Xtz
XTZ - Long-Term Bullish Reversal!Hello everyone, if you like the idea, do not forget to support with a like and follow.
XTZ is approaching a strong support so we will be looking for buy setups.
on DAILY: XTZ is forming a channel but the upper trendline is not valid yet, so we are waiting for a new swing high to form around it to consider it our trigger swing. (projection in purple)
Trigger => Waiting for that swing to form and then buy after a momentum candle close above it (gray zone)
Meanwhile, until the buy is activated, XTZ would be overall bearish can still trade lower inside the green.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
XTZUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the weekly time frame. There is the S1 line which has supported the price in the long term. It is at a very good spot to buy while keeping the Stop Loss. There is the R1 line which is a very strong resistance and the price has made long shadows to this line in the current months. If the S1 holds, then you can save your profit at the R1 line and if R1 is broken, then the price will increase more. If S1 is broken, then there would be more falling which is less likely.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
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 Rebound Coming Soon!?doing a little update on XTZUSD on a 4H timeframe, since out last TA we were trading inside of the red pennant, we had a false breakout and a once again a drop that is keeping us in this sideways structure. Shown by the green horizontal lines we have been getting rejected and have bounced many times in this zone, going all the way back to the beginning of september we have been stuck in this sideways channel, the positive thing is that we are respecting it very well on the support side not slipping through the bottom, we are currently sitting near the bottom of the zone just having a bounce off of it and starting to move to the upside. Looking at our pivot points, price action just bounced off the S1 support level and our next target is definitely the blue pivot point, this level if broken above and held can trigger a reversal and pivot to the upside, we also have another pivot point we are looking at above the blue zone and capturing this level should definitely give XTZ that bullish boost we need to really start moving up. I also have a breakout zone drawn out that is going to be important to capture, it lines up with the secondary pivot point and is a decent ways above the green sideways channel we are currently stuck in, breaking above here and holding the box i have drawn out will give us big bullish momentum and is what we need to do to really get that upside boost, i should also point out that getting ahold of this area effectively breaks the current sideways structure and should lead to a breakout! Now looking at our wavetrend we are looking good here we had a bit of a double bottom in the buy zone and have since started to reverse to the upside, keep in mind this indicator is slow moving and doesn't usually make jagged or sharp moves, we usually see a smooth transition between bearish and bullish waves, i am expecting this to be the start of another bullish wave that could bring us well above that midline, we havent seen a really strong bullish wave since earlier this month and i am looking for something similar here coming soon!
XTZ CREATES PRESSURE It's tried to break it once, it failed. Now XTZ is coiling up big times under the resistance since oct'21.
In dec we might have seen the low and a 1-2, 1-2 formation since then.
Start a 3, break that resistance and fly
Hold my beer pls
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No financial advice, do your own research, don't be stupid
BTC possible drop : Alt-seasonAlts are popping as BTC funds move out of btc into other coins. But I believe the next phase will play out just as it did in previous months. BTC still has not filled the previous low around 42,300$. Alts are moving up in anticipation of the next drop. I expect the moves to be something as follows:
-alts move up to MA (currently happening)
-Btc drops (probably hard and heavy)
-alts drop following btc drop (a good buy opportunity for alts imo)
My personal trade plan is to wait for btc to drop down towards previous low to create a Higher low. This would be my entry point. Not into BTC but into altcoins.
Happy holidays everyone.
Best of the Worst Crypto since New YearsOur ear's still ringing from the brilliant crash-boom-bang's kicking off the New Year, we take a look at the top coins ROI progression since January 1st, 2022.
Quite unexpectedly for me, I watched KNCUSD pop massively last week with great pleasure. Still the ONLY coin in my top-of-the-marketcap-list of crypto's under watch in the green, the bearish momentum appears to be contained for the moment, with some signs of bullish reversal wave beginning. However, we're far from confirmation of any reversal. So keep your eyes open for increased volatility.
At the head of the pack is FTTUSD, now just -%1 down since the start of the year, recovering nearly 10% from the low's on January 8th.
XLMUSD and XTZUSD aren't far behind, just -3% and -4% behind for the year thus far.
XTZ can Be Bullish Here is Why.Hi every one
TEZOS / TETHERUS
XTZ is In a Big Broadening Wedge Pattern. This Means The Price Can Range Between This Pattern Freely Until a Break out Happens.Now The Price is at The Bottom of This Patter So There is a High Chance For Bullish Movement To Happen Soon. The Resistance Is Shown on The Chart.
This is only an idea and not a financial advise ( NFA )🔴
💎Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Thank you for seeing idea .
Have a nice day and Good luck
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 | Breaking out of Broadening Wedge..!!
#XTZ (update)
Descending Broadening Wedge Formation in Daily timeframe Chart.
Bulls Looking Strong, Expecting Massive Breakout.
In case of Upside Breakout, Target Would be ~10$ ✍️
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