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Xtz

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!
COINBASE:XTZUSDLong
by JacobR905
XTZ Will FLY AGAIN!Hey guys, this is Julie 😉 Let's talk about XTZ today, because it is at a very important and decisive point: As we see on the daily chart, XTZ is now above the 21 EMA, and this region coincides with a resistance level (green line). Additionally, we have the 61.8% Fibonacci Retracement very close to today's high. So, as you can imagine, XTZ will need a lot of strength to go above this region. Honestly, I think it will make it, because it is doing higher highs/lows for the first time since October, and to me, this indicates that the bears are actually getting weaker, and Tezos will finally reverse this downtrend. So my thoughts on Tezos today are: Once it closes above the green line resistance, it may find some resistance at the Fibonacci Retracement, if XTZ is able to close above it, I really believe it will fly again. Let's see what happens next. And that's it! Thanks for reading my analysis! Please, support me with your like and subscription! 😍 Bye bye, have a nice day. 😉
BINANCE:XTZUSD
by Juliehodler
XTZUSD Bottom priced or close. Buy opportunity to $15.00.Tezos has been one of the most consistent coins since the December 2018 market bottom, as it has been trading within a structured Channel Up with very clear dynamic bottom and top levels. As the chart (1D time-frame) shows, every Higher Lows of the Channel has been either at or slightly below the 0.618 Fibonacci retracement from the previous Higher High. At the same time, the CCI indicator on the 1W time-frame, shows that every time it breaks below the -100.00 level, XTZUSD bottoms out. A Bullish Cross by the 1D MA50 and 1D MA100 follows to confirm the start of the rally. Currently the price bounced off the 0.618 Fibonacci retracement level earlier this month but the 1W CCI is at -80.45 so far. This is low enough for long-term traders who don't wish to wait for -100 and miss out on a potential sudden rally. The target within this Channel Up has always been the -0.382 Fibonacci extension, so ours is set slightly lower at $15.00. -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
COINBASE:XTZUSDLong
by TradingShot
5
XTZ CUP and HANDLE on daily at PCZ of bullish HARMONICXTZ has been my favourite coin to trade in the past few months because it respects the technicals so well. Looking at the situation now we can see that it has been following a downward channel that might have gotten too deep to call it a standard cup and handle formation, nonetheless when being in this channel it has created 4 counts of bullish divergence on the macd and RSI on a DAILY timeframe, along with a massive count of bullish div on the weekly. With this it has hit the Paz of a bullish harmonic at the 78.6% retractment. I have accumulated a lot of this coin but haven't opened a long yet. A type two return at the Pcz would be ideal but it looks too strong to return there. Entry: Between 4.38-4.19 depending on lower timeframe pa and btc pa (needs to stay above 47.7 ideally). - If btc breaks down will look for entry around pcz of harmonic. Targets: 5.64, first tp but add to position if it finds support above. Long term hold target: 13-16 dollars
COINBASE:XTZUSDLong
by SynergyTradingSetups
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. __ 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. 😉
BINANCE:XTZUSD
by Juliehodler
3
What is XTZ?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.
BINANCE:XTZUSD
by V4silySrednek0v
1