XTZ/USD - Massive strength in Tezos price action! Bullish.China FUD, market dumps -10%... Tezos? It pumps 20%.
This is a show of strength and I don't think Tezos will stop until it reaches the true test at around $9. There are a lot of converging lines around that area, including a Fib 78% extension.
I'd be surprised if Tezos can break that. See my macro view on Tezos (linked below), this line is our resistance since forever. So best to secure profits once we get there.
For now bias is very bullish and I see Tezon pumping higher, China can't stop this or anything. I am not sure what is pushing price higher and higher... but it's working. :)
Volume is up on this move higher too... another show of strength for this.
Not much else to add, enjoy the pumps.
Like and follow if you liked this idea.
XTZUSD
Tezos to breakout again ?#XTZ
Tezos is forming a saucer bottom . Which is a classic reversal/bottoming forming similar to a cup and handle formation
The neckline is around $8 and could take us to $20 on the measured move break out over the coming weeks/months ahead . Be patient, this is a multi month pattern so don't expect to get there in one green daily candle and don't expect it to become invalidated with one red candle on the day .
There is also hidden bullish divergence on both the rsi and macd indicating a continuation to upside on the short term steepening trend !!!
like if you guys want more setups like this !!!!
XTZUSD - LOOKING BULLISH ABOVE $6.00Hey guys. Here is an IDEA for XTZUSD(T). Indicators and volume show XTZ looking bullish... A goog buy area would be around the $6.00 area.
Note that it is possible to see a wick below the $6.00 area so don't set stop loss too high!
However knowing when to EXIT a trade that is not going in your favor is very valuable! In this case we have a potential Head & Shoulders forming If XTZ breaks down a bit below the $6.00 area and this is would bring some nasty downside targets near the $2.00 area. I DO THINK THIS SCENARIO IS HIGHLY UNLIKELY but it is important to be aware of!
I do expect price action to move in correlation with BTC here as usual but if support is strong at $6.00 and BTC moves upward there is some good potential gains here. First, about 13% at the "weak resistance" and if XTZ tests the major resistance area we're looking at a NICE 25-30% GAIN!
I will re-evaluate as the situation makes major changes so follow me for updates and also check out my Twitter (link below)
(Disclaimer: I am not a financial advisor and it is important to do your own risk assessments prior to investing or trading anything. This IDEA is based off of my experience with Technical Analysis and depends on many variables)
Tezos XTZ mid-term +100% potentialCOINBASE:XTZUSD BINANCE:XTZUSDT
Tezos (XTZUSDT) is printing a classic Livermore's pattern (again, last time failed). It has shown strong momentum this month. Now it's moving to the upward band of log channel (see another idea).
Important checkpoint (major resistance): 8.0 USDT (September high), 8.4 USDT (ATH and completion of daily cup & handle pattern).
After new ATH, we are likely to see its price discovery following ATOM and AVAX.
XTZ potential for 3 digits after years of accumulationTezos XTZ has been in accumulation mode for nearly 3 years since launch. From a bull market perspective, it never really pumped. Its volatility was very tiny compared to many other ALTs in this cycle. The only explanation is that XTZ's run is yet to come.
The price was restrained in a logarithmic channel for 2 years. This is quite common for an ALT before it starts a parabolic move, like BNB.
First it will break the previous all-time high of 8.4 USD, then challenge the upper band of channel (10.5-12 USD). In the final hype it may have another 3-5x in several weeks.
The volume is picking up recently. Its fundamentals are growing solid. And perfect Cup&handle and H$S patterns and are about to be completed. Two engulfing bullish candle say it's the time.
XTZ can continue It's bullish trendHi every one
TEZOS / TETHERUS
XTZ has started a bullish Trend while ago which if we put a Pitchfork on the chart we can see that this Instrument is ranging Pretty well Between the lines of this oscillator. The Price has touched the bottom of the Pitchfork recently, and that was the pullback point for it! now the price must reach the top of the Pitchfork. the Price which XTZ can reach right now is around 8.3$.
Summery:
-XTZ is ranging in a Pitchfork oscillator
-The Expected Price for now is 8.3$
-there are also Hidden Bullish Divergences (+HD) on Both MACD and RSI Indicators!
💎Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Thank you for seeing idea .
Have a nice day and Good luck
Tezos clings to life supportWhat do you know, Tezos almost made a new ATH and proceeds to dump 40% over the following week. To say long term holders and the community is dejected is an understatement. This coin has been nothing short of a series of gut punches to its biggest supporters. Right when you get most excited, it reaches in and rips your soul.
Until Tezos proves me wrong I'm convinced this thing will never bring long term holders wealth. No matter how positive the news, the asset cannot ever sustain itself. A tragedy because this really seems like a promising project and the news outside of price action couldn't be more positive.
If September closes red it's going to get dark. By dark I mean we're probably in trouble If it closes in "hell" well, you know what that means. Purgatory would be a win at this point and unfortunately it looks highly probable that this thing will dump for the remainder of the month. Heaven... well it ain't happening any time soon.
Bottom line... Tezos must reverse course now or it's probably over for good.
Tezos cup and handleA lot of moonboys out there on twitter guaranteeing ATH and/or $10 by the end of the week. Hate to break it to you, it's not going to happen. But the good news is if this cup and handle formation comes to fruition we will likely close September above $9, which would be insanely bullish.
XTZUSDT Pullback and BuyHey guys
Whats up ?
