XTZUSD trade ideas
Tezos (XTZ) - April 9Hello?
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We have to see if we can get support at 5.57573265 and rise above the 6.22820058 point.
In particular, it remains to be seen if it can rise along the uptrend line.
If you move down from the 4.82546199 point, you need a short stop loss.
In the wRSI_SR indicator, the RS line is showing a decline without continuing the upward trend of more than 50 points.
As a result, volatility may occur, so careful trading is necessary.
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(XTZBTC 1D chart)
944 Satoshi-1164 Satoshi We must see if there is any movement that deviates from it.
If you keep the price above the M-Signal line on the 1W chart, it is likely to continue the upward trend.
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** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for the sake of convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the conventional stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.)
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day.
G1: Closing price when closed
G2: Cigar at the time of opening
(Example) Gap (G1-G2)
Alert: Tezos confirm the support to entry to buy!!!Right now in the morning, Tezos conirm the $5.70 USD key support to entry to buy this cryptocurrency. Now, we can to put the SL at $5 USD, and our target profit will be $10 USD for this cryptocurrency. Guys, we're prepare right now to buy Tezos. Now, you can to buy Tezos without any issue becuase in H8 timeframe it's look bullish. I entry around o $5.90 USD entry in the market.
Now, if Daily candlestick closed up with bullish candlestick signal, that mean that Tezos will come bullish in few days to $10 USD.
Guys, if you found out that this analysis help others people, you can to share this analysis for others traders.
XTZ Over the next weekGood afternoon, everyone! I am ObsessedMeerkat and I am here to share my thoughts on XTZ's movements over the next week.
First, XTZ is performing extremely well as compared to its previous performance. Second, XTZ's movements are still closely tied to bitcoin's. When BTC dumps, so does XTZ and that is the unfortunate part of BTC being the king.
Third, my analysis. I am not a trader by trade (haha) and I am not educated financially but this is what I think XTZ will be doing in terms of gains over the next week.
At this time, there appears to be a good bit of support in the $5.40 - $5.60 range. People are beginning to notice this coin and its value has increased substantially from even a month ago. Lows are now on par with previous all-time highs. Very bullish chart overall. Conversely, there is also a lot of resistance in the $6.40 + range. This coin is valuable but it is not going full-on face-melting parabola - yet.
The two white lines at the bottom are where I see the most resistance on this coin. The lowest one being a macro-resistance line that is tied closely to overall performance of bitcoin. I think bitcoin will continue to retrace back to its macro-resistance line at ~$40k and bring XTZ with it. Overall this is a good thing .
Why is the price of XTZ falling a good thing? XTZ is an insanely useful token that is rapidly gaining adoption and a price drop to the macro-resistance line will allow for MORE accumulation. Due to the increasing awareness and adoption of this chain, I am very bullish on XTZ overall. XTZ has had more contract calls up to this date (the 8th) of this month than it had in all of February.
The only question in XTZ's retrace is exactly how fast it will happen. A rapid retrace back to support at $5.10 by tomorrow night will provide the greatest window of opportunity for buying large amounts of XTZ before a return to the micro-resistance at $6.80. The alternative is a slow bleed to the macro-support. This is a bad-case scenario where XTZ slowly bleeds over the next three days down to a support line much higher that $5.10, thus reducing accumulation opportunities.
After a re-trace to the support lines, I see XTZ quickly returning to the resistance at $6.80 before smashing through it to $7.60. Either way, if you buy at the lows, you're going to be making money this week.
After this coin breaks the upper resistance, I think we are rapidly approaching the $10+ mark before the end of this month, but I promised I would stick to my views on XTZ this WEEK in the title. We're getting closer to the day of melted faces on this coin, but right now, look for money making opportunities in the moment.
Overall, I am LONG XTZ this week. Currently I'm holding a good bit of liquid in my account and I've placed a buy order at $5.10 in anticipation of XTZ dropping to that support.
What are your thoughts?
A Coin Primed To Explode.It has underperformed and ranged for years similar to BTC 2014-2016 or TSLA 2014-2020. It's currently set to breakout of a long term range it's been in for years and could go parabolic and finally regain some market cap it deserves. It's a solid Cryptocurrency with unique traits and fundamentals in the way it is mined and is decentralized like BTC and ETH. It's the only coin I've really been bullish on since BTC back in the early days, I believe it could easily 10-20x from this point.
Wondering what you would set target at.It looks like a breakout of a C&H but I have no idea what target price should be here. I was thinking maybe $10.8 by the end of the month? How would you trade this?
XTZ:USD LONG TERM TREND BROKEN, BULLISH?LONG TERM RESISTANCE TREND HAS BEEN BROKEN, RETEST AS SUPPORT WOULD BE BULLISH.
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 Update: Target 7After strongly rising and breaking daily resistance, XTZ stays above 5.2 and touches the resistance at 6.8.
Still positive to see XTZ reach 7.3 or higher price.
The chart is beautiful!A sell position, or the break of a long-term support line? It is determined by waiting and watching! But betting on break and amazing growth is so much more exciting.
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! ;)
Thanks for your time! Please like and follow!
XTZUSD LONG IDEAIt has succeeded in breaking its falling trend. It is above the top of the previous duo and completed the approval process and it is likely to rise from now on. We have a good entry.
tp and sl shown.
XTZUSD potential longTezos missed on the breakout, could be caught on the pullback if it does pullback
Careful not to chase the market.
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Can I interest you in a fine beverage this evening.Perhaps in a nice cup with a handle. The barista states it has consolidated like a fine wine and just recently was brought out of the downtrend. Please take your time but know this is in high demand. Don't wait too long.
XTZ Target ATHXTZ Target ATH and 7 USD!
After breaking the triangle and pull back to support, XTZ hit my first target at 5.06 USD. If break 5.06 and rise to 5.2 + strongly, I will target ATH and 7 USD.
Support: 4.8 & 4.5
