XTZBTC trade ideas
XTZ 20% tradeHello, traders
XTZ is testing the short-term resistance line, and if we break that level the next target will be the next important resistance level!
Based on the distance from 100 MA we believe the price will come back to test that line as resistance in the short term.
Bullish Diverce RSR
Good luck.
Tezo's extremely oversoldOn the XTZUSD chart, we are hitting this MAJOR trendline. I imagine this will hold as support and we will move higher from here. You can also see that RSI is extremely oversold which would also indicate a move off this $2 area.
If we coincide this with the XTZBTC cross, we can see that RSI is also very oversold here and hitting this .618 fib line. this should also produce a bounce.
Tezos's has now gone down almost 50% in just a month. It's definitely oversold.
Look for bounces targetting this $3 area. Once we get there we can see if it's due for a much larger run up in the near term.
Cheers,
-Sherem
$XTZBTC Trying to get out of long term down Channel -#XTZ $BTC$XTZBTC Trying to get out of long term down Channel
Lets see how this playing up.
XTZ BTC USDTno more to explain evergthing in chart
rember!
if btc is unstable no indicators and predictions work
only work of whales
best entry to currency if btc stable
XTZ/BTC upside correction expectationIt seems the breakout to the upside is just a matter of time...
XTZ/BTC (1600 Sat Major Support?)💎Technical Analysis Summary💎
BINANCE: XTZBTC
-Tezos is trading inside a descending channel
-The pattern is Bullish if breakout to the upside
-The major support area is at 1600 range
-That zone is tested support twice and saw an upward move
-If XTZ will continue its downtrend, it will likely test this region
-I recommend buying the breakout of the channel to reduce the risk
-Midterm target is up to 2400 sat previous support area
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XTZ/BTC - ATS SWING BACKTESTScript settings for 6H timeframe:
· Signal calculation type - "high"
-TP for Long - 35%
-SL for Long - 4%
-TP for Short - 30%
-SL for Short - 6%
XTZ / BTC - way to oversoldHidden bullish divergence coupled with a 5 wave correction from previous high. Possible another 20% down from here should BTC and the whole market retract more but I would start ladder buying from this moment onwards. BTC Dom. pierced immediate resistance but more overhead horizontal resistance and descending trendline is intact so should we see a break in the stock market, where the correction should also be finishing soon (hopefully), BTC going down a bit further and then relief rally for the whole market.
XTZ breakdown 322 days distributiohello guys hope you doing well
in my last analysis of XTZ I said price look weak near important support and price broke down this 332 days of distribution
in my opinion almost all ALT/ BTC pairs looks bearish
I think ALT season is over be careful with altcoins
in long term it is possible to XTZ/ BTC pair reach fib 1.618 and fib 2 target of the range channel
so be careful with your investments
Potential Ending to A Half Year Long CorrectionInspired by the idea
I can see how this ranging could be a variation of the double three complex correction fbs.com with an ending of expanding triangle ewminteractive.com
Resumption of XTZ ;-) Resumption of XTZ
With Bitcoin currency pairs.
Indicators indicate good growth of up to about 20%.
XTZ/BTC Bullish Divergence on 12hLong to the nearest resistance which is also around 200 EMA for 12h (100 EMA on daily)
Right now the price is right on the cusp of break out point of this descending channel. Conservative trader can enter after confirming the break out, aggressive ones get in now.
xtz Bullish if btc plays along xtz would make a 50% move to the upsides lets see how the upcoming weeks turn out
