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XTZUSD trade ideas

XTZUSD Tezos 1H Mostly Sideways ActionGood Afternoon Traders, What a great time for BTC, DOT, BNB and others. Many eyes are on those coins right now with less focus on Tezos. With the recent run up of BTC, Tezos hardly reacted. My previous idea was looking like a good setup for Tezos to break out, however the bears heavily weighed in above $5.1 and the buyers didn't seem like they were too interested. Tezos is definitely trending upwards, but not at the velocity that most crypto traders are looking for. I think there are 2 Major Resistance points and 2 Major Supports. I'm watching these over the next few days to see if there is a significant downtrend or uptrend, however it is likely that the price will stay between the minor support and resistance lines. Thanks and have a great day!
COINBASE:XTZUSDLong
by hoquet
3
2.19.21No one can tell you when the market will change. Right now you have to be very in tune to what everyone is doing. Right now all eyes are on Binance. I was able to catch the Bnb rally mid stroke but still got in a good position. For now i believe most blue chip defi may have a cooling off as their utility is seriously being overlooked by cheap Binance solutions. Thats good. XTZ may be a good counter play as everyone has forgotten about it. 10 dollar xtz? i dont think so but maybe a 50 percent move
KRAKEN:XTZUSDLong
by BrandonrG
8
Tezos - 6hr is one to watchTezos is one to watch for a potential breakout. XTZ has a Symmetrical Triangle on the 6hr Chart with support from its Conversion Line (Tenkan Sen) and its Bollinger Bands Middle Band Basis. The RSI is indicating Sideways Momentum at around 56 indicating XTZ could potentially move much higher before hitting the overbought range. The MACD is also indicating we may get a MACD Line (Blue Line) cross back over the Signal Line (Red Line) which would indicate renewed upwards bullish momentum. Overall Volume is increasing slightly so we will have to wait to see if this 6hr candle closes in the green. Definitely one to watch. I hope this is helpful. Good Luck 🙏
BINANCE:XTZUSDLong
by entertheroach
2
XTZUSD: BUY/HOLD DIPS TP BULLS +100% gains(SL/TP)(NEW)XTZUSD: BUY/HOLD DIPS TP BULLS +100% gains(SL/TP)(NEW) IMPORTANT NOTE: speculative setup. do your own due dill. use STOP LOSS. don't overleverage. IMPORTANT NOTE: speculative setup. use FIXED SL. 🔸 Summary and potential trade setup ::: XTZUSD week/candle chart review/outlook ::: BULLS still maintain control ::: noteworthy compression and breakout ::: target is 100% gains after consolidation ::: BUY/HOLD any DIPS ::: market buy / buy dips ::: final TP is +100% gains ::: already on the move ::: overall chart looks good ::: expecting PUMP to last until TP ::: BULLS should get ready to market buy / buy dips ::: we are setting up for a nice move ::: recommended strategy: BUY at market / buy dips ::: TP BULLS is +100% gains ::: SWING trade setup / no fast gains here ::: BUY/HOLD / do not expect miracle gains ::: good luck traders! 🔸 Supply/Demand Zones ::: N/A ::: N/A 🔸 Other noteworthy technicals/fundies ::: TD9 /Combo update: N/A ::: Sentiment mid-term: BULLS/100% gains ::: Sentiment outlook short-term: BULLS/100% gains RISK DISCLAIMER: Trading Crypto, 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.
COINBASE:XTZUSDLong
by ProjectSyndicate
7
XTZ/USD Is Ready to Keep Moving! XTZ appears to be in the midst of a healthy pullback to the uptrend line created over the past month. On the daily, price has just closed above the local downtrend line of the consolidation pattern which suggests that price will, at a minimum, attempt to re test the $5.40 - 5.50 dollar range before likely continuing upwards. Further support for a future breakout of resistance includes the following: (1) decreasing volume during consolidation (sign of a healthy consolidation), (2) intact up trend line, (3) price consolidation above the key support level of $4.53. I will be looking to enter the market around $4.60 with a stop loss just below and a first price target around $5.30 (just below the prior swing high).
KRAKEN:XTZUSDLong
by mdcieri37
4