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XTZUSD

XTZUSD expected to see an uptrend (1D) | Suggests a breakoutMarket in last 1 week -XTZUSD saw an uptrend with high as $4.43 -Price volatility was very very high. The market moved ~95.1%, between $4.43 and $2.27 Today’s Trend analysis -XTZUSD expected to see a continued uptrend as it was riding the Bollinger bands and with the volume not that loo breakout is expected -Price at time of publishing: $4.04 -XTZ’s market cap: $2.96 Billion -Oscillator indicators are mostly neutral. RSI at 66 -Moving average indicators are biased towards an uptrend. Ichimoku Cloud is neutral -Volume indicators saw increase in volume with a slight decrease in the last candle which are above the 20-candle moving average Price expected to see a continued uptrend as first the price was moving inside the bands with Upper band acting as resistance and lower as support but in the last few candles the price is riding the bands along with a substantial volume is traded suggesting a breakout. Most of the Oscillator indicators are neutral. MACD histogram size increasing in the positive region, with MACD line above the signal line. RSI at 66, above the midline in the neutral region. CCI is around 148, in the overbought region suggesting a bullish bias. Another interesting point to notice here is that volume is increasing in the last few candles being above the 20-candle moving average. ---------------------------------------------------------------------------------------- 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:XTZUSDLong
by Mudrex
2
XTZ.USDT (Y20.P3.E3).TA on the Macro StructureHi All, ** This is a additional TA to the previous post on XTZ with BTC pairing ** As we had a strong BTC dominance divergence play out, we had XTZ.BTC price drop and bounce significantly while slowly regaining lost territory. I did this TA against the USDT to see if its still within the acceptable levels for a next wave up. Happily to say, the restests of the previous resistances passed. As per chart, we have one more resistance and after that, open roof. My thoughts: =================================================== > Daily indicators are positive, bullish with convergence and hence stay in the trade > I would expect 2 touches to the resistance and 2 touches to the below support before the breakout otherwise its out. Please give me a tick or like for this post. Regards, S.Sari PREVIOUS POST I have noted that we have price above the yellow key level meaning my TA is still relevant.
Long
by ssari
XTZUSD Update (Potential Breakout)Since the last time I reviewed XTZUSD we saw a breakout and retest on the upper trend line 3 times before making it's first higher high and higher low. We are currently in a crucial moment of whether we can close/hold above ATH in order to continue moving higher. I believe the most likely scenario would be another retest on the upper Fibonacci retracement before continuing the trend. A lot of other coins have been highly price-sensitive at ATH recently and XTZ could just be lagging. Keep in mind BTC is close to a potential rally as well. Could absorb all the capital from alts if it does. Hope you all enjoyed the technical analysis on XTZ, I will continue to update my thoughts as we move further into these exciting times. Please consider leaving a like and following for more updates on stocks and cryptocurrency. Cheers, PsychedCrypto
BITFINEX:XTZUSD
by PsychedCrypto
XTZ/BTC (Strong Key Support)XTZ/BTC -Tezos confirms the previous key support at still valid today -The price manages to recover from its drop recently -It is now approaching the trendline resistance -This is very crucial if XTZ can break outside this triangle pattern -If you are looking to buy a position, I recommend waiting for the breakout -Because this will give a strong bias that the trend is ready to reverse -Since there is no logical resistance, Fib reverse extension is used -Target is up to .618 reverse Fib which is located at around 5100 sat range
by PolarHusk
Why Bitcoin, Ethereum, LINK, and Tezos still look bullish!Good Afternoon Crypto Traders, Several weeks ago we made a marked shift in our approach to altcoins and aligning our focus to go risk-on in the long side on BTC & Altcoins. Thus far, this approach has paid off immensely. The realization came from doing some deep research in what's happening in the money flows, market structure, and DeFi space. As more clues unfolded, I realized that there is an Alt season and a Crypto Bubble 2.0 developing. This time it seems to be led by DeFi vs. 2017 being led by ICOs. Bubbles are not necessarily bad, they can be good if you can get in and get out with profit. This is what we are hoping to accomplish in the current cycle. As per my July update, I told Advantage Members that we are somewhere in the initial stages or the middle stages of the bubble. I do NOT believe we are near the end. How do we play this? Step 1: I've spoken about my methodology of portfolio construction in Crypto. It's simple and effective. We want to take the approach of putting a few eggs in one basket and watching that basket closely, as the great Stanley Druckenmiller puts it. Do your research in 5-10 Cryptos (BTC + Alts). Diversify in Altcoins and the sub-segment DeFi. Keep this as your basket of holdings you trim up and down in movements of price, if you'd like. Alternatively, you can simply spot buy altcoins (DeFi included) and hold for several months to see if the bubble is going to develop and get bigger then start selling as the hype of the rally gets a bit extreme. I will let you know when I see the warning signs. Step 2: Do NOT go around chasing 50 different altcoins thinking this is the next 10x or 50x etc. You will likely lose good positioning of your original holdings by the chase of greed. A good basket of 5-10 Cryptos should provide proper exposure to the market and yield good enough returns where you are not constantly bedazzled by the next Hype Coin. Step 3: Do not go all-in with your capital hoping to be rich overnight. Remember, we are in the business of building wealth. This will keep you grounded and make you appreciate the journey to success. Step 4: Do remember that the entire health of Crypto is dependent on the money flows and liquidity available in the traditional markets. So the Crypto market party can end just as abruptly as it started. We will always keep one eye on the stock market for this reason. Thanks and I hope you enjoy this analysis. This is not financial advice. Have a wonderful day
BITMEX:BTCUSD.PLong
by TheAlphaTrades
2