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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. ---------------------------------------------------------------------------------------- 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
COINBASE:XTZUSD
by Mudrex
3
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. -------------------------------------------------- ----- 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. -------------------------------------------------- ------------------------------------------- ** 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.)
by readCrypto
4
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
Long
by Sherem
5
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!
ALong
by Oroboros-
1