XTZPERP trade ideas
Weakness in XTZUSD Sell in sell zone
S < 3.33 if 1D close
1W + 1M candles closed under 3.94-4.47.
Falling was very fast and i think that many traders have been locked in zone 3,94-4,47. That's why i expect this zone as sell zone, where selling pressure will be strong.
Also i want to point zone of interest under 3.33, where good short signal (if 1D candle close <3.33) could appear.
To cancel this scenario 1D candle should close > 4.50
Last expectation: XTZ under 1.92I hope this is the final leg down, and after this the bull market will come back.
Today we had yet another dump, and I've cleaned up my graph and tried to make something out those Fibonacci's.
0.382(7.1USD) was resistance two times.
0.618(6.3USD) was resistance two times.
0.786(5.8USD) was support two times.
Once 0.786 was broken through with ease, 1(5.1USD) was support once, 0.786 became resistance, then it dumped hard.
May 19th to 24th (today)
0.236(4.4USD) was resistance two times.
Price floated around 0.618(3.4USD) with 0.5(3.7USD) being resistance.
0.786(2.9USD) was support two times.
Today at 12:30 we fell right through 0.786, to retest 1(2.4USD) as support. It held, once.
My last expectation:
0.786(2.9USD) will be retested tonight. If it continues to be resistance, we'll retest 1(2.4USD) and I hope we fall right through it (like on May 19th), in order to be saved by 0.236 of the next period (1.9USD).
Otherwise, if we come over 0.786, I might be really tempted to buy back once we're in the clear over 0.618. I see already that my previous idea linked here (If we remain under 3.32...) is somewhat being attacked, because we dumped through 2.89 but we are currently back up a bit.
Short in the short term, long in the long term.
Note: a much better view would be obtained by looking at BTC or ETH, not XTZ. But I look at this becaus this is what really interests me.
This is not financial advice, I'm just a noob that discovered Fibonacci's.
Opinions?
XTZ/USD Looking Back aLooking back at the analysis this trade gave a quite good profit range of 250% to 300% return on the spot position.
If you took a spot trade and take you profit near TOP. A big Congratulation!
Now it this a quite on the verge of transition to declining stage. Let us see what the market will do. Be Patience.
Tezos Nice Dip BuyTezos is within a MASSIVE channel on the daily chart
i expect this to correct upward and continue..
Added a line to add a bit of 3D'ness
If we remain under 3.61 or 3.32 more dumps are comingThis is in line with what happens to BTC and ETH.
My new expectation is to not buy anything over 2.9USD.
Let's get to the bottom of this!
XTZUSD D4: 350% gains BEST level BUY/HOLD(SL/TP)(NEW)Why get subbed to me on Tradingview?
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-15+ years experience in markets
-Professional chart break downs
-Supply/Demand Zones
-TD9 counts / combo review
-Key S/R levels
-No junk on my charts
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XTZUSD D4: 350% gains BEST level BUY/HOLD(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup
::: XTZUSD 4days/candle chart review
::: CORRECTION MODE next 4-8 weeks
::: is correction over in crypto now?
::: NO it's not OVER. just started!
::: BULLS need to sit out the correction
::: best reload later near 2.50 USD
::: 40% downside remains from here
::: expecting correction 4-6 weeks
::: then expecting reversal
::: BEST RELOAD bulls is near 2.50USD
::: final TP bulls is +350% gains
::: bull run not over yet
::: BUY/HOLD setup TP +350%
::: for now bulls should stay out
::: correction mode for 4-6 weeks
::: alternatively you can DCA in range
::: do your own due dill
::: and use proper risk management
::: TP bulls is +350% gains
::: details: see chart
::: FINAL TP is 350% gains
::: SWING TRADE: BUY/HOLD IT
::: bull run not over yet
::: good luck traders!
::: BUY/HOLD and get paid. period.