In here we have a amazing chart and coin
From some days ago the correction was finished and the trend was changed
At now we are in upward trend but we need pullback the we can take long position and buy
we shown on chart two zone for buying , why two ?
because we are in pullback and we dont know where the pullback wanna finish and continue the trend
Because of fundamental of XTZ , the technical , the bullish market we can HODL XTZ for 3 to 6 months it can be surprise all of us
we should take signal and then entrance the position and buy
we shown a orange circle zone on chart , until the lower price with shadow of candle dont break with candle close below them the upward trend is valid and fall down the price is pullback
if you have any question about any analysis you can send me a mesaages
Good Luck
Abtin
$XTZUSD - Going to new highsHello everyone!
XTZ is preparing for an uptrend move after a correction.
There is a parallel uptrend channel formed, so following that channel, another high for XTZ is expected at $7.0
XTZ Pushing for Previous High!!?Tezos is really making a name for itself recently with some massive news coming to sight like big NFT projects and huge banking smart contract news are definitely all helping boost XTZ the gaining momentum! We had a huge wick above the R2 resistance and theres a good chance we see that level sooner than later, we are currently sitting right on the top band on the bollinger bands and when we see this happen theres usually big momentum and upswings like we have been seeing! The MACD looks fantastic we are seeing big separation in the MA's with no sign of slowing down and the histogram is only on its 3rd green bar and we are growing significantly each day, we want to see this momentum continue and push us higher and higher. We are also continuing to push upwards in the ascending channel with us currently sitting right at the top facing some resistance, i think there is a good chance we see a nice breakthrough coming up here soon and i would go to say we are likely bound to reach that 0 FIB level or 8.4$ USD! Not financial advice just my opinion!
XTZUSD has formed all major buy confirmations.It has been a while since I made an analysis on Tezos. In fact I haven't made one since February 15. However, as you see on the idea below, the main pattern hasn't changed:
That has been a Channel Up since the bottom of the 2018 Bear Cycle. As shown on the chart, the formation has clear Higher Lows (Channel bottoms) as well as Higher Highs (tops) which in some instances exceed the pattern marginally.
Right now Tezos has completed all major buy signals, namely the rebound on the 1D MA50 (blue trend-line), the CCI bottom bounce and the 1D MA50/ MA100 Bullish Cross. As you see every such Bullish Cross was relatively early on each of the previous three (3) rallies to a Higher High, so we may be still early in the uptrend this time also, despite the fact of being near the top of the Channel Up. In fact every Higher High is longer each time after the Bullish Cross takes place.
Drawing up the Fibonacci extensions since the 2018 bottom, the next target for XTZ is the 2.0 Fib extension. However I won't be surprised to see it break marginally to something like $12.00 - $13.00.
** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
--------------------------------------------------------------------------------------------------------
!! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !!
🎉 👍 Shout-out to TradingShot's 💰 top TradingView Coin donor 💰 this week ==> TradingView
--------------------------------------------------------------------------------------------------------
XTZ maverick breakout! [setup]Who's afraid of the big bad BTC? Not Tezos!
While the market watches and waits for BTC to reverse it's slow recent term downtrend, alt coin trading has not been amazing.
Only a few coins including XTZ and AVAX have outperformed the market.
As we've seen with SOL's epic run up, everyone wants in on "the next ETH," and I think that network tokens with strong features for developers will do well.
What I like about XTZ is that there's already real use-cases in the form of NFT marketplaces.
happy trades
CD
Tezos (XTZ) - September 13Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a nice day.
-------------------------------------
(XTZUSD 1W Chart)
If the price holds above the 173723670 point, it is expected that the uptrend will continue.
In particular, if the price is maintained above the 4.09144691 point, it is expected to create a new wave.
(1D chart)
It broke above the critical point of 5.67605181 and continues the upward trend.
It is necessary to hold the price above the 6.02334096-6.86318075 zone and see if it can lead to an upward movement above the 8.74937308 point.
If it falls in the section 4.419243-4.95476492, Stop Loss is required to preserve profit and loss.
However, it is possible to touch near the 3.34063 point and rise, so you need to think about how to react.
If you cannot find a way to respond, it is recommended to lower the Stop Loss ratio to preserve profit and loss.
-------------------------------------
(XTZBTC 1W Chart)
If the price rises above the 6690 Satoshi-14931 Satoshi section, which is the bottom section, and maintains the price, it is expected to create a new wave.
However, it is expected to be possible only when it rises above the 17620 point, which is the point of the volume profile that has been formed.
(1D chart)
We need to see if we can get support from the 14931 Satoshi branch.
If the price is maintained above the 14931 Satoshi point, a movement is expected to cross the downtrend line as it rises to the 16860 Satoshi-17620 Satoshi section.
If it goes down, we should see if it finds support at the 12110 Satoshi point.
------------------------------------------
We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves.
------------------------------------------------------------ -------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** See support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
Explanation of abbreviations displayed in the chart
R: A point or section of resistance that requires a response to preserve profits.
S-L: Stop Loss point or section
S: A point or section where you can buy to make a profit as a support point or section.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they are not traded 24 hours a day.
G1 : Closing price when closed
G2: Opening price
(Example) Gap (G1-G2)
XTZ/USD - Huge ascending channel, major resistance ahead!Tezos has formed for some time a major ascending channel which indicated a bullish trend (higher lows and higher highs, see yellow arrows).
The indicators on this weekly timeframe are also quite bullish with MACD, volume and RSI looking great.
For this reason, I can see XTZ re-testing our major resistance or the top of our ascending channel. This is at least a nice +40% gains left.
Once there, time to be careful and secure profits, you don't want to hold at those levels.
The major recovery from our flash crash last week is also a sign of strength (see that massive green wick of +40%). Not bad. Hence, I expect continuation of this price action until we hit resistance. Then it's time to re-assess.
Like and follow if you liked this idea!