XTZPERP trade ideas
Tezos turn to $10 dollar soon!!! Eyes on this cryptocurrencyTezos it's show us interesting long position toward the $10 dollar as EOS do. Tezos and EOS it's around o $6 dollar right now, and these cryptocurencies are so interesting to invest by contract, or we can to keep these Tezos contract to longer time in this altseason to accumulate any crytpocurrency that you're intersting in your watchlist like Chainlink, Litecoin or Bitcoin using the money to fund in one of these cryptocurrencies. Guys, these it's so interstign to invest in Tezos, also, I like this cryptocurrency and as I consider my Tezos in contracts, but interesting cryptocurrency to invest too.
Now, talking in this technical analysis, I hope that Tezos going to approximately at $5.70 USD to then, look how the price action work in this zone and when I have a confirmation, I can to entry in long position toward the $10 dollar in this interesting trade like EOS.
Now, looking in Daily chart, Tezos it's extremely bullish and if we put a long position, we can to earn 75% in this trade from the $5.70 USD to $10 dollar.
In this screenshot, I put these targets to medium term that we can to look how Tezos may to move it in medium term. For that, Tezos it's another giand sleeping cryptocurrency that I have in my radar from the past year and this year. I do not have Tezos in hold, but I thinking to buy Tezos contract in my Simple FX trading and then, keep this contract to hold and multiply my others cryptocurrency using Chainlink assets in Simple FX.
Now, if you hold Tezos, this could be my targets in this bull rally of this cryptocurrency. For that, i I decide to sell all my Tezos contract, I prefer to sell at $200 USD and then, all my Chainink assets will be multiply. I thinking to buy at least like 300 Tezos coins in contracts, as I have right now 350 EOS coins in contract too.
Just that I have 350 EOS cotnracts in my Ethereum account, and then, I will going to take my 300 Tezos contract for my Chainlink account.
Well, noticed one thing. EOS and Tezos are interesting cryptocurrency in my radar as I have in Cardano, Chainlink or XRP. But I believe that i I hold this crypto, I can to get a excellent ROI.
Guys, if you like this idea and have another expectative in the market, you can to share your analysis here whatever if it's about of Tezos or others cryptocurrrencies.
XTZ entering ALT SEASONXTZ trending on top of the 200 moving average for a couple months now, looking like its ready to go up. Days, weeks, months?....who knows, but its definitely heading up as we enter this four years consolidation period from last Alt Season. First jump will probably be around $8.
Don't Sleep! ;)
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XTZ / USD - Tezos Ready to go Parabolic?Is Tezos about ready to make a parabolic move? This is its all-time weekly logarithmic chart, and as you can see it has formed a parallel channel that it has tried to break up and out of several times now. It has also bottomed out on BTC pairing (twice), and is one of the few not to gain back against BTC since other alts have begun.
Will we attempt and succeed on test number 4, or will the BTC pair continue downward and show us a re-test of the bottom of our logarithmic USD channel?
Tezos was lauded for its staking gains last year and is just getting started. Let's see!
Here is the BTC pair, showing a potential double bottom, confirmation above the middle of the W, triple bottom also possible if we get around the center of the W and turn back down again:
XTZUSD D4: 40% CORRECTION. TOPPED OUT.(NEW)XTZUSD D4: 40% CORRECTION. TOPPED OUT.(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup
::: XTZUSD 4daily chart review
::: 40% correction incoming
::: deeper pullback required now
::: focus on buying re-test of the lows
::: of the bullish channel
::: right now CORRECTION MODE 40% STAY OUT
::: BUY/HOLD and get paid LATER after correction
::: BULLS should remain on sidelines
::: until we hit 2.20-2.30 USD
::: wait for the pullback now
::: before buying it
::: Speculative bullish setup
::: reload bulls is near 2.2/2.3
::: 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: RANGE/MIXED
::: 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.
XTZ New Highs Incoming4 knocks and pullbacks at resistance.
The more a resistance is tested the weaker it becomes.
5th time is the charm? Market as a whole looks great so I think it is.
Old ATH is marked, that should break soon.
XTZ/BTC is still pretty ugly though, but the USD pair might lead the way.
This vaporcoin has had too much coverage on shitcoin twitter over the past few years to not get a pump of epic proportions. The fundamentals that everyone loves so much are all there, techy boys love it. Just needs the hype that it will be the new ETH and we're off.