MY NOT SO MINIMALIST ANALYSIS OF $XTZ9.22.21 2314H
Analysis of $ALGO
ENTRY ALERT: POSSIBLE ENTRIES
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Indicated are key support and resistance levels using small and large trading range boxes for ENTERING A SWING TRADE (Short - Long.)
Watch out for Patterns, Divergence, EMA, Candlestick Math, and your Fibs.
Further Analysis on price action is required on a 1HR-4HR chart when entering or closing a trade, depending on your risk appetite and trading style.
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The findings/predictions of the following analysis are the sole opinions of the publisher of this idea and must not be taken as investment advice.
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Tezos
TEZOS TIL I BEZOS UPDATEI am back with an update to my most popular post on Tezos back on 8/28/2021 with 13 likes. I am still incredibly bullish on Tezos and even invested in a profile picture "#NFT" called "Tezzards" currently worth a minimum of 650 $XTZ on "objkt". Please dyor, this is not financial advice.
Tezos Broke to Multi-Year HighsTezos has recently broken to new multi-year highs, fell to retest the breakout point and now looks to be headed back up. At these levels XTZ is higher than it has been since the last crypto bull in 2018 and upside could move up multiples from here. XTZ has moved from around $1 to $4 for the last several years building a nice base. At these levels the coin really hasn't moved yet and it's still early. There are resistance points from 2018 around $5.30 and $6 but in a new bull I don't expect those to hold for long. Previous all time high is around $12 from 2017 and it could easily retest those highs or break them as many other coins are doing now. Market cap is quite small at $3.6 billion. As a bonus the coin can be staked on Kraken for an annual 5.5% return.
Fundamentally I don't know much about the coin but it's another decentralized computing platform with proof of stake like Ethereum, Polkadot, Cardano, etc. My money is on Ethereum to hold the lead in the "decentralized computing platform" battle, but I'll put a little into things like this simply for the potential upside if/when the coin starts to get discovered again.
This is not investment advice and I'm not an investment adviser. Small cryptos are crazy volatile and can go down faster than they go up (and they can go up FAST). This is just what I'm doing because I'm a nut who thinks that early in a crypto bull could be the best time to play a few small cryptos that look like they might move soon.
Tezos XTZ headed for new ATHIt would appear my previous analysis about the cup and handle pattern is playing out. XTZ Tezos is looking to head to new all time highs. The only question is how long will it take to achieve its price above $12 USD.
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This is not financial advice and is to be used for educational purposes only as I am not a financial advisor.
Happy Sunday XTZ Hodler and Traders alike!
XTZ is in Ascending TriangleHi Every One
We Can See XTZ moving in ascending triangle channel and there is a major resistance at 8.2
we know in this situation price most break out the triangle up or dawn
i think in this scenario the possibility of breaking dawn is 70 % (back dawn to 6.8 to 7 for a while)
and according to the charts only 30 % possible for breaking 8.2 up
Good Trade To All
₿ UNIUSDT 1D ₿ : 03.Oct.2021 (Update)Well friends, as we see, the price has reached a very important resistance range and we have to see if the price will have enough power to break this range or not ... If this resistance breaks, we can expect growth of at least 36$ .
⚠️ This Analysis will be updated ... BINANCE:1INCHUSDT
👤 Arman Shaban : @Ar_M_An_4
📅 03.Oct.2021
⚠️(DYOR)
₿ XTZUSDT 1W ₿ : 03.Oct.2021 : Long ✅🚀Well, as we know , According to the first time we introduced this currency and offered to buy it, this currency has gained 115% profit . Now is another great opportunity. the TEZOS is powerfully trying to break the Pitchfork midline resistance for the third time ... From here, we can expect at least 50% profit from this awesome cryptocurrency .
⚠️ This Analysis will be updated ... BINANCE:XTZUSDT
👤 Arman Shaban : @Ar_M_An_4
📅 03.Oct.2021
⚠️(DYOR)
₿ 1INCHUSDT 1D ₿ : 03.Oct.2021 (Update)Well friends, as we see, the price has reached a very important resistance range and we have to see if the price will have enough power to break this range or not ... If this resistance breaks, we can expect growth of at least $ 5.
