XTZUSDT
XTZ.USDT (Y20.P3.E2.v3).Now we enter--- Continuation from the previous post on XTZ, link below ~~~
Hi All,
OBSERVATIONS:
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> 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:
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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.
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.
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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.
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** 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.)
Tezos (XTZ) - August 17Hello?
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.
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It remains to be seen if it can rise above the 4.526 point.
You also need to see if you can get support at the uptrend line (3).
With support at the volume profile point of 4.1057, the uptrend is expected to continue.
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Coin market volatility period (August 14-17).
Therefore, I think careful trading is necessary.
I think it is better to observe the flow rather than rushing to trade according to the price flow.
I think this is a time when only minimal trading is possible to preserve profit and loss.
-------------------------------------------------- -------------------------------------------
** 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.)
Tezos (XTZ) - August 4Hello?
Dear Traders, Nice to meet you.
"Like" is a great power for me.
By "following" you can always get new information quickly.
Thank you for always supporting.
-------------------------------------------------- -----
It is rising at the 2.8886 key point.
In order to continue the upward trend, we need to see if we can rise above the downward trend line (4).
If you stray from the 2.557-3.1 section, you are expected to create a new wave.
Short-term Stop Loss when deviating from various trend lines.
-------------------------------------------------- -------------------------------------------
** Check support, resistance and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee profit or loss on investment.
Description of abbreviations shown in chart
R: Resistance point or section, where a countermeasure is needed to preserve revenue.
S-L: Stop-Loss point or section
S: A point or section that can be purchased for profit generation as a support point or section
xtzusdt (long term have good targets )as you can see; xtzusdt is in the long term and weekly channel.
first target is mid line of channel ( maybe 8 $ )
and it upper targets is upper line of channel.
time frame fibo retracement ; say to us ; we dont have big price fall !!
i prefer to save that for ling term ...
hope to enjoy my opinion ;)
Tezos New All Time Highs!Tezos has been pushing up nicely over the last few days, I've been long on XTZ since $3 and I expect higher prices to come. We never know just how far an asset will run when it makes new ATH's. So for now, I would say a good target for XTZ is somewhere between $5-$6. We could go much higher, but for now, it's best to play it conservatively.
Tezos (XTZ) - August 11Hello?
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.
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It is breaking through the uptrend line (3) and the point of 3.96.
You need to see if you can get support at the uptrend line (3).
If we can get support at 3.5378 after the fall in this RSI 70 section, we think there is a chance that there will be a further upside to touch the 5.11 point.
If the price is maintained in the high section above the 2.8886 point, there is a possibility that the New High will continue to be updated.
We do not recommend new investments as we think it is one of the coins that requires careful trading.
-------------------------------------------------- -------------------------------------------
** 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 and losses can be preserved or additionally entered through installment trading. You should trade from a short-term investment perspective.)
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