Tezos XTZ price “finally” shoot outOldies here?) Do you remember that there was such a coin as #XTZ ?)
Yes - yes - this is the “stick” that shoots once a year and falls 3y)
It's hard to believe that the current growth of the OKX:XTZUSDT price will be above $1.58-1.78
Therefore, this idea will probably be more interesting for #Tezos holders
Although.... maybe we don't know something about the bright future of this project ?)
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Xtz
#XTZ (SPOT) entry range( 0.560- 0.682) T.(1.180) SL(0.541)BINANCE:XTZUSDT
entry range( 0.560- 0.682)
Target1 (0.890) - Target2 (1.180)
1 Extra Targets(optional) in chart, if you like to continue in the trade with making stoploss very high.
SL .1D close below (0.541)
It is heavy coin , it may take time to achieve the targets.
*** collect the coin slowly in the entry range ***
*** No FOMO - No Rush , it is a long journey ***
**** #Manta ,#OMNI, #DYM, #AI, #IO, #XAI , #ACE #NFP #RAD #WLD #ORDI #BLUR #SUI #Voxel #AEVO #VITE #APE #RDNT #FLUX #NMR #VANRY #TRB #HBAR #DGB #XEC #ERN #ALT #IO #ACA #HIVE #ASTR #ARDR #PIXEL #LTO #AERGO #SCRT #ATA #HOOK #FLOW #KSM #HFT #MINA #DATA #SC #JOE #RDNT #IQ #CFX #BICO #CTSI #KMD #FXS #DEGO #FORTH # AST #PORTAL #CYBER #RIF #ENJ #ZIL #APT #GALA #STEEM #ONE #LINK #NTRN #COTI #RENDER #ICX #IMX #ALICE #PYR #XTZ ****
Tezos painting a double bottom pattern on the weekly chart?XTZ just hit its previous breakout target and much like hbar proceeded to then fly right past it and keep pumping. We can see price action is now about to reach a potential double bottom neckline on the weekly chart here. Always a good chance after a pump like this price will end to consolidate a bit before getting a second wind needed to confirm the breakout of this pattern and head up to the next target, but being that we are now in the parabolic phase of the bull market and total2 chart is about to confirm a cup and handle breakout, we may see a much shorter period of consolidation before it does try to validate the double bottom patter than we normally would. If we can confirm the breakout around where I have arbitrarily placed the dotted measured move line Tezos could climb back to $2.50 and reclaim some of its previous glory. *not financial advice*
Tezos (XTZ)Tezos is one of the pioneers in the crypto and blockchain markets. Tezos was created, by Arthur Breitman, to fix one of the drawbacks of Bitcoin, which is the lack of a governance process that invited contributions from the community that uses the network, as well as the fact that new tokens couldn’t be issued through this blockchain. Also, the code of XTZ is implemented in OCaml which is a fast, flexible, and functional programming language that can evolve and improve over time without ever being in danger of a hard fork. This is something that both Bitcoin and Ethereum have suffered from since they were created.
Anyway, Tezos been going up and down, and as a result, a harmonic pattern formed, which recently ended, and XTZ broke the downtrend line too. After that, a double bottom also formed, and XTZ is trying to break its minor downtrend line. Let's see what happens.
XTZ Technical Analysis in Weekly TimeframeHello everyone, I’m Cryptorphic.
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Now, let’s dive into this chart analysis:
SEED_DONKEYDAN_MARKET_CAP:XTZ is in a downtrend, hovering above the support trendline at $0.619. With the current price holding the support, XTZ will likely test the resistance trendline at around $0.981.
If the price breaks above the resistance, we are likely to see a bullish trend exploring the higher side of the chart.
Key levels:
- Support/Entry: $0.6 to CMP.
- Primary Resistance: $0.981.
- Long-term Target: All-Time High ($9.171).
- Invalidation Point: A close below the support trendline.
DYOR, NFA.
