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Xtz

XTZUSD Tezos 1H Mostly Sideways ActionGood Afternoon Traders, What a great time for BTC, DOT, BNB and others. Many eyes are on those coins right now with less focus on Tezos. With the recent run up of BTC, Tezos hardly reacted. My previous idea was looking like a good setup for Tezos to break out, however the bears heavily weighed in above $5.1 and the buyers didn't seem like they were too interested. Tezos is definitely trending upwards, but not at the velocity that most crypto traders are looking for. I think there are 2 Major Resistance points and 2 Major Supports. I'm watching these over the next few days to see if there is a significant downtrend or uptrend, however it is likely that the price will stay between the minor support and resistance lines. Thanks and have a great day!
COINBASE:XTZUSDLong
by hoquet
3
Who will win the race? XBT, ADA, ETH, XTZ, LTCI hold all of these coins along with more in a more diversified portfolio. All of them have done extremely well, but the jury is still out on which will conclude this parabolic run up. It appears as though ADA has already made a large move, but still in its infancy. Dot came up and is experiencing the initial splash in the market along with the parabolic moves with other cryptos. Ethereum is largely used in financial transactions and other cryptos. XBT is the primary coin for all others to follow suit. The question is, at the top of this, what will be the order? My guess in order is: 1. ADA 2. ETH 3. BTC 4. LTC 5. DOT 6. XTZ This is based on historical patterns and correlation with XBT along with trends. I think the biggest gainer in the next 3 months could be LTC. Other coins may be a contender such as Chainlink, Ripple, Stellar, and even Doge which has shattered all of these. LTC has yet to hit it's ATH, but all other coins have pretty much run up or exceeded their ATH. There are a lot of LTC hodlers out there. Tezos is going to sit out this run up and wait 3 years or so for the next bull market when the coin has established itself with more projects. Make sure you don't miss that one because the foundation has more liquidity and investment capital than any other crypto.
COINBASE:LTCUSDLong
by hoquet
3
Tezos - 6hr is one to watchTezos is one to watch for a potential breakout. XTZ has a Symmetrical Triangle on the 6hr Chart with support from its Conversion Line (Tenkan Sen) and its Bollinger Bands Middle Band Basis. The RSI is indicating Sideways Momentum at around 56 indicating XTZ could potentially move much higher before hitting the overbought range. The MACD is also indicating we may get a MACD Line (Blue Line) cross back over the Signal Line (Red Line) which would indicate renewed upwards bullish momentum. Overall Volume is increasing slightly so we will have to wait to see if this 6hr candle closes in the green. Definitely one to watch. I hope this is helpful. Good Luck 🙏
BINANCE:XTZUSDLong
by TradingThroughTheLens
2
💡 Don't miss the great Buy opportunity in XTZBUSDTrading suggestion: . There is a possibility of temporary retracement to suggested support line (4.20). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . XTZBUSD is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 56. Take Profits: TP1= @ 4.7680 TP2= @ 5.2300 TP3= @ 5.3115 TP4= @ 5.6550 TP5= @ 6.1510 TP6= @ 6.6780 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
XLong
by ForecastCity_World
12
💡 Don't miss the great Buy opportunity in XTZBUSDTrading suggestion: . There is a possibility of temporary retracement to suggested support line (4.20). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . XTZBUSD is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 56. Take Profits: TP1= @ 4.7680 TP2= @ 5.2300 TP3= @ 5.3115 TP4= @ 5.6550 TP5= @ 6.1510 TP6= @ 6.6780 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
XLong
by ForecastCity
4