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XTZUSDT

#Tezos Resistance at $1.54, XTZ Prices in a Bear Flag FormationPast Performance of Tezos Tezos prices are trailing the USDT after a relief rally. At spot rates, the coin remains within a bear breakout formation, sliding six percent in the last trading week. In the immediate term, the primary support and resistance levels lie at $1.22 and $1.54, respectively. #Tezos Technical Analysis From the daily chart, sellers are in a commanding position. XTZ prices are tracking lower in a descending channel within a bear flag. With sellers unwinding gains, traders can wait to trade the breakout in either direction. Preferably, the surge in either direction can be with rising trading volumes. A close below $1.22 will nullify the bullish outlook, confirming sellers of June 13. In that case, XTZ may slide to $1.20 and even $1.10 in the medium term. Conversely, gains above $1.54 may see Tezos bulls drive prices towards May 2022 lows at $1.64. What to Expect from #XTZ? Buyers are confident, but bulls are struggling to tame the wave of recent liquidation. While recent gains may slow the sell-off, a break above $1.54 is required to restore traders’ confidence. Resistance level to watch out for: $1.54 Support level to watch out for: $1.22 Disclaimer: Opinions expressed are not investment advice. Do your research.
by Bitcoin_Analyzer
XTZUSDTHello Crypto Lovers, Mars Signals team wishes you high profits. This is a 4-hour-time frame analysis for XTZUSDT As we predicted a falling trend in our last analysis on May 29, we observe here that it came true. In the current chart, we have S1 which used to be a resistance line and also R1 used to be a support line which shows the well support of the price at several points. Now the price is fluctuating below in S2 area and on S1 line and we expect this is a pull back of the price to S1 and then we will have a rise for it to R1 line. But if the price moves below S1 and fixes there, then we will have more decline for it. Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions. Wish you luck
Long
by MarsSignals
XTZUSDT: Bearish Channeling, Bearish Bias doesn't end yet?Hello Fellow Tezos Coin Investor/Trader, Here's a Technical outlook of XTZUSDT! Support our content by smashing the like and follow button, you also can share your opinion in the comment section below. XTZUSDT is creating a bearish channeling. Furthermore, The MACD indicator created a death cross, which confirmed a potential downside momentum to the target area. All explanations are presented on the chart. The roadmap will be invalid after reaching the target/resistance area. "Disclaimer: The outlook is only for educational purposes, not a recommendation to buy or sell the cryptocurrency"
Short
by financialfreedomgoals101
XTZ is in a Rising Wedge...what will Happen?XTZ is in a Rising Wedge Pattern. This is Of course a bearish Pattern which means we Should Expect the Price to Reach Lower Levels Even From Now! The Price can Decrease and It Should be Clear To you That No Break Out Has Happened yet So It is not Safe to Take Short Position (For Now!) There is also a Regular Bullish Divergence (-RD) on MACD which Strengthen The Idea Of Tezos Being Bearish! The Expected Target and Support Point Right now Is around 1.600$ -XTZ is in a Rising Wedge Pattern -No break out yet -(-RD) on MACD -Expected Price and Support Point 1.6$ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ Thank you for seeing idea . Have a nice day and Good luck
Short
by CobraVanguard
9
XTZ has broken the long resistance - time to go upFirst thing, red resistance line has been broken coming from many months back. Price is indicated to have a good bullish +30% to +40% in the coming month, depending on BTC stability. In that case, I have marked the local resistance zone. For a quicker time frame we are actually in a resistance zone right now, and it's very much possible that it will go down towards $2.00 before finally going up. But please keep in mind, overall XTZ is bullish on long term. (4-6 months) I am linking the shorter time frame (45 min candles) chart below, so you can keep track. With the daily chart above, now you can keep track of important zones. Good luck! P.s. I walk the talk, and my trade performance can also be seen on the 45 min chart below. Scroll to the bottom to see my net profit in one year! and my success rate.
Long
by BARSTrading
XTZ - Tezos. The Next BIG thing!? XTZ Tezos, the self-amending cryptographic ledger now has been backed by the biggest stable coin USDT. This will help XTZ succeed further more. Tezos fundamentals are very strong as its already ahead of the POS competition. "Tezos is also unique because of how it has started to be used by high-profile businesses. In September 2020, it was announced that the French banking giant Societe Generale planned to use this blockchain for experimenting with a central bank digital currency." "Big cryptocurrency exchanges such as Binance and Coinbase have also unveiled support for Tezos staking, meaning users can receive rewards based on the XTZ that they hold. This is not a feature that’s seen too widely across digital assets." "Tezos aims to offer infrastructure that is more advanced — meaning it can evolve and improve over time without there ever being a danger of a hard fork. This is something that both Bitcoin and Ethereum have suffered since they were created. People who hold XTZ can vote on proposals for protocol upgrades that have been put forward by Tezos developers." If Tezos can bounce from this support and consolidate. It may be the next BIG thing long term. My future price target is - 30.00 approx.
