XTZ.USD (Y21.P2.E2).Now is this the beginning of a PHi Traders,
The story continues and hence an continuation post.
It has the makings of a parabolic cycle and hence I will be tracking to see if this is the case and go lone until it says no.
My plan would to take profit out and let the rest run.
Here is a previous fractal to use as a reference and you decide.
All the best,
S.SAri
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Parabolic foundations
XTZUSDT
HOLD XTZ .... Tezos in 2 digits soon (+150%)as we can see right now Xtz was accumulating since 2019 and tried 3 times to broke this resistance and it didn't pass through,however from 3 days it managed to break it!
we can be sure that's not a fake breakout as we can see a full bullish daily candle closed above the resistance line and it tested it one time as a support and it worked.
now we have as a strong support we can depends on.
my advice to not lose this opportunity and for holders buy more safely.
✅ Buy: 5.90 - 6.50 ✅
🎯TARGETS:
1- $9.400
2- $12.90 (take profit for 70% -80%)
3- $16.00
💵 Trade Size: 5-7% of Portfolio
🚫Invalidation(SL): daily candle close below $4
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XTZ/USDT TA Update after broke our All time Resistance#XTZ/USDT TA Update:-
$XTZ currently trading at $6.16
And $XTZ supper bullish because broke out all time resistance level.
Now no resistance upward.
Entry:- $5-$6.10 ( partially)
Targets:- $8/$10/$13
Support:- $5
Resistance:- No resistance
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XTZ.USDT (Y21.P2.E1).Macro fractalHi Traders,
I recall this fractal on BTC around the 10k mark and this price action has a lot of similarities.
2 scenarios:
a) as per fractal and b) next chart below
I am leaning towards OPTION A) because of the indicators showing downward pressure and the support level makes sense.
Cheers,
S.SAri
OPTION A) as per the main post and this fractal
OPTION B)
XTZ - 6h. you need to wait for consolidation above the $4-4,5Slowly but surely, buyers have regained the initiative in the XTZ market. Having started a new wave of growth after a strong price correction on February 22-23, buyers managed to gain a foothold above the important range of $4-4.5 . This range was strongly defended by sellers in 2020:
However, only last month, with large volumes, b uyers managed to break through this range and catch the sellers' stop orders. Control over the price zone of $4-4.5 in February remained with sellers. After repeating a similar attack in March, but at low volumes , buyers managed to close the monthly candle above this range. Thus, we think that the majority of sellers have left the market and there is no way for the XTZ price to continue rising.
The final confirmation of this may be the price re-correction to the $ 4.5 mark. The first local target is $6.3.
Below $4, buyers will lose initiative and retreat to the range of $3-3.1. However, given the prospects for BTCUSDT to renew its all-time high and test the range of $65,000-75,000 , this negative scenario remains an alternative.
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XTZ still following the planAs the market is seeing a red day, Tezos follows. Volume is still high though.
- Touching $5.36 resistance turned support
- 50 MA served as support 3 times
- MA's going further apart
- RSI still setting higher lows
Possible resistance @ $6.6, but I expect we can see a clear rally towards $7.30
Do you have a position in XTZ?
XTZ/USD - Can we push above resistance? 😅XTZ has performed very well lately and now we have attempted to push above this major resistance line that has pushed price back every time to date.
It would be very impressive for us to push higher here and make this resistance support, that would be extremely bullish. This is possible, considering how bullish the alt market has become. However, I will not call it until we make this line support.
So far the resistance has done its job and pushed us back on lower timeframes.
Nevertheless the momentum on daily remains very bullish and we can have another attempt. Volume is also looking healthy, therefore, keep you eyes on XTZ as we may have a major breakout if we pass this key level. Bias remains bullish.
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XTZUSDTHello to you all. Mars Signals team wishes you high profits at all times.
The price is inside an ascending triangle and is starting to move towards the channel ceiling. We think this time it will win and break the triangle and move towards higher goals. If it breaks and stabilizes, you can enter the trade for higher goals.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
XTZ looks like's going to sykrocket#XTZ / BTC ( Binance )
Buy Range : 0.0000883
Stop Loss : Weekly close candle below 0.0000658
Target 1 : 0.0001220
Target 2 : 0.0001580
- Really good weekly structure for Tezos against Bitcoin in a weekly scale
- Price is breaking my yellow MA in a first sign of uptrend.
- Indicators structure looks pretty solid and bullish in higher timeframes.
- Expecting very good price and bullish action in the next weeks
More trades in my premium channel
XTZ/USD - Slow down XTZ, you're making me bullish! 🤣XTZ has done the impossible... it pumped! WOOT? How is that possible...
Chart is pretty clear, we found good support so now we seem due to test the $6 level... can we pump beyond? Hard call since the last three times we reached this resistance line we were rejected quite severely...
So big moment for XTZ, now is the time to show us what is made of and catch back on some of the ground lost since this coin did nothing for more than half a year before early 2021.
Indicators looks bullish, volume rising... looking sexy. I'd not enter here as we're just under resistance now. Better to buy support if we get it...
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XTZ / USD - Tezos Ready to go Parabolic?Is Tezos about ready to make a parabolic move? This is its all-time weekly logarithmic chart, and as you can see it has formed a parallel channel that it has tried to break up and out of several times now. It has also bottomed out on BTC pairing (twice), and is one of the few not to gain back against BTC since other alts have begun.
Will we attempt and succeed on test number 4, or will the BTC pair continue downward and show us a re-test of the bottom of our logarithmic USD channel?
Tezos was lauded for its staking gains last year and is just getting started. Let's see!
Here is the BTC pair, showing a potential double bottom, confirmation above the middle of the W, triple bottom also possible if we get around the center of the W and turn back down again: