XTZBTC trade ideas
XTZBTC Are we Ready for the next up move? Hello everyone:
Looking at XTZBTC for the mid term approach.
Overall we see price has been consolidating here for quite some times now.
The larger this continuation correction develops into, the higher probability chance that this move can happen.
Now we see price is at the top of this structure now.
IF we get some sort of correction here, or a confirmed breakout followed by a lower time frame correction, then the buy move is very likely to happen.
Be patient and wait for the market to develop its price action.
Thank you
XTZ.BTC (Y20.P3.E3).TA on the Macro StructureHi All,
~~ This is a continuation of the previous post, link below ~~
Today, after a bullish div move, we have Tezos on its way up (BTC pairing).
Observation:
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> Macro structure as you see is in the complex correction wave with a descending top declining flat bottom 3 to 4 wave.
> Within this section we observe 2 resistance levels a) resistance trend slope and b) yellow bar, key fib resistance level (0.382)
> I have marked the descending top declining structure with E having a strong bounce
> We have on the Daily bullish MACD, WT and Phoeix indicators
> We have most of the daily EMA as beneath the price action
My thoughts:
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Buy in now > to much going for it
When to enter, look at the smaller time frames.
Buy on the bounce areas but also risk missing the retest of the resistance level.
Fib level structure
Indicators confirm > cross over
EMA > 21, 34, 50 and 100 all now under the price
Please give me a like or tick for this helpful post
Cheers,
S.Sari
MY PREVIOUS POST > I should have guessed in will be another triangle structure
XTZ/BTC - TEZOS - is in a VERY BULLISH TRIANGLE!XTZ/BTC - TEZOS - is in a VERY BULLISH TRIANGLE!
Enter in the green area. If price action falls to the bottom of the triangle, that would be agreat entry.
BTC needs to behave! Keep an eye on Bitcoin and Bitcoin Dominance!
Trade safe my friends....
BINANCE:XTZBTC
XTZ/BTC (Strong Key Support)XTZ/BTC
-Tezos confirms the previous key support at still valid today
-The price manages to recover from its drop recently
-It is now approaching the trendline resistance
-This is very crucial if XTZ can break outside this triangle pattern
-If you are looking to buy a position, I recommend waiting for the breakout
-Because this will give a strong bias that the trend is ready to reverse
-Since there is no logical resistance, Fib reverse extension is used
-Target is up to .618 reverse Fib which is located at around 5100 sat range
XTZBTC ANALYZE XTZ MAKE 3 ELLIOT waves completely but failed in last waves inside circle when wave 3 touch and break wave 1 Chanel price .
so now if any one want to trading always purchase from lower red line and make stop lost 10% under lower red line .
about me i didn't trading in non clear road also XTZ terminate last Elliott WAVE INSIDE circle . so maybe break down or continue inside Chanel .
GOOD luck for all
XTZ - TEZOS - THE LITTLE CHAINLINK SISTERAfter seeing xt and link moving together in waves for months, with the impression of xt to be the little link sister, now we have the confirmation that it was xtz following link.
Also, with link touching ATHs we see that tezos is struggling. I do not like this pattern in the chart of Tezos at all, even if the price is on a multi months support. I will wait above 0.0003 to enter again long as I want to see some strenght.
XTZ/BTC 2h (Binance) Ascending channel on supportTA: Tezos is looking for higher retracement on Low Time Frame, this scalp is to trade the trend
Current Price= 0.0002757
Buy Entry= 0.0002760 - 0.0002690
Take Profit= 0.0002897 | 0.0002997 | 0.0003147
Stop Loss= 0.0002553
Risk/Reward= 1:1 | 1:1.58 | 1:2.45
Expected Profit= +6.31% | +9.98% | +15.49%
Possible Loss= -6.31%
Fib. Retracement= 0.5 | 0.382 | 0.236
Margin Leverage= 1x | 3x | 5x
Estimated Gain-time= 240h
XTZ - waiting for a break and re-test 10% targetXTZBTC
Still following XTZ after the last trade, I'm waiting for some volume to come in and push through these resistances.
I'm looking at entering on the re-test of support/trend after confimation.
My TP is conservative and short from the resistance trend. I'm taking what I can get at the moment and 10-13% fairs quite well.
My TP is also at a possible supply box. and if you agree with the fibs this is also the 61.8%.
BTC is GOD, and while the dominance appears to be falling, which is good for alts... it's also at a support level... and could increase at any moment.
Cheers and play safe...