$3.10 must be brokenTezos finds itself at a most critical juncture. $3.10 is possibly a more challenging resistance level for Tezos than $2.00 was earlier this year. The fact that xtz has not pumped above $3.10 yet during the recovery gives me hope that many of the would-be sellers on the ride up are exiting here. Thus, if we can get past this level many of the sellers will have left, clearing the way for buyers to take over the market.
The longer the battle for $3.10, the greater the odds that $3.10 shifts to firm support. Sustain a break above $3.10 and this is where things should become fun.
XTZBTC
$XTZ, Crossing over ~29k sats w/ potential 12H R/S flip$XTZ
Crossing over ~29k sats w/ potential 12H R/S flip
UCTS buy signals on the 1/2D and LTFs & starting to cross over Ichi
Volume is rising (Bitfinex chart doesnt reflect whats happening on other exchanges)
If continuation happens, then aiming for ~32/35k sats as targets
#XTZ
Tezos $XTZ - Swing Trade / long-term investmentElliott wave analysis and oscillators @1D and 3D TF indicate that Tezos $XTZ is a good investment right now!
SwingTrade XTZ-BTC:
entry: 0.00002650-0.00002685;
TP1@0.00003098;
TP2@0.00003449 with 3% TTP
TP3 >> 0.00004000
no stop loss recommended for this crypto -> accumulate it and hodl/stake it for long-term!
I´m not a financial adviser. For educational purpose only!
XTZUSD - Another good pump candidate?Could be another good pump candidate. Bounced off weekly resistance and trending upwards atm.
Keep in mind that this is high-cap alt (i.e harder to pump) and retrace is still possible, but R:R is 2:1 atm.
Hit the "LIKE" button and follow to support, thank you.
Information is just for educational purposes, never financial advice. Always do your own research.
Tezos: Long Term Ascending TriangleOver the course of the Tezos life span, It has been forming a massive Ascending triangle. A series of higher lows has developed starting from the genesis candle.
I would pay close attention to this formation. If XTZ is able to break upwards resistance, it may search for Higher Highs.
Of course, this is a probabilistic set-up. DYOR.
XTZ/ BTC - a bit risky longAn instrument with short history so no real expectations here beyond movement in a channel in the foreseeble future.
Reasons to go long:
1. Broke descending trendline
2. Still within lower range of channel.
3. Daily broke MA and is above, needs to hold though.
3. Wave theory suggests completed abc correction and new impulse up.
4. Alt season began?
#XTZ - Looks Litty and Preparing for Pump!Tezos is finishing the first ascending wave. Now there is a resistance at the 2910 sats level, there we expect to see a small correction down to the 2730 - 2790 sats zone. This zone can be considered as an entry, we will place our bids there.
If we see that the price breaks through 2910 level and takes hold above it, it would be very bullish case. Target is opened, but we will start taking profits above the 3000 sats level.
Elliot count on XTZ Hello, traders.
If we count Elliot waves in XTZ we are going to see very clear patterns of its impulsive waves and corrective waves, we believe that the XTZ corrective wave has now ended with the support test at an important support level and we may be heading towards starting another bullish movement for this asset with the waves 1 2 3 4 5.
I know the chart is polluted, but we can see clear patterns in the Elliot count, so push the like button and follow us on tradingview.
Unhealthy price action XTZIt can be seen that XTZ is extended way beyond the Gaussian channel on the monthly chart
Meanwhile REP can be seen to be sitting directly in the middle of the channel, which I consider healthy.
This is the monthly chart, momentum may carry XTZ. But I wouldn't be going long.
Tezos (XTZ) - rejectedTezos tried to exit the falling wedge again and got rejected.
Lets wait and see where next candle closes, if it closes below the line we will see it cointinue in this "channel".
If the next 4hr candle closes above the line we can see it run to the first target.
Although i would be carefull here as RSI is close to the oversold area and the fact that it just got rejected shows us that the bulls dont have enough strenght to break through it.
XTZ - Ready for take off....Weekly chart - XTZ has been under sell pressure for a number of weeks. It's not approaching a weekly OB where I expect buyers to come in strong. It may me before a wick into the block as it's a popular coin and we have a 4H Bullish Divergence on the 4H. You can also see on the weekly the 27EM'A is red providing support.
Enter a small position here and ladder in or set orders within the order 1st block in Blue with a stop under the lower order block in blue.
BINANCE:XTZBTC
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To Remind You $XTZUSD #XTZ #Tezos
Weekly
Looking at our trend timeframe we can see Tezos remains respecting its uptrend, with no major signs of reversal. Stochastic RSI showing bears and bulls are fighting for control of the momentum. Price action has been consolidating between $2.60 $2.80 for the last 9 weeks. A breakout or breakdown is due, a look at our smaller timeframes will give us a better picture.
Daily
Shifting over to our pattern timeframe we can see Tezos respecting our bullish channel. The price has bounced off our dynamic support at $2.60 and is expected to return to our previous higher high at $3.04. A daily close above the daily resistance at $2.70 is a good sign we continue to the upside. Rejection from this level and expect the price to sell-off to $2.25.