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Xtzshort

XTZ Due For a Correction!?Tezos has been pushing up solidly recently from around january 26th we have been on a steady rise, we are currently trading inside of a rising wedge which is actually a bearish pattern and i believe we could be in for a healthy corrective move coming up soon. Don't get me wrong i am overall very bullish on Tezos in the longer term especially but i think we are due for a corrective move any day now. What im looking at is a possible false breakout of this rising wedge we have right now to the upside before coming back down quickly, this would effectively liquidate traders if we saw a move like this happen. Now if we look at our Mean Reversion channel we notice that our "mean" is below us about -15% currently, price tends to come back to this point sooner than later. Now another indication of a move like this happening is because we notice our top yellow/red band is right above the rising wedge, now this part indicates that price action is overbought-strong overbought, so playing back into my scenario with a false upside breakout landing us right in this overbought territory gives me more confirmation that a corrective move is coming. Now another reason is just due to the fact that we have seen very bullish price action recently, we have been steady moving to the upside with little to no corrective moves. Now what i am excited about here is that a move like this will provide yet another great buying and entry opportunity. Now lets look at the RSI, one thing is absolutely amazing, we are currently atleast on our 4H chart in a confirmed uptrend, this is shown by the RSI remaining above the midline for a decent amount of time, now another thing that plays into my prediction is that if we check a percentage drop on the RSI to a likely bounce support we actually line up perfectly with the same percentage as the mean is away from price action roughly 15-15.7%! Not financial advice just my opinion!
COINBASE:XTZUSDShort
by JacobR905
Last expectation: XTZ under 1.92I hope this is the final leg down, and after this the bull market will come back. Today we had yet another dump, and I've cleaned up my graph and tried to make something out those Fibonacci's. 0.382(7.1USD) was resistance two times. 0.618(6.3USD) was resistance two times. 0.786(5.8USD) was support two times. Once 0.786 was broken through with ease, 1(5.1USD) was support once, 0.786 became resistance, then it dumped hard. May 19th to 24th (today) 0.236(4.4USD) was resistance two times. Price floated around 0.618(3.4USD) with 0.5(3.7USD) being resistance. 0.786(2.9USD) was support two times. Today at 12:30 we fell right through 0.786, to retest 1(2.4USD) as support. It held, once. My last expectation: 0.786(2.9USD) will be retested tonight. If it continues to be resistance, we'll retest 1(2.4USD) and I hope we fall right through it (like on May 19th), in order to be saved by 0.236 of the next period (1.9USD). Otherwise, if we come over 0.786, I might be really tempted to buy back once we're in the clear over 0.618. I see already that my previous idea linked here (If we remain under 3.32...) is somewhat being attacked, because we dumped through 2.89 but we are currently back up a bit. Short in the short term, long in the long term. Note: a much better view would be obtained by looking at BTC or ETH, not XTZ. But I look at this becaus this is what really interests me. This is not financial advice, I'm just a noob that discovered Fibonacci's. Opinions?
COINBASE:XTZUSDShort
by Why_would_you_need_my_name
Tezos XTZ D Bullish Analysis$XTZ is in a bullish sentiment holding up HTF support well and consolidating before it is ready for a rally. As shown it the graph it needs to maintain support trend line and break first key resistance $4.53 before a big margin for exponential price growth towards $7.43 range. Having to break that we will then see price actions towards $9.18, $11.149. If the momentum keeps up we have another big gap that goes all the way to $19.15 - $21 range. This needs to have a constant lookout for reversal and new support line. Resistance needs to be broken accordingly in order to go for each higher target
by shukranbonaparte
XTZUSD: Analysis using Ichimoku 26/06/2020H4 On D1, the price fluctuates in the cloud. The channel of correction is visually clearly visible. Conclusion: Locally, we recommend buying when the RSI reaches an oversold level and down line of the channel on D1. H1 At H4, the cloud is directing downward, indicating a downtrend. At H1, the cloud is directing downward, indicating the movement within the framework of the trend for H4. Conclusion: Locally, we recommend buying when the price reaches above the Ichimoku cloud and the RSI reaches an oversold level at the local price correction.
BITFINEX:XTZUSD
by QubitLife
C&H Signals parabolic short XTZTezos is Kicking off this beautiful Friday morning kicking off this beautiful Friday morning where the sun where the weather today looks spectacular on the east coast :-) So my guess is sometime around 4 to 7 AM so my guess is sometime around 4 to 7 AM during peak Asian trading hours (Probably as a result of probably as a result of the resurgence i've coveredProbably as a result of the resurgence of covid19 (second wave) in China with breaking news revealing wuhan has seen a surge of 50%+ cases of coronavirus diagnosis despite the fact their curve had flattened so much so that they lifted their social distancing bylaws and their workers were fully transitioned back into the workplace.. My guess is this is will cause panic and FUD as there's still so much we don’t know when it pertains the coronavirus and more questions than answers leaving too much uncertainty which is the one thing institutional investors cannot stand: Selloffs, recessions & extended bear markets are fine but the prospect of hypothetically reopening the economy just to shut it down again is compelling enough to make everyone on Wall Street shit their pants and seeing as how it's about 6:30 AM EST right now they should be waking up and we should be seeing some parabolic in prominent Alts and much much more volume On BTC. Edit: When I started this publication when I started this publication you were sidewaysWhen I started this publication we were sideways; I need to keep the opeds shorter Because My prediction literally came my prediction literally came through so quickly that I didn't need to be have a chance to post it yetMy prediction literally came through so quickly that I didn’t have a chance to post it yet. So as long as you do not fear anything and remain disciplined in your entry/exit pts there is still time to make this entry so I’ll conclude head wrap this up sorry you guys ! So the two main figures to look out for our 2797 aka the stop loss and most important figure & 3168 which is the optimal TP for a perfect short on XTZBTC! Have a wonderful weekend & a happy Friday everyone. Stay safe and healthy and take care of yourselves and your families with I reported staggering +800% shattering increase and statistics for domestic violence/abuse we need to keep in mind we are at the crisis right now and the last thing we should do be fighting with those we love the most though is closest to us rather banding together at using this time as a gift try to see the glass is half full. I’ll leave it at that. Peace & Love -@a1mtarabichi DISCLAIMER These statements are not guarantees of future performance and undue reliance should not be placed on them. Such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause actual performance and financial results in future periods to differ materially from any projections of future performance or result expressed or implied by such forward-looking statements.
Short
by a1mtarabichi