TEZOS there is a chance for an uptrend againXTZ Isn't it a diagonal here this a leading diagonal for wave iii here ?
Picture is painting similar price action same as BNB last year ... Coincidence???
I am assuming formation of leading initials with XTZ here despite bearish PA with BTC
Remember Tezos has inverse correlation with BTC and global financial assets
Puting some market orders here mildly
Invalidation below wave 2 of the lower order (red)
XTZPERP trade ideas
XTZ - Potential Cup & HandleTezos, which is bullish as hell in my book, has some great news recently and is funded by a couple large institutions for providing on chain products.
Gavin Wood has stated Tezos is the ONLY blockchain with the technology of the future (Web Assembly), while we are using current tech now, Tezos is way ahead of any competition on this front.
TA: cup and handle formation develops, we may have just hit the height of the lid, we should watch for a retrace here. The lid could extend higher before the retrace, but its a good time to start watching. I marked a couple buyin areas for XTZ. This could easily take XTZ to $14
This one is one of my top Alts for profit prospects. DOT, LINK, EGLD are currently my top ones. With the Parachains coming out for Dot, it is EASILY the most profitable coin. the profits from Kusama parachain auctions have been insane!!
Good luck
Tezos Bullish PropagandaI try to keep on looking at this magnificent crypto assets and compare it to last years runners like chainlink
Even if the tezos chart turns out to be a complex correction in structure
It will still lead to higher prices and therefore a bullish cycle for the years to come
it already triple bottomed for almost 3 years now
Historical Highs is inevitable
Keep Buying Kings
MY MINIMALIST ANALYSIS FOR $XTZFINAL PUSH on a 30MIN CHART
All TARGETS have been met and going for the FINAL PUSH
Indicated are key levels of support and resistance using small and large trading range boxes for ENTERING A SWING TRADE (Short - Long.)
Watch out for Patterns, Divergence, EMA, Candlestick Math, and your Fibs.
Further Analysis on price action is required on a 1HR-4HR chart when entering or closing a trade, depending on your risk appetite and trading style.
Disclaimer:
The findings/predictions of the following analysis are the sole opinions of the publisher of this idea and must not be taken as investment advice.
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XTZ Pushing for Previous High!!?Tezos is really making a name for itself recently with some massive news coming to sight like big NFT projects and huge banking smart contract news are definitely all helping boost XTZ the gaining momentum! We had a huge wick above the R2 resistance and theres a good chance we see that level sooner than later, we are currently sitting right on the top band on the bollinger bands and when we see this happen theres usually big momentum and upswings like we have been seeing! The MACD looks fantastic we are seeing big separation in the MA's with no sign of slowing down and the histogram is only on its 3rd green bar and we are growing significantly each day, we want to see this momentum continue and push us higher and higher. We are also continuing to push upwards in the ascending channel with us currently sitting right at the top facing some resistance, i think there is a good chance we see a nice breakthrough coming up here soon and i would go to say we are likely bound to reach that 0 FIB level or 8.4$ USD! Not financial advice just my opinion!