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
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
XTZ/USDT Could XTZ back to the supply area or downward is coming💎XTZ has indeed garnered significant attention in the market. It has faced rejection three times at the supply area, and the support trendline has proven to be resilient in preventing further downward movement.
💎 Currently, XTZ is still making efforts to move upward and attempt to break out of the supply area. If this attempt proves successful, it probability could trigger a bullish momentum, potentially leading the price to reach our target area.
💎 However, if XTZ fails in its ascent and breaks below the support trendline, this could indicate a bearish turn in the market. Such a scenario might lead to a downward movement, with the potential for the price to return to the demand zone around 0.766.
💎 When the demand area is reached, it becomes crucial for the price to bounce and resume its upward movement. The bearish scenario is confirmed if XTZ breaks below the demand area, which could result in the price continuing its descent toward the strong support area or establishing a new bottom.
Tezos (XTZUSDT) Emerges as a Cold Crypto Wallet ContenderThe world of Cold Crypto Wallets is abuzz with excitement, and the spotlight is now on Tezos (XTZUSDT). Following the footsteps of SafePal's promising potential, Tezos takes center stage with a super bullish price action that demands attention.
Zooming into the specifics, let's delve into XTZ's long-term chart, where a fascinating transformation unfolds. The supply zone undergoes a metamorphosis, seamlessly transitioning into a demand area near the psychological milestone of $1. Tezos price pays its respects to this demand area in recent weeks, all while gracefully maneuvering within the confines of an ascending channel.
Over the next month or two, anticipation builds as XTZUSDT sets its sights on the $1.33 supply area—a pivotal destination aligned with the 161.8% Fibonacci retracement level. Therefore, we can expect a potential 40% price surge, a significant feat considering the sluggish altcoin market we've witnessed in recent months.
TEZOS FORMING A POSSIBLE CUP AND HANDLEIn this chart of BINANCE:XTZUSDT , the coin is forming a possible cup and handle formation,
a bullish pattern in trading. In this idea, I will provide some keys and strategies in trading at this stage. So, stay tuned for the updeates on the idea threads below.
Happy trading and may all of us more profitable this 2024!
Does Anyone Really Care about Crypto ETFs? (PoW vs PoS)The crypto markets for CRYPTOCAP:BTC after this week's Bitcoin ETF announcement hasn't looked all that great, despite its anticipation over the last several years.
This week many of the proof-of-stake (PoS) projects that offer staking rewards (interest) have vastly outperformed its competition - is the the future to come, or does proof-of-work still have some hope?
XTZUSD - An Incredible RecoveryUsing previous highs and lows to plot a channel up where price will likely return to as this bear move ends.
The bars pattern in white is the parabolic run BTC from 2017, just showing how price could return to this upward area with a bullish move.
This coin could get pretty bullish once it gets out of this slump.
XTZ/USDT Secondary trend. Channel. Wedge. Pivot zone. 11 2023Logarithm. Secondary trend. Time frame 3 days. Horizontal accumulation channel. Formation of the wedge 9 months. Now there is a breakthrough of its resistance. The targets of the wedge and the channel are shown. Also medium-term targets at the exit from this horizontal channel. At the resistance of the accumulation channel be careful and protect the profit.
Now in the moment the price 0.777 (21)
Speculation and Investing. .
ICO 2017 .
5000 XTZ = 1 BTC
After ICO = pamp 11 X (resetting positions).
After 6 years .
2023 5000 XTZ = 0.11 BTC (-9X)
2023 44,494 XTZ = 1 BTC
Altcoins are for speculation and making money on volatility,
not for long-term investment (hold).
Surrender Zone. Mani management.
Several times there was an entry under support to gather liquidity (stop loss). Later, there may well be a return to it (depending on how high the price will be at the reversal) in a relatively short time (final market capitulation) from the trend position (probability of no more than that, which should always be remembered).
Line chart for clarity.
Secondary trend with downward channel (all the decline from the highs + this accumulation zone).
XTZ/USD Secondary trend. Downward channel. Publication 01 2023
Primary trend (entire trading history).
XTZ/USD Primary Trend. Downtrend channel Publication 01 2023
Main Trend 01 11 2023 Price $0.777 now in momentum.
XTZUSDT.1DBased on the provided data, the XTZ/USDT pair seems to be in a bullish phase. This is supported by a high Relative Strength Index (RSI) in all three timeframes (4h, 1d, and 7d) which indicates strong buying momentum. The Moving Average Convergence Divergence (MACD) is also positive in all timeframes, suggesting a bullish trend.
At the time of analysis, the current price of XTZ is slightly below the Bollinger Band (BB) value in all three timeframes, indicating it might be slightly undervalued and may have potential for a price increase.
As for support and resistance levels, in the short-term (4h), the price has support at $0.990, $0.870, and $0.813, and resistance at $1.121, $1.183, and $1.200. If the price breaks the resistance level of $1.121, the next target could be $1.183 and then $1.200.
In the medium-term (1d), the support levels are at $0.953, $0.843, and $0.766 while the resistance levels are at $1.118, $1.332, and $1.507. The higher resistance levels in the 1d timeframe compared to the 4h timeframe suggest potential for higher gains.
In the long-term (7d), the support levels are at $0.790, $0.647, and $0.610 while the resistance levels are at $1.270, $1.938, and $2.730. The significantly higher resistance levels in the 7d timeframe indicate strong bullish potential in the longer term.
