XTZ UPDATE: consolidation continuesxtz price is continuing consolidation and is still moving up. Crypto market took a dip yesterday but is creating a higher low. If upward pressure continues I think we could see breakout in the next couple days.
if price begins to stagnate or move down, we might see test of 3.50 again. With the news of stimulus checks, I think people are optimistic, so I am bullish and expect break up to 4.20 - 4.50
Xtz
Tezos (XTZ) Build Your Position before next pumpTezos is one the most active team and the team is continually working on the project and developments. Grayscale also registered a trust to offer Tezos (XTZ) to its investors. We will see a good rally in XTZ in 2021. Build your position before the next rally.
Buy Zone: $3.2 - $3.5 (add more if drops to $2.8)
Target: $4 - $4.5 - $5 - $5.5 - $6 -$6.7 - $7.5 - $8.5 - $9.8 (Go beyond these in long term)
Tezos (XTZ) Hi
I can vote now :)
Tezos is a coin created by a former Morgan Stanley analyst, Arthur Breitman. It is a smart contract platform which is does not involve in mining Tezos coins. It is a coin that promotes themselves on major ideas of self-amendment and on-chain governance. It is an Ethereum-like blockchain that hosts smart contracts. It allows the community to vote and improve its flaws. Any token holder may delegate their voting rights to others in the network. The coin uses a generic network shell which allow different transaction and consensus protocols that a blockchain needs to be compatible...
tg 4--4.2---4.5
c ya
this is just an idea. XTZ 6$I'm still bullish on XTZ.
looking at the mid term, (2 weeks) I see xtz easily reaching 6$. As BTC xtz pair begins to flip, xtz usd will surge. This is currently in process.
the above chart shows strong RSI, and macd moving up. I also see the identical pattern that happened early January when BTC first dipped. I expect XTZ to recover and move to 6$ over the next couple weeks (early march). I see an 8$ xtz price by summer. This will probably coincide with a massive BTC movement to the 100 -200K area.
again, this is all just an idea based on observation and discernment of the current economic state. The dollar is becoming weaker and people are anxious to invest, even blindly. I expect some very extreme movement in the stock market and other markets over the coming months. Personally my goal is to move to silver and real-estate once the next crypto surge completes (btc 100k -200k)
Whats yours?
good luck.
Tezos (XTZ)/USDT Market Cycles Pivot points (zones) PsychologyI have combined the idea of learning by cycles and pivot points (zones) with an actual trading idea for positional work using the example of the Tezos (XTZ) coin paired with USDT (USD).
According to Dow theory, there are 3 types of trends:
1) main (long-term).
2) minor.
3) insignificant (small).
3) Phases of trends.
In turn, each trend has the following phases:
1) phase of accumulation (set of position).
2) the phase of public participation (trend development)
3) panic phase (reset position).
4) the phase of price reduction (dump).
1. The phase of accumulation. (position set).
This stage occurs after the market has finished the downtrend and the dump is stopped. The price has formed a "bottom", in slang they say "bottom". It is at this stage that traders and investors enter the market, which can rightfully be called professional. They have the greatest amount of information (often internal - insiders) about the current state of the market and are the first to start active actions. The rest of the market participants do not realize at this time the state and direction of the market.
Of course, the accumulation phase is not easy to detect. It often follows a downtrend. And it can be, in turn, just a minor trend in the general downtrend. As a result, instead of a new trend, only a temporary pullback is obtained. From a technical point of view, the beginning of a new trend is always accompanied by a period of consolidation. This is when the market goes sideways and then starts to show an uptrend.
2. Phase of public participation (trend development).
Participation Phase Advanced investors and traders enter the market in the accumulation phase. When the trend really reverses, the public participation phase begins. Here the crowd enters the market. As this stage progresses, more traders jump into the current move as fear of loss is suppressed by greed and fear of missing out on an opportunity. This phase is the longest of all and is also characterized by the most active movement. Highs are constantly being updated - exactly what investors have been waiting for. The trend is developing. When this stage begins to end, the "last majority" jumps into the market and trading volumes begin to increase significantly. At this point, the theory of great stupidity prevails. The price rises significantly beyond historical levels, and logic and reason give way to greed.
While the majority enter the market, professional traders cut or close their trading positions. But as prices begin to level off or the rally slows down, those latecomers who stay out of the game see it as a buying opportunity and enter the market. Prices make the last parabolic move, known in technical analysis as a buying climax, when the greatest profits are often made in a short period.
3. Panic phase (reset position, distribution)
This is the phase where experienced traders and investors exit the market, and less experienced ones, on the contrary, enter the market. As a result, these investors and traders are excited about buying at the peak of the trend, shortly before its spectacular fall. The same phase is also a reversal one - professional investors and traders understand that the market has exhausted itself and begin to close their positions opened in the first phase.
To identify this phase, it is necessary to carefully study the signs that the market rally is complete. Moreover, the more active the market growth, the stronger the subsequent fall will be.
In the third stage of the market cycle, sellers begin to dominate. This part of the cycle is identified by a period in which the bullish sentiment of the previous stage is replaced by mixed sentiment. When this stage is over, the market direction changes. Classic chart patterns such as "double and triple top" or "head and shoulder" are examples of such movements that occur during the distribution stage.
The distribution stage is a very emotional period for the markets as investors are gripped by periods of complete fear, interspersed with hope and even greed, as at times the market may seem to be rising again.
Panic phase in a downtrend.
