Tezos to breakout again ?#XTZ
Tezos is forming a saucer bottom . Which is a classic reversal/bottoming forming similar to a cup and handle formation
The neckline is around $8 and could take us to $20 on the measured move break out over the coming weeks/months ahead . Be patient, this is a multi month pattern so don't expect to get there in one green daily candle and don't expect it to become invalidated with one red candle on the day .
There is also hidden bullish divergence on both the rsi and macd indicating a continuation to upside on the short term steepening trend !!!
like if you guys want more setups like this !!!!
Xtz
XTZUSD - LOOKING BULLISH ABOVE $6.00Hey guys. Here is an IDEA for XTZUSD(T). Indicators and volume show XTZ looking bullish... A goog buy area would be around the $6.00 area.
Note that it is possible to see a wick below the $6.00 area so don't set stop loss too high!
However knowing when to EXIT a trade that is not going in your favor is very valuable! In this case we have a potential Head & Shoulders forming If XTZ breaks down a bit below the $6.00 area and this is would bring some nasty downside targets near the $2.00 area. I DO THINK THIS SCENARIO IS HIGHLY UNLIKELY but it is important to be aware of!
I do expect price action to move in correlation with BTC here as usual but if support is strong at $6.00 and BTC moves upward there is some good potential gains here. First, about 13% at the "weak resistance" and if XTZ tests the major resistance area we're looking at a NICE 25-30% GAIN!
I will re-evaluate as the situation makes major changes so follow me for updates and also check out my Twitter (link below)
(Disclaimer: I am not a financial advisor and it is important to do your own risk assessments prior to investing or trading anything. This IDEA is based off of my experience with Technical Analysis and depends on many variables)
Tezos clings to life supportWhat do you know, Tezos almost made a new ATH and proceeds to dump 40% over the following week. To say long term holders and the community is dejected is an understatement. This coin has been nothing short of a series of gut punches to its biggest supporters. Right when you get most excited, it reaches in and rips your soul.
Until Tezos proves me wrong I'm convinced this thing will never bring long term holders wealth. No matter how positive the news, the asset cannot ever sustain itself. A tragedy because this really seems like a promising project and the news outside of price action couldn't be more positive.
If September closes red it's going to get dark. By dark I mean we're probably in trouble If it closes in "hell" well, you know what that means. Purgatory would be a win at this point and unfortunately it looks highly probable that this thing will dump for the remainder of the month. Heaven... well it ain't happening any time soon.
Bottom line... Tezos must reverse course now or it's probably over for good.
Kick this market: Bear coins to moon - XTZDOWNUSDT.. Pampeet!!This coin is the 3X inverse of XTZ. We are seeing a breakout on the weekly and there is a potential of over 300%. As the market dumps, you keep printing more money. Join the winning team and stop being too religious about the bull market.
Tezos cup and handleA lot of moonboys out there on twitter guaranteeing ATH and/or $10 by the end of the week. Hate to break it to you, it's not going to happen. But the good news is if this cup and handle formation comes to fruition we will likely close September above $9, which would be insanely bullish.
XTZ - Potential Cup & HandleTezos, which is bullish as hell in my book, has some great news recently and is funded by a couple large institutions for providing on chain products.
Gavin Wood has stated Tezos is the ONLY blockchain with the technology of the future (Web Assembly), while we are using current tech now, Tezos is way ahead of any competition on this front.
TA: cup and handle formation develops, we may have just hit the height of the lid, we should watch for a retrace here. The lid could extend higher before the retrace, but its a good time to start watching. I marked a couple buyin areas for XTZ. This could easily take XTZ to $14
This one is one of my top Alts for profit prospects. DOT, LINK, EGLD are currently my top ones. With the Parachains coming out for Dot, it is EASILY the most profitable coin. the profits from Kusama parachain auctions have been insane!!
Good luck
XTZUSDT Pullback and BuyHey guys
Whats up ?
In here we have a amazing chart and coin
From some days ago the correction was finished and the trend was changed
At now we are in upward trend but we need pullback the we can take long position and buy
we shown on chart two zone for buying , why two ?
because we are in pullback and we dont know where the pullback wanna finish and continue the trend
Because of fundamental of XTZ , the technical , the bullish market we can HODL XTZ for 3 to 6 months it can be surprise all of us
we should take signal and then entrance the position and buy
we shown a orange circle zone on chart , until the lower price with shadow of candle dont break with candle close below them the upward trend is valid and fall down the price is pullback
if you have any question about any analysis you can send me a mesaages
Good Luck
Abtin
XTZ / USDTXTZ / USDT 2H Time frame. Price has approached the upper line of a descending triangle. Enter trade if/when volume picks up and price breaks out to the upside.
