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XTZBTC

XTZTook XTZ / BTC into log scale & added more time and we can see what the future holds. 1 thing is for certain BTC will most likely continue to climb into 2021 and any dips & pull back will not be a bear market. So we can assume that we r in a full blown bull market now since May 2020 IMO. The question is where does BTC top. Most analysis I respect point to a top around $190k. So If history repeats itself we should see XTZ (And all Altcoins) follow a similar path, that path is 18 months from bottom of the range until top of the range. I have outlined the top of the range with different price targets I strongly believe we will have 6 months over 2021 where BTC will continue to push higher until finally peak is reach sometime this year, If that peak is reach B4 summer than we have our alt coin targets if that peak is reach by end of 2021 then our alt coin targets will be much higher ;). So the idea is that soon BTC .D will push higher and keep alts under pressure, maybe even 81% BTC .D this will bring the peak in BTC price. Then Dominance will have small & large corrections in the bull market. This will allow alts to play catch up. So any and all dips for the next year are strictly for buying and no selling your alt coins until sub 40% BTC .D is not allowed by anyone following my analysis or the gods of crypto will fomo you back in at higher prices all year.
Long
by Big_Mike716
8
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:
BITFINEX:XTZUSD
by botje11
7
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
Long
by The_Yeager
1
XTZ - Time to close positions - Trend ReversalHi, There is now 3 targets to close short poistions. 1 is safe and right now. 2 has good luck to happen when we look at the volume divergence right now on this mini ascending channel. 3 is the main support, the best point to close. (the second point of a double bottom in weekly chart). Then we switch to long position, with a safety stop loss, because the weekly chart is an ascending channel, and 9 time over 10, ascending channel will finish in a breakout from downside. But I think we are on the 3rd movement, we will see that at the 5th one. Have a pleasant day,
Long
by Spare1
2