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XTZUSD

Tezos Retracts, Prices Remains in a Rising Channel above $1.67Past Performance of Tezos There are flashes of strength in Tezos' price action. However, despite the gains in the past trading week, buyers are struggling to shake off determined sellers. Currently, XTZ prices are within a rising channel with immediate support at $1.67 with caps at $1.85. The coin is inside the July 30 bull bar, a positive development for traders. #Tezos Technical Analysis Tezos is bullish and traders may load the dips above $1.67, based on the candlestick arrangement in the daily chart. Since prices are within the July 30 bull bar with support at $1.67, every low may offer an opportunity to double down with targets at last week's highs at $1.85 as prices trend inside the rising channel. Further gains with rising volumes above the previous week's highs may trigger more demand, lifting XTZ towards June 2022 highs of $2.33. Conversely, if bears flow back, forcing prices below $1.67 and May 2022 lows, XTZ could crash to $1.48 and even $1.20, or 2022 lows, in the short to medium term in a bear continuation formation. What to Expect from #XTZ? After double-digit losses from 2021 peaks, prices are recovering. The crypto market-wide recovery could prop up XTZ prices in the medium term, buoying bulls targeting June 2022 highs. These gains are, however, subject to how strongly prices break out from the rising channel. Resistance level to watch out for: $1.85 Support level to watch out for: $1.67 Disclaimer: Opinions expressed are not investment advice. Do your research.
Long
by Bitcoin_Analyzer
XTZUSD H8: 35% correction warning distribution TP 1.20 USD(SL/TPWhy get subbed to me on Tradingview? -TOP author on TradingView -2000+ ideas published -15+ years experience in markets -Professional chart break downs -Supply/Demand Zones -TD9 counts / combo review -Key S/R levels -No junk on my charts -Frequent updates -Covering FX/crypto/US stocks -before/after analysis -24/7 uptime so constant updates 🎁Please hit the like button and 🎁Leave a comment to support our team! XTZUSD H8: 35% correction warning distribution TP 1.20 USD(SL/TP)(NEW) IMPORTANT NOTE: speculative setup. do your own due dill. use STOP LOSS. don't overleverage. 🔸 Summary and potential trade setup ::: XTZUSD 8hours chart review ::: updated/revised outlook ::: distribution in range / weak chart ::: limited upside / expect dump from HIGHS ::: weakness will last for 4-8 weeks ::: LOG SCALE chart ::: not a great looking chart ::: bear flag on bear flag setup ::: aggressive FED rate hikes guaranteed now ::: CLEAN REJECTION AT recent highs ::: S/R was re-tested produced WEAK bounces ::: final BOUNCE possible now before DUMP ::: also noteworthy sequence of lower highs ::: recommended strat: SHORT from range highs ::: final TP BEARS is 1.10/1.20 usd ::: 30-35% correction possible next ::: 4-8 weeks in July/August 2022 ::: right now no upside in this market ::: position traders should wait for ::: better entry prices later after ::: final PUMP possible into FED to trap BULLS ::: recommended strategy: SHORT SELL RIPS/ RALLIES ::: TP BEARS is +35% gains - near 1.10 USD ::: BULLS stay out until correction is over ::: SWING TRADE: SHORT/HOLD IT ::: correction run not over yet ::: good luck traders! ::: BUY and get paid. period. 🔸 Supply/Demand Zones ::: N/A ::: N/A 🔸 Other noteworthy technicals/fundies ::: TD9 /Combo update: N/A ::: Sentiment mid-term: BEARS/CORRECTION/35% ::: Sentiment short-term: BULLS/FAKE FINAL PUMP RISK DISCLAIMER: Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. Always limit your leverage and use tight stop loss.
BINANCE:XTZUSDShort
by ProjectSyndicate
16
XTZ / USDT Main trend (part). Channel.On the graph, we see a large wide channel with a step of more than 300%. The price is in its lower price zone. It is also worth noting that a potential fractal may form. It is easily visible on the graph. More precisely, part of it, the other part has not yet been formed, the rise in price to the upper border of the channel implements its formation. Notice how similar "reset 13" 2020 and "reset 19" 2021 are similar. It is short for that and short, that it is "short" in time and sick to inexperienced and insatiable market participants. For someone a pain, for you an opportunity. The price rises for a long time, but quickly falls vertically. Always protect your profits and don't expect super targets, work with the trend. Compound%. Have restraint, curb your greed. If you are not sure, watch from the sidelines until you are confident in the more likely price movement from which you can benefit. local work Symmetrical local triangle with a base of 53%. Volatility has decreased to a minimum, the price is squeezed into the corner of the triangle and into the breakout zone of the local downtrend (red). All the logic and potential of the work is shown in the graph.
by SpartaBTC
XTZUSDT Attemtping to break the 1D MA50*** *** For this particular analysis on TEZOS we are using the XTZUSDT symbol on the Phemex exchange. *** *** The idea is on the 1D time-frame where Tezos is shown trading within a Channel Down on the log scale. It has been trading below the 1D MA50 (blue trend-line) since April 07 with only one very short exception (June 09/10). The Lower Low of June 18 initiated a rebound that has now yet again made contact with the 1D MA50. On a side note, that was our (achieved) target on our last Tezos trade in May: We've seen that even a break doesn't constitute a bullish signal. Also the bullish divergence on the 1D RSI (Higher Lows) has failed in the past. We may see a 1D MA100 (green trend-line) test if the MA50 breaks but still, the best buy (on the long-term) can be made if the price breaks above the 1D MA200 (orange trend-line). See how the Fibonacci levels have acted as Support/ Resistance levels since the October 2021 High. A 1D MA50 rejection targets the -0.236 extension (0.9368) while on the other hand a 1D MA200 break, sets in motion the filling of the retracement levels. -------------------------------------------------------------------------------------------------------- Please like, subscribe and share your ideas and charts with the community! --------------------------------------------------------------------------------------------------------
by TradingShot
2
XTZ - I see weakness - I strike!Reasons to take short: ⭐️ BTC bearish ⭐️ Trendline is 10 days long ⭐️ Trendline is clean ⭐️ Pulbacks are getting weaker ⭐️ There has been false breakdown ⭐️ 5th touch ⭐️ 50 ATR ⭐️ Under VWAP Will enter when price squeezes to the trendline on 5m timeframe, the base will form and the tape will get faster. If you don't understand the previous sentence, just use swing stop-loss 3-5% Fix profit by parts: 1% - 1/3 2% - 1/3, stoploss to breakeven What's left, hold to the maximum What do you think of this idea? What is your opinion? Share it in the comments📄🖌 If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊 P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
Short
by Artem_Dishel
1