⚠️ This Analysis will be updated ... BINANCE:1INCHUSDT
👤 Arman Shaban : @Ar_M_An_4
📅 03.Oct.2021
⚠️(DYOR)
🔥 XTZ Triangle Pattern: Consolidation AheadSince earlier in September, XTZ has been trading inside a consolidation pattern. At the moment, a clear triangle pattern can be drawn from connecting the most recent tops and bottoms.
As far as I'm concerned, XTZ has more room to fall. I'm expecting a strong reversal from the bottom of the triangle, targeting the top of the triangle.
Happy trading!
$XTZUSD - Wave analysisHello everyone!
Head and shoulders pattern is complete on XTZUSD and starting from here, Tezos should retrace a bit.
The first target we are watching here is 6.69
XTZ perfect cup and handle formingGood Afternoon Traders,
Crypto Centric here. Is anyone one else watching the XTZ (Tezos) daily chart. There is what looks to be a beautiful cup and handle pattern forming. Now we need to clear the green zone between $7-$8 roughly and then back test it to confirm a breakout. But this is something I will be watching closely.
This analysis is not financial advise and is for educational purposes only as I am not a financial advisor.
XTZ/USD - Massive strength in Tezos price action! Bullish.China FUD, market dumps -10%... Tezos? It pumps 20%.
This is a show of strength and I don't think Tezos will stop until it reaches the true test at around $9. There are a lot of converging lines around that area, including a Fib 78% extension.
I'd be surprised if Tezos can break that. See my macro view on Tezos (linked below), this line is our resistance since forever. So best to secure profits once we get there.
For now bias is very bullish and I see Tezon pumping higher, China can't stop this or anything. I am not sure what is pushing price higher and higher... but it's working. :)
Volume is up on this move higher too... another show of strength for this.
Not much else to add, enjoy the pumps.
Like and follow if you liked this idea.
XTZUSD - LOOKING BULLISH ABOVE $6.00Hey guys. Here is an IDEA for XTZUSD(T). Indicators and volume show XTZ looking bullish... A goog buy area would be around the $6.00 area.
Note that it is possible to see a wick below the $6.00 area so don't set stop loss too high!
However knowing when to EXIT a trade that is not going in your favor is very valuable! In this case we have a potential Head & Shoulders forming If XTZ breaks down a bit below the $6.00 area and this is would bring some nasty downside targets near the $2.00 area. I DO THINK THIS SCENARIO IS HIGHLY UNLIKELY but it is important to be aware of!
I do expect price action to move in correlation with BTC here as usual but if support is strong at $6.00 and BTC moves upward there is some good potential gains here. First, about 13% at the "weak resistance" and if XTZ tests the major resistance area we're looking at a NICE 25-30% GAIN!
I will re-evaluate as the situation makes major changes so follow me for updates and also check out my Twitter (link below)
(Disclaimer: I am not a financial advisor and it is important to do your own risk assessments prior to investing or trading anything. This IDEA is based off of my experience with Technical Analysis and depends on many variables)
Tezos XTZ mid-term +100% potentialCOINBASE:XTZUSD BINANCE:XTZUSDT
Tezos (XTZUSDT) is printing a classic Livermore's pattern (again, last time failed). It has shown strong momentum this month. Now it's moving to the upward band of log channel (see another idea).
Important checkpoint (major resistance): 8.0 USDT (September high), 8.4 USDT (ATH and completion of daily cup & handle pattern).
After new ATH, we are likely to see its price discovery following ATOM and AVAX.
XTZ potential for 3 digits after years of accumulationTezos XTZ has been in accumulation mode for nearly 3 years since launch. From a bull market perspective, it never really pumped. Its volatility was very tiny compared to many other ALTs in this cycle. The only explanation is that XTZ's run is yet to come.
The price was restrained in a logarithmic channel for 2 years. This is quite common for an ALT before it starts a parabolic move, like BNB.
First it will break the previous all-time high of 8.4 USD, then challenge the upper band of channel (10.5-12 USD). In the final hype it may have another 3-5x in several weeks.
The volume is picking up recently. Its fundamentals are growing solid. And perfect Cup&handle and H$S patterns and are about to be completed. Two engulfing bullish candle say it's the time.