Tezosusd
TEZOS (XTZUSD)- LONG IDEA TEZOS (XTZUSD)- LONG IDEA
Tezos has broke into our Buy Zone Area off the Daily Timeframe we are now looking for low prices to Buy up towards our Daily Target of 4.3566.
We have established an up trend/channel and looking to buy the counter trend break towards our Target 4.3566.
Path 1 : If the channel holds then we could see the Market reversing off that support trendline towards our Target of 4.3566 .
Path 2: If the trendline fails we have seen a strong Support Level below the trendline which could start the reversal to the upside towards our Target of 4.3566 .
Take Profit : 4.3566
Stop Loss : 2.3736
XTZ Daily chart potential to breakoutTezos played well in this recent period of time and its almost broke the major resistance of 4$ , however it looks after Bitcoin to moving on like rest of the crypto market .
If tezos close daily candle above 4.05 resistant , it will reach 4.50 and probably goes to 4.80 for the second run .
XTZ LONG :
entry: 4.08
Tp 1: 4.48
Tp 2: 4.74
Tp 3: 5.120
Sl:3.85
Its not a financial advice ,DYOR
I would love to hear your ideas about TEZOS
XTZ short setupTezos had a nice run over the past week but is still in a general downtrend and currently reaching a tough resistance area, which coincides with:
- 0.5 FIB level
- 50 EMA
- Low volume compared to the last big run in sep/21. This makes me confident in that we are more likely to see a move down.
Waiting for confirmation on the lower timeframes before entering
Tezos XTZ - Buy and Sell with Funnel Trend Pattern We broke down from top of funnel off weekly TD9 Sell, while slightly above daily sell zone area.
In the weekly Buy Zone now. If we break down from this zone then green daily and weekly green supports line are in play near bottom of funnel.
Red weekly extended sell zone is in play for an area to take profit after funnel break out.
Happy trading!
XTZ (Tezos) Coin Analysis 15/03/2021Fundamentals:
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.
Although staking is common across blockchains, Tezos has a unique twist on this process. Participants can get involved with the network’s governance through “baking,” where they effectively stake 8,000 XTZ. This creates a financial incentive to act honestly.
Bakers are then tasked with voting on proposed changes to the blockchain’s code in a four-step procedure that takes approximately 23 days. Proposals that receive support from the vast majority of participants are put through their paces on a testnet for 48 hours and are fully implemented if they are backed by a super-majority.
Tezos is also unique because of how it has started to be used by high-profile businesses. In September 2020, it was announced that the French banking giant Societe Generale planned to use this blockchain for experimenting with a central bank digital currency.
Big cryptocurrency exchanges such as Binance and Coinbase have also unveiled support for Tezos staking, meaning users can receive rewards based on the XTZ that they hold. This is not a feature that’s seen too widely across digital assets.
Arthur Breitman was the man who wrote the Tezos white paper — and in a nod to Satoshi Nakamoto, he wrote his works under the pen name L. M. Goodman. He argued that one of Bitcoin’s biggest failings was the lack of a governance process that invited contributions from the community who use the network — as well as the fact that new tokens couldn’t be issued through this blockchain.
He and his wife Kathleen founded a startup called Dynamic Ledger Solutions which was tasked with writing the code that would underpin the Tezos protocol. This company was subsequently purchased by the Tezos Foundation to ensure that it owned all of the intellectual property rights relating to the network.
Technical Analysis:
there exist a Hidden Bullish Divergence with MACD Histogram which is the sign of trend Continuation,
there are total of 3 Targets Specified By Fibonacci Projection, where as the 3TP gets its confirmation as the price Triggers the 2 TP followed by Price Correction.
Tezos Healthy RiseXTZ is making higher highs and corrections seem healthy and following Fibo Retracements.
i don't know much about Tezos FA so i will stay quiet on it.
Like always keep an eye on BTC moves, Everything in Graph !
Good buy zones :
- 3.5$
- 3 $
Sell Zones :
TP1 : 7$
TP2 : 9.9$
Happy Tr4Ding !
Tezos Ready for a BIG run!!Looking at our XTZ daily chart, we have broken out of the longer descending channel and looks like we are ready to make our next leg up! as far as support goes we have quite the cushion below us, we have strong support at our current position at 4.4$, support at 3.9$, uptrend support coming from the last bottom in the descending channel, and finally the top of the descending channel now acts as support. Looking at our bollinger bands we also have the midline as support as of right now, we need to stay above here for our daily close tonight, a break and close below will flip our midline to resistance. Another nice sign we are getting from the bb's is we notice they are beginning to squeeze down on price action, now this means volatility is shrinking and historically this leads to very explosive moves, now keep in mind we don't get a confirmed direction of that explosive move, thats why we use different indicators to try and pin point the upcoming direction. One last thing on the bollinger bands, if we can hold the midline going into tonight the door is open for us to make a push to that top band, if we can close ontop most likely we will spark that big upside move! Now the squeeze momentum indicator, we are coming out of another bearish squeeze, our red bars have retreated back to the midline and its looking like we could start a new bull squeeze coming up shortly, what we want to see is a strong open with a green bar and day after day seeing an increased green bar, this would confirm a bullish squeeze and the option for that explosive squeeze release is on the table! Think we are in the midst of a massive upside run coming soon, based off our recent price action and 3 strong bearish squeezes we have previously seen we should be loading up for quite the upside move! Not financial advice just my opinion!
