XTZ 1D Good growth, but needs correctionOur idea is first for those who trade XTZUSDT and hold a long
To begin with, it is worth saying that over the last month the price of Tezos made x3 rise, from $2 to $6 , and the rise was almost without correction, and they are needed.
We hardly believe that the price of XTZUSD will be able to rise above $6.25 again in the nearest future, maybe not even that and go straight down.
One of the factors that allows us to think so: critically large volumes at the recent theoretical highs.
The area where we would personally consider opening a long is around $3.60-4.20 . And the decision to go long should be made if and when the XTZ price approaches this zone.
In general, if you look at this chart and want a lot, you can see that the price is quite technically moving from level to level. And then it's every man for himself)
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XTZUSDT
XTZUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in a daily time frame.
As you can see, the price is fluctuating on the support line that has supported the price several times.
There are two scenarios, if the trend can stabilize above the specified area, it can touch our target, but if it stabilizes below the support line, we predict a fall.
Warning: This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position.
Wish you luck
XTZ vs USDT ---LONG--- 05.11.21XTZ vs USD
"What to do with such volatility and what to look for"
If you look at what has happened to the coin lately, it is obvious that this is some kind of madness (highlighted in a red square)
In order not to complicate everything, several points can be highlighted:
According to the MACD indicator, we see that there was no formed divergence as a prerequisite for a counter move, which means that with a greater probability we are still waiting for a new price maximum and minimum according to the MACD indicator.
In general, the trend is still upward, if we start from the last impulse, which determined the historical maximum for us. The beginning of this impulse is marked with a blue tick - the bears will have to try to renew it in order to change the trend.
Well, if we look at the situation completely locally, we will see that we have a positive construction with the minimums and maximums (marked with red and black ticks) This means that locally we have a positive trend and more globally, as mentioned earlier.
Total: the situation is not easy and it will not be easy to buy on time, but we are more likely to see a new historical maximum as a denouement. One of the solutions may be to buy a coin for a very small part of the deposit, so as not to get nervous looking at this volatility.
TEZOS- Time to Buy AgainTezos was the perfect 'short' but the chart shows support has been found and tested and the price could rise again next. First to 7, then it will need to break that resistance and flirt with new all time highs.
A blockchain designed to evolve.
Security focused. Upgradeable. Built to last . Tezos is an open-source platform that addresses key barriers facing blockchain adoption for assets and applications backed by a global community of validators, researchers, and builders. By design, Tezos embraces long-term upgradability, open participation, collaboration, and smart contract safety.
Currently at number 38, XTZ will need to x2,4 to reach Litecoin... which personally I believe will happen.
NEW DEALS:
-Tezos bringing NFTs to the Grammys via partnership with OneOf
- Red Bull launch Digital Collectibles with limited-edition Perez range
Let's see how this goes.
One Love,
the FXPROFESSOR
$XTZUSD - Add Tezos above 6.86Hello everyone!
XTZUSDT retraced from a dynamic resistance, which acted as a support previously (dashed line)
Tezos still is a great opportunity, it still is above the major dynamic support (pink line) and if closes above 6.85 another bullish run will most likely happen up to 7.37 and 8.34
TEZOS | Descending Channel Formation..!!#XTZ/USDT (Update)
In 4h timeframe, Forming Descending Channel Pattern..
So far Looks Bullish & If Channel Broken Upside, Expecting +30-40% Bullish Wave.
Don't miss the Ride 📈
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#XTZ Tezos 1D Chart - Trendline TouchXTZ - follow the trend. It seems that we are at the bottom trend line of the Rising Broadening Wedge. Though these are generally bearish patterns, XTZ may have the opportunity to reach the top part of the wedge next. To increase this chance, I noticed hidden bullish divergence on the 1D chart along with consistent market structure with higher lows.
What are your thoughts? Comment below and hit the like please. Thank you!
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk #bitcoin #altcoins
XTZUSDT BULLISH SIGNAL UPDATE!!As you all know, Tezos (XTZ) is not performing well from last 6 weeks and according to the Chart patterns, Decending Channel is formed, Breakout formation and also indicators giving bullish signal.
Short term Trade, DYOR Before taking trade, as i'm not responsible for your loss.
RISK FACTORS:
Market/ BTC CRASH
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XTZUSDT AnalysisHello friends.
Please support my work by clicking the LIKE button(If you liked).Thank you!
Everything on the chart.
open pos: 7.5-7.9
target: 9.3 - 10.4 - 11.5
after first target reached move ur stop to breakeven
stop: ~6.1 (depending of ur risk). ALWAYS follow ur RM .
risk/reward 1 to 2
Good luck everyone!
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XTZ: Will long when some kind of bounce happens.XTZ is currently sitting just above a pretty important trend line. I’m waiting for a bounce before entering a position, mainly because i don’t like the declining volume.
Supports:
Yellow diagonal + 6.00 price tag
5.80 (swing low)
5.6/5.5 price tags
Resistances:
7.15 (swing high)
8 (2nd swing high)
XTZUSDT , There is still time to buy ...Hello guys
Whats up everybody ? This week is one the sensitive week that everyone can take nice profit from the markets
In our previous analysis we shown on chart 2 buy zone area that is the best area for buying and can return the price to go up
Exactly our buy zone area was activated and now we can wait until our target will reach
Previous analysis :
Dont forget use money management and stop loss
Good Luck
Abtin