XTZPERP trade ideas
Tezos on the next bitcoin spikeConsidering the possibility that Tezos is following the same trajectory of Ethereum and the fact that Tezos does have many features that are better than Ethereum, Eos, Neo and smaller DAPP platforms, this is the trajectory we may see going into the next Bitcoin price spike of $250,000 or higher. We are looking at a rough date about June of 2022.
XTZ on the next Bitcoin $250k Peak with three possible pricesXtz on three possible price points going into the next Bitcoin Bull Run 2023. Keep in mind Tezos is a baby platform but with a massive war chest of over $600 million from their ICO. They are a likely candidate like Cardano to displace Ethereum as the number two in crypto rankings. Tezos has brilliant coders/programmers and tackling the STO market which will be a massive shift from conventional Wall Street markets. This is a gem waiting to explode. The three price targets I have her are between $250.00 up to $2,500.00. Please keep in mind that this is only my opinion and I am basing this on the current trendline trajectory that is apparent on this three-year chart.
XTZUSD Price ForecastPotential long trade for Tezos. Place buy stops
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XTZ good opportunity + staking.I will buy a shitload of XTZ when it reaches this level, hell yeah! sell it again in next bull run and in meanwhile taking some APR on my XTZ
XTZ 2 dollar is the crucial level!As long as XTZ can close above 2 dollars it will move to 3 dollars + quickly. Good luck everyone!
Uncanny timing to call longHi Traders/Investors, happy post election! I know the result isn't in yet and market isn't exactly stabilized for alts. For crypto I am pretty much only focused on Tezos, both in FA and TA, and I'd like to call for your attention at this time. Yes this is another long call. Now you may ask, But there is so much weakness! Volume also isn't in yet! Very true, but I have reasons for this. First if you will, check out my ideas in September, for both XTZ/USD pair and XTZ/BTC pair.
Since then I have been closely monitoring the price action without further analysis because, well most I need to say has been said. I did make a wrong call expecting a minor relief rally but of course I know even then it would be a very minor thing and correction isn't over. This time though, I believe is a very enticing opportunity to go long. Both the XTZ/USD pair and XTZ/BTC have been hitting my range low target range and most importantly, SIMULTANEOUSLY. If you are a trader you know everyone can be right at some point of time but calling two pairs right at the same time is very difficult, so this adds to my own confidence. Those 2 posts took serious amount of time to make, and I'm not running any paid TA service so there's no motif other than sincere desire to share with you, Tezos enthusiasts. Please support my work! :)
Today, I reiterate my September position because 1) Those 2 pair long range prediction played out 2) Now the price is forming a falling wedge with momentum divergence. This is extremely important, as one key indicator to an ending trend is momentum divergence. My philosophy isn't to catch a perfect entry, rather I start by identifying a price range and I go in once the range is hit. So in short, it is OK time to go long for XTZ for both pairs though in reality the weakness may still persist for a bit, so if you are more cautious type of trader you can try to wait for 11350sats and ~1.72USD, but me personally I don't care for another 8-10% downside if I believe a trend change is around the corner.
XTZ double bottomWe can see a double bottom on XTZ together with a bullish divergence the chances are huge that we had are lowest low and were going back into the uptrend soon!
XTZUSD idea (not an advice just learning) Welcome to my first idea on XTZUSD , i have never drawn an idea so don't take this as an advice. The head and shoulders pattern i drawn is in a downtrend so normally it only counts in an uptrend right? BTC dominance is rising but i think/hope it will get rejected soon, this means there's a chance for the altcoins to take the market back. The weekly chart got an oversold RSI and the daily a cross to the oversold region i think we will see some accumulation before we really go up? Please comment with your ideas/tips on my chart and/or XTZUSD , just here to learn more about drawing charts every tip is welcome.
Double bottom possible reversalToday would be a great day for crypto, because the election panic and dumping has ended, sadly we have arrived at another episode of Wojak and the ''Huobi Global FUD'' is loaded. China is being accused of apprehending a HBG executive and HBG is being accused of shutting down withdrawals, as a result hbg token collapsed. In my opinion this information is false, because HBG denies it and I can still withdraw.
There has been a massive anti China campaign coming from the western media enlarging every negativity coming from china and making all the positive things look smaller. For example the western media marks China as a big polluter, but never mentions they are planting giant forests in the deserts. I don't just believe news, especially not the western media, in my opinion they are all bought and paid for and are just being used for manipulation.
On top of that Huobi Global is situated in Singapore and not in China, suggesting that these countries are the same is really ignorant and racist.
I stay long on the alts although there seems to be some kind of media offensive against the alts, perhaps a media induced shake out before the real pumps begin.
Tezos looks abosultely horribleTEZOS looks absolutely horrible, broke the channel and 3 day double close below channel. I dont see anything bullish for tezos till it reclaims the channel.
Whales try to keep the prices in the panic zonesWe see this manipulation all over the altcoin market at the same time. The whales want to shake everyone out, so they can keep full control over the market, as soon as the coins go times 4-5 the whales will lose control, because many people will have bigger stacks to trade with.
After the election I expect an endless pump for over a year. Buy = now
This is not financial advice.... :)
XTZ perfect retracement completedTezos has finally finished it's retracement to 0.236 fib level and bottom if ascending channel. IMHO this is the last time we will ever see XTZ below 2 USD
not an advise
XTZ broke trough support but is making a bullish divergenceDue to the presidential election panic selling xtz feel deep trough support and touched the 1.80 support, luckily XTZ is bouncing away from that low, but needs to retake 2 usd. Its very likely that XTZ will become completely bullish shortly after the elections.
xtzusd Long Superb R/RXTZ long dont miss it have a SL as well.
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Xtz/usdIf you remember back when I said I was targeting this level a month or so back (when price was mid 3’s) and was told I was crazy. Well here we are and I did just that. Bought a fat stack at 1.91 for a LONNNGG hold. I also have a buy at 1.50, if I luck out and get that area as well. Good luck y’all!
Bearish pattern breakdown and support levels to watch out for*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. I do not guarantee any results nor am I responsible for your actions. You should always do your own due diligence before trading or investing in this market as it is extremely risky.
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*Let me know in the comment section if you agree or disagree, would love to hear your ideas too.
