XTZ - potential trade ❗❗A potential XTZ deal.
Accumulation
Price squeeze
Higher lows
Potential target marked above
Buy after a breakout or retest of the $5,6 level as support.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
XTZUSD
MY MINIMALIST CHART ANALYSIS FOR $XTZ9.6.21
My Minimalist Analysis of $XTZ
Indicated are key levels of support and resistance using small and large range boxes TO ENTER A SWING TRADE (Short - Long).
Watch out for patterns, EMA, and your Fibs.
Further Analysis on price action is required on a 1HR-4HR chart when entering or closing a trade, depending on your risk appetite and trading style.
Disclaimer: The findings/predictions of the following analysis are the sole opinions of the publisher of this idea and must not be taken as investment advice.
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FORTH heads to top of channel 21.90 -> 22$(refer also to charts for forthBTC pair)
looking at 4hr ForthUSD chart,
Forth shows signs of reversal. Higher low is created on both ForthUSD and ForthBtC charts.
ForthBTC chart also showing signs of reversal. Expecting a potential move from BTC -> FORTH which is consistent with the USD chart. both pairs FORTH(usd,btc) moving up will send FORTH to top of the current channel and possibly higher.
watching this closely.
trade safely.
Thanks
XTZ/USD: UpdateIn this update, I make a long position in Tezos and I decide to keep this posiion toward $12 USD in my exactly point to take huge profits. For that, Tezos has a nice opportunity to keep this position to long as Chainlink do. My SL it's around of$4.69 USD. For that, I will keep this position to hold until touch the $15 USD. This it's a huge potentail profit of 124%.
Now, in Daily timeframe, if we closed up the Daily Candlestick in the next 2.28 hours. We could to conclude if that form a bullish signal, Tezos could to climbing in the next days.
And also, I'd reccomend to watch the monthly timeframe. Because Tezos it's look extremely bullish to run to the way of $12 dollar.
So guys, at the moment, I'm in two trades; Chainlink and Tezos that look with interesting perspective to longs. Now, any change of the trade I may to inform in this media.
XTZ Buy a break setup.XTZUSD - Intraday - We look to Buy a break of 5.781 (stop at 5.588)
Daily signals are bullish.
There is no indication that the rally is coming to an end.
A break of bespoke resistance at 5.750, and the move higher is already underway.
Our outlook is bullish.
Our profit targets will be 6.348 and 6.448
Resistance: 5.750 / 6.000 / 6.125
Support: 5.400 / 5.300 / 5.000
XTZUSDT (Tezos) : TP1 Reached ✅ 🚀+30% ✅ 🚀Last Analysis in 21.Aug.2021 : Let's buy Some #XTZUSDT (Tezos) , Shall We ?? Great Move Starts From Yesterday ... After The break we can add some more ...
In order to buy, the SL (stop loss) and capital management must be observed.
All resistances and TPs (take profits) are marked on the chart.
(DYOR)
Now : TP1 Reached ✅ 🚀+30% ✅ 🚀
Let's go for the Second Target ...
Tezos XTZUSDT - Ascending channel + Next target- Tezos XTZ Rank #45, Volume 24h $141,285,330.
- On the chart we an spot an ascending parallel channel.
- RSI is prepared for another pump.
- Last time - Rejected by 0.786 FIB and ascending channel!
- For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio (RRR) - please check my signature below ↓
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Tezos (XTZ) - August 12Hello?
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(XTZUSD 1W Chart)
If it rises above the 4.419243 point, it is expected to create a new wave.
(1D chart)
If the price holds above the 3.34063 point, it is expected that the uptrend will continue.
The section 3.34063-4.419243 is a volume profile section and is expected to create a new wave if it breaks through this section upward.
If it declines from the 1.85532069 point, there is a possibility of entering the mid- to long-term investment zone, so you need to trade cautiously.
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(XTZBTC 1W Chart)
If the price is maintained above the 6690 Satoshi-9730 Satoshi section, it is expected to turn into an uptrend.
However, in order to get out of the trough section, it must rise above the section 14930-17620.
(1D chart)
We need to see if we can get support by going up to the 7880 Satoshi-8500 Satoshi section.
To continue the uptrend, it needs to rise above the 8500 Satoshi point.
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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.
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** 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 Potential Drop Before Taking off!?XTZ has been moving somewhat sideways but slightly upwards for the past month and a bit and it looks like we could be in for a little drop coming up soon, i imagine that we will see a drawdown to the pivot point which is about -9-10% from where we are now, however i do really think we are going to catch support and get a bounce, if you take a look at the bollinger bands you notice the midline which right now acts as support lines up perfectly with that pivot point that acts as support, i think its likely that we will atleast see a bounce on the first wick down. Keep in mind that BTC is a big factor in this, if BTC decides to pullback or drop we can expect the same for the rest of the market. The MACD is looking a little shaky we see our Blue MA approaching the orange one while pointing to the downside, i think we are likely due for a bearish cross in the coming day/s. Our histogram is slowly cooling down printing lesser green bars than the previous and we are coming up on the midpoint where we could see this flip to red. Think a little cooloff or pullback is due before we see a big run for XTZ here but keep in mind BTC plays a huge factor so always remember that, very bullish on XTZ longer term i believe it is a great project and will be looking to buy the dips. Not financial advice just my opinion!!