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Xtzusdforecast

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