Xtz
🔥 XTZ Long-Term Bullish Channel UpdateAround a month ago, I made an analysis on XTZ and the long-term bullish channel it was trading in.
Since then, XTZ has indeed bounced off the channel top resistance and has been trading down ever since.
By the looks of it, there's a decent chance that XTZ will continue to move downwards in the near future. In that case, I'd be looking at the purple reversal area for a potential bounce.
Happy trading!
If tezos can confirm this c&h breakout it will double in priceOf course I won’t be taking this pattern seriously until I see a clear break above the rim line and then witness the rim line get retested as solidified support. Until then a variety of things could occur to invalidate the pattern. As of right now however it is looking pretty promising and worth keeping an eye on. Until then I will remain neutral.
$XTZ/USDT 4h (Binance Futures) Descending channel breakoutTezos regained 100EMA and this time it seems ready to resume the up-trend for good!
Working with a PoS consensus algorithm, this is one of the fastest growing ecosystem for NFT, DeFi / BSC and Gaming, more info on tezos.com
Current Price= 6.722
Buy Entry = 6.685 - 6.453
Take Profit= 7.499 | 8.609 | 9.725
Stop Loss= 5.947
Risk/Reward= 1:1.5 | 1:3.28 | 1:5.07
Expected Profit= +28.32% | +62.10% | +96.08%
Possible Loss= -18.94%
Fib. Retracement= 0.618 | 0.883 | 1.117
Margin Leverage= 2x
Estimated Gain-time= 3 weeks
XTZ Slow and SteadyXTZ is coming to a point where it can give a sharp move to the upside if supported by the market.
Buying area - 6.20 to 6.50
Targets: 7.05, 7.39 and 8.0
Stop loss - as per your risk management. I usually put 10% on the downside as stop loss.
If it closes above 8 on day charts then 9+ is on cards.
Do your own research and trade at your own risk.
XTZ 1D Good growth, but needs correctionOur idea is first for those who trade XTZUSDT and hold a long
To begin with, it is worth saying that over the last month the price of Tezos made x3 rise, from $2 to $6 , and the rise was almost without correction, and they are needed.
We hardly believe that the price of XTZUSD will be able to rise above $6.25 again in the nearest future, maybe not even that and go straight down.
One of the factors that allows us to think so: critically large volumes at the recent theoretical highs.
The area where we would personally consider opening a long is around $3.60-4.20 . And the decision to go long should be made if and when the XTZ price approaches this zone.
In general, if you look at this chart and want a lot, you can see that the price is quite technically moving from level to level. And then it's every man for himself)
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XTZUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in a daily time frame.
As you can see, the price is fluctuating on the support line that has supported the price several times.
There are two scenarios, if the trend can stabilize above the specified area, it can touch our target, but if it stabilizes below the support line, we predict a fall.
Warning: This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position.
Wish you luck
MY MINIMALIST ANALYSIS FOR TEZOS$SHIBA
11.05.21
1653H +8 SINGAPORE
ALERT:
AN AREA OF OPPORTUNITY FOR AN ENTRY! A coiled Market would be the best entry at PRICE MARK INDICATOR (RUST.)
Watch Volume Indicator and Price action at PRICE MARK.
INDICATED ARE ENTRIES, PARTIAL EXITS, EXITS, and MAXIMIZED AREAS OF VALUE
Disclaimer:
The findings of the following analysis are the sole opinions of the publisher of this idea and should not be taken as a piece of investment advice.
"FOLLOW THE WHITE RABBIT!"
Just Follow the TOPS and BOTTOMS of the BOXES as a GUIDE
HOW TO USE THIS MINIMALIST CHART
Created on a MONTHLY, WEEKLY & DAILY Analysis (The Dynamics of the Market.)
It is designed for SWING TRADES at the BOTTOM. I do not SHORT, though, you can still use it.
TARGET ZONES IDENTIFICATION
The LARGE BOXES (Tops and Bottoms) are MAJOR pivot points that will occur sometime in the future. While the SMALL BOXES (Tops and Bottoms) are MINOR pivot points.
These can be entries to a BUY/ SELL POSITION, EXIT/PARTIAL EXIT/TOP-UP AREAS
and if you wish to hold longer for a MAXIMUM TARGET EXIT AREA OF VALUE -CONSERVATIVE (If price action conditions are right.)
At times I include WAY BEYOND PARABOLIC Price TARGETS depending on The Character of the Market.
Watch out for your Volume, Chart Patterns, Candlestick Math, FIB COILS (ABC), Price Action, FIB LEVELS, Market Dynamics, and especially trading psychology.
Wishing you all The Best Trades and Thank you all for your Appreciation and Support of My Work.
Much thanks to My 3 Mentors!
Note:
Master your Trading Discipline
, Trader's Psychology and Institutional Trading Psychology
XTZ vs USDT ---LONG--- 05.11.21XTZ vs USD
"What to do with such volatility and what to look for"
If you look at what has happened to the coin lately, it is obvious that this is some kind of madness (highlighted in a red square)
In order not to complicate everything, several points can be highlighted:
According to the MACD indicator, we see that there was no formed divergence as a prerequisite for a counter move, which means that with a greater probability we are still waiting for a new price maximum and minimum according to the MACD indicator.
In general, the trend is still upward, if we start from the last impulse, which determined the historical maximum for us. The beginning of this impulse is marked with a blue tick - the bears will have to try to renew it in order to change the trend.
Well, if we look at the situation completely locally, we will see that we have a positive construction with the minimums and maximums (marked with red and black ticks) This means that locally we have a positive trend and more globally, as mentioned earlier.
Total: the situation is not easy and it will not be easy to buy on time, but we are more likely to see a new historical maximum as a denouement. One of the solutions may be to buy a coin for a very small part of the deposit, so as not to get nervous looking at this volatility.
TEZOS- Time to Buy AgainTezos was the perfect 'short' but the chart shows support has been found and tested and the price could rise again next. First to 7, then it will need to break that resistance and flirt with new all time highs.
A blockchain designed to evolve.
Security focused. Upgradeable. Built to last . Tezos is an open-source platform that addresses key barriers facing blockchain adoption for assets and applications backed by a global community of validators, researchers, and builders. By design, Tezos embraces long-term upgradability, open participation, collaboration, and smart contract safety.
Currently at number 38, XTZ will need to x2,4 to reach Litecoin... which personally I believe will happen.
NEW DEALS:
-Tezos bringing NFTs to the Grammys via partnership with OneOf
- Red Bull launch Digital Collectibles with limited-edition Perez range
Let's see how this goes.
One Love,
the FXPROFESSOR