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
RISK DISCLAIMER:
Trading Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
I am looking to buy some undervalued coins!XTZ looks pretty shit! It was smashed as well as the other coins but it looks pretty promising.!
ichimoku trade : short positionichimoku signal:
short position:
enter at 3.88$
stop loss kijunsen with buffer
0,786 (4USD) also a short term resistance point for XTZWaiting for the dip to keep dipping :)
Just to see this more clear, check the previous post, Patiently waiting for XTZ to go down
Opinions?
XTZUSD H16: BEST level to BUY/HOLD 100% gains.(NEW)XTZUSD H16: BEST level to BUY/HOLD 100% gains.(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
READ ENTIRE IDEA BEFORE BUYING!
🔸 Summary and potential trade setup
::: XTZUSD 16hour chart review
::: speculative XABCD BULLS setup
::: deeper pullback possible now
::: focus on buying re-test of the lows
::: near point D/PRZ at 3.50 USD
::: right now CORRECTION MODE
::: BUY/HOLD and get paid after correction
::: BULLS should remain on sidelines
::: until we hit 3.50 USD end of month
::: wait for the correction to complete
::: before buying low near point D
::: Speculative bullish setup
::: do your own due dill and use tight SL
::: strong mirror S/R level
::: get ready to BUY low / hold it
::: 100% gains possible from my level
::: strategy: BUY LOW after pullback
::: TP bulls is +100% gains BUY/HOLD setup
::: buy near my level and get rewarded
::: TP bulls is +100%
::: good luck traders
🔸 Supply/Demand Zones
::: dem/supp N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment short-term: BEARS/CORRECTION MODE
::: Sentiment outlook mid-term: BULLISH
RISK DISCLAIMER:
Trading Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
TEZOS CRYPTOCURRENCYWE ARE BUYING THE CRYPTOCURRENCY AS THERE IS MORE CHANCES FOR THE CRYPTOCURRENCY TO RISE IN PRICE
Patiently waiting for XTZ to go downSold at 7.5USD, will buy more at 5USD. It seems to be a good support, corresponding to BTC at 42k.
Tezos Accumulation and PatiencePotential Targets:
Buy More At: $5.00
If Broken,
Buy More At: $4.5
Long Term Bullish
Tezos has a potential cup and handle brewingThis is a higher risk set up than what I normally but what is in the chart is in the chart. This would require not only for this chart pattern to perform but would also require BTC and ETH to behave over the next couple of days to week week as to not confound what is going on here.
The main chart has hidden bullish divergence on the 12 hour and the chart below has classic bullish divergence on the four hour. This suggest to me that Tezos should be moving to the neckline of the cup and handle when the falling wedge performs to the upside and from there we can see if there is enough momentum for price to break the neckline and potentially turn the previous resistance into support and have a nice impulse to the upside.
The chart below shows that the price action has found support on the 3x VSTOP and also the 20 day SMA so the chart formation has some technical support. A quick review of the 20 day SMA and VSTOP shows that when the price action breaks them as support that the decline is steep, once again meaning this to be a high risk trade and set up if traded without a good stop strategy . Thankfully the wedge gives us a chance for a couple of technical entries. I made mine a few hours ago betting on the wicking action at wedge support is a low. Break out traders could look for trades on the wedge or cup neckline or should price action retest the broadening ascending wedge support later on after a pull back.
Risk reward to retest ATH is pretty decent and with the bullish structure I am in the trade. Thanks to the VSTOP and falling wedge I should see this perform sooner as opposed to later.
s3.tradingview.com
XTZ moon shot $8, $9, $10?XTZ has double tested the 6.00 mark and shown strong support. 3H chart shows a clean 'inverse head and shoulders' pattern forming. If this is the case than we are in for a wild ride. Possible that 6.20 range will be reached one last time before beginning the leg up. If this plays out I could see the following targets 8$, $9, $10 being very reasonable. These are new highs for XTZ so it is hard to say where the top will be. XTZ/BTC chart shows ready for breakout as well. When both XTZ/BTC and USD pairs begin moving up simultaneously we will see fast movement upwards.
