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XTZUSD

XTZUSD to move sideways(1D) | Price riding the lower bandMarket in last 1 week XTZUSD saw a downtrend and started riding the lower band Price volatility was very high. The market moved ~49.9%, between $3.47 and $2.31 Today’s Trend analysis XTZUSD expected to see a sideways movement as the price after riding the lower band got support from lower band Price at time of publishing: $2.56 XTZ’s market cap: $1.9 Billion Oscillator indicators are mostly neutral. RSI at 36 Moving average indicators are biased towards a downtrend. Ichimoku Cloud is neutral and Hull MA indicates a buying opportunity Volume indicators saw an increase in recent red candles while a decrease in the blue candles with the decrease in the 20-candle moving average Price expected to see a sideways movement as the price after riding the lower band got support from lower band. Most of the Oscillator indicators are neutral. MACD moving below the signal line with histogram size decreasing in the negative direction, suggesting a bearish bias. RSI at 36, below the midline still in the neutral region. CCI is around -113, in the oversold region indicating an uptrend. Another interesting point to notice here is that volume saw an increase in recent red candles while a decrease in the blue candles indicating a weakening buying pressure. ---------------------------------------------------------------------------------------- The analysis is based on signals from 28 technical indicators, out of which 17 are moving averages and remaining 11 are oscillators. These indicator values are calculated using 1 D candles. DM to get details of the above analysis and list of indicators & their values used to arrive at the above conclusion. Note: Above analysis would hold true if we do not encounter a sudden jump in trade volume . ---------------------------------------------------------------------------------------- If you find the analysis useful, please like and share our ideas with the community! - Mudrex
COINBASE:XTZUSD
by Mudrex
4
XTZ currently at a historic support. How to play it?While XTZ has disappointed many because it hasn't broken out of this range, it's still been VERY profitable for anyone who traded it. XTZ is currently at a solid support level. I personally entered a long position at 25k sats, a bit premature but I am ready to exit. According to the previous XTZ price pattern, I expect at least 20% up to 47% BTC gains in the upcoming 7-15 days. LONG CASE: Buy @ 25k - 27k sats. TP1 @ 31k sats. TP2 @ 36k sats. SL @ 1D close below 24k sats. SHORT CASE: Sell @ 24k-23.3k TP1 @21k sats. I will post more updates this week on the BINANCE:XTZBTC pair. Feel free to challenge my TA in the comments, the best way to learn is through discussion!
by BlackbirdCrypto
Tezos (XTZ) - September 7Hello? Dear traders, nice to meet you. "Like" is a huge force for me. By "following" you can always get new information quickly. Thank you for always supporting me. -------------------------------------------------- ----- Make sure you can get support at point 2.4614. You also need to see if it can rise above the uptrend line (2). You should also check if you can ascend to the critical section of 2.8886-3.2 to gather the force to ascend. If it falls below the uptrend line (1), it is a short-term Stop Loss. ------------------------------------------ (Bithumb XTZKRW 1h chart) In order to turn into an uptrend, it must rise above 3679.0 points. However, if it is confirmed that it is supported by rising above 3324.0 points, I think it is highly likely to rise above 3679.0 points. (We plan to publish it together with the XTZUSDT chart until the chart period is longer than about 6 months. We apologize for the inconvenience.) -------------------------------------------------- ------------------------------------------- ** 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 generating profit as a support point or segment (Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment trading. You must trade from a short-term investment perspective.)
by readCrypto
1
XTZUSD to move sideways(1D) | Trade inside the bandsMarket in last 1 week -XTZUSD saw a downtrend and got support from lower Bollinger band at $3.11 -Price volatility was very high. The market moved ~12.9%, between $3.51 and $3.11 Today’s Trend analysis -XTZUSD expected to see a sideways movement as the price saw support from the lower band with Bollinger band seeing a fall -Price at time of publishing: $3.27 -XTZ’s market cap: $2.43 Billion -Oscillator indicators are mostly neutral. RSI at 45 -Moving average indicators are biased towards a downtrend. Ichimoku Cloud is neutral and Hull MA indicates a buying opportunity -Volume indicators saw an increase in recent red candles while a decrease in the blue candles Price expected to see a sideways movement as the price saw support from the lower band with the Bollinger band seeing a fall. Most of the Oscillator indicators are neutral. MACD approaching from below the signal line with histogram size decreasing in the negative direction, suggesting a bearish bias. RSI at 45, below the midline still in the neutral region. CCI is around -78, increased from the oversold region to the neutral region. Another interesting point to notice here is that price is trading inside the bands with volume increasing ith red candles and decreasing with blue ones, indicating a strengthen selling pressure. ---------------------------------------------------------------------------------------- The analysis is based on signals from 28 technical indicators, out of which 17 are moving averages and remaining 11 are oscillators. These indicator values are calculated using 1 D candles. DM to get details of the above analysis and list of indicators & their values used to arrive at the above conclusion. Note: Above analysis would hold true if we do not encounter a sudden jump in trade volume . ---------------------------------------------------------------------------------------- If you find the analysis useful, please like and share our ideas with the community! - Mudrex
COINBASE:XTZUSD
by Mudrex
3
XTZ: These are the most important points to keep in mind!Hello traders and hodlers! Let’s what XTZ is doing today and do a complete Multi Time Frame Analysis (MTFA)! In the hourly chart, Tezos is struggling a lot, as the bears are dominating the crypto. It did lose the purple trendline , which was the first sign the trend was going to get weaker, but now it is doing descending tops and bottoms , a trait of a bear market. Right now, XTZ is doing what it was supposed to do in a bear market: Seeking previous supports . It is very close to the pink line, and the next target would be the blue line around$ 3.21. Beyond this point, there’s the yellow line at $ 3.10. If XTZ closes above the green line, we’ll see some good rection . Let’s see the daily chart: Yes, the situation is bearish for Tezos, as it is still trading under the 21 ema . But the good news is that we have a clear support at the purple trendline, and the red line is another important point. If XTZ closes above this level, it will be a good sign in the daily chart. This is important, because the reaction must start at the hourly chart, by closing above its green line. Then, it might have the strength to close above the red line in the daily chart and do a false breakout from a bearish pivot . All near the support at the trendline. If XTZ is going up, now is the perfect time for a reaction, and we are going to have our answers quickly, in the next few hours/days. Either way, let’s see the weekly chart: Technically, there’s still room for XTZ to drop. It could retest the black line at $ 3.1294, or hit the 21 ema, which is something we don’t see since this bullish engulfing. My opinion: I’m neutral on XTZ, and I’ll only be bullish if we see the reaction mentioned above. I’m skeptical about a further drop to meet its supports at the weekly chart, but I don’t discard this scenario. Therefore, I’m neutral, at least for now. And if this idea helped you, please, support it! And I invite you to follow me to keep in touch with my daily analyses!
COINBASE:XTZUSD
by Nathan_The_Finance_Hydra
14