Tezos - 6hr is one to watchTezos is one to watch for a potential breakout. XTZ has a Symmetrical Triangle on the 6hr Chart with support from its Conversion Line (Tenkan Sen) and its Bollinger Bands Middle Band Basis. The RSI is indicating Sideways Momentum at around 56 indicating XTZ could potentially move much higher before hitting the overbought range. The MACD is also indicating we may get a MACD Line (Blue Line) cross back over the Signal Line (Red Line) which would indicate renewed upwards bullish momentum. Overall Volume is increasing slightly so we will have to wait to see if this 6hr candle closes in the green. Definitely one to watch. I hope this is helpful. Good Luck 🙏
Tezos
XTZ/USD Is Ready to Keep Moving! XTZ appears to be in the midst of a healthy pullback to the uptrend line created over the past month. On the daily, price has just closed above the local downtrend line of the consolidation pattern which suggests that price will, at a minimum, attempt to re test the $5.40 - 5.50 dollar range before likely continuing upwards.
Further support for a future breakout of resistance includes the following: (1) decreasing volume during consolidation (sign of a healthy consolidation), (2) intact up trend line, (3) price consolidation above the key support level of $4.53.
I will be looking to enter the market around $4.60 with a stop loss just below and a first price target around $5.30 (just below the prior swing high).
💡 Don't miss the great Buy opportunity in XTZBUSDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (4.20). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. XTZBUSD is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 56.
Take Profits:
TP1= @ 4.7680
TP2= @ 5.2300
TP3= @ 5.3115
TP4= @ 5.6550
TP5= @ 6.1510
TP6= @ 6.6780
SL= Break below S2
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Tezos (XTZ) - February 17Hello?
Dear traders, nice to meet you.
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We need to see if we can get support from 4.1852-4.4810 and climb above 5.3684.
If you go down at 4.1852, you can touch the 3.5936 point, so you need a short stop loss.
The next volatility period is around February 22nd.
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** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Hence, the interpretation is the same as the conventional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator published by oh92. (Thank you for this.)
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day.
G1: Closed price
G2: Market price at the time of opening
(Example) Gap (G1-G2)
XTZUSD Expecting strong 3-month leg to $9.00Pattern: Fibonacci Channel on 1D.
Signal: Buy as the formation of a 1D Golden Cross has been since 2019 the signal of further upside continuation. Has many similarities with the December 2019 Golden Cross.
Target: 9.000 (contact on the 1.00 Fibonacci as well as the 1.618 Fib extension from the former High).
Most recent Tezos ideas:
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Tezos it's break out!!! Bull run began!!!Tezos it's into this break out of the resitance of $4.50 USD. Now, Tezos it's above of this price and in some moments, Tezos have a cotization above of $5 dollar. But looking this crytpocurrency, we see that Tezos it's leading with the bullish sentiment to $20 dollar.
In Daily timeframe, it's the better to trade Tezos, but take in reference the H8 timeframe to look this trade to entry to long position in Tezos.
Sincerely, this crytpocurrency it's become more popular and unique crytpocurrency, but I do not have any Tezos coins becuase as Tezos I appreciate much, but I'm so enfocous to invest 5 crytpocurrency and that are; Bitcoin, Cardano, Ethereum, Chainlink and XRP. But I can to trade crytpocurrencies rest that I do not invest just to see their forecast.
If you're invest in Tezos, noticed that these are my 3 targets: $20, $100 and $500 USD to take profit in your investment. But i just trade this par, but not invest. I just choose my potentail crytpocurrency in my personal opinion, but I always follow the crytpocurrency trend to know, trade and more.
If you like Tezos, you can to support this trading idea for other what they have a plan to know to trade Tezos.
XTZ to Follow LINKHi guys, it’s been a while since I posted something here
My last publication was about Bitcoin and it turned out to be quite on-point (as usual)
BTC is on its way to $50k (and far beyond) , but there’s definitely something more interesting going on with Alts
Take a look at Tezos (XTZ). Structure looks very similar to what LINK printed in 2019-2020. What followed after that you all know
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The information given is never financial advice. Always do your own research
XTZ - 6h. Buyers can expect $6.4 but only after $4-4.2+ 125% for a month and a half. XTZ buyers have set a great result for the beginning of 2021. One of the most aggressive coins of recent times has come to its critical point again.
If you look at the daily timeframe , we see that from February 2020, buyers can not consolidate above the range $4-4.2
Today, buyers are trying for the third time to break through this range and increased volumes will push on it. In addition to the critical range, buyers rested on the trend line, which from January 9 constantly stops the growth of the price of XTZ and sends it for correction.
Unsuccessful attempt of buyers to consolidate above the global critical price zone $4-4.2 will provoke the beginning of the correction with the first goal $3.4 and the final - $2.9-3
However, if buyers can break through this range, we will consider this coin every time in a new idea. The optimistic scenario is a test of the mark of $6.4 . However, only after fixing the price above $4-4.2 .
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TEZOS ROAD TO 100$ TEZOS IS THE MOST BULLISH ALTCOIN OF 2021 AND WILL OUTPERFORM EVERYTHING.
#Easiest gains you will ever make assuming market dont go bearish.
1.Tezos has a lot good juicy stuff happening in 2021.
2.Tezos was at this market cap 1 year ago and all of the other alts moved 20-30x
3.TEZOS is on greyscale/coinbase
4.TEZOS HAS A LOT OF MONEY UNLIKE OTHER ALTCOINS COMPANIES. (Cough cardano foundation)
5. TEZOS IS BEZOS FROM AMAZON!!!
Dont yolo on futures but buy on spot and hold. Enjoy them gainz