Tezos: Whale Activity (Price Action, RSI & MACD)Notice on this chart we have a descending channel. At the end of the descending channel, 18-June, we see really high buy volume. After the down-move within the channel we see the development of an ending diagonal, which is a reversal pattern. All works out pretty well.
There is a strong decline and
XTZBTC 6HAnalyze XTZ/BTC
The long sequence of red candles in a row shows the bearish channel, but looking in perspective it is clear that XTZ/BTC is in an accumulative formation, indicating a trend reversal.
The MACD histogram is below the zero line, indicating the reduction in bearish momentum, its conver
TEZOS ATTENTION! 22123Tezos has not only bottomed out against the dollar. It is holding this level as support against Bitcoin. Moving average is a stones throw away. I expect Tezos to make a monstrous move at some point as it reverts to the mean. Conservative players just set a fib from top to bottom and take profits at
Tezos Bottomed Out: Early SignalIt is likely that Tezos (XTZBTC) already hit bottom... Let's consider this weekly chart.
We have a major downtrend that started in the year 2020.
In 2021 there is a relief rally and followed by the resumption of the bearish trend.
It is easy to see lower lows with decreasing volume until present d
✳️ Tezos Candlestick Pattern Confirms Bottom (500% Or More)Join me, let's start with candlestick reading.
Tezos (XTZBTC) Weekly Chart
We have two candles to look at in this chart.
1) Following a strong drop, high bear volume, we get a Hammer (26-June). It produces a lower low compared to early June but the volume is lower and the candlestick closes gree
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.