TEZOS AnalysisAnalysis for TEZOS
When in doubt check the BTC chart
Shows a base forming contradictory to the hanging USD price
Great buy right now for a long hold
Tezos
I'm bullish in Tezos!!!Tezos it's so near to break out inminent. I decide to trade Tezos until 2 specific target. You can to get the target until $5.76 USD or keep this position until the $7.70 USD to touch the maximum price. Tezos price it's around of $3.50 USD and I buy 234 Tezos contract in Simple FX using my Cardano account to accumulate it.
Recently, I have accumulae 2,000 Cardano coins in my Simple FX account, that it's sum with 10,000 Cardano coins. But I want to talk about of one Cardano strategy that will be good for you and how you can to accumulate Cardano, and use this Cardano generated by your trading account to invest and hold by long term. This strategy it's called accumulate 1,000 Cardano coins, repeating tis proccess to get 1,000 Cardano coins and withdraw and generated another 1,000 Cardano coins.This it's fabolous for you if you beleive that Cardano it's your best cryptocurrency. MY GOAL IT'S TO REACH 20,000 CARDANO COINS.
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This was the yesterday analsyis of Tezos, we see that Tezos it's look extremely bullish to $7.70 USD.
Tezos it's following this trend line to bull market!!!Tezos it's look good to trade, hold and invest in the $3 USD approximately. I like this cryptocurrency and I admire this cryptocurrency and it's so similar with Ethereum or Cardano, but in the future, I interesting to know more of this cryptocurrency to invest by long term. But my main enfocous it's in Cardano, but in the future, this cryptocurrency show us that it's a solid cryptocurrency that you can to invest now or in the future if you have your main cryptocurrency working day to day.
Tezos could to go back to $8 USD in few weeks.
$XTZ/USDT 4h (Binance Futures) Symmetrical triangle breakoutTezos has broken out of the triangle and is looking good for bullish continuation here.
Current Price= 4.069
Buy Entry= 4.014 - 3.906
Take Profit= 4.323 | 4.629 | 5.119
Stop Loss= 3.669
Risk/Reward= 1:1.25 | 1:2.3 | 1:3.98
Expected Profit= +18.34% | +33.78% | +58.54%
Possible Loss= -14.70%
Fib. Retracement= 1.414| 1.764 | 2.272
Margin Leverage= 2x
Estimated Gain-time= 2 weeks
XTZ consolidation channelXTZ look good for final breakout that should take price to 1200-1300 resistance zone. I'm loading some at spot and Futures with tight stop. If fail to grow and get dumped strongest support for a bounce is at ~840.
XTZ Global landscape 777 zone?The price is moving in an uptrend.
Important areas to work with are indicated.
What Is Tezos (XTZ)?
Tezos is a blockchain network that’s based on smart contracts, in a way that’s not too dissimilar to Ethereum. However, there’s a big difference: Tezos aims to offer infrastructure that is more advanced — meaning it can evolve and improve over time without there ever being a danger of a hard fork. This is something that both Bitcoin and Ethereum have suffered since they were created. People who hold XTZ can vote on proposals for protocol upgrades that have been put forward by Tezos developers.
This open-source platform bills itself as “secure, upgradable and built to last” — and says its smart contract language provides the accuracy that is required for high-value use cases. According to Tezos, its approach means that it is futureproof and will “remain state-of-the-art long into the future,” meaning it can embrace developments in blockchain technology.
The technology underpinning Tezos was first proposed in a white paper that was released in September 2014. After a series of delays, the Tezos mainnet launched four years later.
Long #Bitcoin to 46KBTC has been flirting closely with the 40K level lately.
Once we have candles consistently closing above 40K on the smaller time frames
A trend reversal off the lower fibs bands recovers the price near the 44-46K levels
then we have the inevitable psychological 50K resistance...
MACD is printing a nice bullish cross and I anticipate
higher lows for the coming days of accumulation.
RSI has a nice bounce for off the oversold line on the daily.
I'll be repositioning some of my bags back to BTC as
I think the "rubberband" will pop in favor of BTC and
it will lead the market and bleed some alts along with it.
Several charts are following BTC closely in this bounce off
the latest retracement, I also anticipate a similar future
for #Litecoin and #Tezos!
Good luck,
-Bruce
Tezos Nice Dip BuyTezos is within a MASSIVE channel on the daily chart
i expect this to correct upward and continue..
