XTZ increased strongly after touching the MA 200. We could consider buying in the 2.3 - 2.4$ zone, the target will be the 3 - 3.2$ zone, even 3.8 - 4$ This analysis will be invalid if price breaks below 2.2$
What a beautiful sight for Tezos bulls. The consolidation over the past few weeks appears ready to make a breakout. Strengthening bitcoin technicals will continue to act as a tailwind lifting xtz even higher. Still reason to be cautious given the macro environment; however, this setup looks pretty. Grab your popcorn.
XTZ is still strong and the sell force is not too harmful to XTZ. The final target for XTZ is about 3.5$ in June But here we have 2 scenarios : - Move up from 2.6-2.65$ to 3.5$ - Lose the 2.5-2.6$ support, it will drop quickly to around 2$ then keep moving up to 3.5$ We should try these plans because the risk is very small
The exchanges love Tezos, Chainlink fans love Tezos, the bulls love Tezos, FA is bullish, and TA is bullish. With staking and transactions up, and with price continuing up too, what choice do we have but to show some love to the XTZ bulls with our own long setup. Resources: bitcoinexchangeguide.com + www.coindesk.com + bravenewcoin.com ✨ Drop a comment asking...
Sitting at fibonacci circle line, rising wedge is also in play, this fib circle line may act as resistance.
#TEZOS jumps from the MA100 on 4H chart. At the moment the priority is upwards cause we're located inside the correctional phase. Before entering LONG we should see a confirmed bounce from the mentioned level.
We're in the middle of the range $3.05 - $2.60, don't think to enter any positions here is a good idea, R:R is 1:1. It looks better just to wait the price will touch support or resistance and after that make my turn. And I would rather prefer to buy pullback than to short it above $3, i.e patiently waiting for the further PA. Hit the "LIKE" button and follow to...
XTZ followed the market pump and broke out 2.15 resistance. Target for this move is resistance zone at 2.47 - 2.55$. Although there is a chance it will pullback to re-test broken resistance, before going higher. This would give a chance for safe long entry. Support: 2.18 / 2.10 / 2.00 Resistance: 2.47 / 2.55 / 2.73 Week chart look bullish.
Signal XTZUSDT SHORT Open 2.2778, SL 2.3273, TP 1.7988 Risk/Reward: 1/9.68, Leverage: 5x
Tezos is doing great, bounced off support (missed my bids on a couple of dollars) and goes to resistance to test it in the second time. Don't plan to short this ride now, because I think it could go higher - to $2.4 for example, where I'd prefer to short, but watching closely on the price. Mid-term I think it's more profitable to buy pullbacks. Hit the "LIKE"...
Planning to buy XTZ for a quick scalp trade slightly below red line, at $2.04-$2. As you can see it was rejected at resistance and now testing support, I'm hoping a wick down will fill my bids. I'm targeting lower prices for my bids because BTC doesn't look great now (to return bullish bias it needs to back above $6900). Hit the "LIKE" button and follow to...
Labelled (1) initial breakdown formation, pushed through fib resistance Labelled (2) Breakdown phase Rising Wedge pattern present Included EMA as support, Looks quite stable
Tezos rompeu a resistencia, que agora passa a atuar como um suporte, na regiao dos US$ 1.78 e disparou ate US$ 2.10 no inicio do dia de hoje, agora entrando em movimento de correcao, buscando a regiao dos US$ 1.87/1.88, que e a regiao dos 50% da retracao de fibonacci, bem como a regiao da media movel de 200 periodos. Vejo uma boa entrada na regiao entre US$ 1.88 a...
Wave 4 overlapped into territory of 1 which not allowed for in impulse, here's possible rejection lvls in wave 5 failure
An eye on previous bullish harmonic move: Hi Folks hope you are doing well, this bearish trend is helping many tokens and cryptocurrencies to complete their final bearish legs to form bullish patterns and Tezos (XTZ) is also one of them. This time the XTZ has also completed another harmonic move but before moving to current pattern lets watch the previous move so...