lol $xtz looks insane rn This could be the big fake out, stop loss hunt before the pump! Happened once before
XTZBTC trade ideas
XTZ Great long opporturnityXTX has reached the bottom of the channel and ready to go up to the big resistance line. The raise will be approximately 30%.
XTZBTC Long Term Trend Line| Structural Support| Stoch Cross Evening Trader’s,
Today’s Technical Analysis – XTZBTC- bouncing off from its trend line, an area of significance for the overall market structure
Points to consider,
- Macro trend line holding
- Structural support confluence
- Resistance test sell off
- RSI below 50
- Stochastics buy cross
- Volume below average
XTZBTC is respecting its macro trend line with an initial bounce that needs follow through. This area must hold as it is in confluence with structural support, a break will negate market structure.
The resistance test lead to an impulsive sell off, a correction to local resistance is highly probable
The RSI is below 50, not officially oversold whilst the stochastics has a buy cross at lower levels, indication of momentum shifting.
Volume has been below average for a while; a bull influx at a key technical level will show strength in price action. This is important as failure can run the risk of negating the whole market structure.
Overall, in my opinion, XTZBTC has a high probability of testing local resistance. A break above will confirm the respect of the longer term trend.
What are your thoughts?
Please leave a like and comment,
And remember,
“Trading mastery is a state of complete acceptance of probability, not a state of fight it.”
― Yvan Byeajee
Bounce at daily trendline - is 5000k in reach?XTZ had some good healty cooldowns after each run. Now bouncing at trendline at previous higher lows. Keeping the bullish momentum up. I sold from breaking trendline at minor 4 hour and buying back now. Can go for wave 5 for 5000-5500 sats, before cooldown again. Stoploss if breaking trendline at daily.
Peace
$xtz retest. Not much to say but WOW looking sexy AFthis may take a week to play out but damn thats one sexy looking retest of the breakout
XTZ/BTC : Bull Run ahead?RSI shows a clear sign of exaggerated bullish divergence, with a falling wedge forming since April. Breakout from this wedge will take us above 3$! I'm All in on XTZ
Tezos Bullish Engulfing candlestick pattern.Hello Traders,
XTZ is showing us a bullish engulfing candlestick pattern after reversal at 0,5 fibonnacci level, but we still bellow the short term resistance line,
For now we must wait to see if we broke the short term resistance line, but we see this asset on a bullish momentum.
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Best regards Sandro and Gustavo.
#Tezos / BTC Tezos made a fantastic spike
We still expect that the rise has not ended and will continue to rise to respectable prices, as shown in the drawing
A good buy is on the trend line
If the trend line is broken, this idea will be canceled
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Take Care
XTZ31.47k sat low as LoD w developing throwback meme that might send price over may open for daily/ weekly close.
#XTZ - Better To Reduce The Size..Here we can see a small upward movement to 3300 resistance and then continuation of the decline in form of 4-5 wave.
Upward movements can be caused by the convergence, but then - dump.
Halving soon, money won’t stay in alts. If you have lots of alts - reduce sizes. sizes.
monthly closed below support,A move above resistance will make for a fantastic MAY or bitcoin dose its thing and skyrockets
XTZBTC Tezos potential Cup and Handle In the making *LongThis is a premature idea, but food for thought.
We see Tezos has made a nice broad cup formation and has retraced after making a double top which coincided with BTC's recent pump.
Ideally support will form around this current area before this pullback goes to deep, which would invalidate this idea. But as of right now, stoch RSI levels look close to resetting on the daily time frame and BTC appears to have cooled off momentarily. Would like to see a volume surge as well.
The hope is that an alt rally will soon be sparked, as the market price action has been muted by BTC's rapid rise.
Safe bet would be to layer in small buy orders in the 2800-3200 area. Or wait for a strong daily close above the neckline of the cup.
This has the potential to be an insane profit opportunity.
As always, this is not financial advice. Trade carefully.
Where to buy XTZ?Hello Traders,
XTZ was on a bullish trend before the bitcoin pump moviment, and now is showing us double top formation, so where to buy this asset?
Based on Fibonacci Retracement toll we a have a possible buying points, now we are testing the first Fibo level, and only 10% of times the price retrace to this level and start a uptrend moviment, the best place to buy is on 0.5 fibonacci retracement level.
But we have a possibillity to test the important support level one more time.
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XTZ - BTC -- Profitable Pair to tradeIn my opinion a portfolio with both of them longed will profit in the long run.
So its always a win-win when trading this pair. This is how I think XTZ behaves while its XTZUSD pair goes to make all time high soon.
