Tezos: Crypto's Unofficial Index Coin 😂 (Formerly Stablecoin)A quick video pointing out the fact that Tezos ( SEED_DONKEYDAN_MARKET_CAP:XTZ ) pretty much *always* sticks to the middle of the pack, as far as crypto assets goes. The pattern implies that the asset is stable/reliable in a way that often goes unnoticed. (This pattern, plus its generous staking rewards makes it quite lucrative, in some cases.)
A pattern that I noticed while being active with the art collective DAO on TEIA and teia.cafe.
XTZUSD trade ideas
Tezos performing better than popular coins over the last weekIt looks like investors are starting to take notice of Tezos, possibly due to two high profile crypto leaders praising Tezos (Charles Hoskinson of Cardano & Andre Cronje of Fantom network).
There's also a Tezos Etherlink hackathon that started yesterday (run by Encode Club a community of 500,000 talented professionals worldwide).
Etherlink is an EVM-compatible Layer-2 blockchain built on Tezos.
Etherlink’s mission emphasises decentralisation and efficiency. With its state-of-the-art decentralised sequencer Etherlink ensures a fair and secure environment for end-users. Minimal fees (around $0.01) make Etherlink attractive in the Layer 2 landscape.
Etherlink has integrated RedStone Oracles, which opens the door to new possibilities in financial applications, from lending and borrowing platforms to complex financial derivatives.
RedStone is a modular oracle delivering diverse, high-frequency data feeds to EVM Layer1, Layer2, Rollup-as-a-Service networks.
RedStone raised almost $8M from Lemniscap, Blockchain Capital, Maven11, Coinbase Ventures, Stani Kulechov, Sandeep Nailwal, Alex Gluchovski, Emin Gun Sirer, and other top VCs & Angels.
XTZ SHORT TERM UPDATEAs BTC breaks its previous ATH and Retail starts funnelling its money back into the market I believe it will soon be time for Altcoin Season. Turns out I was off by about 10 days on my previous analysis which is not too dramatic but I will try providing clear targets for April. I am eyeballing that 1.70usd level which coincides with the 100% level of the fib extension and I believe that if we break past it we will reah 2.10usd very soon. A level which is crucial for further upside in my opinion as it not only coincides with the 168% of the fib but also with previous support/resistance levels. By April we should be reaching those levels assuming Bitcoin doesn't dip. In that scenario I would still definitely hold for the first and probably even the second dip. Historical data shows that it is the best decision to make. As for Tezos, I stil don't see any real dominance over BTC but keep in mind; it is a coin that usually moves with some lag. Let me know your thoughts :)))
Tezos 21724Im about to fire up the bakery again. Remember this crazy one? yep its time to get back in. Just a starter posiiion as the famous Soloway would say. But we arent a clown trying to short a bull market. We are long and strong and have been forever. I am apermabull long term.Crypto. Tezos looks like a great play.
XTZUSD (1H) - Bullish reversalHi Traders
XTZUSD (1H Timeframe)
Waiting for the upward break of 0.9900 resistance level, which will complete a bullish trend reversal pattern to go LONG. Only the downward break of 0.9540 would cancel the bullish scenario.
Trade details
Entry: 0.9900
Stop loss: 0.9540
Take profit 1: 1.0122
Take profit 2: 1.0482
Score: 6
Strategy: Bullish reversal
Tezos going up in a choppy wayWith Tezos you have many opportunities to buy low and sell high. It is defintely riding an upwards trend, but in a choppy kind of way. Tezos follow BTC, but mainly in bigger moves. When BTC goes down 1 percent, sometimes Tezos goes down 2, and the other way around. It is a very volatile coin. As investor in this coin you have to be rational and look at your profit. Does a profit make you smile? Step out by taking profits.
XTZ UPDATE-FASTEN YOUR SEATBELTS!!!Hello everyone,
This is an update on my Tezos long idea which I posted about 1 month ago. As you can see, the predicted range for Early January has been hit and will probably be surpassed very shortly (well it is MID January at the moment but we had a little bit of fake news as well as instant trillion dollar valuation dreams concerning the Bitcoin ETF). Tezos has also outperformed both Bitcoin and Ethereum as predicted.
