XTZ/USDT : Pulled back from Critical support zoneBINANCE:XTZUSDT
Hello everyone 😃
XTZ had a pullback from Current and Also EMAs had a Bullish crossover, On First view It's very good !
But Volatility Indicator had Bearish crossover and we expect a retest on EMAs or 1.955$ support line.
Below 1.955$ support line, Will cause another fall till support line at 0.178$.
🔴 XTZ seems Bullish but watch for incoming correction on whole market, Whole market have a divergence now.
📍 AS XTZ is above 1.955$ support line, It's Safe to take long on it, Don't forget to set STOPLOSS !!
XTZUSDT
XTZUSDT - Potential buy entry 🔼XTZUSDT is printing an ascending channel on the Daily timeframe.
Price is testing the ascending channel support.
RSI is printing a bullish divergence signal.
Price is printing a falling wedge pattern.
Buy entry ⬆️ - breakout above the falling wedge resistance.
Target 🎯 - resistance levels.
Setup invalidation ❌ - breakdown below the ascending channel support.
✳️Tezos/USDT Analysis (14/12) #XTZ $XTZXTZ is moving in the Megaphone pattern and the 2.1$ zone is very reliable to give us a good profit.
XTZ is on the way to conquer the 2.5$ zone, which is a very important resistance zone and a decisive factor for the next trend of XTZ. If XTZ conquers this area successfully, it will surely increase strongly to 3$ - 3.5$ and even 4.2$ in the end of this December.
However, if XTZ loses this 2.1$ zone it will quickly fall back to 1.5$, which is a very strong support zone that we should buy.
📈BUY
-Buy: 2.05-2.15$.SL if B
📉SELL
-Sell: 2.5-2.6$ if B.SL if A
-Sell: 2.9-3$ if B.SL if A
-Sell: 3.45-3.55$ if B.SL if A
-Sell: 4.1-4.3$ if B.SL if A
♻️BACK-UP
-Sell: 2.05-2.15$ if B.SL if A
-Buy: 1.5-1.6$.SL if B
❓Details
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
Tezos (XTZ) - December 30Hello?
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You'll have to watch for a move above the critical point, 2.2080.
It remains to be seen if it can move up along the uptrend line (2) around January 4-14, gaining support at 1.9735 and moving sideways.
If it falls from the 1.6066 point, a Stop Loss is needed to preserve profit and loss.
With support at the 2.2080 point, an attempt is expected to break above the uptrend line (1).
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** 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)
** 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)
XTZ at Support, Good Buying opportunity Tezos has tested the major support zone. XTZ has a very good community, and the team is continually working on the developments. After the breakout, XTZ will go like Waves. XTZ is a good coin for long term investment also.
Buy Zone: $1.85- $1.95 (add more in dips)
Target: $2.25- $2.45- $2.7- $2.95- $3.5- $3.8- $4.25
Tezos (XTZ) - December 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.
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It rose while touching the 1.6066 point.
We need to see if it can rise along the uptrend line (2).
It remains to be seen if it can move above the 2.2080 point as it breaks off the short-term downtrend line.
Once supported at the 2.2080 point, further price increases are expected to lead to an attempt to break above the uptrend line (1).
If you get support from the 1.3336-1.6066 section, I think it's a good entry section.
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** 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 traditional Stochastic RSI indicator. (K, D line -> R, S line)
** CCI-RC indicator is an indicator created by changing the set value from the existing CCI indicator. Therefore, the interpretation is the same as the existing CCI indicator.
** 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 and losses can be preserved or additionally entered through installment trading. You should trade from a short-term investment perspective.)
XTZ double bottoming on BTC pairAs you can see on the chart, its double bottoming soon. IMO, when its done this is gonna FLY HIGH.
On the USDT pair, its forming that nice 2nd parabolic bowl that we can see on many coins that already pop, especially King BTC.
Bought a bag at 2.30$ and got a buy order for a possible dip at 2.21$.
Tezos (XTZ) - December 19Good morning?
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 have to see if we can get support at 2.2080 and climb above 2.4821.
If supported at 2.4821, it is a possible entry point to break above the uptrend line (1).
If it falls from the 2.2080 point, it is a short-term stop loss.
We must see if we can break above the uptrend line (1) and touch the 3.3269 point.
The key is whether it can break above the 2.8221 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 to interpret the indicators.
** 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 and losses can be preserved or additionally entered through installment trading. You should trade from a short-term investment perspective.)
XTZ 12h An aggressive buyer appears on the chart, we are waitingIt looks like XTZ has finally started buying back.
In the previous ideas, we wrote that the uncorrected fall of XTZUSDT is scary. However, the buy back began from the zone which we had marked on the chart a long time ago.
Since then, the price has never lowered to $1.78.
Looking at the chart, you can see that for the last month someone aggressively buys out XTZ as soon as it approaches $2.
It is likely that in the coming days, the buy back level will be raised to $2.20.
Growth up to $3.20 is our priority.
The priority and the situation on the chart will change if the price can fix below $2.
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XTZ/USD (round 2) :)XTZ/USD round 2
XTZ has had a massive sold off after our date of 10th August 2020.
Now is at an interesting level for holders to reaccumulate, anyhow, if you are already in , you will see 2 interesting targets in red (TP1, TP2) to redistribute/sell.
With a DAILY close above the black resistance at around 4.492 would activate the much more ambitious targets.
An eventual fall and close below 2.32 would activate the 2 buys in green.
Good Luck :)
LSMTS
XTZ - Time to close positions - Trend ReversalHi,
There is now 3 targets to close short poistions.
1 is safe and right now.
2 has good luck to happen when we look at the volume divergence right now on this mini ascending channel.
3 is the main support, the best point to close. (the second point of a double bottom in weekly chart).
Then we switch to long position, with a safety stop loss, because the weekly chart is an ascending channel, and 9 time over 10, ascending channel will finish in a breakout from downside. But I think we are on the 3rd movement, we will see that at the 5th one.
Have a pleasant day,