.
Tezos it's following this trend line to bull market!!!Tezos it's look good to trade, hold and invest in the $3 USD approximately. I like this cryptocurrency and I admire this cryptocurrency and it's so similar with Ethereum or Cardano, but in the future, I interesting to know more of this cryptocurrency to invest by long term. But my main enfocous it's in Cardano, but in the future, this cryptocurrency show us that it's a solid cryptocurrency that you can to invest now or in the future if you have your main cryptocurrency working day to day.
Tezos could to go back to $8 USD in few weeks.
XTZ/USDT has a expected bullish movement.Hi every one
TEZOS / TETHERUS
XTZ/USDT has formed an ascending triangle pattern this means the price is getting ready to do It's expected movement (AB=CD) but we have to be patient until the break out happens!
Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Thank you for seeing idea .
Have a nice day and Good luck
XTZ Global landscape 777 zone?The price is moving in an uptrend.
Important areas to work with are indicated.
What Is Tezos (XTZ)?
Tezos is a blockchain network that’s based on smart contracts, in a way that’s not too dissimilar to Ethereum. However, there’s a big difference: Tezos aims to offer infrastructure that is more advanced — meaning it can evolve and improve over time without there ever being a danger of a hard fork. This is something that both Bitcoin and Ethereum have suffered since they were created. People who hold XTZ can vote on proposals for protocol upgrades that have been put forward by Tezos developers.
This open-source platform bills itself as “secure, upgradable and built to last” — and says its smart contract language provides the accuracy that is required for high-value use cases. According to Tezos, its approach means that it is futureproof and will “remain state-of-the-art long into the future,” meaning it can embrace developments in blockchain technology.
The technology underpinning Tezos was first proposed in a white paper that was released in September 2014. After a series of delays, the Tezos mainnet launched four years later.
Last expectation: XTZ under 1.92I hope this is the final leg down, and after this the bull market will come back.
Today we had yet another dump, and I've cleaned up my graph and tried to make something out those Fibonacci's.
0.382(7.1USD) was resistance two times.
0.618(6.3USD) was resistance two times.
0.786(5.8USD) was support two times.
Once 0.786 was broken through with ease, 1(5.1USD) was support once, 0.786 became resistance, then it dumped hard.
May 19th to 24th (today)
0.236(4.4USD) was resistance two times.
Price floated around 0.618(3.4USD) with 0.5(3.7USD) being resistance.
0.786(2.9USD) was support two times.
Today at 12:30 we fell right through 0.786, to retest 1(2.4USD) as support. It held, once.
My last expectation:
0.786(2.9USD) will be retested tonight. If it continues to be resistance, we'll retest 1(2.4USD) and I hope we fall right through it (like on May 19th), in order to be saved by 0.236 of the next period (1.9USD).
Otherwise, if we come over 0.786, I might be really tempted to buy back once we're in the clear over 0.618. I see already that my previous idea linked here (If we remain under 3.32...) is somewhat being attacked, because we dumped through 2.89 but we are currently back up a bit.
Short in the short term, long in the long term.
Note: a much better view would be obtained by looking at BTC or ETH, not XTZ. But I look at this becaus this is what really interests me.
This is not financial advice, I'm just a noob that discovered Fibonacci's.
Opinions?
Not sure why everyone has missed this, but it's not too late.I posted this idea a week ago and no one seems to see the obvious pattern.
Buying at 4.9 USD
SL 3.8 USD
Looking at 100% gains, due to the previous jumps from this support level always leading to 100% gains. If XTZ falls past this level, we're looking at a significant drop imo.
If Bitcoin continues dropping this may be invalidated, otherwise, the pattern is clear and straightforward.
Tezos has a potential cup and handle brewingThis is a higher risk set up than what I normally but what is in the chart is in the chart. This would require not only for this chart pattern to perform but would also require BTC and ETH to behave over the next couple of days to week week as to not confound what is going on here.
The main chart has hidden bullish divergence on the 12 hour and the chart below has classic bullish divergence on the four hour. This suggest to me that Tezos should be moving to the neckline of the cup and handle when the falling wedge performs to the upside and from there we can see if there is enough momentum for price to break the neckline and potentially turn the previous resistance into support and have a nice impulse to the upside.
The chart below shows that the price action has found support on the 3x VSTOP and also the 20 day SMA so the chart formation has some technical support. A quick review of the 20 day SMA and VSTOP shows that when the price action breaks them as support that the decline is steep, once again meaning this to be a high risk trade and set up if traded without a good stop strategy . Thankfully the wedge gives us a chance for a couple of technical entries. I made mine a few hours ago betting on the wicking action at wedge support is a low. Break out traders could look for trades on the wedge or cup neckline or should price action retest the broadening ascending wedge support later on after a pull back.
Risk reward to retest ATH is pretty decent and with the bullish structure I am in the trade. Thanks to the VSTOP and falling wedge I should see this perform sooner as opposed to later.
s3.tradingview.com
XTZ moon shot $8, $9, $10?XTZ has double tested the 6.00 mark and shown strong support. 3H chart shows a clean 'inverse head and shoulders' pattern forming. If this is the case than we are in for a wild ride. Possible that 6.20 range will be reached one last time before beginning the leg up. If this plays out I could see the following targets 8$, $9, $10 being very reasonable. These are new highs for XTZ so it is hard to say where the top will be. XTZ/BTC chart shows ready for breakout as well. When both XTZ/BTC and USD pairs begin moving up simultaneously we will see fast movement upwards.
XTZ ready for next leg upXTZ is now at the horizontal support area and also respecting the uptrend line. If you missed entry in XTZ earlier you can build your position here for the mid-term. Tezos has one of the most active teams in the crypto community.
Buy Zone: $5.8 - $5.9
Target: $6.4 - $6.9 - $7.6 - $8.2 - $8.95 - $9.7 - $10.3 - $11.4