Added a line to add a bit of 3D'ness
XTZUSD - 1D Stochastic RSI Divergence (Swing)Stoch RSI Divergence on the daily timeframe, expecting a big move upwards to retest previous support (now resistance) levels.
There is also a Falling Wedge in play on the 4HR timeframe.
ichimoku trade : short positionichimoku signal:
short position:
enter at 3.88$
stop loss kijunsen with buffer
Tezos is a crab!crab harmonic pattern:
AB=0.61 XA
BC=0.38 AB
tp1=2.6 BC=$21
tp2=3.6 BC=$57
tp3=1.6 XA=$111
Tezos is a crab!crab harmonic pattern:
AB=0.0.38 XA
BC=0.38 AB
tp1=2.6 BC=$8.2
tp2=3.6 BC=$21
tp3=1.6 XA=$111
Is it possible that tzos like Bitcoin decides to be a butterfly?butterfly harmonic pattern:
AB=0.78 XA
BC=0.88 AB
CD=2.24 BC
Patiently waiting for XTZ to go downSold at 7.5USD, will buy more at 5USD. It seems to be a good support, corresponding to BTC at 42k.
Positive Trend Begins In Tezos (XTZ) Token, May Hit $8.80Tezos token price was trading at $5.50 with 2.30% positive daily and 12.77% negative returns in the weekly period. Technically, the price took to support and recovered from the bottom. Hence, Indicator MACD signals positive crossover above the signal line. The Parabolic SAR also signals a buy signal in the coin. With the support of buying pressure, the price may hit the resistance level of $8.80 positionally in upcoming trading sessions, which will give returns up to 50% to the investors in the long term.
Resistance: $6.15
Support: $4.80
Tezos Accumulation and PatiencePotential Targets:
Buy More At: $5.00
If Broken,
Buy More At: $4.5
Long Term Bullish
Not sure why everyone has missed this, but it's not too late.I posted this idea a week ago and no one seems to see the obvious pattern.
Buying at 4.9 USD
SL 3.8 USD
Looking at 100% gains, due to the previous jumps from this support level always leading to 100% gains. If XTZ falls past this level, we're looking at a significant drop imo.
If Bitcoin continues dropping this may be invalidated, otherwise, the pattern is clear and straightforward.
Tezos has a potential cup and handle brewingThis is a higher risk set up than what I normally but what is in the chart is in the chart. This would require not only for this chart pattern to perform but would also require BTC and ETH to behave over the next couple of days to week week as to not confound what is going on here.
The main chart has hidden bullish divergence on the 12 hour and the chart below has classic bullish divergence on the four hour. This suggest to me that Tezos should be moving to the neckline of the cup and handle when the falling wedge performs to the upside and from there we can see if there is enough momentum for price to break the neckline and potentially turn the previous resistance into support and have a nice impulse to the upside.
The chart below shows that the price action has found support on the 3x VSTOP and also the 20 day SMA so the chart formation has some technical support. A quick review of the 20 day SMA and VSTOP shows that when the price action breaks them as support that the decline is steep, once again meaning this to be a high risk trade and set up if traded without a good stop strategy . Thankfully the wedge gives us a chance for a couple of technical entries. I made mine a few hours ago betting on the wicking action at wedge support is a low. Break out traders could look for trades on the wedge or cup neckline or should price action retest the broadening ascending wedge support later on after a pull back.
Risk reward to retest ATH is pretty decent and with the bullish structure I am in the trade. Thanks to the VSTOP and falling wedge I should see this perform sooner as opposed to later.
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XTZ moon shot $8, $9, $10?XTZ has double tested the 6.00 mark and shown strong support. 3H chart shows a clean 'inverse head and shoulders' pattern forming. If this is the case than we are in for a wild ride. Possible that 6.20 range will be reached one last time before beginning the leg up. If this plays out I could see the following targets 8$, $9, $10 being very reasonable. These are new highs for XTZ so it is hard to say where the top will be. XTZ/BTC chart shows ready for breakout as well. When both XTZ/BTC and USD pairs begin moving up simultaneously we will see fast movement upwards.
XTZUP Bullish ScenarioIf XTZ can start to turn up on the /btc side of its market pairs - xtzup could continue to extend the local reversal into on a positive trend to new highs. This is NOT financial advice and is for educational purposes. The projected path is not a prediction, price action will deviate on the way, it is simple a reflection of potential areas of localized resistance and support within the price action on the way up and back down. This is mostly to test an idea.
