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XTZUSDT

XTZ 12h Be careful with long and read to the endThe first thing I want to write is that XTZ is a very manipulative coin . And it seems it began to bother the manipulator. Why XTZUSDT aroused your interest, we do not know, but you voted for it in the weekly digest , so we are analyzing it) Within 3 months, the XTZUSDT price has been moving up in a clear channel , the limits of which are probably skillfully supported by trading robots. Pay attention to how the XTZUSD value without volumes fell from August to November 2020, and for sure the patience of the "inveterate investor" XTZ came to an end. Since November, he started pumping up the XTZUSDT trading pair with volumes. If we are not mistaken, the news background was and is without "exclusive and wow effects". The first profit taking took place at the end of November 2020 and this can be seen in the volumes surge near the upper limit of the channel. Further, at the end of December, in the trading algorithm, most likely, there was a failure and the bot that substituted the walls to keep the channel limits dropped out of the game. We can see the result on the chart, the price fell down from the channel: it broke the stops and l iquidated more than one small deposit of traders who like to play with margin leverage. This situation is most likely force majeure, and not a planned action, since the volumes on the flow are low. From the bottom, it was not a manipulator who was bought, but lucky ones with small deposits. Then the trading bot was repaired and it returned the XTZUSDT price to the trading channel. For one month, while increasing trading volumes, the XTZUSD price was growing. Someone bought, and someone skillfully sold an asset that was stale. And so, on 23 January, 2021, we got a price spike and maximum trading volumes. Most likely it was the end of growth. If you've read this far, then you've got a few numbers to ponder on trading) The most positive scenario is the price growth to $3.20. If by some miracle the price manages to fix above $3.20 , then by inertia it will still stretch to $3.60 , but not higher. If we are right and the manipulator ended the XTZ sale by putting the cherry on the cake on 23.01.21, then the XTZUSDT price will face a strong fall. First target from below is $2.45-2.50. _______________________________ Since 2016 , we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05% . If we help you to be calmer and richer - help us to be happier :)
by P_S_trade
22
Tezos (XTZ) - February 1Hello? Dear traders, nice to meet you. "Like" is a huge force for me. By "following" you can always get new information quickly. Thank you for always supporting me. -------------------------------------------------- ----- We need to see if we can get support at 2.8221 and move above the uptrend line (1). If it falls from the 2.7595 point, a short stop loss is required. If it falls at the 2.4821 point, a Stop Loss is required to preserve profit and loss. However, you need to trade carefully as you can touch the downtrend line (3) and go up. We have to see if we can ascend above the critical point of 3.3269. -------------------------------------------------- ------------------------------------------- ** All indicators are lagging indicators. So, it's important to be aware that the indicator moves accordingly with the movement of price and volume. Just for convenience, we are talking upside down for interpretation of the indicators. ** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator. Hence, the interpretation is the same as the conventional Stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.) ** Check support, resistance, and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All explanations are for reference only and do not guarantee profit or loss on investment. Explanation of abbreviations displayed on the chart R: A point or section of resistance that requires a response to preserve profits S-L: Stop Loss point or section S: A point or segment that can be bought for profit generation as a support point or segment (Short-term Stop Loss can be said to be a point where profits or losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.) GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day. G1: Closed price G2: Market price at the time of opening (Example) Gap (G1-G2)
by readCrypto
2
XTZUSDT (TEZOS) - IMMINENT BREAKOUT ANALYSIS 🔎 - XTZUSDT is consolidating in a symmetrical triangle pattern . - A relatively big move is imminent. - There's a breakout potential. POSSIBLE PRICE ACTIONS - Uptrend ⬆️: breakout above the symmetrical triangle's inclined resistance. - Downtrend ⬇️: breakdown below the symmetrical triangle's inclined support. TARGETS 🎯 - Uptrend ⬆️: Horizontal resistance levels (R1, R2). - Downtrend ⬇️: Horizontal support levels (S1, S2)
by Chibuike_Odoh
6
Tezos (XTZ) - January 26Hello? Dear traders, nice to meet you. "Like" is a huge force for me. By "following" you can always get new information quickly. Thank you for always supporting me. -------------------------------------------------- ----- It remains to be seen if it is supported at 2.8221 and the uptrend line (1) and can move above 3.3269 If it falls at the 2.4821 point, a Stop Loss is required to preserve profit and loss. However, it is necessary to trade carefully as it can gain support and rise at the 2.2080 point. -------------------------------------------------- ------------------------------------------- ** All indicators are lagging indicators. So, it's important to know that the indicator moves accordingly with the movement of price and volume. Just for convenience, we are talking upside down for interpretation of the indicators. ** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator. Hence, the interpretation is the same as the conventional Stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula from the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.) ** Check support, resistance, and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All explanations are for reference only and do not guarantee profit or loss on investment. Explanation of abbreviations displayed on the chart R: A point or section of resistance that requires a response to preserve profits S-L: Stop Loss point or section S: A point or segment that can be bought for profit generation as a support point or segment (Short-term Stop Loss can be said to be a point where profits or losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.) GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day. G1: Closed price G2: Market price at the time of opening (Example) Gap (G1-G2)
by readCrypto
2