XTZUSD
XTZUSD Expecting strong 3-month leg to $9.00Pattern: Fibonacci Channel on 1D.
Signal: Buy as the formation of a 1D Golden Cross has been since 2019 the signal of further upside continuation. Has many similarities with the December 2019 Golden Cross.
Target: 9.000 (contact on the 1.00 Fibonacci as well as the 1.618 Fib extension from the former High).
Most recent Tezos ideas:
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Accumulation of XTZ?
Weekly volume is picking up for XTZ it's been steady up since the start of the year
Weekly and daily energy is charged up
Weekly and daily charts are trending up
On the weekly chart it's in heavy accumulation zone ($2 to $2.90, currently holding at the upper threshold)
Outside of TA:
Coinbase is offering a 4+% APY rate
Other wallets and exchanges are allowing staking (have been for a while now)
Garyscale registered a Tezos Trust last month
U.S. Inflation concerns
Tezos it's break out!!! Bull run began!!!Tezos it's into this break out of the resitance of $4.50 USD. Now, Tezos it's above of this price and in some moments, Tezos have a cotization above of $5 dollar. But looking this crytpocurrency, we see that Tezos it's leading with the bullish sentiment to $20 dollar.
In Daily timeframe, it's the better to trade Tezos, but take in reference the H8 timeframe to look this trade to entry to long position in Tezos.
Sincerely, this crytpocurrency it's become more popular and unique crytpocurrency, but I do not have any Tezos coins becuase as Tezos I appreciate much, but I'm so enfocous to invest 5 crytpocurrency and that are; Bitcoin, Cardano, Ethereum, Chainlink and XRP. But I can to trade crytpocurrencies rest that I do not invest just to see their forecast.
If you're invest in Tezos, noticed that these are my 3 targets: $20, $100 and $500 USD to take profit in your investment. But i just trade this par, but not invest. I just choose my potentail crytpocurrency in my personal opinion, but I always follow the crytpocurrency trend to know, trade and more.
If you like Tezos, you can to support this trading idea for other what they have a plan to know to trade Tezos.
XTZ/USD - At resistance, can we push beyond $5?XTZ finally did a nice pump after doing nothing for half a year...
Now we find ourselves at this resistance area around $5 where I find it a bit unlikely for XTZ to push higher directly, we may need a bit of refueling here before we can exit this massive channel.
Goin above this channel would be extremely bullish, but that is still to be confirmed, last two times we were this high we corrected down more than 60%. So do NOT FOMO here... nope. FOMO if we break this channel resistance. What I mean is going beyond $5.5 and pushing hard with volume.
Best approach now... is to do nothing and simply wait for price action to develop. If we are spanked down, then yeah, try again in one year. :P
Indicators are looking bullish, but overextended, maybe another push, hard to say. Keep a close eye. If you have a stack on XTZ, good to secure some profit here to not lose it all.
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Tezos (XTZ) Analysis - Sitting at key levelTezos has just hit the a key level formed in august last year. It seems to have printed the startings of a cup and handle pattern. Time will tell.
I would expect Tezos to take some time to conquer the 4.5 dollar key level (creating the handle shape of the cup and handle). If this happens a great entry would be after the handle breaks the top of the cup.
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This is not financial advice
XTZUSD: BUY/HOLD NOW TP bulls +80% gains(SL/TP)(NEW)XTZUSD: BUY/HOLD NOW TP bulls +80% gains(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
IMPORTANT NOTE: speculative setup. use FIXED SL.
🔸 Summary and potential trade setup
::: XTZUSD 3week/candle chart review/outlook
::: BULLS still maintain control
::: noteworthy compression and breakout
::: target is 6.80/7.00 based on measured move
::: BUY/HOLD and get paid
::: market buy / buy dips
::: final TP is +80% gains
::: already on the move
::: overall chart looks good
::: expecting PUMP to last until TP
::: BULLS should get ready to market buy / buy dips
::: we are setting up for a nice move
::: recommended strategy: BUY at market / buy dips
::: TP BULLS is +80% gains
::: SWING trade setup / no fast gains here
::: BUY/HOLD / do not expect miracle gains
::: good luck traders!
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BULLS/80% gains
::: Sentiment outlook short-term: BULLS/80% gains
Tezos (XTZ) - February 10Hello?
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It broke above the important point of 3.3269 point and moved higher.
We have to see if we can ascend above 4.0100 points.
If you move down from the 3.3269 point, you may fall below the 2.8221 point, so you need a short stop loss.
If it gets support at the 4.01 point, it is expected to rise above the 4.4936 point.
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** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Hence, 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 from the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.)
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on 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 segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits or losses can be preserved or additionally entered through installment transactions. 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 do not trade 24 hours a day.
G1: Closed price
G2: Market price at the time of opening
(Example) Gap (G1-G2)
Tezos positioned for its highest monthly closeThe last 6 months have been trying for Tezos holders, but patience might soon pay off. XTZ is currently trading in the $3.50 range, and should it break we could see new all time highs shortly thereafter. If the February close is indeed the highest mark yet, the remainder of 2021 should be electric for Tezos.