Tezos: Heavy Volume. Bullish Trade Set-up. Tezos has seen a significant increase in volume after the news that Kraken was going to allow full staking services. Now, Coinbase, Kraken, & Binance have announced full staking services for Tezos. With a 7% annual ROI for staking, Tezos is being positioned to be a high-interest savings account for its holders/stakers.
As I have noted in the past, I see this project having a lot of success during the next Crypto Bull Market - whenever that market kicks into gear.
In the short term, it looks like there is a Bull Flag trade set up on the 30 minute & hour chart. If this pattern breaks out Bullish - a 10% move the 1.87 - 1.95 range would be likely.
Tezossignals
A word of caution to Tezos traders Hi traders and welcome to another Tezos (XTZ) analysis
I want to congratulate all bullish traders for gains on Tezos, and reason why it may be time to take profit for a while.
Starting from the October 2019 low and $0.74, Tezos seems to be completing its Wyckoffian Phase D, where markets begin the new uptrend after a significant low.
As we can see, tezos made great progress toward the August 2019 high of 1.70.
What makes me cautious at this point, is the market’s behavior at this price level back in August. The distribution trading range (TR) that formed (the Blue B on the chart), consisted of an abrupt 20% initial drop from the high and pushed the market back in the trading range.
While it seems like this time there is much less supply by comparing volume signatures at the time, and the fact that we’ve closed above the highest high since the trading range began, are heavily bullish factors, this might be a short-term turning point for Tezos.
So let’s further analyze this hypothesis.
Using Elliott Wave we can see that Tezos has made an ABC correction to the Jan – May rally. This drop was down to approximately 0.236 FIB level, which Elliott suggests is a common level for wave 2 pullbacks.
On the 4 hour chart, we can also detect an impulse wave from the wave C low. So this new impulse could be Wave 1 of III. Ok so the first point of caution here: Wave 2s are usually deep pullbacks to the 0.236 level. So the price could go all the way back to the bottom of the TR around wave 2 or meet the wave 4 TR again.
The BTC cross is another point that makes me cautious.
On the Wyckoff side, we can see the cyclicality of the market which corresponds with the Elliott Wave structures, as noted on the chart.
We can see that the cross may have finished a 5 wave impulse and is due for an ABC correction.
So there should be an alternate way to look at the USD cross:
This is where the ALT B comes into play. We can also see a 3 -3 -5 structure, which could be a complex wave B of the primary ABC correction of the Jan – May rally.
Now in this scenario, keeping in mind the principle of alternation in Elliott method, wave C should consist of sharp drops, since wave A was contained and took about 45 days. So maybe, like last year, we’ll see one last drop in Tezos, before a Santa Rally. (I actually predict that’s what’s going to happen to BTC but that’s a story for another time)
Thanks for your time traders, e sure to leave your ideas about my analysis and like the post!
#TEZOS Wants More! $XTZ$BTC pair. NAILED IT!As predicted Tezos is smashing through the charts. This rocket fueled project has outperformed the entire #Crypto market specially $BTC over the past year.
We are just now finally going into price discovery with a sustained growth flipping resistance into support. My prediction is that we are not stopping until 0.0025sats. I also predict a continuation to 0.0035 sats by Xmas where the main target is somewhere around 0.0078 over the next two months +-.
My presumption is that it will come sooner vs. later. #Tezos will land right around top 5, in the next 60 days. There are tons of news coming out including the first STO, ZStarck privacy feature, stable coin and more.
What are you waiting for? Stacking is paying 7% or 5.6% simply on Coinbase.#Binance zero fee stacking, OKEX etc.. pick your battle fellas.
This is Potentially financial advice
Just go long! You have everything to lose! FOLLOW THE MONEY!
Tezos = 2$The most successful ICO in 2017 232 million $ - 2 weeks
+ advantage
1.Self-amendment system
2.At the heart of Delegated Proof of Stake
3.Formal verification for smart contracts
4.Large community
- disadvantage
1.On-chain governance
2Little different from ETH
3. Not fast transactions
NEWS
www.coindesk.com
beincrypto.com
XTZUSDT formed bullish BAT | A good long opportunityPriceline of Tezos / US Dollar cryptocurrency has formed a bullish BAT pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
I have used Fibonacci sequence to set the targets:
Buy between: 1.1505 to 1.1347
Sell between: 1.1883 to 1.2450
Regards,
Atif Akbar (moon333)
Tezos (XTZ) cross may be ready for a bullish continuation Hi folks and welcome back to my analysis.
