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XTZUSD trade ideas

Will XTZ recover ?XTZ is trading in an ascending channel (Log Chart) since February 2020. Both trendlines was tested several times in the past. There are many multiple factors that affect all markets last days or weeks, like events on Canada, Biden’s crypto executive order or Russia – Ukraine conflict, etc. At the time of writing this report, XTZ is trading at $3.17, a further drop to $3.00 – 2.54 is possible, but not certain. A trendline breakdown, at its own, is not the proof of reversal. A break and close below the in the 1W TF may result in a deeper breakdown to $2.10. In the long run, with the current situations there is no worrying signs for a bearish reversal in the market. For long positions: Take profit targets are: $13.21, $15.73, $19.81 Stop loss or alerts below previous week or month low depending on your time horizon. In any case R/R ranges from 8.39 to 21.77. Consequently, it is a worthwhile trade/investment. Resistance zones in a new update. If I help you with your trading plan, like, follow me for more ideas & in my social media for more updates in the crypto market.
KRAKEN:XTZUSDLong
by Rhaonnor
Will XTZ recover ? Part 2XTZ bounced on support at relatively high volume, while yesterdays green candlestick is bullish sign at least in the short term. If you don't bought the dip, you may enter the market in the next correction. The most obvious scenario is that price will rejected near the bearish trendline and return at the bullish trendline. Trading is a probability game. There is no perfection in that. Market is unpredictable. Stay to your plan. Do not panic sell. Not financial advice. DYOR.
KRAKEN:XTZUSDLong
by Rhaonnor
XTZ is expected to rise from the bottom.The following are machine translations: The overall trend in history fluctuated upwards. Every time the deep pullback to the rising trend line can almost stop falling and rebound. This time is no exception, touching the trend line and rebounding. Uptrend lines can be viewed as a bottom for each deep pullback. Here the uptrend line and the downtrend line form a triangle pattern. At present, it has broken through the triangle pattern, and the bottom has risen. Multiple single layouts are possible.
COINBASE:XTZUSDLong
by LochubT
Modern Problem Requires Organic GrowthHello cryptospace, today I'm gonna share my idea about tezos final consolidation. As we can see on daily chart that $XTZ all time high was around $12 on Dec' 17. So from my point of view the biggest problem with $XTZ is its inability to generate a new ATH since 2019. But if we take a look back, Since Jan'22 low, we can see bearish divergence indicator as $XTZ capability to maintain its higher low as seen in both rsi divergence and obv oscillator. So I'm expecting $XTZ final rally could only make a lower high compared to Oct' 21 high. Finally, a healthy correction will likely take place which sub $2 could be the worst scenario. This is not a financial advise, so do your own due dilligence before you make your own decision.
COINBASE:XTZUSD
by UnknownUnicorn34896114
2
XTZUSD D1: 350% gains BEST LEVEL TO BUY/HOLD(SL/TP)(SWING)Why get subbed to me on Tradingview? -TOP author on TradingView -2000+ ideas published -15+ years experience in markets -Professional chart break downs -Supply/Demand Zones -TD9 counts / combo review -Key S/R levels -No junk on my charts -Frequent updates -Covering FX/crypto/US stocks -before/after analysis -24/7 uptime so constant updates 🎁Please hit the like button and 🎁Leave a comment to support our team! XTZUSD D1: 350% gains BEST LEVEL TO BUY/HOLD(SL/TP)(SWING) IMPORTANT NOTE: speculative setup. do your own due dill. use STOP LOSS. don't overleverage. READ ENTIRE IDEA BEFORE EXECUTING. 🔸 Summary and potential trade setup ::: XTZUSD 1days/candle chart review ::: updated outlook still valid today ::: CORRECTION MODE next 1-4 weeks ::: correction just started not OVER ::: chart is LOG SCALE ::: get ready to BUY LOW later ::: BUY LOW later ::: entry - after 30% CORRECTION ::: up to 350% gains possible later ::: short-term pullback/correction ::: SPECULATIVE SETUP ::: do your own due dill ::: and use proper risk management ::: TP bulls is +350% gains ::: details: see chart ::: FINAL TP is 350% gains ::: recommended strategy: BUY/HOLD after pullback ::: TP BULLS +350% gains ::: SWING TRADE: BUY/HOLD IT ::: bull run not over yet ::: good luck traders! ::: BUY/HOLD and get paid. period. 🔸 Supply/Demand Zones ::: N/A ::: N/A 🔸 Other noteworthy technicals/fundies ::: TD9 /Combo update: N/A ::: Sentiment mid-term: BULLS/REVERSAL/350% GAINS ::: Sentiment short-term: PULLBACK/CORRECTION NOW 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.
BINANCE:XTZUSDLong
by ProjectSyndicate
25