Tezos
XTZUSD to move sideways(1D) | Trade inside the bandsMarket in last 1 week
-XTZUSD saw a downtrend and got support from lower Bollinger band at $3.11
-Price volatility was very high. The market moved ~12.9%, between $3.51 and $3.11
Today’s Trend analysis
-XTZUSD expected to see a sideways movement as the price saw support from the lower band with Bollinger band seeing a fall
-Price at time of publishing: $3.27
-XTZ’s market cap: $2.43 Billion
-Oscillator indicators are mostly neutral. RSI at 45
-Moving average indicators are biased towards a downtrend. Ichimoku Cloud is neutral and Hull MA indicates a buying opportunity
-Volume indicators saw an increase in recent red candles while a decrease in the blue candles
Price expected to see a sideways movement as the price saw support from the lower band with the Bollinger band seeing a fall. Most of the Oscillator indicators are neutral. MACD approaching from below the signal line with histogram size decreasing in the negative direction, suggesting a bearish bias. RSI at 45, below the midline still in the neutral region. CCI is around -78, increased from the oversold region to the neutral region. Another interesting point to notice here is that price is trading inside the bands with volume increasing ith red candles and decreasing with blue ones, indicating a strengthen selling pressure.
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The analysis is based on signals from 28 technical indicators, out of which 17 are moving averages and remaining 11 are oscillators. These indicator values are calculated using 1 D candles.
DM to get details of the above analysis and list of indicators & their values used to arrive at the above conclusion.
Note: Above analysis would hold true if we do not encounter a sudden jump in trade volume .
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If you find the analysis useful, please like and share our ideas with the community!
- Mudrex
XTZ.USDT\BTC (Y20.P3.E2.v2).Now we waitHi All,
Just going through the charts and basically planning ahead as to which are the best from a number of options.
While doing so, will post some of my thoughts.
Cheers,
S.Sari
XTZ.BTC thoughts > Not one of the best options out there... others have better trends.
Tezos (XTZ) - August 31Hello?
Dear traders, nice to meet you.
"Like" is a huge force for me.
By "following" you can always get new information quickly.
Thank you for always supporting me.
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We must see if it can rise above the uptrend line (4) and above the 3.3820 point.
You also need to see if you can get support and climb at 3.33.
The 2.8886-3.2 section is an important section, and if supported, I think there is a possibility to create a new wave.
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** 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 generating profit 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 trading. You must trade from a short-term investment perspective.)
XTZ $$$ Possible Scenario $$$Hi there !!!
XTZ seems like to make really good move as its moving uptrend after hitting its key support and also seems like have its downtrend over, of almost 20 days long....And Ready for a fresh move if today's market can closes up above $3.3 or above ...but if the market goes down below $3.18 then possibly we could see more downtrend incoming !!!
Cheers !!!
Happy Trading !!!
Tezos Trading planHello Traders,
Tezos is inside of a huge accumulation in a retangle shape. It possibily will give us an excellent buy opportunity if it touch the base of this retangle. I will keep my eye on Tezos if it goes to the blue line again.
For more analisys like this, push like button and follow us on tradingview.
XTZ/BTC fib retracement levels, strong support around 25k satExpecting a dump back to fib level 0.5 if 0.382 will not hold within the next days.
Also expecting a bounce near fib 0.5, price bounced multiple times around that important key range.
Why Tezo's could explode to the upsideIf we look at the XTZ/BTC chart we can see that Tezo's is forming a MASSIVE multi time frame flag on the cross. If this midterm support level in the XTZ/BTC cross does hold. We are due for a MASSIVE upside break in Tezo's. You can see in the past where Tezo's usually consolidates before a move up. We have seen a ton of coins popping off for moves. ATOM, LINK, etc... Tezo's seems to be the next on the list.
The XTZ/USD chart also looks very good. We are at a massive support zone that has been confirmed a few times. If this level does indeed hold, it will catapult it much higher. Once the XTZ/BTC cross start's breaking to the upside, we will everything rocket higher.
Targets. If we measure the breadth of the Tezo's move it gives us a .0006 target on the cross. If USD really gets going I would imagine our earlier $5-$6 target get's hit easily. With the possibility of $10 if things really start going like atom or link.
Things could get interesting,
-sherem
AdBankDid you miss the adbank train? No worries!
After a massive 700%+ rally off the lows, adbank has come back down
to earth and seems to be setting up for another push! So long as our supports hold, Adbank
looks good to take a crack at the highs. We need to establish support on the yellow highlighted area!
This would be a key area as it also sits right above our .618 Fibonacci support level. We are also testing
the 21 day moving average as support! Everything lines up well for this rocket to refuel for the next push.
This is a great area to begin setting up your entries because when adbank takes off it doesn't wait for anyone.
This is a low market cap coin so it doesn't take much to get it moving! As long as we stay above our key areas and
supports, this coin could be getting ready for take off!
