Xtz
XTZ Global landscape 777 zone?The price is moving in an uptrend.
Important areas to work with are indicated.
What Is Tezos (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.
This open-source platform bills itself as “secure, upgradable and built to last” — and says its smart contract language provides the accuracy that is required for high-value use cases. According to Tezos, its approach means that it is futureproof and will “remain state-of-the-art long into the future,” meaning it can embrace developments in blockchain technology.
The technology underpinning Tezos was first proposed in a white paper that was released in September 2014. After a series of delays, the Tezos mainnet launched four years later.
Last expectation: XTZ under 1.92I hope this is the final leg down, and after this the bull market will come back.
Today we had yet another dump, and I've cleaned up my graph and tried to make something out those Fibonacci's.
0.382(7.1USD) was resistance two times.
0.618(6.3USD) was resistance two times.
0.786(5.8USD) was support two times.
Once 0.786 was broken through with ease, 1(5.1USD) was support once, 0.786 became resistance, then it dumped hard.
May 19th to 24th (today)
0.236(4.4USD) was resistance two times.
Price floated around 0.618(3.4USD) with 0.5(3.7USD) being resistance.
0.786(2.9USD) was support two times.
Today at 12:30 we fell right through 0.786, to retest 1(2.4USD) as support. It held, once.
My last expectation:
0.786(2.9USD) will be retested tonight. If it continues to be resistance, we'll retest 1(2.4USD) and I hope we fall right through it (like on May 19th), in order to be saved by 0.236 of the next period (1.9USD).
Otherwise, if we come over 0.786, I might be really tempted to buy back once we're in the clear over 0.618. I see already that my previous idea linked here (If we remain under 3.32...) is somewhat being attacked, because we dumped through 2.89 but we are currently back up a bit.
Short in the short term, long in the long term.
Note: a much better view would be obtained by looking at BTC or ETH, not XTZ. But I look at this becaus this is what really interests me.
This is not financial advice, I'm just a noob that discovered Fibonacci's.
Opinions?
Trading is actually not difficult, the key lies in your mentalitGrearice and fear are things that each of us cannot eliminate, for without greed and fear, that is the Buddha, and we are mere mortals. But not eliminated, does not mean not restraint, we can minimize their impact.
The market is not supported by much fundamentals, and has been highly leveraged by the exchange, and the participants are young, which is doomed to the market to be highly speculative.
There are actually a lot of opportunities in an already highly speculative market. If you can balance your mind and compare it to traders in other markets, you already have an innate advantage. But most people do not see the nature of the problem, but have become more restless with the ups and downs of the market. When you love the imbalance, the operation must take shape, the result can be imagined.
So a good attitude is very critical. What is your goal? If you expect another 30% gain a year, it is easy to achieve in this market. If you expect something 300% a day, that's something against the law.
But how many people are the first mindset? If you are, I would like to share my method with you. If you are the latter, it is recommended not to see my post.
These days fell sharply, the risk released a lot of, so trading opportunities also appeared. The day before yesterday, I began to buy some money for readers. We chose copycat coins, because copycat coins fell 70% , away from the top, with more room to rebound. And such a trend has appeared many times before. I also wrote at tv
So we ' re waiting for two days, and my strategy is the macd Golden Fork +ma18 breakthrough. The first macd Golden Fork was not successful, but I know it has fallen 70% down, the rebound must have had, and the copycat currency would be more violent.
In fact, the ma18 was not broken through after the first macd gold fork, so we didn't even need to correct the error, and then formed the standard right - hand signal yesterday.
As the result of this strategy, everyone sees that even if we don't bet on the minimum point, triggered according to the right standard, the 20% yield is very easy.
You see that the transaction is so simple, just wait patiently for an opportunity, and how many times does the 2 - hour departure happen at the end of a year? After we screen through experience, even if not have 20% revenue each time, do you think trading will be difficult with such a high yield ratio?
So, the state of mind is very critical, you have to force yourself to do 300% of the income a day, isn't it against the law?
Positive Trend Begins In Tezos (XTZ) Token, May Hit $8.80Tezos token price was trading at $5.50 with 2.30% positive daily and 12.77% negative returns in the weekly period. Technically, the price took to support and recovered from the bottom. Hence, Indicator MACD signals positive crossover above the signal line. The Parabolic SAR also signals a buy signal in the coin. With the support of buying pressure, the price may hit the resistance level of $8.80 positionally in upcoming trading sessions, which will give returns up to 50% to the investors in the long term.
Resistance: $6.15
Support: $4.80
Not sure why everyone has missed this, but it's not too late.I posted this idea a week ago and no one seems to see the obvious pattern.
Buying at 4.9 USD
SL 3.8 USD
Looking at 100% gains, due to the previous jumps from this support level always leading to 100% gains. If XTZ falls past this level, we're looking at a significant drop imo.
If Bitcoin continues dropping this may be invalidated, otherwise, the pattern is clear and straightforward.
XTZ moon shot $8, $9, $10?XTZ has double tested the 6.00 mark and shown strong support. 3H chart shows a clean 'inverse head and shoulders' pattern forming. If this is the case than we are in for a wild ride. Possible that 6.20 range will be reached one last time before beginning the leg up. If this plays out I could see the following targets 8$, $9, $10 being very reasonable. These are new highs for XTZ so it is hard to say where the top will be. XTZ/BTC chart shows ready for breakout as well. When both XTZ/BTC and USD pairs begin moving up simultaneously we will see fast movement upwards.