Tezos (XTZ) - April 18Hello?
Dear Traders, Nice to meet you.
You must get support at point 2.0706.
If you fall from the 2.0706 point, I think you need trading to preserve your profits or losses.
On April 23rd, we need to see if we can climb from 2.0706 to 2.4614 or higher.
If it doesn't rise until April 23, there is a chance that it will turn into a downward trend.
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It's time to focus on selling rather than buying to preserve profits.
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Description of abbreviations shown in chart
R: Resistance point or section, where a counter 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
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XTZUSDT
Tezos Bullish ViewBullish view for Tezos
1H chart
Fib spirals showing areas of potential support and resistance, showing bottom and tops
Positive volume trend
Falling wedge can be observed and is a bullish continuation pattern in this case
My other chart for Tezos, as you can see there is a rising wedge, a bearish pattern. Which pattern will be dominant?
On the daily chart a fib spiral has provided a nice support, 'supporting' this bullish view.
XTZ - Future is nowThe breaking is coming very soon!
Are you short or long. I'm 50,1% short in middle term with a retest and confirmation of 1$ bottom.
Share your POV
XTZ - Market Cap - 4H - Possibilty of (ugly) H&S + Chart choose1) We can see a forming H&S, which is not perfect and not confirmed yet. The first shoulder does not look well, but the forming second looks more nice.
What is interesting is the price target after this H&S could fall perfectly to a good support line.
There is also some support/resistance zone to cross before reaching this point.
2) Why do I use XTZ Market Cap chart instead of pairs?
XTZ volume is still low and is splitted in different exchanges and pairs.
Some pairs like XTZ/EUR on Kraken has a very low volume in important moments. I've been several times been false with my trendlines because the volatility makes me wrong with lower or higher candles compared to other pairs.
XTZ Market Cap chart is like an average of all charts and reflect, in my opnion the best trend possible. We can use it for H4 and more timeframe for the big trendline then we can switch to our trading pairs XTZ/Currency (not working for XTZ/CRYPTOCURRENCY!!) for the lower timeframes and goals.
Tezos (XTZ) - April 9You need to make sure you can get support at point 2.0706.
In addition, support must be obtained at 1.8700.
If there is no problem with the XTZ itself, I expect to touch the 2.8886 point.
However, it is recommended to respond according to the market situation and the flow of the chart.
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I think the current situation is not very good to understand the overall flow of the coin market.
Accordingly, it is time to focus on selling rather than buying to preserve profits.
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"Like" is a great power for me.
I will try to reciprocate with better information.
Thank you for always supporting.
XTZUSDT Broke Ascending Triangle LongAs you can see XTZ broke the ascending triangle currently is just sitting below 222 EMA. 4hr close is less than 7 minutes away. I think we try to push thru and close above 222 EMA. We can look for a retest of the triangle which would be a good spot to enter a long if you are not long.
Tezos (XTZ) - April 1It is supported by the uptrend line (1).
It should rise above the critical point of 1.6549.
If it falls, it can fall below the 1.2000 point.
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Most altcoins are affected by the flow of BTC and are gradually losing power.
In this case, you need to be careful about altcoin trading.
We believe that the altcoin must have a lower USDT dominance in order to gain power.
Before trading altcoins, it is recommended to check the flow of the USDT Dominance Chart and the BTC Chart first.
USDT dominance chart.
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XTZ strategy.Hello Traders,
Today I am gonna be showing a two buying options strategy for XTZ, one of them is if we break above this short term resistance line, or on the test of this important support Level. We still see the price on bullish trend so we not will go short until the price is above this important support level.
On the chart we mark important informations as entry points, and our objective is the last uptrend short term moviment projection.
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Best regard Sandro and Gustavo.