Xtz
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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XTZUSD preparing for a breakout move!XTZ is on the verge of a breakout move to the upside. Notice that our Proprietary Oscillator is crossing up above the zero line today and if it holds then a Buy signal would be generated. XTZ becomes a buy on any pullbacks with a short term target of $6 then a consolidation and an ultimate test of the highs. Notice also that price is trying to break back above the 200 dma and our Prop Oscillator is positively divergent with price.
🔥 XTZ Bullish Channel UpdateAround 7 weeks ago, I made an analysis on XTZ where I was talking about the long-term bullish channel it was trading in.
So XTZ has recently hit the lower bound of the channel. From here on, it's likely that XTZ will trend up towards the top of the channel. Be aware that the price might go for a re-test of the channel's support.
Happy trading!