$XTZ, Bounced quickly from ~14k sats support..$XTZ
Bounced quickly from ~14k sats support (breaking from descending trendline)
& currently is looking for a ~19k sats resistance level retest...(10% to go..)
Willing to see interaction with that level since I could't catch an entry on support
UCTS Buy signals on LTFs
#XTZ
XTZBTC
XTZ Bounces Off An Important Long Term SupportPretty simple. This is my first XTZ chart. I don't own any, but I was explaining to my small group recently that the 1500 level must hold for XTZ to make another move up. This is exactly what has happened. Unfortunately I was busy for much of today, so I wasn't able to post this before the recent price move. On the right, you can see the HitBTC chart with more historical data. There, it becomes clear how important the 1500 level is. XTZ also has a bear market downtrend to contend with in the 1800 area, but once that clears, it can test the recent high, or even the 2800-2900 area.
In sum:
BUY - 1500-1700 or now with a stop loss below 1470
SELL - 2400 - 2900; short term 1880 (near 50d MA)
If 2900 breaks, XTZ can go on a much larger bull run. Will have to reassess if and when it gets there.
That's it!
This is not financial advice. This is meant for speculation and education only.
-Victor Cobra
EZ profits in XTZ. Tezos correction complete!Hello fellow traders,
XTZ has finished its ABC running flat correction after being accumulated in two fib zones for the past 2 weeks. I think we are just starting a wave three so my minimum target is at least $2.50, if we have good volume my targets will be fibs above that.
Good luck with your trades! :)
XTZ/BTC 8H (Binance) Falling wedge about to endTezos is facing strong support on 1500ish, I'm expecting it to breakout of the wedge soon:
Entry range= 0.0001510 - 0.0001556
Take Profit= 0.0001679 | 0.0001739 | 0.0001806
Stop Loss= 0.0001387
Risk/Reward ratio= 1:1 | 1:1.41 | 1:1.87
Expected Profit= 9.5% | 13.4% | 17.1%
Possible Loss= -9.5%
XTZ - Its time nowXTZ just took support of fib .618 and 200 EMA and i guess it might be the time to look at it.
With all major coins have made a good move, its time for XTZ to show its move.
Tezos $XTZ Lagging But Setting Up for a Huge Push! 1/19 I am running a little tight on time to write a proper review. Nevertheless, I am providing you some good visuals and where we potentially should see a reversal, plus the target for the next leg up. I expect to see a true reversal by or before January 19 for $XTZ.
This rocket waiting to take off. Don't be fooled by the current correction and latency on price movement. Tezos never moved with the market for reason. There are real money behind this project and likely the best Tech in Crypto all together. Most don't see it, and that is absolutely fine. The time will come and is not in the far future, Q1 still.
I am willing to bet that Tezos will be one if not the biggest mover of 2020. This is early days, think of ETH back in 2016 to early 2017.
This is when you buy!
Happy trading!
Unusual Tezos volume on Kraken Zoom out and look at the daily too - highest trading volume for Tezos btc pair on Kraken ever... and the day isn't over. Someone out there with huge bags is selling. Could be a sign that capitulation is near.
XTZ/BTC TA Update (Another Leg Down?)XTZ/BTC
XTZ is on a strong or deep pullback and already testing the golden Fib 0.618 level. The RSI hasn't hit the oversold condition yet and we are still seeing increased in sell volume indicating that there could still be another leg down before a strong move to the upside. If XTZ can close the price above 1700 then there is potential that this trend is ready to move up again. Otherwise, we could experience more downward action below 1500 - 1300 regions.
$XTZ $BTC - TEZOS GIANT CUP & HANDLE! I hope you like TEA Boys! I hope you are thirsty for some tea fellas. I expect some huge bullish movement between now and February for $ALTS. #TEZOS whales are shaking out the weak hands painting a giant Cup & Handle. This is a bullish pattern going into Q1, 2020.
Look for my target on the chart. KRAKEN:XTZXBT
Cheers and happy trading!
XTZ ANALYSISXTZ
XTZ has had a significant run lately, and is now seeing the retrace. XTZ is currently inside of a small falling wedge and should break out for a relief rally after hitting the yellow temporary support zone. I expect the relief to bring XTZ back close to 21000 sats. From here, I expect another wave down, bringing XTZ all the way down to MAJOR support at 14500 sats. This is the prime entry zone. Stoch is way oversold and RSI is creeping on oversold territory. I expect the small relief to cool off sellers before the next wave down. I would NOT recommend buying now. Wait for the drop back into green buy in. When target zone is reached, I will update take profit targets!
Possible Entries: 14500 sats
We PREDICTED XTZ/BTC PerfectlyThis was an example of a perfect trade executed on the XTZ/BTC chart. Those who followed our signal are now over 16% in profit, and that's without counting LEVERAGE first. We believe Tezos will continue to move inside the compression range, i.e. the turquoise Bollinger Band. Further downside is to be expected, and if you have shorts opened, do not close the ENTIRE position at the 50 daily moving average.
Many signals providers supply you with multiple signals daily. They prefer quantity over quality, and in consequence usually a big portion of the signals fail. They get you to build a house of cards; small profit after small profit after small profit. Not only is that time consuming without a trading bot, but also the other way around. You should strive towards small loss, small loss and then BIG win. At MeowSignals, we pick quality over quantity. One successful signal is big enough to cover ten losses and keep you going for weeks. We don't know when, we don't know the chart, we don't know how often. But hang around, because they DO come. Cheers.
Commodity Channel Index, custom volatility indicators and Bollinger Bands and their derivatives were used in the technical analysis. This is not a financial advice and you agree to take 100% responsibility.
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