Now you may wonder, how is this random person on TradingView consistently correct on his Tezos price predictions? Am I an oracle, do I have insider trading information, am I from the future? I wish but no... I have been following Tezos for a long time though and in my very unprofessional opinion the point we are at right now is called the "FASTEN YOUR SEATBELTS AND GET READY FOR TAKEOFF" point.
How high will Tezos run in this cycle? I don't know, my personal guess would be around 10-12usd but this is crypto so we never really know. I can however give you a likely scenario for February/March 2024. I believe we will first be retesting the February 2023 highs (1,48 usd) where we may have a bit of trouble breaking through but by that time every smooth brained degen will begin to notice Tezos and start researching it etc. Once we break through the February 2023 highs we will be headed to the August 2022 highs (2,00 usd) and that is where you'll start seeing YouTubers talk about it, its eco-friendly aspect, fast transaction times, potential for gaming development as well as smart contracts implementations which they've always known about (of course). If the market doesn't dump until then this is where Tezos will start getting freaky and where we can slowly start making a little bit more accurate longer term predictions .
AS ALWAYS DYODD AND PRESS THE LITTLE ROCKET BUTTON IF YOU ENJOYED THIS ARTICLE :)
Tezos 15 min Bullis Long Don't Sleep On XTZTezos is about to get freaky. It also isn't giving in to all the volatility. It's a grinder w/a strong team behind it. DYOR.
Entry: between 1.00 and 1.10
Initial SL: 0.90 I actively adjust SL as we move through TP Zones
TP 1: 1.2 (20%)
TP 2: 1.4 (25%)
TP 3: 1.65 (30%)
Trade active
Bearish RSI divergence. Short term sell off likely. XTZ/USD is showing bearish divergence in the RSI. After a nice run up to $1.12 you can see that XTZ/USD placed higher highs well the RSI place lower Highs. This divergence is usually a good sign of a potential sell off. I would expect a return to the 50MA at minimum before further upside.
XTZUSD - An Incredible RecoveryUsing previous highs and lows to plot a channel up where price will likely return to as this bear move ends.
The bars pattern in white is the parabolic run BTC from 2017, just showing how price could return to this upward area with a bullish move.
This coin could get pretty bullish once it gets out of this slump.
20 DAY UPDATE on XTZ LONGHere's a little 20 day update on my TEZOS long idea. As you can see it is going according to plan and I'm even providing you with a shorter time frame analysis for early January. We are currently bouncing off the 38.2/61.8% level on the fib retracement and I expect price to start making DISGUSTING moves to the upside from here. 1.20-1.27 range will be reached very very quickly and as long as BTC doesn't take a massive dump on us Tezos will keep outperforming both BTC and ETH. I should say this is not financial advice blahblahblah but if you know anything at all about macroeconomics it should be abundantly clear by now that we are headed to the moon. If you don't know anything about macroeconomics let me clue you in: "Money printer go brrrr".
!!!DISCLAIMER!!! There will be FUD, Don't listen to it. If daddy JPOW starts talking his usual tough talk, it's jsut talk. If Gary Gensler starts talking smack about crypto, just remember he got clapped by Grayscale. If any Asset Management firm CEO (Larry Fink etc.) comes out saying he doesn't like crypto; well, he likes crypto because they are all the literal personification of GREED so don't believe a word that comes out of their mouths. With that said, time to make some $$$ You're welcome :)
THIS IS NOT FINANCIAL ADVICE!!!!! DYODD!!!!!
XTZ looking nice inverse H&SHere we have a very nice looking chart for XTZ, some strong support over the blue line. Forming an inverse H&S. We can easily see XTZ push up to $1.49 at a 50% gain from here the next stop being within the yellow lines. The risk to reward ratio is looking very good right now. There are other coins pushing more % in a day but a little stronger on their pull backs. The fact you can stake your XTZ one you buy ack in is a good way to get some passive income but just make sure to unstable before this coin starts moving again up to $7.
