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Tezos / TetherUS PERPETUAL CONTRACT

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XTZUSDT.P trade ideas

XTZUSDT: BREAKOUT SYMMETRICAL TRIANGLE, ALTCOINS SHORT SIGNAL?Hello Enthusiast Coin Traders! Here's short-term outlook for XTZUSDT, Please give us the thumbs up and support the channel by Smashing the FOLLOW button :) XTZUSDT has broken out of the symmetrical triangle pattern. Breakout of symmetrical triangle pattern indicates the possibility of bearish movement. The momentum indicator is crossinng below the zero area, it signify the potential downward movement to the target area. The roadmap will be invalid after exceeding the resistance/target area. DISCLAIMER: This is only an outlook, not a recommedation to buy or sell the cryptocurrency.
Short
by financialfreedomgoals101
#XTZUSDT Daily Chart After reaching the 4h supply zone and getting rejected heavily from it twice, price is now ranging in a symmetrical triangle. Indicators are not showing clear directions as we would have expected, MACD is showing mixed feelings and RSI is at 50% with price sitting on EMA ribbon. I expect price to reach the 1h demand zone before moving upwards again. However if a breakout occurs from the support line we would be expecting price to reach $3.916 and $3.088 respectively.
by saviour25
XTZ Quick Short after run upAfter significant run up, XTZ appears to have met resistance and could not hold above $6.92, which was the most recent previous rejection level on the 4 hour chart. 30 minute MACD appears to be on the decline and volume levels at this price are low comparatively (potentially indicating low appetite for entries at this level). Watch closely for reversal back upward if volume returns. Targets: 6.77 (top of range on 30 minute chart for previous rejection - top of red box) 6.67 (bottom of range on 30 minute chart for previous rejection - bottom of red box) 6.54 (previous support level for most recent run - mid blue line) 6.45 (volume/price based average support - red line)
Short
by MtnMarathoner
2
TEZOS / TETHERUSTezos is a blockchain network that’s based on smart contracts, in a way that’s not too dissimilar to Ethereum. However, there’s a big difference: Tezos aims to offer infrastructure that is more advanced — meaning it can evolve and improve over time without there ever being a danger of a hard fork. This is something that both Bitcoin and Ethereum have suffered since they were created. People who hold XTZ can vote on proposals for protocol upgrades that have been put forward by Tezos developers. To learn more about this project, check out our deep dive of Tezos. This open-source platform bills itself as “secure, upgradable and built to last” — and says its smart contract language provides the accuracy that is required for high-value use cases. According to Tezos, its approach means that it is futureproof and will “remain state-of-the-art long into the future,” meaning it can embrace developments in blockchain technology. The technology underpinning Tezos was first proposed in a white paper that was released in September 2014. After a series of delays, the Tezos mainnet launched four years later. Forming head and shoulders technical pattern target/ 12
by OMARALREEFI
XTZ/USD - Massive strength in Tezos price action! Bullish.China FUD, market dumps -10%... Tezos? It pumps 20%. This is a show of strength and I don't think Tezos will stop until it reaches the true test at around $9. There are a lot of converging lines around that area, including a Fib 78% extension. I'd be surprised if Tezos can break that. See my macro view on Tezos (linked below), this line is our resistance since forever. So best to secure profits once we get there. For now bias is very bullish and I see Tezon pumping higher, China can't stop this or anything. I am not sure what is pushing price higher and higher... but it's working. :) Volume is up on this move higher too... another show of strength for this. Not much else to add, enjoy the pumps. Like and follow if you liked this idea.
Long
by DU09
2
Tezos to breakout again ?#XTZ Tezos is forming a saucer bottom . Which is a classic reversal/bottoming forming similar to a cup and handle formation The neckline is around $8 and could take us to $20 on the measured move break out over the coming weeks/months ahead . Be patient, this is a multi month pattern so don't expect to get there in one green daily candle and don't expect it to become invalidated with one red candle on the day . There is also hidden bullish divergence on both the rsi and macd indicating a continuation to upside on the short term steepening trend !!! like if you guys want more setups like this !!!!
Long
by Olutobi-Ogunsemore