I just noticed that both the bitcoin and dollar crosses for XTZ are positioned for an up move, and since it is in line with our previous analysis on bullish continuation and it'd be a good idea to share it with you all. (link here)
Seems like on the right, our tezos created it's phase C low, and quickly and derisively made it back into the trading range. On the left hand XTZ may be making a "feather" structure. Where in Wyckoff methodology, it represent a very low volume, low volatility period that is followed by an explosive move.
Therefore, Tezos is officially on my trading list. I'm opening up probing positions with stops below the ATR, and I will add to my positions with significant bars to the upside confirming the up move.
Alternatively, folks remember there is a short-term bearish scenario that we are following. If this view fails, we are going to visit the lows at selling climaxes before we go to the top again! You can find more details in the previous post.
p.s sorry for the misspelling on the chart. Sign* of weakness
If you folks enjoyed my analysis, and want to stay up to date with updates, don't forget to follow me.
If you have any suggestions and criticisms please let me know in the comments! we are here to empower each other to survive this market!
Best,
Shayan
TEZOS Technical Analysis - XTZUSD - 24%-223% Profit ExpectedTEZOS Technical Analysis - XTZUSD - 24%-223% Profit Expected
Nice Trade Coming For TEZOS...2x - 3x Gains Expected.
Based on AB=CD pattern , Time Ratio & Gann Analysis, It's a potential long position with great returns :)
In a lower time-frame (4hrs) this long position has also been confirmed.
Target Profit Range - 0.63 - 1.55
(24%-223% Profit Expected)
TP - 1 - 0.63
TP - 2 - 0.84
TP - 3 - 0.99
TP - 4 - 1.16
TP - 5 - 1.32
TP - 6 - 1.55
Buying Zone! Long Position
Early Entry Trigger Point - 0.63 - 0.68
Ideal Entry Trigger Point - 0.48 - 0.53
For Bigger Time-Frame
***If you want to get in this trade from this point 0.86 you can still make 15% profit till TP3 is reached. There is a very high probability that price may continue to move upwards before it moves downwards towards my ideal entry point., It is recommended to enter with a smaller lot size if you want to go long right away & manage your stop loss accordingly.
Short-term Trade- 1hr- chart
I see a possible move going upwards and may hit 0.99 or it can even touch 1.06 mark that's why I have mentioned the points in a chart for a short-term long position too. As it's a short term risky trade, it is highly recommended to enter with a smaller lot size if you want to go long right away & manage your stop loss accordingly.
Good Luck.!
Disclaimer - This is not financial advice. This is my personal view and analysis of this chart.
If you follow this idea please plan your trade according to your lot size and account equity.
Don't forget to like, comment & follow , If you agree with my analysis :)
Will Tezo's invalidate the descending triangle?Tezo's probably has the most interesting chart right now. While the other crypto's are looking quite bullish, tezos isn't quite there yet. There is clearly downside pressure with the descending triangle, but RSI hasn't quite bottomed which makes it unclear whether that's a good thing or bad thing. MACD is starting to level off, but it doesn't have buying pressure either. if the triangle were to be invalidated, we could get a move much higher.
Tezos opened at around 50 cents and we have almost reached there again. This makes for a good long term HODL trade. While out downside is limited to about a 40% decline, on the upside, we have 150% and much higher if we hit $5. We will get a move to the upside, the main question is when? Do we have to wait months for it to happen or will it happen sooner with the invalidation of the triangle? Plus, Tezo's is growing. Could it be a coin that eventually goes to $100? Possibly. It's worth trading and tucking some away for a long term move IMO.
Happy Hodling,
-Sherem
Macro View For TEZOS $XTZ - After a retest of the all-time lowMy original assumption that HitBTC data was a good indicator of where Tezos should go was validated. It is clear to me now that this market is in fact taking into account the IOU trading patterns. The validation was finally presented once we took a nose dive and bounce right off of the initial IOU all time low back in 2017.
I am feeling extremely bullish on TEZOS, since reading the tweet from Elevated Returns Investment, President, Stepahne De Baets confirming having filed the STO paperwork to launch the so awaited $1 billion dollar real estate security tokenization on Tezos. He said and I quote "paperwork is filed, now only pending on Thailands authorities approval". "It will launch before EOY."
This is no joke ladies & gentlemen. We are going to take off and long be hold, Bakkt kicks off on September 23, with coinbase holding most of all the custody funds lol! BOOM!
This will be a walk in the park for Tezos, no brainer of an investment through Coinbase Custody. Most people in crypto will by taken by surprise when the price pops! It will be a huge spike due to low circulating supply and high demand be institutional investors. They want a project that is highly decentralized, immutable and that has money to keep on going! Tezos has $650m in reserves, huge STOS deals worth over $2b this year alone and the biggest custodian support with over 460 nodes. BANG BANG BANG! SAY NO MORE!
