XTZUSDT
$XTZ / #USD, Pushing price above ~3.25$ resistance level$XTZ / #USD
Pushing price above ~3.25$ resistance level w/ UCTS indicator signaling buys across multiple TFs..
Volume is not that strong tho, so wait for a potential R/S flip as entry & signal of continuation
IF happens, then we may aim for a retest of ATH levels at ~4$
#XTZ
XTZ: Rising Wedge vs. Inverted H&S1. A bearish rising wedge
2. An inverted H&S continuation pattern
Wait for it to break out of either side of the wedge!
XTZ/USDT BINANCEupdate on previous Tezos TA.
4H hollow candlesticks.
after triangle breakout, lets compare forecast indicator.
MACD crossing extremelly bullish.
steady high volume from Jule 22th.
current at
$3.23 USD (7.06%)
0.00028733 BTC (8.62%)
Market Cap:
$342,633,561,949
24h Vol: $93,007,336,936
BTC Dominance: 60.5%
Good Luck
The Future Of TezosWow! This chart looks amazing! I do not know much about the fundamentals that surround this coin or the company, but the technical analysis look bullish if the support can hold. A quick look at the stats from coinmarketcap; This coin is ranked #14 with a circulating supply of 738,559,491 XTZ.
Now for the technical analysis. The triangle that i have created based on previous support, and resistance looks almost like a symmetrical triangle forming a huge bullflag. I have the liquidity zones highlighted in green , and yellow. I use the color yellow for universal caution, and green is obvious. I have also used the FIB Retracement tools to locate a potential short term sell zone based on the 0.618 . That is the area I would like to see the price break above , and find support to confirm a real bullrun to new ATH.
This is not trading advice, but only my humble opinions based on what I see.
maybe good idea for a long positioni can consider for XTZ two possible scenario:
1: if it stay inside the channel for NEXT 2 DAYS and of course bitcoin wont fall it can go a lot upper than now...resistance on the 3.1857 and 3.2194 is weaker than before because it has alreaby touched several times.
2:if it come out of the channel it cant fall too much because we have good support on the 2.797 but if bitcoin fall or pump again maybe this support cant be a good supporter.
i know the scenario 1 better but if you like you can wait for a better entry.
Tezos (XTZ) Be Ware!!! It Can Be A Bull TrapHi, friends hope you are well and welcome to the new update on Tezos coin. The price action of Tezos coin is moving in a wedge pattern. After hitting the resistance of the wedge on 16th of July so far the move of the price action up to the support is still due. After placing the volume profile on the complete price action moving within this wedge pattern. It can be easily observed that the trader’s interest is high even below the support and if we watch the interest of the traders from the upside then we have the trader’s interest below the resistance that is another bearish signal. Therefore the price action can be moved more down at least up to the support of this pattern.
The simple moving averages are forming bear crosses:
If we watch the different simple moving average it with the time period of 25, 50, 100 and 200 then recently the price action has broken down the 25 simple moving average. We have also received a bear cross between 50 and 100 SMAs. If 50 simple moving averages will move more down to form a death cross with 200 SMA then it will be another bearish signal that will trigger more strong rally to the downside. At this time the price action is trying to break out the 25 SMA again.
Formation of BAT pattern:
In the meanwhile the price action is likely to complete the final leg of bullish BAT pattern. After initial leg the A to B leg is retraced between 0.382 to 0.50 Fibonacci retracement level. Then C leg is projected between 0.382 to 0.886 Fibonacci projection of A to B leg. Now we have received two confirmation for the bullish BAT. And as per Fibonacci sequence of this pattern the final leg should be etraced between 0.786 to 0.886 retracement level. That start from $2.45 and ends up to 2.34 dollars. After a sequence of bearish candles some bullish candlesticks are appeared. Therefore, it can be a bull trap because if the price action will complete the BAT pattern then it can move more down and from the potential reversal zone it can start the next rally to the upside. However, if the price action will not complete the final leg then the pattern will be invalidated and the price action may form an up channel.
XTZUSDT AnalysisSince the candles are at the local resistance level, it's a good time to take profit if you bought XTZ earlier.
I'm bullish at the moment since there are 3 BUY signals from EngineeringRobo & no sell signals.
If you haven't bought yet, you can buy right now but I recommend you to keep an eye on it for EngineeringRobo's SELL signals. Because the candles are at the local resistance level. If there will be sell signal, you can sell it.
XTZ H&S shortXTZ had a good run but it seems that volume and overall interest is fading away. Investors who are interest in staking awards are moving to Ethereum. Not a financial advice but I'm long on ETH and short on Tezos. Also if you are trading futures on Binance, XTZ has a massive red hammer, which looks pretty similar to the one that has been seen on XRP chart a ~month ago and it dumped hard. I'm expecting pretty much the same outcome - XTZ will dump hard before the next bounce. In the long term (months/years) I'm very bullish but for now it seems that this coin is going down.
Important support level buy strategyHello, traders.
XTZ reached an important support level after the altcoins slump today, that is the perfectly point to buy this asset.
Attention: BTC dominance still can grow more, which means that the altcoins can bleed.
Best regards.
Sandro and Gustavo.
XTZUSD forming bullish BAT | Upto 33% move expectedPotential reversal or buying zone: $2.45 to $2.34 (it should be used as stop loss as well)
Fibonacci projection or sell zone: $2.72 to $3.12
Regards,
Atif Akbar (moon333)
XTZUSDT LONG short term setupIf your looking for shortterm long setup with good profit porfit potential here it is
XTZUSDT ANALYSİSI have 4 positive signals,
If you have this coin watch EngineeringRobo 's signal it goes really well.Don't hurry to sell it watch carefully. I am expected to huge rise.
If you want to buy it wait until $2.81 (support) level.
Time to Long : XTZUSDT BINANCE:XTZUSDT
Long tezos , long signal.
Entry: 0.2859 --- 0.301
If you like my idea
SHARE ,LIKE AND FOLLOW
XTZUSDT still has some gas in it.Tezos still seams to have some power in it and could try to reach the break the $3.25-3.30 resistance.
It confirmed the breakout from that small symmetrical triangle that was formed on the 2h TF and now it's trading inside the ascending channel formed since the beginning of the month.
My targets are on the chart.
Let's wait and see.
XTZ Opportunity analysisAfter the tragic dump to late longers,
People have been selling off their XTZ.
Yes, they fomo-ed.
I am expecting tezos to test the support lines in blue before bouncing back up.
The price may be more volatile because BTC is about to break out from a triangle (I will post one) and the overall direction can change by BTC.D
I'll try to update more frequently.
Good luck and stay safe.
Please like and follow. Thanks