Ascending Broadening Wedge on TezosTezos (XTZ) is moving in a main parallel channel and it's now printing an ascending broadening wedge pattern on the weekly chart in pair with bitcoin. I expect another leg up to the resistance zone at 0.00023 and then falling down to 0.00004 level. If it couldn't reach this resistance level and rejects the EMA50 at 0.00011 it's highly possible to break down the wedge to the wedge projection.
XTZ: The Beginning of a Reversal?Hey guys, this is Julie 😉
Let's talk about Tezos today.
I am quite optimistic about XTZ, it is in a clear support zone (orange line) - this region has served as support/resistance many times before, and it doesn't look like it will be lost this time.
The bears don't seem to have the strength to make Tezos fall again.
We can see that the volume has increased a lot today, proving that the bulls are stronger! 🔥
And we have a nice Bullish Pivot on the hourly chart, reinforcing again that XTZ is recovering and this could really be the beginning of a reversal.
If today's candle closes above this green line, I believe it would be the best time to buy XTZ.
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On the weekly chart we can see that Tezos is still in a Bull trend, making higher highs/lows (I can't post the image here).
And that is why I believe that if today's pivot is not triggered, Tezos will not fall below the red line (the price low in Dec 04).
It may start to move sideways for a while, but it is very unlikely to fall.
And that's it! Thanks for reading my analysis! Please, support me with your like and subscription! 😍
Bye bye, have a nice day. 😉
Tezos/usdt long term perspectiveTezos has established a nice uptrend, as we can see the price bounced from 0.786 fibo, longterm trend line and support. I expect price to rise from here until it reaches upper band, but first we need to break out above purple box :).
It is not financial advice, I'm just sharing my personal view.
Tezos, will we have XTZ in 2022? WEB3.0Hey crypto fam, please thumbs up the chart if u like it or find it useful...
Big gainer after the early 2021 crypto market crash, Tezo's has rebounded with huge strength this week, so here is the weekly view of the ambitious project looking to take WEB3.0 into the next decades
A clear trend line of support in yellow gives us a good idea of possible entry pivots and using the fib we can see where to exit.
The price on the top side shows a widening wedge, kinda like a horn, which could be extended if we can get back over the last ATH of $9.14, targeting $11.2, $12.3 & $13.8
Indicators show us more room for price to grow, RSI and CoP are both in the right trend, vixfix shows a market bottom last week, but it's very possible if bitcoin cannot hold key area of $50k we can see lower prices again under $3
Please check out my other charts, share and enjoy an easier trade experience
merry xmas
MY MINIMALIST ANALYSIS FOR TEZOS $XTZ
11.16.21
2353H +8 PACIFIC
ALERT: ENTRY POINTS
The Market has amazingly moved along the TOPS and BOTTOMS of our BOXES, signifying TURNING POINTS of PRICE ACTION.
JUST DYOR ENTRIES. Watch for Price action/ RSI and STOCH, VOLUME, and FIBS. Set your tight stop loss as any geopolitical, natural/man-made calamities will change the course for our TARGET AREAS OF VALUES.
REMINDER:
INDICATED ARE ENTRIES, PARTIAL EXITS/TOP-UPS, EXITS, and MAXIMIZED AREAS OF VALUE
"FOLLOW THE WHITE RABBIT!"
Just Follow the TOPS and BOTTOMS of the BOXES as a GUIDE where the MARKET will take you.
HOW TO USE THIS MINIMALIST CHART
Created on a MONTHLY, WEEKLY & DAILY Analysis (The Dynamics of the Market.)
It is designed for SWING TRADES at the BOTTOM. I do not SHORT, though, you can still use it.
You can CLICK AND hold THE CHART and PAN or DRAG IT.
TARGET ZONE IDENTIFICATION
The LARGE BOXES (Tops and Bottoms) are MAJOR pivot points that will occur sometime in the future. While the SMALL BOXES (Tops and Bottoms) are MINOR pivot points.
These can be entries to a BUY/ SELL POSITION, EXIT/PARTIAL EXIT/TOP-UP AREAS,
and, if you wish to hold longer for a MAXIMUM TARGET EXIT AREA OF VALUE - CONSERVATIVE (If price action conditions are right at that given moment.)
At times I include WAY BEYOND PARABOLIC Price TARGETS depending on The Character of the Market (CRYPTOS ONLY).
Watch out for your Volume, Chart Patterns, Candlestick Math, FIB COILS ( ABC ), Price Action, FIB LEVELS, Market Dynamics, especially institutional and retailer trading psychology.
Wishing you all The Best Trades and Thank you all for your Appreciation and Support of My Work.
Much thanks to My 3 Mentors. They are so much of a Blessing that I also wish to Share.
Vive Le Autist!
Vive Le Egalitarianism!