Finally, I like to reiterate once again that since confirming Tezos is indeed following the old IOU HITBTC pattern. I charted my targets on a larger timeframe, as it pointless to look at any other timeframe, 3 days. I expect October to be our biggest move to date setting the tone for the FOMO to come.
Follow the money! These targets will get blasted through soon or later.
Happy trading and cheers.
TEZOS Primed For Take OFF! - CoinbasePRO LISTED - CB App Next! COINBASE:XTZUSD
COINBASE:XTZBTC
Tezos is looking extremely bullish on the daily with a painted uptrend continuation signaling on our faces followed by a bullish falling wedge.
Coinbase Pro listing yesterday did not delivered the pump that we are about to experience in the next few days, due to BTC fluctuation and uncertainty in direction. Nevertheless, this is a new asset that Americans are now getting the chance to put their hands on! TEZOS in my opinion has a tremendous upside and has yet to pump since the launch of the project. HITBTC trading volume was primarily based of off future, IUOs which in contrast can show you the potential for long term gains.
BIG TICKET ITEM: With Coinbase SEC approval to host STO (Security Tokenization Offering) on it's exchange and TEZOS having secured a initial $1B STO deal with one of the biggest Brazilian investment banks in the past two weeks, I think this baby is primed to take off. $6 -$11 short term IMO. These are high numbers and I understand that, but consider the longterm goal as they are primarily targeting big money investment. It is also going to get listed in the near future as a security in the traditional markets NASDAQ at any given point. JUST A MATTER OF TIME!
People are still unaware of this project as the community is very tech driven and slow to dissipate information to the masses. The truth is that Tezos, is the biggest STO platform in Blockchain history and the only truly decentralized project with over 462 active nodes, coinbase custody & coinbase support for baking (POS) and the only blockchain with a banking deal in place.
Tezos circulating supply has over 80% doing Proof of stake or BAKING as they call it, which is earning 7% passive income to those who choose to become bakers and to become delegator in the voting consensus process. The minimum requirement is 8,000 XTZ in order to become a baker in POS staking mechanism. You don't have to do it yourself, there are pools that you can join from your wallet (Ledger Nano). The total number of tokens available for trading is more or less than 200 million as a result since 80% is primarily in POS from longterm HODLERS, which puts XTZ/TEZOS in a very favorable spot to pump and become top 5 projects in the Coin Market Cap in the very near future.
Once the news hit the masses, this is a no brainer! There is only upside from here. I've held TEZOS since ICO & look forward to see this project really show what it can do in the next few days or weeks in terms of price action.
Billionaire TIM DRAPPER put 30,000 BTC's as a seed investor into TEZOS. They are not going for your traditional DApps, they are after the big financial institutions due to its true decentralization and effective voting consensus unlike EOS and many other blockchains that claims to be decentralized but can vote to reverse transactions (EOS is NOT DECENTRALIZED).
I am not giving financial advice, but this is a no brainer to me that it will take off once the information gets spread out to the retail masses.
Accumulate, sit back & wait for the pump!
Leave a like, share & comment!
Happy trading & stay Safu!
TEZOS ON FIRE - Bullish Trend Targets - Aug 5 Coinbase Listing! This project is. on fire on a major uptrend with all major bullish indicators pointing at new Yearly highs.
I wounding be surprise if Tezos make a 6x to 80000 sats based on what I am seen on the charts.
Regardless - You have short term targets for the first the next 3 days.
Happy trading!
TEZOS - XTZ|BTC NAILED IT! ON FIRE COINBASE LISTING ON AUGUST 5!READ the chart for TA.
TEZOS is going to 10x by the end of Next week at a minimum! This is huge boys!
Top 8 very soon if not top 5!
Banks are building on top of TEZOS just got the deal confirmed this week STO. TEZOS is getting wrapped on an Stock market INDEX for institutional investors. Coinbase is offering node custody in addition to custody for mining.
I hope you can load your bags because this bad boy will put EOS and bitcoin to shame on Coin MKT CAP.
Good luck & Happy trading!
Hodl Tezos like a Chad. Target at $5Been buying at $0.52 with our target $1.37
A 160% up move.
But it's time for another trade.
See previous tradingview chart called "Buy Tezos like a Chad"
If you sold, it's time to buy back.
Now you have to buy/hodl like a Chad.
With a target at $5
Tezos is great. Smart contracts with formal verification and functional programming.
Buy/hodl. Understand the tech behind it and hodl to show these people who the real alpha male is. Take that position trade.
Don't need some triangles, Fibonacci and indicators to know that it's going to $5.