XTZUSD
XTZ Will FLY AGAIN!Hey guys, this is Julie 😉
Let's talk about XTZ today, because it is at a very important and decisive point:
As we see on the daily chart, XTZ is now above the 21 EMA, and this region coincides with a resistance level (green line). Additionally, we have the 61.8% Fibonacci Retracement very close to today's high.
So, as you can imagine, XTZ will need a lot of strength to go above this region.
Honestly, I think it will make it, because it is doing higher highs/lows for the first time since October, and to me, this indicates that the bears are actually getting weaker, and Tezos will finally reverse this downtrend.
So my thoughts on Tezos today are:
Once it closes above the green line resistance, it may find some resistance at the Fibonacci Retracement, if XTZ is able to close above it, I really believe it will fly again.
Let's see what happens next.
And that's it! Thanks for reading my analysis! Please, support me with your like and subscription! 😍
Bye bye, have a nice day. 😉
XTZUSD Bottom priced or close. Buy opportunity to $15.00.Tezos has been one of the most consistent coins since the December 2018 market bottom, as it has been trading within a structured Channel Up with very clear dynamic bottom and top levels.
As the chart (1D time-frame) shows, every Higher Lows of the Channel has been either at or slightly below the 0.618 Fibonacci retracement from the previous Higher High. At the same time, the CCI indicator on the 1W time-frame, shows that every time it breaks below the -100.00 level, XTZUSD bottoms out. A Bullish Cross by the 1D MA50 and 1D MA100 follows to confirm the start of the rally.
Currently the price bounced off the 0.618 Fibonacci retracement level earlier this month but the 1W CCI is at -80.45 so far. This is low enough for long-term traders who don't wish to wait for -100 and miss out on a potential sudden rally. The target within this Channel Up has always been the -0.382 Fibonacci extension, so ours is set slightly lower at $15.00.
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Ascending Broadening Wedge on TezosTezos (XTZ) is moving in a main parallel channel and it's now printing an ascending broadening wedge pattern on the weekly chart in pair with bitcoin. I expect another leg up to the resistance zone at 0.00023 and then falling down to 0.00004 level. If it couldn't reach this resistance level and rejects the EMA50 at 0.00011 it's highly possible to break down the wedge to the wedge projection.
xtz long term hodl.good evening,
tonight we have confirmed something massive in the land of crypto.
something that i've been waiting on for some time now.
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i've got 4 trades in one with this tezos.
going to need some strong hands to get all the way to the end.
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✨
entry: $4.1
tp1: $7
tp2: $12.9
tp3: $35
tp4: $61
✨
XTZ: The Beginning of a Reversal?Hey guys, this is Julie 😉
Let's talk about Tezos today.
I am quite optimistic about XTZ, it is in a clear support zone (orange line) - this region has served as support/resistance many times before, and it doesn't look like it will be lost this time.
The bears don't seem to have the strength to make Tezos fall again.
We can see that the volume has increased a lot today, proving that the bulls are stronger! 🔥
And we have a nice Bullish Pivot on the hourly chart, reinforcing again that XTZ is recovering and this could really be the beginning of a reversal.
If today's candle closes above this green line, I believe it would be the best time to buy XTZ.
__
On the weekly chart we can see that Tezos is still in a Bull trend, making higher highs/lows (I can't post the image here).
And that is why I believe that if today's pivot is not triggered, Tezos will not fall below the red line (the price low in Dec 04).
It may start to move sideways for a while, but it is very unlikely to fall.
And that's it! Thanks for reading my analysis! Please, support me with your like and subscription! 😍
Bye bye, have a nice day. 😉
Tezos (XTZ) - December 13Hello?
Welcome, traders.
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(XTZUSD 1M Chart)
Above 1.73723670 point: expected to continue uptrend
Above section 4.419243-4.95476492: Expected to create a new wave.
A decline from the 3.34063 point could lead to a fall near the 1.85532069 point, requiring a short-term Stop Loss.
However, it may follow an uptrend line, so you need to trade cautiously.
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(XTZBTC 1W Chart) - Mid-Long-Term Perspective
Above 0.00014931-0.00017620 section: It is expected to create a new wave.
A breakout from the downtrend line is expected to turn into an uptrend.
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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 the price trend is in an upward trend or a downward trend, there is a high possibility that you will not be able to get a big profit due to the 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 be able 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 convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet.
(Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** 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.)
** 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.
(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.)
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Tezos/usdt long term perspectiveTezos has established a nice uptrend, as we can see the price bounced from 0.786 fibo, longterm trend line and support. I expect price to rise from here until it reaches upper band, but first we need to break out above purple box :).
It is not financial advice, I'm just sharing my personal view.
XTZUSDT trade New vision to go up...XTZUSDT trade has completed its correction now its way to move up to fulfil bullish cup pattern as shown in the graph. Potential buy position will be between 23% fib level to achieve 400% fib level. Trade will boost up approximate 500% profit.
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Tezos finally looks primed for more upside.As long as the bull run continues from here tezos looks primed for serious upside and if it can flip this ascending yellow trendline to solidified support it could head to $15-16 soon after. The initial cup and handle it was teasing a breakout from a. We months back never fully materialized but it can essentially reach the same target the cup & handle had it going to if it flips this yellow line to support so in essence the cup and handle pattern was really just part of the right shoulder of this upward slanted inverse head and shoudlers. Of course if the bull market does not continue this whole pattern could become invalidated but it would have to crash pretty hard from here to invalidate. For now, probability favors it confirming this pattern eventually, my guess would be sometime before February. *not financial advice*
💡Don't miss the great buy opportunity in XTZUSD @tezosTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (4.629).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. XTZUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 56.
Take Profits:
TP1= @ 5.717
TP2= @ 6.091
TP3= @ 6.783
TP4= @ 7.184
TP5= @ 8.032
SL= Break below S2
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💡Don't miss the great buy opportunity in XTZUSD @tezosTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (4.629).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. XTZUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 56.
Take Profits:
TP1= @ 5.717
TP2= @ 6.091
TP3= @ 6.783
TP4= @ 7.184
TP5= @ 8.032
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️