A similar story is when the main trend is bearish and goes down. The situation repeats itself in a mirror image, and at the implementation stage, a real panic is often formed, when many inexperienced investors and traders dump their assets and the price receives the last downward impulse before growth.
4. The phase of decline. (Dow did not separately identify this phase in his writings. In Dow's theory, this is the final stage of the distribution phase).
The fourth and final stage in the cycle is the most painful for those who still believed in the price increase. Many are holding them because their assets have fallen below their original amount. It is only when the market is down 50% or more that many of those who bought during the distribution stage or early in the decline give up. "Faith is being killed!" For more experienced traders, on the contrary, it serves as a buy signal and is a sign that the formation of a bottom is inevitable.
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4) Choice of cycle time.
An intraday trader who trades relatively small amounts and uses 5-minute candles can see many full cycles per day, while, for example, a positional trader using a weekly or monthly timeframe charts can see several cycles per year (average liquid instruments) or an extended cycle for several years (highly liquid instruments). But he also works in relatively large amounts that are not comparable to a scalper trader.
Your task is to learn how to correctly recognize market cycles on your working timeframe and use it in your trading.
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5) Points (zones) of price reversal.
It is necessary to immediately clarify the point (zone) of the price reversal always remains a potential point (zone), because it can act as a continuation of the trend. It is just that in certain zones there is a greater likelihood of a change in price movement than in others. This is very important to understand. Work like a trader, not like a "successful" wang hamster with which the Internet is clogged.
No one knows the exact future. You can identify potential more or less likely price movements and use this in your trading. It is also worth noting that it is not possible to predict everything. It is important that a large number of your forecasts for price movements, thanks to your experience and knowledge, are correctly determined.
Theory without practice is zero! Only your knowledge, modernized to the reality of the market, can give results in practice.
XTZ (Tezos) - Key level broken - 40% upside potentialThe market seems to be recovering and moving from bearish to bullish (in the short term at least)
Tezos has built up 4 touches on a key level and broken through. It's likely we see a retest before lift off. If tezos grows we can aim for a re-test of the previous high. That's a 40% increase and would be a nice catch.
In my opinion Tezos is undervalued compared to other coins and I think we could see real action if the wider market trend starts to accelerate and 40% could just be the beginning.
If we fail to meet this rise upward - we look fairly safe at the $3.15 dollar mark and I would expect it to bounce and consolidate here.
This is not financial advice.
If you enjoyed this analysis please like and follow. Also I'm considering making some videos instead of static analyis and if you'd be interested in seeing these please drop me a comment.
XTZ/BTC: sweet setup for longHi, guys!
The Cryptator is with you again. Today such a topic with a XTZ coin came to my mind. As you know, in nature everything repeats itself, only on different scales. These are called patterns.
Already the first ancient Greek philosophers, such as Plato, Pythagoras and Empedocles, studied such patterns, trying to explain the order in nature. However, it took centuries to come to a modern understanding of the apparent patterns of repetition.
Let us, modern people, competently use these things to make xes in crypto. I have noticed how well they work. I think there will be no exception this time.
All profit and fabulous wealth, friends!
Buy Tezos (XTZ)Hi traders.
I think we should take advantage of the pullback in the crypto markets. Tezos looks attractive below the 20 MA
Trade could be closed at recent high or above.
NB: I do not recommend setting a stop loss for crypto asset. Your money will be taken to someone else when it is hit. Only invest a small portion of your portfolio.
XTZ up45min chart is encouraging a previous assumption I made (shared in link below called xtz about to explode) upward pressure from btc and usd pairs macd on the daily chart is moving up over many weeks. This could be a huge move up for xtz if both btc and usd pairs move at the same time.
this is still speculative. But the signs lead me to believe it will move up strongly some time very soon. (few days, possibly this weekend, before march 14 at the latest).
good luck
XTZ Cup & HandleSeems like Xtz is completing a bullish cup and handle pattern. If this is correct we may see somewhere around 6 dollars or so. What are your opinions? Does this look to be just that or will we need some more time to grow?
I would appreciate if someone can help me confirming the pattern or explaining otherwise. Thank you!
*****NO FINANCIAL ADVICE JUST MY THOUGHTS AS A BEGINNER*****
XTZ ready to explode? ( signals from xtz/btc)looking at the xtz btc pair, several signals are given that point to huge upward move coming. For xtz this is big news. XTZ has been relatively slow to grow compared to other altcoins. But when the xtz btc pair move up xtz grows significantly.
So based on the xtz/btc chart, We see the MACD in a strong upward trend and is currently testing the support. It will likely hold. You can see significant volume increase as well over last few weeks with price climbing supported by big volume. When the current BTC correction begins to move sideways, expect big moves of btc into xtz. This would push XTZ USD price high. I see 4.50 and 5.00 coming very quickly followed by 7.50 and 8.00 if this plays out.
This could take a while. I don't know how long the btc correction will last. but I see the above scenario playing out within about 3 weeks.
XTZ/BTC LONG PARABOLAHi Guys - The real alt season is nearly here and XTZ is looking to do something special.
Zoom out on graph
Note first 5 waves before pump, good accumulation, just completed the second round of 5 waves and accumulation, looking ready for takeoff.
Needs to clear 9982 satoshis (dotted line) then needs to clear 10392 satsoshis for it to head into parabola, should the parabola take it through the upper green trend line then its your ticket to pluto. Bags packed and ready to go.
Enjoy and happy trading