Get started

Xtzusdforecast

XTZUSDT formed bullish Cypher | Upto 38.5% bullish move expectedOn Nov 1st I published the idea of Tezos / US Dollar and it produced more than 121% and below was the idea: Now the price action of World's 10th ranked largest cryptocurrency out of more than 2300 cryptocurrencies Tezos (XTZ) has formed bullish Cypher pattern and entered in potential reversal zone and ready to take bullish reversal soon at any time. This potential reversal zone should be used as stop loss in case of complete candle stick closes below this zone. Lets have a look on the dimensions of Tezos (XTZ) price action's harmonic move: After initial leg (X to A) the A to B leg is retraced between 0.382 to 0.618 Fibonacci (The exact measuring is 0.446 Fibonacci) and then B to C leg is projected between 1.272 to 1.414 of A to X leg's Fibonacci projection (The exact projection is 1.333 Fibonacci) and final (C to D) leg is retraced between 0.618 to 0.786 Fibonacci projection of X to D leg as required for perfect bullish Cypher and now the price action is entered in potential reversal zone of this bullish Cypher pattern, now we can expect bullish move at any time which will lead the priceline between 0.382 to 0.786 Fibonacci projection of C to D leg, but after this bullish divergence if the candles sticks will be closed above 0.786 Fibonacci levels then it can also lead to the long term bullish move. As per Fibonacci sequence method we can set our targets as below for mid term trade: Buy between: $1.3655 to $1.2356 Sell between: $1.4677 to $1.7140 So this trade has potential to give upto 38.5% gains. Regards, Atif Akbar (moon333) The harmonic moves analysis involves hours of hard work and determination however the success of harmonic trading in fiat and cryptocurrencies is around 80% therefore it is always important that you follow any stop loss strategy while trading harmonic patterns I have also shared a stop loss idea in this article, the information in this article is for educational purpose only this is not intended to be investment advice, I have tried my best to catch the harmonic moves as per predefined classical harmonic bullish Cypher pattern if you find any flaw or you have any suggestion feel free to share with me in comments section. Regards, Atif Akbar (moon333)
Long
by moon333
Tezos (XTZ) Enters Top 10 Tezos (XTZ) is expanding its presence and popularity, and is on the verge to line up among top 10 coins by market capitalization. XTZ is one of the few Altcoins with a market cap above $1 billion. Tezos has already climbed by more than 24% since last week, and its appreciation is speeding up, with predictions of new highs in 2020. It looks like the all-time high near 1.8490 will be test eventually as the bulls remain in charge. If you look at the Volume indicator it seems that the market is really behind this move which is refreshing to see in the current low volume environment. The H4 XTZ/USD chart now is floating above the SMA 50 and SMA 200 curves. Early this morning the price had peaked above the 20-day Bollinger Band, indicating that it was overvalued. But the bears managed to step back in and bring the price back inside the BBs. The Relative Strength Index had kissed the edge of the overbought zone and has now dropped down to 64. Also MACD indicates increasing bullish momentum. On downside, the first support is at 1.70, followed by the middle Bollinger Bands line at 1.5672. But remember, that though Tezos offers better short-term gains in comparison to lagging Altcoins, the asset remains risky. What is your opinion?
BINANCE:XTZUSDLong
by ForexTrendline
XTZUSD W BOTTOM BULLISH SHORTI know I said I'd tried to update with a publication each day; I'll have to politely ask you to hold me to that promise until after the holiday breaks -- $BTCUSD failed to break the ceiling resistance in previous publication however the indicators & hashrates do not lie HENCE the retracement we've just seen back to 7180 R1S2 & Demarke is still in effect; just took a little longer than projected. I want to focus on ALTS now that we've had a major rally in BTCUSD price action: primarily I've had my eyes on: ENJETH / BNBBTC / TRXXRP (already closed -- check twitter) / BTTBNB (already closed -- check twitter) and now XTZUSD Without going into too much detail -- W BOTTOM reveals target short on XTZUSD @ $1.65 with a stop listed at $1.435 www.investopedia.com Source/Ref for more info on M tops & W bottoms (which I've covered in detail in prior publications) but always helpful to provide tools for you to educate yourself to spot indicators rather than just providing forexsignals with no basis. Additionally, we're seeing a lot more healthy priceaction which I believe is a good thing -- organic growth in market cap / price rather than the rampant volatility from OTC trading / Pump & Dump whaling circa 2016-17. Remember to always set your stop losses! Disclaimer Not financial Advise. Beware of price volatility. All forexsignals subject to change contingent on market priceaction. -@a1mtarabichi Happy Holidays / Merry Christmas / Happy New Years!
COINBASE:XTZUSDShort
by a1mtarabichi