XTZBTC is it breaking out?It bottomed for the moment forming a bullish divergence. Don't know if it has the power to break out. There is plenty of resistance above.
XTZBTC trade ideas
Possible long XTX opportunity maturingclosing above .0000775 could indicate a continuation of an upward move.
The trend in the backdrop is that when BTC does not keep making ATHs, notable alts continue to gain.
.000075 to open long with .000065 as stop loss and .000093 take-profit seems a first good move, expect further movements in the fib levels.
Bold green indicates descending support line
Dashed green indicates a possible ascending support line that needs further validation
XTZBTC - Long - Potential 11.91%XTZBTC - Long - Potential 11.91%
Entry- 735
TP1- 766
TP2- 823
SL- 675
- BTC looking very volatile
- RR - 1.46
- Trailing Buy - 0.5%
- Trailing Profit - 1%
- Trailing Stop-Loss - No
XTZTook XTZ / BTC into log scale & added more time and we can see what the future holds.
1 thing is for certain BTC will most likely continue to climb into 2021 and any dips & pull back will not be a bear market.
So we can assume that we r in a full blown bull market now since May 2020 IMO.
The question is where does BTC top. Most analysis I respect point to a top around $190k.
So If history repeats itself we should see XTZ (And all Altcoins) follow a similar path, that path is 18 months from bottom of the range until top of the range.
I have outlined the top of the range with different price targets I strongly believe we will have 6 months over 2021 where BTC will continue to push higher until finally peak is reach sometime this year, If that peak is reach B4 summer than we have our alt coin targets if that peak is reach by end of 2021 then our alt coin targets will be much higher ;).
So the idea is that soon BTC .D will push higher and keep alts under pressure, maybe even 81% BTC .D this will bring the peak in BTC price.
Then Dominance will have small & large corrections in the bull market. This will allow alts to play catch up.
So any and all dips for the next year are strictly for buying and no selling your alt coins until sub 40% BTC .D is not allowed by anyone following my analysis or the gods of crypto will fomo you back in at higher prices all year.
$XTZ Buy! People Accumulating This weekly chart shows that Tezos is a good buy and people have been accumulating at these levels
Here are the reasons why I like what I see here
16th November MFI hits a bottom target
Since the 7th Decmber 2020 RSI oversold
14th September Stochastic RSI flatlined in oversold
Be Patiant Get rewarded
Tezos XTZBTC Price at Demand zone | Bullish DivergencePrice made really good bounce from this zone after touching the demand zone
if able to make good bounce from the demand zone than we will buy the retest nearby the demand zone
Also big Bullish divergence forming on 4 hour chart which is also bullish
XTZBTC - Monthly Bullish Scenario (1M Timeframe)Expecting XTZ to hold this level against BTC, will depend on monthly close.
Printer goes BrrrrWelcome
The probability of btc going into alts is greater at this time.
Please check other pairings, and good luck
NOT FINANCIAL ADVICE
checking XTZ/BTC FROM elliot and ichimuko aspectsAs other coins in btc markets, it's can be end of it's bearish side, maybe it's time to bull wake up after a long run.
XTZ big move coming! XTZ price has been steadily moving while btc xtz pair has been moving down. Due to sudden spike in BTC, holders are moving out of xtz into btc. This has landed xtz in the oversold zone by a good margin. When BTC begins to move back to xtz price will spike. MACD will make cross above center line within about week I believe signaling trend reversal. But the bottom would most likely be now.
what are your thoughts?
peace
XTZ BTC pair about to run. 2.50 -> 3.00 -> 3.50 usdlooking at the weekly xtz btc pair, price has touched the bottom twice and is leveling out. Moving average is leveling out, RSI is just touching the floor of being over-sold and volume has created higher low on the oscillator.
Signs point to a strong move upward within a week to a week and a half. This chart also validates an evaluation I did recently on XTZ USD pair I'll share below.
Again, be aware that if BTC has a strong correction that XTZ and others will most likely follow. I expect that XTZ would move up very sharply after this correction if not before.
There is money to be made, and greed is a relentless task master. So I think price will go up.
Friends do not trade with your gas money, buy gas with your gas money and trade with your cigarette money..
Peace
XTZBTC IdeaThink we bounce here. Looking to take profit in the tan box sometime within the next 2 months. GL
XTZBTC no bottom yetDead as a door nail. RSI hardly oversold and below 50, price can dump significantly.
Projection off of Vol Candle x100 Tezos potential ETH DominanceLook at the massive accumulation candle from the March 2020 Dip! That's a lot of buying power.
I'm generally bullish on any coin I believe has interesting and groundbreaking technology. Sometimes I am right and sometimes I am wrong. I know the space is crowded, but so is The Nasdaq.
I really like the Tezos set up for a massive bull run potential.
This is not trading advice.
XTZ/BTCAs you can see on the chart, clear breakout of descending line with confirmed bullish divergence on daily timeframe, which usually shows asset bottoms. Fibonacci levels indicate potential targets
XTZ has been beaten so hard since Aug. With the recent drop of BTC.D as well as ETH going wildly. It will be soon its day
Note: If you like the content and the setup, please give me a follow not to miss out on many altcoins charts to come.
XTZ/BTC in the buy zoneXTZ is currenlty in the buy zone. Even though it could dip lower and hit the block in the 940 region, it still presents a great buy opportunity.
Once BTC settles, it will probably fly.
The best play here is to patiently wait for XTZ/BTC to enter on a break of 1260 and target the mid range at ~2400.
