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XTZBTC trade ideas

Short Term Play 1 - XTZBTC Dear traders, Intro: My name is Hugo, I am 24 years old and trading crypto currencies since late 2017. English is not my main language, however, I will try to explain everything brief and clear. Be aware that I am still in the learning curve. Every idea I post is not financial advice and is only meant for entertainment purposes only. Welcome to my new Short Term Play series. XTZ/BTC clearly shows a path of accumulation (people buying the coin) and distribution (people selling the coin/distributing profits to other coins). Every accumulation period has a fake-out before acceleration to the upside as depicted on the chart with white circles. Target is in the chart. Goodluck, Doctor Hugo
Long
by Doctorhugo3
2
XTZ Continuing To Explode!!As i talked about on August 17th i was saying how XTZ is looking like its about to breakout against BTC and we nailed that perfectly! That TA was put out when Price action was still in the descending channel! And we are looking super bullish still with XTZ outperforming majority of the market right now, we wicked upto about the 1 FIB level which is our most recent high from around May, we are actually currently pushing above the 0.7 FIB and if we can hold above here for daily close we are looking golden! Check out the EMA ribbons, this is a huge deal, as you notice we had the red ribbons on top for quite some time pushing down on us and dragging us downwards, we have recently flipped that with the green ribbons on top showing the bullish momentum is growing drastically! This indicator isnt a fast mover and it takes a bit of time for the ribbons to fully flip and once we do if we continue like this we will want to see big spread and separation in the ribbons which shows massive amounts of bullish momentum and will bring us a great ways away from getting that bearish flip. Bollinger bands too look super bullish, we are on our first candle that is starting to grab onto the top band and you guys know what most of the time that means! Likely a huge climb up to come and i honestly think if we do see this big run up we are gonna slice through that 1 FIB level, due to bullish momentum getting bigger and stronger everyday! Now the MACD we just had a bullish cross and even though it isn't confirmed yet i would say there is a very good chance that we see a very bullish and healthy MACD cycle coming up here soon! But keep in mind that we need to see that blue MA start to take off from the orange one separating away and pointing upwards, and the further the MA's spread the lesser chance we have of a near term bearish cross! Aswell the histogram, we need to see increasing green bars each day with rising bullish momentum which personally i would say is very likely! Not financial advice just my opinion!
Long
by JacobR905
XTZBTC - TICKER REQUESTXTZBTC looks good but we need to break this major resistance zone! If volume can kick in and we break this resistance we can expect a big move! If we look at history how price reacted once this zone is broken.. We can expect the same to happen. Thanks for taking your time to check out my idea 😎😎! Often, my ideas are fast gone from the front page because there are so many ideas on the platform and the algo picks the one with more likes 🤖🤖. I think once I have around 20 likes/idea my idea will be shown in front 🥳🥳. It would be awesome if you could like my idea, (only if you really like it of course) 🤪! I believe that the more we can interact with each other, and share thought about an idea, the more we can learn! 👩‍🏫🧑🏾‍🏫👨🏻‍🏫 Furthermore, I made a challenge for myself, I will add 1 idea for every new follower🦹‍♀️ So if I have 1 follower each day, I will add 1 idea. If I have 10 followers, I will add 10 🏌️‍♂️ It’s fun for me and you! More followers = more ideas = powerful community! 💪💪💪 Besides, all the ideas are … FREE 🥳🥳🥳 ⚠️⚠️ If you want to know how my previous ideas played out, > push the play button on my previous ideas and check it out 🕵️🕵️ Is there a ticker you want me to look into? Let me know in the comments below ⬇️⬇️⬇️
by CryptoColugo
3
XTZ About to Breakout!!?XTZ has been travelling along the descending channel since mid June, we are getting a strong push upwards at the moment looking like we are about to breakout against BTC. Keep in mind this TA only stays valid if BTC doesn't swing the market, if BTC dumps we should expect the same for the market. Now first looking at our current breakout spot we are looking very strong pushing slightly above the top of the channel, we are also looking at the nearby pivot point just above us, a break above here and a close on the daily would be very bullish, we would likely get an overall trend reversal. Looking at the Bollinger bands we are also looking great we are seeing some squeezing within the bands and that usually means volatility is shrinking and a big move usually follows, we are also almost at the top band which is very bullish, if we can grab on and start climbing the top band that will likely ignite a big run. If this plays out i can see us easily going upto the R1 resistance. The RSI is looking good we have climbed up and above the midpoint which is very key, if we can see a further push up and hold above this midline we are looking fantastic, we would be looking at a confirmed uptrend, which xtz could really use right now! we can't slip below again and struggle to find a way back up because then we will be back in a confirmed downtrend. REMINDER, BTC controls the market and we could get crushed if BTC decided to dump so always keep that in mind because it could completely void this TA, Not financial advice just my opinion!
Long
by JacobR905
XTZBTC ACCUMULATION: DONE, if market is bullishTechnicals: 1. We have a rectangular bottom or wyckoff accumulation that looks like the exact reverse of the rectangular top or wyckoff top. 2. A structured falling wedge has formed denoted by the 2 yellow converging lines. 3. Volume profile shows we are at the point of control on the daily. 4. Decreasing volume suggests bearish momentum coming to and end and a sharp mark up could be in play (in line with the falling wedge breakout COINCIDENTLY). Fundamentals: 1. Tezos has been gaining a lot of traction in the NFT marketplace recently, having now captured at least 25% of Etherium's NFT space making it the 2nd most active NFT platform with DeFi baked in. 2. Partnerships are being announced on almost a daily basis. 3. New upgrades coming soon via Granada which was voted by the community. This will allow faster transaction speeds, up to 1000 TPS. Everything is lining up, but it depends on Bitcoin's macro movement. Use your own judgment. :) This is not financial advice. This is just my analysis.
Long
by jalders3trade