COINBASE:XTZUSD
by Samabby
#Tezos Prints Higher, Will XTZ Edge Past $2.2?Past Performance of Tezos The dominant trend in the short term is bullish. Gleaned from the formation in the daily chart, buyers have the upper hand. Risk-off swing traders may find loading opportunities to buy the dips with targets at immediate key resistance levels. In the past 24 hours, XTZ is up four percent and stable in the previous trading week. #Tezos Technical Analysis Tezos is inching higher, trending inside a rising channel above the middle BB in a bullish breakout formation. Even though prices are within an ascending channel, traders may find entries to buy Tezos above the flexible support line and $1.80. On the other hand, risk-averse traders can wait for a clean break above $2.2 and last week's highs before riding the wave with targets at $2.5 in a possible retest. A recovery is likely following the 57 percent correction from 2022 highs. Depending on the reaction at $2.5, the move up would be a retest or a buy trend continuation pattern. Conversely, losses below $1.80 and the ascending channel would invalidate the bullish preview, setting sellers in motion. What to Expect from #XTZ? Buyers are optimistic, as per the arrangement in the daily chart. However, a close above $2.2 will be crucial in determining the immediate term price trajectory following double-digit losses from the beginning of the year. Resistance level to watch out for: $2.2 Support level to watch out for: $1.8 Disclaimer: Opinions expressed are not investment advice. Do your research.
Long
by Bitcoin_Analyzer
1
#Tezos adds 30% from 2022 lows, will XTZ Hold above $1.75?Past Performance of Tezos Tezos prices are retracing from recent highs, reading from the performance in the daily chart. Although there were hints of strength, the failure of bulls to push prices above $2.20, or last week’s highs, should be a concern. Technically, sellers have the upper hand provided prices are below $2.2, the immediate resistance line, from a top down analysis. #Tezos Technical Analysis Technically, the current XTZ coin formation favors bulls following gains above the middle BB. At spot rates, XTZ is up 30 percent from 2022 lows. Even so, sellers are in control from a top-down analysis as previously mentioned. This is because XTZ prices are still inside the May 9 to 12 trade range despite gains from May 12. Unless there is a firm close above $2.20 and May 9 highs, the current expansion could be an attempt for a retest. In that regard, aggressive traders may accumulate on pullbacks as long as prices are above $1.75. What to Expect from #XTZ? Prices are recovering after sharp losses from early April, which saw Tezos plunge by 64 percent. Although bulls are confident, the path of least resistance is southwards in the short-term. Still, there could be an opportunity for bulls in the immediate term provided prices trade above $1.75, in continuation of the recent trend in a welcomed retest of $2.57. Resistance level to watch out for: $2.20 Support level to watch out for: $1.75 Disclaimer: Opinions expressed are not investment advice. Do your research.
Short
by Bitcoin_Analyzer
1
XTZ Channel - educational breakdownThese mini channels that form are usually continuation patterns. The price will fluctuate a little bit within them, maybe touch the bottom or top 3-4 times, before making a break for the up/down side. We like to see them because they continue the trend before it entered this pattern. In our case, it's coming from a mini rally that started, and then slowly formed into a channel pattern. That means this pattern indicates a continuation of the bullish trend, and hopefully a few higher jumps in price. All that aside, we have still have to work with our resistance/support zones at all times to see how far the price can move *up or down*. The two orange lines I've drawn were previous support lines, and it seems to have formed a sort of support, it's not very concrete, but it's definitely using them as mini trendlines. If the price goes higher I think $2.25 is totally reasonable up to $2.4. If the price goes lower, which sometimes it does, then around $2.04 is the support from the orange line #1. Let's hope for the best. Our strategy at the moment is indicating a long, and it hasn't suggest a close yet. That strategy is working on momentum oscillators and some other funky stuff A quick reminder, XTZ is great when Luna is doing bad. Remember my words. I won't be posting XTZ updates for a bit, as the daily chart given below should cover most of it.
Long
by BARSTrading
📈XTZ: pullback and trap by the whales! Should you open a long?📊Tezos (XTZ) looks stronger than the most of altcoins. After the fall, it almost didn't consolidate and started to grow, which shows high demand. But a local pullback is possible. How will it happen? 📊The price is now in a triangle and a pullback is possible under the lower boundary of this triangle in order to collect liquidity (stop losses) of long traders below key level $1.76. False breakout return the price in the triangle zone and make short traders, who will open shorts on a breakdown, push the price higher and higher, closing their losing trades. 🚩It's essential to look at volumes. Exactly on the volume indicator we can see the confirmation of our idea. The growth of volumes will show that a large number of trades have been made, which means there is interest from a big player. ✅The first target will be the key level of $2.88. 💻Friends, press the "like"👍 button, write comments and share with your friends - it will be the best THANK YOU. P.S. Personally, I open an entry if the price shows it according to my strategy. Always do your analysis before making a trade.
by Yuriy_Bishko
2