Xtz
XTZ Tezos Bullish Wedge To Bullish Wedge RetestMan, sometimes i can be such an idiot :). I noticed yesterday that i accidently posted 3 analysis as a hidden post, then i posted all of them again as a normal post, now i am seeing i posted this one twice as a hidden post :),
One would say, if there was a moment for alts to rally, it would be now with Bitcoins big ATH breakout. But why are most of them barely moving? The big alts like ETH and LTC and a few more did move quite a bit, but i see that many of the smaller ones (didn't check all of them). I don't have a theory on why this is, but as during most rallies since 2019, most of the worlds eyes are on Bitcoin and not on the rest.
So even though the setup is here for Tezos, i honestly don't know if it will play out or not, but there is potential. On the right it looks like a bullish wedge, as long as it doesn't drop below the green box, the wedge is in play. The target of the small wedge is around 2.4. The big question though is, if this small wedge plays out, is it just a small rally until the 2.4 or will we see those old school pumps like we saw in the past? For that, it's important to see it pump past that 2.4 target. So reaching the 2.6/2.7, if that would happen, then more would be possible for the coming weeks/months.
The hidden post:
Previous analysis:
XTZ 12h An aggressive buyer appears on the chart, we are waitingIt looks like XTZ has finally started buying back.
In the previous ideas, we wrote that the uncorrected fall of XTZUSDT is scary. However, the buy back began from the zone which we had marked on the chart a long time ago.
Since then, the price has never lowered to $1.78.
Looking at the chart, you can see that for the last month someone aggressively buys out XTZ as soon as it approaches $2.
It is likely that in the coming days, the buy back level will be raised to $2.20.
Growth up to $3.20 is our priority.
The priority and the situation on the chart will change if the price can fix below $2.
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XTZUSD - FallingWedge Breakout (4HR Timeframe)Breakout of the FallingWedge and clear support from the year long trendline support, so good chance we see continuation to the upside as long as Bitcoin holds steady.
The level I'm watching is the $2.60 region since it was previous resistance multiple times, as well a previous target of a bigger FallingWedge seen 2 months beforehand.
It's also possible for us to reach and test the $3.00 regions in the future, and eventually testing the upper support of the year long trend, though it is too far out to analyze for the meantime. Also, if the price stalls too long in it's current area of $2.35, then that may be a bad sign as well, we need a big push.
XTZ big move coming! XTZ price has been steadily moving while btc xtz pair has been moving down. Due to sudden spike in BTC, holders are moving out of xtz into btc. This has landed xtz in the oversold zone by a good margin. When BTC begins to move back to xtz price will spike. MACD will make cross above center line within about week I believe signaling trend reversal. But the bottom would most likely be now.
what are your thoughts?
peace
XTZ/USD (round 2) :)XTZ/USD round 2
XTZ has had a massive sold off after our date of 10th August 2020.
Now is at an interesting level for holders to reaccumulate, anyhow, if you are already in , you will see 2 interesting targets in red (TP1, TP2) to redistribute/sell.
With a DAILY close above the black resistance at around 4.492 would activate the much more ambitious targets.
An eventual fall and close below 2.32 would activate the 2 buys in green.
Good Luck :)
LSMTS
XTZ BTC pair about to run. 2.50 -> 3.00 -> 3.50 usdlooking at the weekly xtz btc pair, price has touched the bottom twice and is leveling out. Moving average is leveling out, RSI is just touching the floor of being over-sold and volume has created higher low on the oscillator.
Signs point to a strong move upward within a week to a week and a half. This chart also validates an evaluation I did recently on XTZ USD pair I'll share below.
Again, be aware that if BTC has a strong correction that XTZ and others will most likely follow. I expect that XTZ would move up very sharply after this correction if not before.
There is money to be made, and greed is a relentless task master. So I think price will go up.
Friends do not trade with your gas money, buy gas with your gas money and trade with your cigarette money..
Peace
XTZ at the bottom 2.50 -> 5.00 -> 8.00looking at daily chart and marking support/resistance zones. XTZ is staying in upward channel. could take a couple months to reach new highs, but if you were going to buy at the bottom and hold, the signals emphasize now to be a good time. Possible that we could see 1.85 before moving up but the risk/reward on the long term target is very good.