Good luck and have fun with it
XTZ LONG GET IN NOW!!Now XTZ, the native coin of the Tezos ecosystem is a coin that needs no introduction at all but I will do so regardless. The Tezos universe is integral to the crypto industry, having dipped its toes in DeFi, NFTS and digital art but most recently and also most importantly in my opinion, Gaming, wih projects like dogami choosing Tezos as their home. Tezos led the way into Proof of Stake while ethereum was still swearing that Proof of Work is the way, it gained poopularity in 2021 and suddenly it started slumping. Now as you all know the crypto industry is mostly based on hype but hype has to be based on something and that something is the potential for hype to be built upon, and my friends you are in for a treat, because tezos ticks all the boxes.
The technicals I've put on screen are for me where the price will head to in January/February if the bull run does continue, which judging by the fact that interest rates are soon to be falling 25 BPS per meeting ,is fairly logical to do so. However don't be mistaken, if Tezos regains its former hype, which it very well could as its fundamentals are still strong and its market cap is still relatively low compared to other projects, Tezos will skyrocket and shoot to 15/20$ potentially even more.
Oh and obviously do your own due diligence and this is not financial advice.
Support range: 0.814-0.949Hello traders!
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(XTZUSD chart)
In order for a full-fledged upward trend to begin, the key is whether it can rise above 1.338.
(1W chart)
To do so, we need to check whether we can break through the support and resistance range of 1.017-1.159.
However, since the volume profile section is formed from 1.631 to 2.088, the increase is likely to be limited.
(1D chart)
The key is whether it can receive support in the box range of 0.814-0.949 and rise beyond the 1.017-1.0601 range.
To continue the upward trend, it must break upward around 0.957, 1.127, 1314, and 1.556.
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- The big picture
The full-fledged upward trend is expected to begin when the price rises above 29K.
This is the section expected to be touched in the next bull market, 81K-95K.
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** All explanations are for reference only and do not guarantee profit or loss in investment.
** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA
** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.
** This chart was created using my know-how.
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Unleashing the Dragon: A Triple Trade Strategy for NEO, XTZ, FIL
🔥 Dive into the world of Chinese crypto powerhouses with our latest trade idea! 🇨🇳💹 In this video, we break down an exciting strategy for trading NEO, XTZ (Tezos), and Filecoin. These three coins are making waves in the crypto space, and we've uncovered a unique approach to capitalize on their potential.
🚀 NEO - often referred to as the "Ethereum of China," NEO has been gaining momentum with its smart contract capabilities. Find out how we're navigating the NEO landscape for maximum gains!
💰 XTZ (Tezos) - the self-amending blockchain that's all about governance and scalability. We've got a game plan to ride the Tezos wave and make the most of its innovative features.
📁 Filecoin - the decentralized storage solution changing the game. Discover our insights on Filecoin's market dynamics and how to position yourself strategically.
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after all is said and done15min and 4h timeframes following an uptrade have a potential do actually not configure a bear div/break supports. in such case we should look for bear divs developed before such developments.
look for bear divs aftre 4h div validationafter 4h bear div likely retracement chances in lower timeframes
hidden bear dev xtz 15minif divergence confirmed looking for a short scalp. trend is up so its a fast scalp, possibly an alrdy late signal.
pottential 4h bulldivif it fails to play the bulldiv looking for lowertimer frames shorts based on similar divs or extreme bollinger/keltner touches to build positions. not building any derivatives long besides sport rn.
XTZ 4 the Fall Smart money Risk contraction meaning no guarantee to 85 cents; it usually surpasses it. Swing H/L with bullish contraction which now shows a completed uptrend because it’s reached first supply zone until further notice to reach top supply zone. 64 pips. Smart money magnet line means trend intends to stay sometimes within that area based on smart money momentum.
TARGET MET