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XTZUSD trade ideas

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.
KRAKEN:XTZUSD
by thehopefulsquirrel
1
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.
KRAKEN:XTZUSDLong
by Marginbuu
4
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. *Follow me for the latest cryptocurrency analyses on my watchlist *Thank you to those who donated, I very much appreciate it. *Let me know in the comment section if you agree or disagree, would love to hear your ideas too.
BINANCE:XTZUSDShort
by CryptoRush_
3
TEZOS (XTZUSD) Buy SignalPattern: Channel Up on 1D. Signal: Buy as the price is testing the Higher Low trend-line of the Channel, following a Death Cross, being on the 0.618/ 1.236 Fib aggregate that previously was a buy zone. Target: 4.500 (Resistance) and in extension 8.500 (Higher High of the Channel Up) TA very successful on previous Tezos signals: ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** -------------------------------------------------------------------------------------------------------- !! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !! 🎉 👍 Shout-out to TradingShot's 💰 top TradingView Coin donor 💰 this week ==> TradingView --------------------------------------------------------------------------------------------------------
Editors' picks
BITFINEX:XTZUSDLong
by TradingShot
30
XTZ is waiting untill the last moment for a real pumpSome altcoins are already in the safe zone, like ethereum and some others, although xtz is being held firmly in the killzone to keep the holders and leverage traders in anxiety, there is no logical reason for this, it's a just a panic effect and whale manipulation together. It is only a matter of time before XTZ will reach for 2.50, I expect this to happen just before of just after the american presidential election. XTZ is a really technically sound cryptocurrency, far better than link and some others tokens and cryptocurrencies in the top 10.
KRAKEN:XTZUSDLong
by Marginbuu
XTZ to see down breakout(1D) | Head & Shoulder Pattern completedMarket in last 1 week XTZUSD saw a sideways movement with the price increase followed by a decline Price volatility was very high. The market moved ~11.24%, between $2.268 and $2.038 Today’s Trend analysis XTZUSD expected to see a breakout downtrend as the Head and Shoulder pattern is completed with the volume confirming the pattern completion Price at time of publishing: $2.0977 XTZ’s market cap: $1.569 Billion Oscillator indicators are mostly neutral. RSI at 42 Moving average indicators are biased towards a downtrend. Ichimoku Cloud is neutral and Hull MA indicates a selling opportunity Volume indicators saw a decrease in volume with price increase while an increase in volume observed with a price decline, with the total volume being below the 20-candle moving average Price expected to see a breakout downtrend as the Head and Shoulder pattern is completed with the volume confirming the pattern completion. Most of the Oscillator indicators are neutral. MACD line moving above the signal line with histogram size decreasing in the positive region, suggesting a bullish bias. RSI at 42, below the midline in the neutral region. CCI is around -112, in the oversold region indicating a downtrend. Another interesting point to notice here is that volume saw a decrease in volume with price increase while an increase in volume observed with a price decline indicating strong selling pressure. ---------------------------------------------------------------------------------------- The analysis is based on signals from 28 technical indicators, out of which 17 are moving averages and remaining 11 are oscillators. These indicator values are calculated using 1 D candles. DM to get details of the above analysis and list of indicators & their values used to arrive at the above conclusion. Note: Above analysis would hold true if we do not encounter a sudden jump in trade volume . ---------------------------------------------------------------------------------------- If you find the analysis useful, please like and share our ideas with the community! - Mudrex
COINBASE:XTZUSDShort
by Mudrex
4