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#XTZ/USDT#XTZ
The price is moving in a 4-hour channel and sticking to it well
The price rebounded well from the lower border of its neck at the green support level of 0.910
We have a tendency to stabilize above the Moving Average 100
We have oversold resistance on the RSI indicator to support the rise, with a downtrend about to break higher
Entry price is 0.910
The first goal is 0.980
Second goal 1.053
Third goal 1.12
Fourth goal 1.20
At long last, finally at once, twice the dice, flip in the flop.It's in the name lads, we here, we living, we trying to find the shine of the dime, and here it is, may Tezpoop bless us with it's magical move to the UPSIDE of course.
ON G FR FR NO CAP NO KIZZY WE BOUT TO VROOM ON TOP GANG IS DONG EZ CLAPZIES.
Tezos: Crypto's Unofficial Index Coin 😂 (Formerly Stablecoin)A quick video pointing out the fact that Tezos ( SEED_DONKEYDAN_MARKET_CAP:XTZ ) pretty much *always* sticks to the middle of the pack, as far as crypto assets goes. The pattern implies that the asset is stable/reliable in a way that often goes unnoticed. (This pattern, plus its generous staking rewards makes it quite lucrative, in some cases.)
A pattern that I noticed while being active with the art collective DAO on TEIA and teia.cafe.
XTZ/USDT It required to bounce for back to upward movement!💎 Paradisers, #XTZ has recently experienced significant market dynamics. Currently resting on the demand area, #XTZ needs to bounce for a potential upward movement and retesting of the resistance level. Previously, #XTZ faced rejection at the resistance area, highlighting its significance.
💎 However, if #XTZ successfully breaks above the resistance level and reclaims the price, it could signal a bullish continuation towards our target area.
💎 Conversely, if #XTZ fails to bounce and breaks below the demand area, it could indicate weakness. A breach of the support trendline would further confirm a bearish outlook, potentially leading to a reversal in price direction.
XTZBTC 6HAnalyze XTZ/BTC
The long sequence of red candles in a row shows the bearish channel, but looking in perspective it is clear that XTZ/BTC is in an accumulative formation, indicating a trend reversal.
The MACD histogram is below the zero line, indicating the reduction in bearish momentum, its convergence indicates that a change in trend may be close.
The RSI is neutral and can move in any direction.
A confirmation would come with the MACD crossing the zero line and the RSI remaining above 50.
The prognosis is positive, with the XTZBTC pair alone being worth HOLD, as XTZ is a high-performance blockchain and open source platform for assets and applications, with a strong focus on code security, on-chain governance and decentralization. Tezos 2.0, the next step in the evolution of Tezos, aims to improve scalability (via layer 2), composability, and implement support for mainstream programming languages (such as Javascript, Typescript, Python, and many others).
Next supports: 0.00001772 / 0.00001692
Next resistances: 0.00002031 / 0.00002194
XTZ/USDT Ready it Claim its Throne? Tezos Analysis💎Paradisers, let's shift our focus to #XTZUSDT, highlighting a pivotal moment that hints at a potential turnaround from its critical support zone.
💎Examining the trajectory of #Tezos in the weekly charts, we've observed a significant downtrend in 2020, briefly interrupted by a relief rally in 2021, only to see the bearish trend persist. This pattern was marked by a series of lower lows, coupled with diminishing trading volume, leading up to the present.
💎 Welcome to 2024 – a year that begins with remarkable volatility. The landscape is marked by a pronounced red candle, quickly followed by a green one, marking a bottom for #XTZ. This period's trading volume surged above the norm, signaling a distinct shift from the established pattern. This transformation stands as the most telling indicator of an impending shift.
💎 In anticipation of this shift, we're closely monitoring a bullish resurgence from the bullish Order Block (OB) at $0.921 in the 4HR timeframe. If this level does not hold, we foresee a bullish wave emerging from a subsequent support level. It's a critical juncture that could herald a new phase for $XTZ.
💎 Keep your trading arsenal flexible and your vigilance high, Paradisers. Your ParadiseTeam is on the lookout, prepared to navigate you through these dynamic market waves.
XTZ chasing ETHSOL stole all the hype among alt L1s early on this cycle, but I think XTZ will be a sleeper hit and it's already rallying hard, printing very bullish pattern on Weekly timeframe backed up by some nice increasing volume.
You might get more volatility from smaller caps, but we'll see some nice predictable advances from solid, established projects like Tezos.
As always, BTC is driving the car at this stage in the cycle.
Happy trades,
CD