XTZ | Tezos Clear Bearish TendenciesXTZ has been correcting from its ATH since October 2021. It is like a textbook correction with typical bear market rallies. Tezos is now trading around its main historical support trendline. If XTZ breaks below that, I think we will head towards $2-2.2.
However, given the current level and historical upside impetus from the main support trendline that you can see on the weekly timeframe, another rally is also on the horizon. A break out of the falling wedge would be a first bullish sign. The daily chart would turn bullish once XTZ can again scale above any of the higher dashed white trend lines that acted as resistance in the past.
Considering the volume profile, I tend to lean towards the bearish side on the macro picture.
Let's see how that plays out.
Thank you for your support.
XTZUSDT
XTZ triangle breakout 📐Tezos broke up this triangle📐 and I think there is chance for run to 5 and even higher. Setting BUY LIMIT order to previous range high to catch🎣 the pullback.
ENTRY : local high @ 3.242
STOPLOSS (SL) : local low @ 2.857
TARGET (TP) : height of the triangle projected from midpoint of the local range (BUY LIMIT - STOPLOSS) @ 5.080
REWARD RISK RATIO (RRR) : 4.7
INVALIDATION : when SL level hit
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⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
$XTZUSD - Following this scenarioHello everyone!
Tezos is inside this triangle pattern, There is a high chance that XTZUSD will drop to 2.65 - 2.56 areas and bounce back to 3.79.
XTZ broadening wedge#XTZ/USDT
$XTZ is inside weekly broadening wedge pattern, and price is near lower line.
🐮 holding the lower line of wedge that is the same with support zone, will increase price to resistance around $4 and break out from this resistance will head up price toward resistance of 0.5 fib level that is the same with ascending trend line.
break out from ascending trend line in long term will increase price to upper line of wedge that is the same with 1.414 and 1.618 fib levels.
🐻 break down from lower line of wedge will drop price to support around $1.5.
#XTZUSDT Ready for 250% Rally. Trade Setup Here.
Welcome to this Trade Setup on XTZ.
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Explained in the most simplified manner.
I also post margin and futures trade setups.
Now, let’s get to the chart.
XTZ is currently trading at around $3.40.
As per fractals, every time XTZ hits the lower support trendline we have seen 8 to 12 weeks of the bullish rally in XTZ.
Besides, it's trading above the important MAs and multiple indicators are showing signs of bullishness.
So this will be my trade plan:-
ENTRY:- Accumulate between $2.5 to $3.4 (On spot)
For leverage :- $2.82 to $3.27
TARGETS:-
$4.67
$5.33
$6.82
$7.21
$8.55
$9.76
Stop Loss:- $2.39
The chart looks promising and can pump almost 250% in 2 to 3 months.
Just keep in mind if you are planning to trade with leverage, make sure you enter on the correction.
Please do your own research before taking this trade.
This is not financial advice.
Also, let me know What you think of this trade?
Do share your views in the comment section and do not forget to hit the like button.
Thank you
#PEACE
Tezos XTZ The DirectionSolid Project to get into this drop of the market. Has potential long term ( as you can see I didn't use the Log chart).
It hit it's long term support line, might have another bounce.
I got into 3$ with a target of 4.05$ as a rebound.
Also can drop to 2.75$ or even lower, where I will buy more : 2.50$ - 2$
If BTC moves again higher than 46.5k till 49k, might see higher TP for XTZ.
Have a nice day )
TEZOS on TrendLinesGiven our long-term uptrend line, we expect price support again. This area is a good place to enter if this area is well supported and trend lines are not broken. If this range is not maintained and the support of the trend line is lost, we will see more decline. We specified the next moves in the chart according to the trend line scenarios.
Its not Buy or Sell SIGNAL
DYOR
BY : Mohamad Teriz - @AtonicShark
Idée de trade XTZ analyse avec Ichimoku$xtz
La lagging span à enfin cassé à la hausse.
Nous sommes entrain de travailler la SSB avec la LS (voir si elle fait son rôle de support) la tenkan n'est pas loin ET nous sommes sur la MM7. BON POINT D Entré.
#Cryptos #trading #ichimoku #Bitcoin #btc #cryptocurrency #xtz
Back in tezos from USD after call signalToday gives a buy signal on Tezos after the sell at $6 and a few DCA signals on run down. With the recent network upgrade and the bullish sentiment in the market at the moment this is a good opportunity to get back in after exiting the position previously at the $6 range. It is worth noting though that the bitcoin and Ethereum pairings still favour being in those rather than Tezos at this point in time. If however you are only interested in the USD pairing then this by signal is a good one.
The risk is in the high range and the price is already 14% from the base but with the strength in the current market conditions I would place more value on the buy signal and maybe adjust position size with some percentage of caution based on the those.
XTZ Daily chart potential to breakoutTezos played well in this recent period of time and its almost broke the major resistance of 4$ , however it looks after Bitcoin to moving on like rest of the crypto market .
If tezos close daily candle above 4.05 resistant , it will reach 4.50 and probably goes to 4.80 for the second run .
XTZ LONG :
entry: 4.08
Tp 1: 4.48
Tp 2: 4.74
Tp 3: 5.120
Sl:3.85
Its not a financial advice ,DYOR
I would love to hear your ideas about TEZOS
COTI Breaking The ChannelSuccessfully broke the downward channel upwards and recorded a higher peak. If it breaks the specified limits, the upward trend will start until the resistance and ath reach, otherwise it will create a new downward trend. If the candlesticks are not fixed, the update will be analyzed.
Its not Buy or Sell SIGNAL
DYOR
BY : Mohamad Teriz - @AtonicShark
XTZ Cup and Handle 2xHello everyone,
This is my first time doing a public analysis, so I hope you won't be too harsh on me. :)
I have analyzed Tezos (XTZ), and the idea based on the daily chart, I have observed a cup handle formation that has been trying to form for a long time and I wanted to share it with you.
As can be seen in the graphic, the cup part is completed, the handle part scrapes the bottom.
Even though I took it as the bottom part of the cup and made an approximate date and price estimate, it may not be exactly the same.
2x (8.500ish and beyond) might be expected for Tezos, which I have foreseen for a period of about 2-2.5 months.
Farewell
XTZ can Reach 4.4$🌳XTZ has been Starting to Increase lately. If we Expand our View, We Can See Tezos is in a sideway Channel. This Means as long as there is no break out, we must Rely on It to Range In This Channel. So Now the Price has been able to Get above the Middle line of the Channel and This is a Good thing and It means the Price has a Greater Chance to Reach the top of the channel From Here. around 15% Profit can be claimed from Here. The Resistance Sits around 4.4$.
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Thank you for seeing idea .
Have a nice day and Good luck
XTZ : GLOBAL VIEWAiming to 13$
but still a long road to there
we may go up and down along the way
Above chart is support and resistance
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PS. *** All of my analysis is for scalping method,
Not suitable for coin holders / Investor....
It's my trading diary particulary to practice scalp trading skill.
*** If you follow it please adjust the stop loss at your acceptable risk.
>>>>FYI When I trade I use low leverage and only cut loss
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Feel free to share your thoughts, Trade safe and fun!