XTZ - Correction (As you asked)Same idea as the previous THETA chart.
XTZ looks weak, it has two strong support areas to hold the price up and also two resistance areas which might cause more correction.
If you're into opening long positions then wait until the price crosses the resistance areas and then after the first 4H confirmation, open your long positions and aim for the target.
⚠️ NOTE: This usually happens when a coin gets hot on crypto platforms: it might go down by a little and then get back up to a new high.
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XTZUSDT
XTZUSDTTezos bias is obviously bullish and all the slippage are counted as correction like this one (which can still continue dipping but still nothing to worry about)
it might forming the unofficial "mountain formation" from this point and with that all our target will be viable
anyway the candles shows the bulls still in front seat and ride this chart to the top and go for ATH step by step just be patient
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Tezos XTZ - 6h. Buyers Ready to Storm $7.25-7.7The beginning of the week on the cryptocurrency market turned out to be not entirely pleasant. Tezos is no exception. During Monday, the price of XTZ fell 16% . For comparison, the price of BTC fell by almost 10%, the price of ETH - by almost 12%. If we compare XTZUSDT to the most powerful coins in the crypto market in terms of dominance, buyers kept the price quite powerfully. Our previous idea worked halfway through. Buyers failed to hit the mark of $10 without a deep correction:
Looking at the nature of the fall in the price of XTZ and its stop, we slightly adjusted the liquid price zones. Thus, the chart shows that:
- major buyer support is in the range of $5.5-5.85.
- Problems with the continued growth of the XTZ price begin to arise in the range of $7.25-7.7.
If you look at the 6 hour timeframe , you will notice that buyers failed to take control of this range for the fourth time:
By the way, the fall on May 10 was quite natural. Please note that the correction in the XTZ market started earlier - on May 7. It was after the sellers dropped the price below $7.25-7.7 that we saw a new impulse for the fall.
However, the price of XTZUSD continues to move in the local black growth channel . In addition, yesterday's close of the daily candle is encouraging to think that the fight for the range of $7.25-7.7 is not over. The main signal for the continued growth of the Tezos price to $10 will be the retention of the local level of $6.66. In our opinion, from this mark, buyers will begin an assault on the critical range.
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We do not consider the alternative scenario until the price of XTZ is above the range of $ 5.5-5.85.
A GIFT VIP SIGNAL TRADE 💸💎BREAK OUT CONFIRMED !!!
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⚠️ future tarde ⚠️ (x5)
✅ Buy: 7 - 7.35 ✅
🎯TARGETS:
1- $ 7.66
2- $ 8.50
3- $ 9.25
4- $ 9.92
5- $ 10.5
💵 Trade Size: 5-7% of Portfolio
🚫Invalidation(SL): daily candle close below $ 6.41
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Tezos is going to the moonBINANCE:XTZUSDT
KRAKEN:XTZUSD
BITTREX:XTZBTC
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Tezos has been consolidating for a long time. It has completed the first 7 steps of a typical Jesse Livemore's pattern. There will be a huge leg up.
Fundamentally, the ecosystem of Tezos is enriching. Tezos NFT marketplace hicetnunc.xyz is drawing a lot of attention. Soon there will be a third DEX on Tezos -- the TezosSwap (previously we have Dexter and Quipuswap). It's said yield farming will be listed on TezosSwap. Let's see if Tezos will follow the path of Solano and BSC system.
As a major player in smart contract public chain, Tezos market cap is caught up by a lot of new comers. But it belongs to the Top 10 coins.
Top target is 100x from its very bottom. So I'm expecting 50 usdt or more at the peak of bull market.
XTZ/USDT is pretty much like DOT/USDT
XTZ/USDT has formed a reversed head and shoulder as well. the situation is pretty much like DOT/USDT ! the pullback has been done and the price is ready to ascend into higher values!
XTZ/USDT is pretty much like DOT/USDT:
Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Thank you for seeing idea .
Have a nice day and Good luck
Xtzusdt Breakout expected for ath 🎊Hi welcome to my new idea on xtz. Xtz is in uptrend channel and recently it recovered this trend and also it has broken the downtrend channel it formed . Now as it is moving in uptrend it has a big resistance once it clears that good entry for long is best and will see ath after that.
Waiting for breakout!!!!
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