XTZUSDT. Short. Trend line & support retest. XTZUSDT 1D. Within an ascending channel which in itself is bullish. That said I am expecting a retest of recent support and will be particularly interested in any activity around the trend line marked 'A'. On the hourly I see it being more bearish than bullish. We had a bear flag break to the downside. From a Fibonacci standpoint 0.5 (which is not in fact a Fibonacci number) looks most likely for a test.
XTZUSD
Support everywhere for $XTZ2DAYCHART Linear Regression current price supported by the midline and price resistance (green)
On the 4hr Price has bounced off the bottom channel of the LinReg and the 6 hour price is actually out of it and oversold.
Look at where the current TopCap is placed and you can see previous tops marked, we have a long way to go yet!
Warning: What we need to see is that the MFI start looking upward soon, if not we will continue to go down and do a Full oversold on many other indicators
Thanks That's a wrap
This is based on how I read the charts
Tezos is at Support Offering 30% ProfitTezos (XTZ) just hit its all-time high at $4.48 last week. It now stands at support, which was the high during its last bull run in February this year.
Let’s take a look at Tezos and its likely forecast.
What is Tezos and How Does it Work?
Tezos is a platform designed to provide code correctness and safety for both its assets and use cases. The platform’s smart contract language facilitates formal verification, which is a methodology commonly used in mission-critical environments such as the electric power systems, aerospace, and nuclear industries.
Tezos's architecture and upgrade mechanism allow the network to propose and adopt new technological innovations as they emerge. This capability enables the protocol to remain up to date regarding innovations without sacrificing community consensus.
All stakeholders may participate in network upgrades by evaluating, proposing, or approving changes. Additionally, stakeholders can help to secure the network (via delegating or baking) and avoid being diluted by inflation.
Tezos is thus a multi-purpose platform that supports decentralized applications (DApps) and smart contracts. It is similar to Ethereum in nature, and similar to Ethereum, it has an unlimited supply.
Tezos (XTZ) on the Chart
Last week, XTZ hit its all-time high at $4.48 and currently stands at support. The price may fall further at the support of $3.33-3.15, as displayed by the green rectangle on the chart. If a position is opened just before that support level and closed just below the resistance at $4.3, then it offers an opportunity of around 30% profit.
It is impossible to predict all price movements of a coin or any asset in general. Therefore, professional traders always recommend having a stop loss in place at a level where you feel comfortable.
Tezos (XTZ) - August 17Hello?
Dear traders, nice to meet you.
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It remains to be seen if it can rise above the 4.526 point.
You also need to see if you can get support at the uptrend line (3).
With support at the volume profile point of 4.1057, the uptrend is expected to continue.
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Coin market volatility period (August 14-17).
Therefore, I think careful trading is necessary.
I think it is better to observe the flow rather than rushing to trade according to the price flow.
I think this is a time when only minimal trading is possible to preserve profit and loss.
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** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on 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 segment that can be bought for generating profit as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment trading. You must trade from a short-term investment perspective.)
XTZ/USD formed Bullish GartleyDust temporarily settled on this pair, while I was surprised by the weakness by breaking down the ascending channel to retest the newly flipped Feb high resistance line, I kind of see the setup now.
This Gartley is a very powerful pattern to the upside and I expect to see the price return to the high range of this consolidation, keep staking Tez warriors!
XTZUSD to see slight uptrend(1D) | Gap up in Bollinger Band seenMarket in last 1 week
-XTZUSD saw an uptrend and moved sideways thereafter
-Price volatility was very high. The market moved ~23.69%, between $4.49 and $3.63
Today’s Trend analysis
-XTZUSD expected to see a continued uptrend as after riding the upper band gap up is seen with the conversion line above the baseline and green cloud
-Price at time of publishing: $4.1076
-XTZ’s market cap: $3.03 Billion
-Oscillator indicators are mostly neutral. RSI at 62
-Moving average indicators are biased towards an uptrend. Ichimoku Cloud is neutral
-Volume indicators saw a decrease in volume as price started moving sideways with the traded volume decreased from 10.72M to 4.21M
Price expected to see a continued uptrend as with the gap up in Bollinger band and price riding the upper band with conversion line above baseline with green cloud and band expected to squeeze. Most of the Oscillator indicators are neutral. Signal line approaching MACD with histogram size decreasing in the positive region. RSI at 62, above the midline still in the neutral region. CCI is around 67, moved from the overbought region to a neutral region. Another interesting point to notice here is that volume is decreasing in the last few candles as the price started to move sideways after the breakout.
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The analysis is based on signals from 28 technical indicators, out of which 17 are moving averages and remaining 11 are oscillators. These indicator values are calculated using 1 D candles.
DM to get details of the above analysis and list of indicators & their values used to arrive at the above conclusion.
Note: Above analysis would hold true if we do not encounter a sudden jump in trade volume .
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- Mudrex
I consider XTZ uptrend confirmedAfter recent break out, we have been witnessing some turbulent consolidation. The battle between bear and bull is strong, but I see early signs of bull having upper hand. This TA isn't complicated and should be quite self-explanatory. First target would be upper trend line of ascending channel whenever it gets touched, but personally I won't even sell at that point - I'm buying and holding!
XTZ to $6 - former ATH acting as support S/R flip Long term game, XTZ looking like it's turning its former ATH around $3.95 into strong support, consolidation before the next leg up. Upper end of the channel ~$6, but as we're entering what could be a pretty impressive bull market for much of crypto I'm not gonna put an upper limit on this. Tezos is one of the stronger projects in crypto IMHO, and with continued ETH struggles I expect it to gain a greater foothold amongst layer one projects going forward.
Tezos technical indicating a buy setup!! Margin trade XTZ/USDTThe real play here is Tezos’ development architecture, which allows for the rapid deployment of security token offerings (STOs) onto a highly stable platform.
Let me explain...
STOs are public offerings that use tokenized digital securities. Think of them like stock certificates that trade on a blockchain instead of a stock exchange. You can use STOs to trade real financial assets, such as equities and fixed income. Investors can store, trade, and exchange their STOs on the blockchain.
And we’re already seeing serious financial players turning to Tezos for their corporate needs – especially in real estate, which holds trillions in value.
Plus, you can do things not available in the market today, such as sell a building’s income stream, appreciation rights, and depreciation rights separately.
So you can begin to see the value proposition of tokenizing just real estate alone through STOs is huge. This approach can be applied toward forestry, mining, or any other type of real estate development project.
Tezos (XTZ) - August 4Hello?
Dear Traders, Nice to meet you.
"Like" is a great power for me.
By "following" you can always get new information quickly.
Thank you for always supporting.
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It is rising at the 2.8886 key point.
In order to continue the upward trend, we need to see if we can rise above the downward trend line (4).
If you stray from the 2.557-3.1 section, you are expected to create a new wave.
Short-term Stop Loss when deviating from various trend lines.
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** Check 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 profit or loss on investment.
Description of abbreviations shown in chart
R: Resistance point or section, where a countermeasure is needed to preserve revenue.
S-L: Stop-Loss point or section
S: A point or section that can be purchased for profit generation as a support point or section