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Tezos

Liquid-staking > Bitcoin ETF? Why did some coins do well?Trying to make sense of what happened this week in the markets - glad that Tezos is getting some shine but what made this week interesting is that it coincided with Bitcoin's ETF - news which didn't really help Bitcoin all that much but it helped a *select few* coins, while most of them actually went down. My gut tells me that both $XTZ and NYSE:SUI have something "normal people" want - which is basic, L1 liquid staking that allows people to earn "interest" on their money in a way where they don't have to lock it up. (Don't get me started on ETH on this one, lol.) LSE:TIA might've gotten some attention because they were marketing their liquid staking protocol recently but it's similar to other workaround solutions where you get tokens instead of the actual coin itself. I think it's safe to say that most people won't bother with L2 staking since managing sub-tokens within a currency itself is just too much work, and too much risk. This is mostly just a hunch the hypothesis right now is that some of the money that was supposed to flow into Bitcoin ETFs took a closer look at saw liquid staking as something potentially appealing since it's one of the few things in crypto that's easier to understand. What do you think?
Long
by RyanTanaka
XTZ/USDT Secondary trend. Channel. Wedge. Pivot zone. 11 2023Logarithm. Secondary trend. Time frame 3 days. Horizontal accumulation channel. Formation of the wedge 9 months. Now there is a breakthrough of its resistance. The targets of the wedge and the channel are shown. Also medium-term targets at the exit from this horizontal channel. At the resistance of the accumulation channel be careful and protect the profit. Now in the moment the price 0.777 (21) Speculation and Investing. . ICO 2017 . 5000 XTZ = 1 BTC After ICO = pamp 11 X (resetting positions). After 6 years . 2023 5000 XTZ = 0.11 BTC (-9X) 2023 44,494 XTZ = 1 BTC Altcoins are for speculation and making money on volatility, not for long-term investment (hold). Surrender Zone. Mani management. Several times there was an entry under support to gather liquidity (stop loss). Later, there may well be a return to it (depending on how high the price will be at the reversal) in a relatively short time (final market capitulation) from the trend position (probability of no more than that, which should always be remembered). Line chart for clarity. Secondary trend with downward channel (all the decline from the highs + this accumulation zone). XTZ/USD Secondary trend. Downward channel. Publication 01 2023 Primary trend (entire trading history). XTZ/USD Primary Trend. Downtrend channel Publication 01 2023 Main Trend 01 11 2023 Price $0.777 now in momentum.
Long
by SpartaBTC
3
🔥The Whales Support Tezos Price: Breakout Of Huge Channel❗️🔥XTZ in a bullish trend since whale support the price at the bottom of the channel (green area). Now XTZ breaks the channel and tests it as the support which is bullish sign. If Bitcoin continue it's grows or consolidation at least, the price of all altcoins will go up. Especially, price of altcoins that still close to the bottom as XTZ. 💥 The two targets are on chart. $2 and $4 are the biggest resistances. like❤️ and follow
by Alex_Dehtiarov
3
Tezos - XTZUSD - Sweet Spot TradeIn last weeks Spaces , I discussed "sweet spot trades". Tezos ( KRAKEN:XTZUSDT ) -- prices bounced off of, and showed a clear rejection (support) of $0.65 level, which became the "head" in an upward slanting inverted head and shoulders bottom. This pattern is developing with enough clarity for me to take my first-ever position in XTZUSDT... BUT... until a decisive breakout in either direction, either above the neckline, or below it/below the right shoulder - as a failure (etc. etc.), my outlook is neutral . I would prefer to be long, and tbh, I would not short this market even if the pattern fails. It is a good pattern to monitor nonetheless. My goal in December 2023: stay small, don't get greedy - we're trading the highest volatility, most speculative asset class of all time. Caution #2: Tezos has lagged the larger tokens YTD; thus, sizing down accordingly As always, this is Not Financial Advice (NFA), Do Your Own Research (DYOR). #jk
by jBTCkingaling
Support range: 0.814-0.949Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (XTZUSD chart) In order for a full-fledged upward trend to begin, the key is whether it can rise above 1.338. (1W chart) To do so, we need to check whether we can break through the support and resistance range of 1.017-1.159. However, since the volume profile section is formed from 1.631 to 2.088, the increase is likely to be limited. (1D chart) The key is whether it can receive support in the box range of 0.814-0.949 and rise beyond the 1.017-1.0601 range. To continue the upward trend, it must break upward around 0.957, 1.127, 1314, and 1.556. -------------------------------------------------- - The big picture The full-fledged upward trend is expected to begin when the price rises above 29K. This is the section expected to be touched in the next bull market, 81K-95K. -------------------------------------------------- ------------------------------------------- ** All explanations are for reference only and do not guarantee profit or loss in investment. ** Trading volume is displayed as a candle body based on 10EMA. How to display (in order from darkest to darkest) More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA ** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own. ** This chart was created using my know-how. ---------------------------------
COINBASE:XTZUSD
by readCrypto
3
XTZ/USDT Break And Pumping is coming. Tezos Analysis Today💎 XTZ has indeed garnered our keen interest, currently navigating a pivotal region within a consolidation zone. For XTZ to perpetuate its upward trajectory, it's imperative to breach a formidable resistance barrier, a feat it has previously grappled with, often facing rejection. 💎 Should XTZ falter in overcoming this resistance, it's likely to regress to the demand zone, seeking fresh impetus for another ascent. However, a successful breakthrough could significantly ease XTZ's path towards its targeted supply zone. 💎 A concerning scenario emerges if, during a retest at the demand zone, XTZ fails to demonstrate resilience or muster a rebound. Under such circumstances, there's a risk of XTZ relinquishing its hold on the demand zone, potentially initiating a sustained downward journey towards a robust support area below.
