XTZ/USD 5.25?XTZ/USD broke pattern today. Looking for support around 3.6-3.8. Golden x on the 50 and 200. Looking for a candle in the low 5's, maybe a wick to 5.2-5.5. Who knows?
XTZUSD trade ideas
Tezos Tests Top of Parallel Channel RSI rose to 75 and got rejected, but volume and MACD look promising.
Two (hopefully obvious) outcomes I'm projecting...
Best case... Breaks through the top of the parallel channel.
Worst case... Consolidation and retrace down to $3.60 to $3.80 range.
~J.Crypto~
CONE BROKEN... WAITING FOR RSI TRIANGLE CONFIRMATION - TEZOSIF U LIKED THE IDEA, PLEASE FOLLOW ME ON TRADEVIEW
H&S on the WeeklyXTZUSD is forming a pretty clear Head and Shoulders pattern on the weekly timeframe. As much as I'm hoping it does not confirm this pattern (we still have 6 days left in the candle), I'm not super confident it will break out. The one fundamental that I think could push it out of the right shoulder is their planned bridge to DeFi, and the bringing of around 20 ERC-20 tokens to the blockchain. That could drive a significant price increase, but I'm not sure when that is planned for release or if it will get the attention it deserves.
If we can't close above the 3.40-3.50 range I could very much see a retrace back to the 1.80-2.00 level.
Keep an eye on this one.
XTZUSD Weekly -- Looks Long-ableAdam and Eve on don't know they're naked yet, and they're hoping to party soon...look for price action to follow...
Tezos positioned for its highest monthly closeThe last 6 months have been trying for Tezos holders, but patience might soon pay off. XTZ is currently trading in the $3.50 range, and should it break we could see new all time highs shortly thereafter. If the February close is indeed the highest mark yet, the remainder of 2021 should be electric for Tezos.
XTZThe recent weekly close looked great. Made it to 3.60. Now I'm watching for a weekly close above 3.59 so we can visit 4.24 soon. In the longer term, I want to see a monthly close above 3.25. Get that, and we are going to ATH fast and straight into price discovery. I wouldn't try aand outsmart the market in these bullish conditions. things are about to get soon and very fast
Squeeze Momentum Showing a potential reversalWe need to get over that resistance line for a n ice rise to around 4$.. this is not financial advice. Good luck and have fun
10 day RSI XTZ10 Day RSI on XTZ Has broke out!! This can be significantly Huge with the gains that can follow. Please use a tight stop and I do believe the path to 10$ + is on the way.. Happy trading and like I always say this is not financial advice. Please like and share with friends and support my work with a small coin donation :)
XTZ headed for a fast rise and fall?I'm disappointed that XTZ didn't break out already for an ATH before the new moon. I was still optimistic until this morning when I learned that a whale withdrew 625,000 TXZ worth $2.1 million from Coinbase at 18:36UTC. Now it seems unlikely that we'll see much higher than $3.95 or so as we hit the next high in the current channel. Then I expect a sharp dip back down to $3.08 or so before the new moon. As you can see from the chart, the dip usually precedes each major lunation.
I still have faith in Tezos and expect an ATH soon, but I'd say we'll probably have to wait another couple weeks for the next shot just before full moon.
XTZ H&S LongLooks to me like XTZ, although jumping high up like the rest of the Alt Coins, seems to have met it's match at around the 3.4 - 3.5 mark despite ATH's in the $10 range. It would seem that we will see XTZ likely plummet in the short term due to the H&S formation and the inability to break the upper resistances... If that is the case, and I am positioning myself as if it is, then we can likely see movement all the way down to $1 - $2. I wouldn't expect it to go too far below $1.50 from this level however. There is always the possibility that it goes to sub $1 levels and if that is the case I would highly recommend buying this coin, because not only would it be a good long term investment, it also generate 4-5% APY which can be quite a bit over time!
XTZToday is the weekly close. Want to see this close above 3.25 to continue. I think it looks good but if we fail, we could come back down to 3.05. We would consolidate from there and continue
xtz will pass 3.60looking at the graphs and fallowing the pattern I feel xtz will pass 3.60 and make it to 4 dollars. This is just my prediction from what I have seen looking at patterns. In no way is this financial advice.
This is only an ideaI'm only looking at the trends and seeing a pattern. This pattern puts XTZ at 8.00$. In 2019 before xtz first mooned, there was a period of consolidation followed by a significant gradual increase. After the increase was a small dip right before it took off and increased 145%!
we are currently in the middle of the small dip right before the moon. This is definitely a crypto traders dream and should not be taken seriously. (but whose to stop you from putting in a few tendies just in case ;)
good luck