Take profit targets:
Target 1 - 6.9$ (approx. 3-4 %)
Target 2 - 7.2$ (approx. 7-8%)
Target 3 - 7.5$ ( approx. 12-13%)
Target 4 - 8$ (approx. 18-19%)
Feel free to like, comment, or follow me for more ideas!
Trade at your own risk!
targeting +$8.5 for Tezos this weekHello and welcome back to one of my newest market update, It's been a while, sorry for my long absence.
So, we have a clear path here with $XTZ:
breaking out from a consolidation zone with high volume, and retesting it multiple times and successfully holding the POB.
We've had another attempt to reach the ATH and test it with very high volume, now we are just rebounding and this time I believe we will go above $8.5.
share your own ideas with me in the comment section and lets discuss about my scenario, and OHH,, please hit the like button and follow me for good fortune ;)
Two formations for AVAX at the same time :)The first formation is the double bottom formation, the W formation. His target is $65.
The second pattern is the ABCD pattern. Its target is around $85.
BASIC ANALYSIS
Problems in the Solana network may have pushed investors to projects like its alternative, AVAX Dot. I've said this before.
The fake news for Litecoin may again have pushed Litecoin investors to alternative projects. This may be just the beginning. We'll watch and see.
What I am saying is not investment advice!
AVAX short-term W (double bottom) formation and ABCD formationFor Avax, it is expected to complete either the W formation or the ABCD formation. The target of the W formation is $65, while the ABCD formation target extends to the range of $80-90. We are watching. $48.90 stop zone. Not Investment Advice.
Problems with the Solana network and fake news for Litecoin could lead these investors to AVAX.
It is not investment advice.
MY MINIMALIST ANALYSIS FOR $XTZFINAL PUSH on a 30MIN CHART
All TARGETS have been met and going for the FINAL PUSH
Indicated are key levels of support and resistance using small and large trading range boxes for ENTERING A SWING TRADE (Short - Long.)
Watch out for Patterns, Divergence, EMA, Candlestick Math, and your Fibs.
Further Analysis on price action is required on a 1HR-4HR chart when entering or closing a trade, depending on your risk appetite and trading style.
Disclaimer:
The findings/predictions of the following analysis are the sole opinions of the publisher of this idea and must not be taken as investment advice.
Thank You for your appreciation and support
XTZ Pushing for Previous High!!?Tezos is really making a name for itself recently with some massive news coming to sight like big NFT projects and huge banking smart contract news are definitely all helping boost XTZ the gaining momentum! We had a huge wick above the R2 resistance and theres a good chance we see that level sooner than later, we are currently sitting right on the top band on the bollinger bands and when we see this happen theres usually big momentum and upswings like we have been seeing! The MACD looks fantastic we are seeing big separation in the MA's with no sign of slowing down and the histogram is only on its 3rd green bar and we are growing significantly each day, we want to see this momentum continue and push us higher and higher. We are also continuing to push upwards in the ascending channel with us currently sitting right at the top facing some resistance, i think there is a good chance we see a nice breakthrough coming up here soon and i would go to say we are likely bound to reach that 0 FIB level or 8.4$ USD! Not financial advice just my opinion!
XTZUSD has formed all major buy confirmations.It has been a while since I made an analysis on Tezos. In fact I haven't made one since February 15. However, as you see on the idea below, the main pattern hasn't changed:
That has been a Channel Up since the bottom of the 2018 Bear Cycle. As shown on the chart, the formation has clear Higher Lows (Channel bottoms) as well as Higher Highs (tops) which in some instances exceed the pattern marginally.
Right now Tezos has completed all major buy signals, namely the rebound on the 1D MA50 (blue trend-line), the CCI bottom bounce and the 1D MA50/ MA100 Bullish Cross. As you see every such Bullish Cross was relatively early on each of the previous three (3) rallies to a Higher High, so we may be still early in the uptrend this time also, despite the fact of being near the top of the Channel Up. In fact every Higher High is longer each time after the Bullish Cross takes place.
Drawing up the Fibonacci extensions since the 2018 bottom, the next target for XTZ is the 2.0 Fib extension. However I won't be surprised to see it break marginally to something like $12.00 - $13.00.
** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
--------------------------------------------------------------------------------------------------------
!! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !!
🎉 👍 Shout-out to TradingShot's 💰 top TradingView Coin donor 💰 this week ==> TradingView
--------------------------------------------------------------------------------------------------------
Tezos (XTZ) Reveals What We Already Know... Tezos (XTZBTC) goes ahead and hits a new high after long-term accumulation and higher lows...
This is exactly what we know will happen to the rest of the altcoins vs Bitcoin pairs.
Strong bullish action Q1 this year.
Correction and accumulation next.
More accumulation...
Higher high a 100%.
The whole market is interlinked...
Be patience... Weak hands are being shaked out before massive growth.
Also, we have many thousands of coins now, so it takes a long time for each one to take off.
Patience is key.
Thanks a lot for your support.
Namaste.