by MyCryptoParadise_Nathan
3
XTZ/USD Secondary trend. Downward channel.Logarithm. Time frame 3 days. Secondary trend. Downward channel. The price has been falling for 16 months (1.4 years). It is quite possible that finally this downtrend channel of almost a year and a half will be broken. On the chart there are dynamic resistance lines (like a Gann fan). There is a possibility that some kind of sidewall with a significant % step after the exit from the downtrend will be formed. The resistance zone that will confirm or deny this is highlighted and marked with an arrow. The price has declined by -92% from the price pumping maxims. This is an acceptable indicator for altcoins of such liquidity. Linear chart (trend direction). The main trend. Time frame 1 week. XTZ/USD Main trend. Downward channel
by SpartaBTC
39
The S-Pattern - Where or Why Does This Happen?Hey folks - been a while since I made one of these (not too much interesting movements in the crypto markets lately, honestly), but after a long period of inactivity in XTZ, *something* seems to have triggered a move. There's a few people wondering where this spike in Tezos came from - unless the transaction was triggered by literally one wallet (unlikely since that would have been identified by now), we can only really speculate as to who or what "bought the dip". But generally speaking, the extreme verticality of the "pump" suggests that this was an automated trade or possibly someone with access to a button to make large hyper-coordinated trades. (If a bunch of people get together and buy-in together the price usually rises as a slope over time, not a spike.) Since we are in a bear market right now, the rules of the game for investors changes a bit. But it's important to remind yourself of the fundamentals of supply/demand and incentives in markets themselves doesn't change. So based on that, we can make a few educated guesses: 1. Bear markets don't necessarily mean that there is no money to invest - lots of people exited the market at the beginning of this bear market, converting their assets into cash. (These are the folks who quietly sold at the top and can be considered "smart money".) They are waiting for the market to bottom out as the hype fades away. So the money to invest itself is there (it is always there, really) - it's just unsure where or when to get back in right now. Someone or something made the guess that *this* is the bottom now, in other words. 2. The vertical part of the S-pattern suggests (automated or not) large-volume investors getting in, while the gradual slope downwards back to its original state is likely smaller investors exiting out of the ecosystem. (Many have expressed frustrations with the coin not having moved in a while and have been waiting for moments like these as an excuse to exit.) This is primarily the way markets "cleans" itself of short-term players and the reason why institutional investors often beat retail ones in the long - they have the means and patience to wait until the very bottom of the "valley". (Another reason why it's important to only invest what you can afford to lose.) 3. You have to be careful of getting your news from the media or social media because during down markets most talks and discussions will be about how bad the markets are - which is the obvious thing to complain about during those times. The negative sentiment eventually becomes a self-fulling prophecy and the price will continue to dip until the "losers" have left the scene. If you think about it, the only people who have a reason to complain are the ones that bought at the top and looking to recoup their losses. The ones that were in early, holding for long-term, or sold at the right time (lucky them!) don't really have much of a reason to engage with doom-spiral content. 4. And finally - smart-money investors look for primarily two things: A reason to get back in (will not happen with ponzi or vaporware projects, which is a good thing), and the right time to get back in. Even if they have done their research and believe in a project strongly, when half the people in the ecosystem are in a panicked state, it doesn't give them much confidence to get back in. At least not yet. So they wait until the price flatlines and things get quiet - are the folks threatening to exit gone yet? This is the reason why big rallies often happen unexpectedly after long periods of no movements, rather than a "rebound" after a massive dip. It is the waiting game smart investors play to get the best spread between buying low and selling high. -- A lot of this will feel weird and unfamiliar because I don't think crypto really has really gone through a "real" bear market - it was a product of the post-2008 0-interest rate era and a lot of the rallies were sustained by VC and hype money, which fueled a lot of irrational behavior during the last few cycles as a whole. (Including FTX.) But now that that era has come to an end, what comes next? A bit of spring cleaning in the markets is in order - I think. A lot of people have been waiting for this moment to come for a very long time, so it could possibly be one of the biggest rebounds in history...but only time will tell. Good luck, folks. 🤞
Long
by RyanTanaka
XTZUSD Extinct crypto starting to move?Tezos (XTZUSD), a long forgotten market favorite, is posting today the strongest 1D green candle since February 22 2023. This is backed up by a long 1D RSI Bullish Divergence. As long as the 0.6300 Support holds, we expect XTZ to target first the Lower Highs 2 (dashed) trend-line and the 1D MA200 (orange trend-line) and finally the strongest long-term Resistance Cluster, the 1W MA50 (red trend-line) along with the 0.92500 Resistance. Our target is 0.9000. Notice the similarities between the current mid-2023 Triangle, with that a year ago in 2022. That broke the Support to the downside and extended to the 2.0 Fibonacci level, while the current is breaking above the Triangle. Keep that in mind however, in case the 0.63000 Support breaks. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:XTZUSDLong
by TradingShot
1