Xtz
🔥 XTZ Long-Term Target UpdateAround a month ago I made a long-term analysis on the bullish channel in which XTZ was trading. $7.50 was my long-term target for this token.
www.fierytrading.com
With the huge bullish moves we've seen over the last few days, XTZ is on its way to reach the target a lot sooner than initially anticipated.
With BTC still being relatively bullish overall, I'm anticipating that the $7.50 target might already be hit in the coming week. Potentially, we might get a wick in the $8 - $9 region.
Happy trading!
XTZ.USDT (Y21.P5.E1).Macro outlookHi All,
XTZ has been really pumping of recent because of the projects its involved in.
I see it in a macro channel and its likely to break above it in the coming weeks\months.
Articles says 3 reasons.
Protocol upgrade reduces transaction costs > he most recent 'Granada' upgrade was implemented on Aug. 6.
Real-world adoption driven by 2 large banks
Attractive staking rewards reduce the circulating supply
All the best,
S.SAri
Tezos (XTZUSDT) Breaks Resistance With Force, Can Go Higher! 75%Just as we saw with Siacoin vs Tether (SCUSDT), the same is happening with Tezos (XTZUSDT) but here things are looking better.
We have the highest green volume on the daily timeframe since May.
Prices moved above all EMAs and today, finally, above the MA200 black line.
The really high volume and strong RSI support this move...
What this means is that additional growth is possible, but consolidation is also possible before the next move.
On this chart, I am giving you the support levels as well as the target for 75% but there can surely be more.
This is all shared for your own learning, entertainment and fun.
This is not financial advice.
Thanks a lot for your support.
Namaste.
XTZUSDT🌟Tezos began the cycling of rising recently and its now in a good shape to enter or invest for long term situation
🌟the cycle will have some pullback and dips too but the overall bias is certainly bullish and heads for our targets
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🆓Tezos (XTZ) Aug-19 #XTZ $XTZThe buying power has appeared at the important support area at $3.2, if it does not lose this zone, in the next few days, XTZ will increase strongly to the area of $4.3 and $5.5. But if it loses the $3.2 zone, it will fall back to the $2.6 zone
📈BUY
🔴Buy : 3.12-3.28$. SL if B
📉SELL
🔴Sell : 4.2-4.4$. SL if A
🔴Sell : 5.4-5.6$. SL if A
♻️BACK-UP
🔵Sell : 3.12-3.28$ if B. SL if A
🔵Buy : 2.54-2.66$. SL if B
❓Details
🕯Timeframe : 1 Day
📈Red Arrow : Main Direction as BUY and SELL section
📉Blue Arrow : Back-Up Direction as BACK-UP section
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of candlestick is Above the zone
🅱️B : The Close price of candlestick is Below the zone
XTZ About to Breakout!!?XTZ has been travelling along the descending channel since mid June, we are getting a strong push upwards at the moment looking like we are about to breakout against BTC. Keep in mind this TA only stays valid if BTC doesn't swing the market, if BTC dumps we should expect the same for the market. Now first looking at our current breakout spot we are looking very strong pushing slightly above the top of the channel, we are also looking at the nearby pivot point just above us, a break above here and a close on the daily would be very bullish, we would likely get an overall trend reversal. Looking at the Bollinger bands we are also looking great we are seeing some squeezing within the bands and that usually means volatility is shrinking and a big move usually follows, we are also almost at the top band which is very bullish, if we can grab on and start climbing the top band that will likely ignite a big run. If this plays out i can see us easily going upto the R1 resistance. The RSI is looking good we have climbed up and above the midpoint which is very key, if we can see a further push up and hold above this midline we are looking fantastic, we would be looking at a confirmed uptrend, which xtz could really use right now! we can't slip below again and struggle to find a way back up because then we will be back in a confirmed downtrend. REMINDER, BTC controls the market and we could get crushed if BTC decided to dump so always keep that in mind because it could completely void this TA, Not financial advice just my opinion!
XTZ Potential Drop Before Taking off!?XTZ has been moving somewhat sideways but slightly upwards for the past month and a bit and it looks like we could be in for a little drop coming up soon, i imagine that we will see a drawdown to the pivot point which is about -9-10% from where we are now, however i do really think we are going to catch support and get a bounce, if you take a look at the bollinger bands you notice the midline which right now acts as support lines up perfectly with that pivot point that acts as support, i think its likely that we will atleast see a bounce on the first wick down. Keep in mind that BTC is a big factor in this, if BTC decides to pullback or drop we can expect the same for the rest of the market. The MACD is looking a little shaky we see our Blue MA approaching the orange one while pointing to the downside, i think we are likely due for a bearish cross in the coming day/s. Our histogram is slowly cooling down printing lesser green bars than the previous and we are coming up on the midpoint where we could see this flip to red. Think a little cooloff or pullback is due before we see a big run for XTZ here but keep in mind BTC plays a huge factor so always remember that, very bullish on XTZ longer term i believe it is a great project and will be looking to buy the dips. Not financial advice just my opinion!!
xtz , TezosThe resistance of $ 3.33, which coincides with the average resistance of 100 days, if it breaks, it can reach the first target in the short term.
It has now emerged from the Ichimoku cloud daily, forming a small green cloud.
I put it on the watch list and set an alarm that if break resistance or reach the buying range at a low price, I will enter the trade.