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Tezos / Bitcoin

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XTZBTC trade ideas

XTZ/BTC TA Update (Another Leg Down?)XTZ/BTC XTZ is on a strong or deep pullback and already testing the golden Fib 0.618 level. The RSI hasn't hit the oversold condition yet and we are still seeing increased in sell volume indicating that there could still be another leg down before a strong move to the upside. If XTZ can close the price above 1700 then there is potential that this trend is ready to move up again. Otherwise, we could experience more downward action below 1500 - 1300 regions.
Short
by PolarHusk
XTZ ANALYSISXTZ XTZ has had a significant run lately, and is now seeing the retrace. XTZ is currently inside of a small falling wedge and should break out for a relief rally after hitting the yellow temporary support zone. I expect the relief to bring XTZ back close to 21000 sats. From here, I expect another wave down, bringing XTZ all the way down to MAJOR support at 14500 sats. This is the prime entry zone. Stoch is way oversold and RSI is creeping on oversold territory. I expect the small relief to cool off sellers before the next wave down. I would NOT recommend buying now. Wait for the drop back into green buy in. When target zone is reached, I will update take profit targets! Possible Entries: 14500 sats
by altchicasignals
We PREDICTED XTZ/BTC PerfectlyThis was an example of a perfect trade executed on the XTZ/BTC chart. Those who followed our signal are now over 16% in profit, and that's without counting LEVERAGE first. We believe Tezos will continue to move inside the compression range, i.e. the turquoise Bollinger Band. Further downside is to be expected, and if you have shorts opened, do not close the ENTIRE position at the 50 daily moving average. Many signals providers supply you with multiple signals daily. They prefer quantity over quality, and in consequence usually a big portion of the signals fail. They get you to build a house of cards; small profit after small profit after small profit. Not only is that time consuming without a trading bot, but also the other way around. You should strive towards small loss, small loss and then BIG win. At MeowSignals, we pick quality over quantity. One successful signal is big enough to cover ten losses and keep you going for weeks. We don't know when, we don't know the chart, we don't know how often. But hang around, because they DO come. Cheers. Commodity Channel Index, custom volatility indicators and Bollinger Bands and their derivatives were used in the technical analysis. This is not a financial advice and you agree to take 100% responsibility. Follow @MeowSignals for more insights! Also make sure to visit our... Facebook: www.facebook.com Website: (coming soon)
Short
by UnknownUnicorn6031161
TEZOS WATCH (visual demo only)Market may be making some big moves, it is at a point where it usually bounces off the 200 EMA line on the 105 view. If market bounces off at usually spot, I am not convinced any bounce here will be significant to the upside due to channel formation that should eventually break to the downside in my opinion. Also a double top formation is another possible prep for a reversal. Market is new to platforms and typically when an altcoin comes into market and generally heads up, it tends to eventually break down and often to make new lows in comparison to the beginning of it's market cycle. Watch market closely, if you're in Tezos buy, consider your exit and/or sell entries. Channel formation best view 12hours. Best to observe 200 EMA on 105 view to observe market bounce off from this. Other EMAs in use are 50 and 100. All ideas are for informative purposes only, trade at your own risk.
Education
by Dani0
MeowSignals - XTZ/BTC Free Trade CallEntry: 2199 sat Stop loss: 2302 sat Take Profit: 1705 sat (t Expected Call Duration: 3-7 days Call strength: medium-high Call risk: low Brief Summary: Volatility Periods are over-expanded. Large and almost unrealistic amount of force would be needed to resume the trend. Correction is inbound. Take profits at the daily 50 MA, or at the 0.5 Fibonnaci Retracement. Stop losses must be set above the 1st standard deviation of the 4H 200 MA Bollinger Band. Commodity Channel Index, custom volatility indicators and Bollinger Bands and their derivatives were used in the technical analysis. This is not a financial advice and you agree to take 100% responsibility. Follow @MeowSignals for more insights! Also make sure to visit our... Facebook: www.facebook.com Website: (coming soon)
Short
by UnknownUnicorn6031161