In conclusion, based on this technical analysis, XTZ/USDT seems to have a bullish outlook in the short, medium, and long-term. However, it's important to consider that technical analysis should be used in conjunction with other research methods and market news to make more informed investment decisions.
🔥The Whales Support Tezos Price: Breakout Of Huge Channel❗️🔥XTZ in a bullish trend since whale support the price at the bottom of the channel (green area). Now XTZ breaks the channel and tests it as the support which is bullish sign.
If Bitcoin continue it's grows or consolidation at least, the price of all altcoins will go up. Especially, price of altcoins that still close to the bottom as XTZ.
💥 The two targets are on chart. $2 and $4 are the biggest resistances.
like❤️ and follow
XTZ looking nice inverse H&SHere we have a very nice looking chart for XTZ, some strong support over the blue line. Forming an inverse H&S. We can easily see XTZ push up to $1.49 at a 50% gain from here the next stop being within the yellow lines. The risk to reward ratio is looking very good right now. There are other coins pushing more % in a day but a little stronger on their pull backs. The fact you can stake your XTZ one you buy ack in is a good way to get some passive income but just make sure to unstable before this coin starts moving again up to $7.
Good luck and have fun with it
Support range: 0.814-0.949Hello traders!
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(XTZUSD chart)
In order for a full-fledged upward trend to begin, the key is whether it can rise above 1.338.
(1W chart)
To do so, we need to check whether we can break through the support and resistance range of 1.017-1.159.
However, since the volume profile section is formed from 1.631 to 2.088, the increase is likely to be limited.
(1D chart)
The key is whether it can receive support in the box range of 0.814-0.949 and rise beyond the 1.017-1.0601 range.
To continue the upward trend, it must break upward around 0.957, 1.127, 1314, and 1.556.
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- The big picture
The full-fledged upward trend is expected to begin when the price rises above 29K.
This is the section expected to be touched in the next bull market, 81K-95K.
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** All explanations are for reference only and do not guarantee profit or loss in investment.
** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA
** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.
** This chart was created using my know-how.
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Unleashing the Dragon: A Triple Trade Strategy for NEO, XTZ, FIL
🔥 Dive into the world of Chinese crypto powerhouses with our latest trade idea! 🇨🇳💹 In this video, we break down an exciting strategy for trading NEO, XTZ (Tezos), and Filecoin. These three coins are making waves in the crypto space, and we've uncovered a unique approach to capitalize on their potential.
🚀 NEO - often referred to as the "Ethereum of China," NEO has been gaining momentum with its smart contract capabilities. Find out how we're navigating the NEO landscape for maximum gains!
💰 XTZ (Tezos) - the self-amending blockchain that's all about governance and scalability. We've got a game plan to ride the Tezos wave and make the most of its innovative features.
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hidden bear dev xtz 15minif divergence confirmed looking for a short scalp. trend is up so its a fast scalp, possibly an alrdy late signal.
pottential 4h bulldivif it fails to play the bulldiv looking for lowertimer frames shorts based on similar divs or extreme bollinger/keltner touches to build positions. not building any derivatives long besides sport rn.
XTZUSDT.1DBased on the given market data, the XTZ to USDT pair is currently priced at 0.861 USDT per XTZ. The four-hour Relative Strength Index (RSI) is at 68.20, indicating that the cryptocurrency is nearing the overbought territory. This could suggest that a price correction might be due soon. The Moving Average Convergence Divergence (MACD) for the same period is 0.017, which suggests a bullish trend.
The Bollinger Bands (BB) for the 4-hour period are at 0.868, which suggests that the market is experiencing moderate volatility. The support levels for the 4-hour period are at 0.829, 0.791, and 0.714 USDT, while the resistance levels are at 0.919, 0.945, and 0.980 USDT.
For the 1-day period, the RSI is at 81.17, indicating that the cryptocurrency is in the overbought territory, and a price correction might be imminent. The MACD for the 1-day period is 0.044, which suggests a bullish trend. The Bollinger Bands for the 1-day period are at 0.887, indicating moderate volatility.
The support levels for the 1-day period are at 0.742, 0.696, and 0.615 USDT, while the resistance levels are at 0.948, 1.030, and 1.142 USDT.
For the 7-day period, the RSI is at 54.83, indicating that the cryptocurrency is neither overbought nor oversold. The MACD for the 7-day period is 55.08, which suggests a bullish trend. The support levels for the 7-day period are at 0.754, 0.652, and 0.596 USDT, while the resistance levels are at 0.956, 1.504, and 2.010 USDT.
Overall, the market data suggests that XTZ is currently in a bullish trend. However, the high RSI values, especially for the 1-day period, suggest that a price correction might be due soon. Please consider your risk tolerance and financial situation before making any investment decisions.
XTZ/USDT Break And Pumping is coming. Tezos Analysis Today💎 XTZ has indeed garnered our keen interest, currently navigating a pivotal region within a consolidation zone. For XTZ to perpetuate its upward trajectory, it's imperative to breach a formidable resistance barrier, a feat it has previously grappled with, often facing rejection.
💎 Should XTZ falter in overcoming this resistance, it's likely to regress to the demand zone, seeking fresh impetus for another ascent. However, a successful breakthrough could significantly ease XTZ's path towards its targeted supply zone.
💎 A concerning scenario emerges if, during a retest at the demand zone, XTZ fails to demonstrate resilience or muster a rebound. Under such circumstances, there's a risk of XTZ relinquishing its hold on the demand zone, potentially initiating a sustained downward journey towards a robust support area below.