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Xtz

XTZ / BTC about to start correctionIt has cleared the descending resistance line on the 4 hr chart. On the 1d chart we have the MA acting as immediate resistance but if cleared, then we could expect an easy 60% move from here. Factors influencing: 1. Stock market hangs weak and if it goes down, it may drag BTC down 2. If BTC goes down as it did without altcoins bleeding much, XTZ could go up (money transfer from BTC to altcoins) OR 3. Stock market goes down, BTC goes down and altcoins go down along them. Of course, BTC defended the 33k zone but it just could go for a corrective B wave before a major C wave down. All in all, no clear sign of direction but technically, should XTZ clear the 1d MA, then it has a better chance of bouncing up.
Long
by badbeatnuts
Escape Alts while you canBTC has been growing in predictable patterns, run -> correct -> accumulate and then repeat. The growth and time periods of each of these has become increasingly shorter. The concerning pattern here is the decrease in accumulation. price is no longer moving from inflow of new buyers and money. The current price is hanging on by a thread, supported by short buyers and people late to the game.. but as you can see that is not enough for price to continue up. BTC is beginning correction. Altcoins will drop very hard as btc drops. Now is a time to hold cash and wait for drop to buy alts. Look for btc to drop to major support lines 35,000, 30,000 25, 000, 20,000.. All these would provide short term buying opportunities. Good luck.
BITSTAMP:BTCUSD
by The_Yeager
12
Tron and EOS above us?? Are you kidding me?? TOP 10 here we comeUnfortunately it is impossible to predict everything. The XRP crash ripped us from our course and set us back a few months. HOWEVER, we are on track to get back in the top 10 this year. We need to wiggle our way out of of this giant ascending channel and then get that blue sky breakout which I predict will be like Ethereum's 2017. Not financial advice but I will be trying to grow my stack before we leave predictable zones which means selling when my signals are hit and buying back at resistance turned support. If you followed my last post I took advantage of the last spike and crash around thanksgiving and grew my stack considerably. I have two rules. 1. When inside the bol bands: if the RSI hits 70 be on the lookout and start selling at price targets aka small resistances gradually. (This is what I did during thanksgiving). 2. When the candles leave the bol bands: the RSI can go over 70 but this will indicate a parabolic run. In this situation I will sell when it returns into the bands. A simple but effective strat that won't always work but history has proved itself effective thus far. Dankeschön für Ihre Aufmerksamkeit and may your Tezies be safe.
COINBASE:XTZUSDLong
by TezosGang2021
3
Tezos - potential big pump after this BTC correctionTezos has not performed as well as other alts recently. That said, its price is also fairly resilient as BTC is correcting right now. In fact, XTZ is currently at a very strong support zone: Weekly P pivot, Ichimoku cloud and Kijun line on 4H. I think it reasonable to jump in here with this long set-up: Entrance price: ~$2.13 Stoploss: $1.93 (below S1 weekly pivot) Target: $2.9 (R5 weekly pivot). $3 has been a strong resistance level, so let's see how price reacts there. With this set-up, the R:R ratio would be ~4.5. Have fun trading.
COINBASE:XTZUSDLong
by UnknownUnicorn13756681
✳️Tezos/USDT Analysis (14/12) #XTZ $XTZXTZ is moving in the Megaphone pattern and the 2.1$ zone is very reliable to give us a good profit. XTZ is on the way to conquer the 2.5$ zone, which is a very important resistance zone and a decisive factor for the next trend of XTZ. If XTZ conquers this area successfully, it will surely increase strongly to 3$ - 3.5$ and even 4.2$ in the end of this December. However, if XTZ loses this 2.1$ zone it will quickly fall back to 1.5$, which is a very strong support zone that we should buy. 📈BUY -Buy: 2.05-2.15$.SL if B 📉SELL -Sell: 2.5-2.6$ if B.SL if A -Sell: 2.9-3$ if B.SL if A -Sell: 3.45-3.55$ if B.SL if A -Sell: 4.1-4.3$ if B.SL if A ♻️BACK-UP -Sell: 2.05-2.15$ if B.SL if A -Buy: 1.5-1.6$.SL if B ❓Details Condition A : "If 1D candle closes ABOVE this zone" Condition B : "If 1D candle closes BELOW this zone"
Long
by CryptoStation
1
XTZ - All Signs Point to Moon? 100%+XTZ is coming up to important fundamental and technical milestones. A breakout is likely. TEXTBOOK bullish fractal present, with the current bar being right around the text book buy point. Overall we see a big uptrend, which we are near the bottom of. RSI is in an aggressive spot, with room to grow; a formation we're seeing across the markets before a breakout these past few days. MACD is ready reverse with a shrinking bear divergence. Volume is shrinking quickly. And fundamentally, XTZ staking testnet for RAMP DEFI launches in 2 days. I don't know how much more you need to be honest. I can't find much reason not to buy . This is not financial advice. But if you want financial advice, don't buy a boat! Total money pit. Get a friend with a boat! Now there's an investment 🍻
Long
by cryptosince1963
3
Tezos - Decision PointTezos is reaching a critical decision point where long term ascending trendline meets shorter-term downtrend. With what seems like the precipice of alt-season, coupled with the strong price rebound and reclamation of said trendline after the at crash a few days ago, I'd expect XTZ to make an upward break and begin posting some strong gains going into 2021. Not to mention the EDO proposal, brigning zkSNARKS (privacy features) to Tezos, is on track to go live in February. Stars aligning.
COINBASE:XTZUSDLong
by proof_of_shill
3