XTZ/BTC - Possible point of raiseHelo!
At XTZ we see consolidation above the 5 month middle support level.
Bounce off a downside line in local uptrend.
13 percent from ATS long signal.
XTZBTC trade ideas
XTZBTC Range Support| Bullish PA| .618 Fibonacci|S/R Flip RetestEvening Traders,
Today’s analysis – XTZBTC – reclaiming its range, a retest of support will allow for a long entry with defined risk.
Points to consider,
- Immediate trend bullish (consecutive higher lows)
- Range support confluence (.618 Fibonacci)
- Range resistance target
- Oscillator neutral
- Volume below average
- Long retest (risk defined)
XTZBTC’s immediate trend is bullish with consecutive higher highs and higher lows. This gives us a bias that any impulse sells and oversold conditions are for buying.
The range support is a key level that has been reclaimed; price is likely to retest this level as it is in confluence with the .618 Fibonacci. Range resistance will be the immediate target, breaking this level will be very bullish, continuing the trend.
Oscillators are both neutral, remaining above their respective 50 level; this indicates bullish momentum in the market.
The immediate volume is below average, this must increase for continued follow through, price action needs to be back with conviction.
Overall, in my opinion, XTZBTC is probable to retest local support which will allow for a long entry with defined risk.
Price action breaking below range support will negate the trade.
What are your thoughts?
Thank you for following my work!
And remember,
“Ultimately, consistent profitability comes down to choosing between the discomforts you feel when you follow your plan and the urge to let yourself be captures ( and ruled) by your emotions.” ― Yvan Byeajee
XTZBTC UPDATE: 27% already booked and now loading towards T3XTZBTC has reached our two targets and we have booked around 30% profit within a couple of days.
Our entry was around the green support box and now XTZBTC is @3360 sat.
If you have followed and earned up to now let me know in the comments down below.
Above the target 3 we are going to the moon for XTZBTC and it is extremely promising concept.
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Break great resistance wall in XTZIn my mind I'm expected that with the new support line a dramatic rise until to touch the Great Wall and if the resistance break , it will start a new growing process like #Chainlink (LINK) ....
SYMMETRICAL TRIANGLE PATTERN XTZ/BTCTrading idea: Price is right now trading inside what occurs to be a symmetrical triangle with a probability to test the support trendline, or bottom of the symmetrical triangle. According to my VPVR, the POC line is lower than the current price, that's where I have put my alert for LESS THAN to get out - IF I don't see any type of price action around that area.
hopeful tezos continuation as you can see this is a pivotal zone, looking at june 3rd we tested this area as a resistance which is now a support (hopefully we keep it) or it could get bad in the short term.
XTZ/BTC is looking nice. I look like we are getting a bounce off the golden pocket and the MACD is shifting momentum. this is showing the next move to the upside. good luck and stay safe this is a risky one.
XTZ/BTCYou are having the kind retest given by XTZ on the BTC pair. Once its break the downtrend line and have a daily close above 3800, I believe it will have a LINK-like run.
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XTZ TEZOS - At night bounce of the ressitance - Enjoy the Ride!Still a lot of place to grow. Should follow crypto like ADA, LINK or KAVA.
Uptrend still valid. I belive it will go up and finally break 36000 satoshi.
Lets ride this together people. :) So many opportunities wasted already.
This is just an idea.
XTZ/BTC - Possible parabolic run similiar to chainlinkLike the caption states, its going to go parabolic, the price can go anywhere from 5-8 dollars short term, to $50-$200 dollars long term.
XTZBTC Trend lines My first post so take with a grain of salt.
I charted some trend lines and noticed the “W” pattern being repeated, except this time it is being compressed into a short timeframe. After the previous W there was sharp 40% downturn, then bounce to new ath.
It appears we are at the start of this downturn at the moment, but with less amplitude. So my guess would be 20-30% downturn then bounce to new ath within a month.
Tezos W Pattern detected - High Chance of Resistance OutbreakTezos W Pattern detected - High Chance of Resistance Outbreak
xtz bouncing on weekly launch padWhile it seems like xtz is bullish since long time, it actually just recently left the red downtrend channel and retested it twice.
The last two weekly bodies have a large range and showing a strong reaction.
Bullish breakout on Tezos - Look for Continuation to the UpsideTezos had a bullish breakout from its falling wedge pattern within a larger pennant. I'm looking for growth to the upper boundary of the pennant which is about a 27% gain from here.
Possible Triple Top.If it breaks below the purple wedge I'd call it confirmed. And expect it to reach the red channel's range. If it breaks above the purple wedge, it's a no go.
Just a guess like the rest. Not Advice.
Uptrend channel on XTZ.Hello, traders.
TEZOS/BTC is inside a bullish uptrend channel on the 4-hours chart, so we believe that the price has room to go test the top of the channel, and later the important resistance level.
What Is an Ascending Channel?
An ascending channel is the price action contained between upward sloping parallel lines. Higher highs and higher lows characterize this price pattern. Technical analysts construct an ascending channel by drawing a lower trend line that connects the swing lows, and an upper channel line that joins the swing highs.
Ascending channels show a clearly defined uptrend. Traders can swing trade between the pattern’s support and resistance levels or trade in the direction of a breakout or breakdown.
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$XTZ, Crossing over ~29k sats w/ potential 12H R/S flip$XTZ
Crossing over ~29k sats w/ potential 12H R/S flip
UCTS buy signals on the 1/2D and LTFs & starting to cross over Ichi
Volume is rising (Bitfinex chart doesnt reflect whats happening on other exchanges)
If continuation happens, then aiming for ~32/35k sats as targets
#XTZ