XTZUSD to see a downtrend(1D) | Series of HL and LH observedMarket in last 1 week
-XTZUSD saw a downtrend breaking below the midline band
-Price volatility was very high. The market moved ~20.59%, between $3.94 and $3.27
Today’s Trend analysis
-XTZUSD expected to see a downtrend as a series of higher lows and lower highs were observed with Bollinger band squeeze
-Price at time of publishing: $3.63
-XTZ’s market cap: $2.69 Billion
-Oscillator indicators are mostly neutral. RSI at 53
-Moving average indicators are biased towards an uptrend. Ichimoku Cloud is neutral
-Volume indicators saw a decrease in volume as blue candles were observed suggesting a weak buying pressure
Price expected to see a downtrend as a series of higher lows and lower highs were observed with Bollinger band squeeze. Most of the Oscillator indicators are neutral. MACD below the signal line with histogram size decreasing in the negative direction, suggesting a bearish bias. RSI at 53, above the midline still in the neutral region with an up move. CCI is around -30, still in the neutral region. Another interesting point to notice here is that a decrease in volume is observed as blue candles are seen, suggesting a weak buying pressure.
----------------------------------------------------------------------------------------
The analysis is based on signals from 28 technical indicators, out of which 17 are moving averages and remaining 11 are oscillators. These indicator values are calculated using 1 D candles.
DM to get details of the above analysis and list of indicators & their values used to arrive at the above conclusion.
Note: Above analysis would hold true if we do not encounter a sudden jump in trade volume .
----------------------------------------------------------------------------------------
If you find the analysis useful, please like and share our ideas with the community!
- Mudrex
Tezos Took A Beating — New Target In Sight
XTZUSD hit both our 15% and 25% target... even bumping into our moon rocket icon, as per our previous Tezos analysis:
Then Tezos got dragged back down with the rest of the market and now looks to be recovering upwards momentum as shown here on the 6-hour chart with moving averages now crossing over.
With an 8% target back up to previous resistance, Tezos may then make another attempt at consolidating on top of that level ready for new price discovery beyond the All Time High.
Build and optimise your own trading strategies with the beta version of our algo-assisted backtesting tool.
Note: SparksterSignals (including our technical analysis and our algorithmic backtested signals) are not provided as financial advice.
XTZ.USDT (Y20.P3.E2.v3).Now we enter--- Continuation from the previous post on XTZ, link below ~~~
Hi All,
OBSERVATIONS:
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> The 2 Day chart has given a nice bullish candle off a strong support area and fib level in an uptrend on the macro.
> The daily chart below gives indicators as a reversal with upward pressure.
> 21/34 EMA has confluence with the price and trend.
> BTC moving sideways
> SP500 steady and likely to go slowly with some undecided upward direction, some more.
THOUGHTS:
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Buy, look at the lower time frames to decide when to go in.
Cheers,
S.Sari
DAILY Chart:
4 HRLY chart: 2 touches to confirm support. You might want to wait for another touch but unlikely.
PREVIOUS POST
Have changed my mind on the ABC pullback, based on what BTC is doing for now.
Tezos Price Analysis: XTZ/USD falling Wedge Pattern Breakout
Tezos bulls revive the uptrend after bouncing off support at $3.20.
XTZ/USD could build on the wedge pattern breakout and achieve highs not only above $4.00 but also $4.50.
Tezos bulls managed to defend the support at $3.20 following a continued breakdown from the 2020 high traded recently at $4.50. The downtrend remained unstoppable with the price breaking support after support. The buyer congestion at $3.20 this past weekend was a fresh breath of air into the bullish camp as XTZ/USD commenced the ongoing reversal towards the coveted $4.00.
At the time of writing, the price is trading above a falling wedge pattern following a breakout. Tezos is dancing at $3.61 amid the push to reclaim the inches of the ground towards $4.00. The price is also trading above the moving averages too where the 50 SMA $3.50 and the 100 SMA at $3.59 in the hourly range are in line to provide support in the event a reversal comes into the picture.
Looking at Tezos from a technical perspective, it becomes apparent that buyers are dominantly in control. This is reflected by the Relative Strength Index (RSI) sharp spike towards the overbought region (70). Besides, the Moving Average Convergence Divergence (MACD) cross above the mean line (0.00) confirms the bull’s increasing influence over the price.
Tezos is poised for more action above $4.00 and this will mainly build on the breakout above the falling wedge pattern. Trading above $4.00 will pave the way for gains beyond the yearly high at $4.50.
XTZ/USD Intraday Levels
Spot rate: $3.64
Percentage change: 3.78%
Relative change: 0.1297
Trend: Bullish
Volatility: Expanding
Tezos (XTZ) - August 24Hello?
Dear traders, nice to meet you.
"Like" is a huge force for me.
By "following" you can always get new information quickly.
Thank you for always supporting me.
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You need to make sure you can get support at point 3.5378.
It remains to be seen if it can rise above the uptrend line (5) and gain support at 3.7307.
If you move down at 3.5378, we have to see if we can get support at 3.33 and the uptrend line (4).
If you are supported in the 2.8886-3.2 section, I think there is a possibility to create a new wave.
The 2.8886-3.2 section is a very important section in XTZ price.
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** 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 generating profit 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 trading. You must trade from a short-term investment perspective.)