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XTZUSD

Tezos (XTZ) - August 31Hello? 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. -------------------------------------------------- ----- We must see if it can rise above the uptrend line (4) and above the 3.3820 point. You also need to see if you can get support and climb at 3.33. The 2.8886-3.2 section is an important section, and if supported, I think there is a possibility to create a new wave. -------------------------------------------------- ------------------------------------------- ** 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
4
XTZUSD: Trading near a support level.Hello traders and investors! The cryptos are dropping quite hard today, and XTZ didn’t escape from the blood bath. The good news is the support at the red line around $ 3.34 is holding the price well. Also, this movement seems to be just a pullback, as evidenced by the decrease in volume (red arrow). This is normal, especially after an incredible movement that lead XTZ to its ATH . Since we are in a bull trend, pullbacks are just opportunities to buy, or buy more/again. Yes, I know that today’s candlestick is quite bearish, and it could trigger an even sharper pullback on Tezos, but the hourly chart makes things not that scary: Today’s movement seems to be something systemic, as almost all cryptos are dropping today. But as we are at a support zone, the situation will become clear soon. This is the decisive point for XTZ, and if you ask me, the situation favor the bulls in the mid-term. Of course, since Tezos recently hit its ATH we may see some erratic movements, so, things are very complicate in the short-term, but the trend is still bullish, and there’re no reversal signs around. Pullbacks are different from reversal, and there’s no need to sell in panic during pullbacks. In fact, pullbacks are just opportunities. And support this idea if you liked it! Also, follow me to keep in touch with my analyses!
COINBASE:XTZUSD
by Nathan_The_Finance_Hydra
5
XTZUSD to see a downtrend(1D) | Series of HL and LH observedMarket in last 1 week -XTZUSD saw a downtrend breaking below the midline band -Price volatility was very high. The market moved ~20.59%, between $3.94 and $3.27 Today’s Trend analysis -XTZUSD expected to see a downtrend as a series of higher lows and lower highs were observed with Bollinger band squeeze -Price at time of publishing: $3.63 -XTZ’s market cap: $2.69 Billion -Oscillator indicators are mostly neutral. RSI at 53 -Moving average indicators are biased towards an uptrend. Ichimoku Cloud is neutral -Volume indicators saw a decrease in volume as blue candles were observed suggesting a weak buying pressure Price expected to see a downtrend as a series of higher lows and lower highs were observed with Bollinger band squeeze. Most of the Oscillator indicators are neutral. MACD below the signal line with histogram size decreasing in the negative direction, suggesting a bearish bias. RSI at 53, above the midline still in the neutral region with an up move. CCI is around -30, still in the neutral region. Another interesting point to notice here is that a decrease in volume is observed as blue candles are seen, suggesting a weak 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:XTZUSDShort
by Mudrex
5
Tezos Took A Beating — New Target In Sight XTZUSD hit both our 15% and 25% target... even bumping into our moon rocket icon, as per our previous Tezos analysis: Then Tezos got dragged back down with the rest of the market and now looks to be recovering upwards momentum as shown here on the 6-hour chart with moving averages now crossing over. With an 8% target back up to previous resistance, Tezos may then make another attempt at consolidating on top of that level ready for new price discovery beyond the All Time High. Build and optimise your own trading strategies with the beta version of our algo-assisted backtesting tool. Note: SparksterSignals (including our technical analysis and our algorithmic backtested signals) are not provided as financial advice.
BINANCE:XTZUSDLong
by Sparkster
1
XTZ.USDT (Y20.P3.E2.v3).Now we enter--- Continuation from the previous post on XTZ, link below ~~~ Hi All, OBSERVATIONS: ================== > The 2 Day chart has given a nice bullish candle off a strong support area and fib level in an uptrend on the macro. > The daily chart below gives indicators as a reversal with upward pressure. > 21/34 EMA has confluence with the price and trend. > BTC moving sideways > SP500 steady and likely to go slowly with some undecided upward direction, some more. THOUGHTS: ================== Buy, look at the lower time frames to decide when to go in. Cheers, S.Sari DAILY Chart: 4 HRLY chart: 2 touches to confirm support. You might want to wait for another touch but unlikely. PREVIOUS POST Have changed my mind on the ABC pullback, based on what BTC is doing for now.
Long
by ssari
Tezos Price Analysis: XTZ/USD falling Wedge Pattern Breakout Tezos bulls revive the uptrend after bouncing off support at $3.20. XTZ/USD could build on the wedge pattern breakout and achieve highs not only above $4.00 but also $4.50. Tezos bulls managed to defend the support at $3.20 following a continued breakdown from the 2020 high traded recently at $4.50. The downtrend remained unstoppable with the price breaking support after support. The buyer congestion at $3.20 this past weekend was a fresh breath of air into the bullish camp as XTZ/USD commenced the ongoing reversal towards the coveted $4.00. At the time of writing, the price is trading above a falling wedge pattern following a breakout. Tezos is dancing at $3.61 amid the push to reclaim the inches of the ground towards $4.00. The price is also trading above the moving averages too where the 50 SMA $3.50 and the 100 SMA at $3.59 in the hourly range are in line to provide support in the event a reversal comes into the picture. Looking at Tezos from a technical perspective, it becomes apparent that buyers are dominantly in control. This is reflected by the Relative Strength Index (RSI) sharp spike towards the overbought region (70). Besides, the Moving Average Convergence Divergence (MACD) cross above the mean line (0.00) confirms the bull’s increasing influence over the price. Tezos is poised for more action above $4.00 and this will mainly build on the breakout above the falling wedge pattern. Trading above $4.00 will pave the way for gains beyond the yearly high at $4.50. XTZ/USD Intraday Levels Spot rate: $3.64 Percentage change: 3.78% Relative change: 0.1297 Trend: Bullish Volatility: Expanding
COINBASE:XTZUSDLong
by CoinGape
2
Tezos (XTZ) - August 24Hello? 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. -------------------------------------------------- ----- You need to make sure you can get support at point 3.5378. It remains to be seen if it can rise above the uptrend line (5) and gain support at 3.7307. If you move down at 3.5378, we have to see if we can get support at 3.33 and the uptrend line (4). If you are supported in the 2.8886-3.2 section, I think there is a possibility to create a new wave. The 2.8886-3.2 section is a very important section in XTZ price. -------------------------------------------------- ------------------------------------------- ** 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