Tezos on it's last leg?Mixed signals. with higher volume then couple months before. Bearish red wave continuation till mid september. Long if support trades on time above the blue line in. Short if it falls or consolidates longer.
Hard to say a target, since it consolidated for a long amount of time.
Just to point out. The longer it consolidates, the more bears losing momentum
XTZBTC trade ideas
XTZ currently at a historic support. How to play it?While XTZ has disappointed many because it hasn't broken out of this range, it's still been VERY profitable for anyone who traded it.
XTZ is currently at a solid support level. I personally entered a long position at 25k sats, a bit premature but I am ready to exit.
According to the previous XTZ price pattern, I expect at least 20% up to 47% BTC gains in the upcoming 7-15 days.
LONG CASE:
Buy @ 25k - 27k sats.
TP1 @ 31k sats.
TP2 @ 36k sats.
SL @ 1D close below 24k sats.
SHORT CASE:
Sell @ 24k-23.3k
TP1 @21k sats.
I will post more updates this week on the BINANCE:XTZBTC pair.
Feel free to challenge my TA in the comments, the best way to learn is through discussion!
XTZ/BTC It has good growth potentialHi
It has good growth potential
in the chart
Target: 3500 . under 3900
Resistance: 3900
Support: 2400
Traders, if you liked this idea or have your opinion on it, write in the comments. I will be glad
Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast
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XTZ/BTC (Repeat History? Bounce up?)XTZ/BTC
-Tezos is back at previous major support area since March trading action
-This coin has been trading inside a sideways channel with a 40% range
-If history repeats itself, we might see another bounce up a rally to 3750 sat
-Only if XTZ can hold this level again for the 5th time
-Stoploss can be placed below 2400 sat
XTZ/BTC Elliott Wave Perspective + Market Structure ViewDo not ever Forget the content on all of our analysis are subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Nothing on this video constitutes a personal recommendation. Seek independent financial advice from licensed professionals If you need it.
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Tezos Trading planHello Traders,
Tezos is inside of a huge accumulation in a retangle shape. It possibily will give us an excellent buy opportunity if it touch the base of this retangle. I will keep my eye on Tezos if it goes to the blue line again.
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Why Tezo's could explode to the upsideIf we look at the XTZ/BTC chart we can see that Tezo's is forming a MASSIVE multi time frame flag on the cross. If this midterm support level in the XTZ/BTC cross does hold. We are due for a MASSIVE upside break in Tezo's. You can see in the past where Tezo's usually consolidates before a move up. We have seen a ton of coins popping off for moves. ATOM, LINK, etc... Tezo's seems to be the next on the list.
The XTZ/USD chart also looks very good. We are at a massive support zone that has been confirmed a few times. If this level does indeed hold, it will catapult it much higher. Once the XTZ/BTC cross start's breaking to the upside, we will everything rocket higher.
Targets. If we measure the breadth of the Tezo's move it gives us a .0006 target on the cross. If USD really gets going I would imagine our earlier $5-$6 target get's hit easily. With the possibility of $10 if things really start going like atom or link.
Things could get interesting,
-sherem
XTZ/BTC It has good growth potentialHi
It will grow soon
in the chart:
It has completed 4 Elliott waves so far and is ready to complete its 5 ascending wave
Target : 3900 . 4000
Support : 2800
Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast
Traders, if you like this idea or have your opinion about it, write in the comments. We will be happy
Thank you for seeing idea . please support us
Good luck.