#XTZ $XTZ TEZOS !!!
Eyes on Tezos on this Trendline breakout on Daily ! Beware of fakeout and retest of the Key Demand Zone before Advancing to upside !
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XTZUSDT.P trade ideas
XTZUSDT short setupXTZ is looking short term bearish, on the daily timeframe market has rejected the descending trendline with a strong wick and formed a nice double top at resistance. On the 4hr timeframe market has just broke below the corrective 4hr trendline, however market is currently at the horizontal 4hr support we will be waiting to see if the 4hr candle can close below this level of support and form a new lower low if it does we will execute or short on the retest.
will XTZ/USDT start to increase soonHi every one
TEZOS / TETHERUS
XTZ/USDT is in a falling wedge now and the pattern has not been broken yet so there is still a great chance that the price would still range in this pattern but a break out is expected soon. so when it happens the price can reach the top of the falling wedge once again (4.5$) but we can not make decision until the break out happens
Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Thank you for seeing idea .
Have a nice day and Good luck
XTZUSDTEverything on the chart :
If the candle broke the trend open long trade
2.76 -2.753 zones will be good
If we didn't break the trend then we are going to 2.63 areas
2.63 zones will be good for a long trade
!!!NOTE!!!
"You are the one who puts your own exits depends on the charting, not me "
Trade safe 🤝
Next levels - XTZRetest of bearish trend,
Strong resistances in black lines,
Move down now or another swept high...
XTZ Gave me goosebumps :))hello traders and investors.
in monthly time frame touched the trendline and then supported, in weekly time frame supported as well.
It's ready to explode.
interesting fact XTZ is one of Redbull racing sponsors and Redbulls are leading both constructors and drivers' championship standing in Formula 1.
means XTZ will be known among fans.
it is not a piece of financial advice always do your own research.
XTZUSDT (Tezos) - Coin of the Week Tezos is a blockchain network that is similar to Ethereum in that it is built on smart contracts. However, there is a significant difference: Tezos aspires to provide more advanced infrastructure, which means it may develop and improve over time without the risk of a hard fork. Since their inception, both Bitcoin and Ethereum have suffered from this problem. People who own XTZ can vote on protocol upgrades proposed by Tezos developers.
This open-source platform claims to be "safe, upgradable, and built to last," and claims that its smart contract language delivers the precision needed for high-value use cases. Tezos claims that its methodology makes it futureproof and that it will “remain state-of-the-art far into the future,” implying that it can adapt to changes in blockchain technology.
Technically, on the big timeframe XTZ finds itself like all the big market cap cryptos in a weekly downtrend. If we look on the 4h timeframe we see a structure that has a high probability of going higher to retest at least the resistance area marked on the chart. However, we advise caution because we are in a big downtrend, this up move can be corrective and the next big move can be sharp and fast to the downside.
Trade with care.
Best regards,
Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
xtz/usdtxtz is in a rising wedge , forming a reverse H&S , and i think we drive us near at 3.2$
Thanks friends , trade safely
🔥 XTZ Long-Term Analysis: Big Upside PotentialWith the market in turmoil, it might be a good idea to start looking at long-term trades. This time, we're looking at XTZ.
XTZ has not been doing great this bull-run, not even making a +450% from the March 2020 low to the May 2021 high. However, we can see a clear bullish channel pattern emerge on the weekly time frame. Every single time the bottom trend line has been hit, a major bullish push has followed, leading to often great returns.
Potentially, the same could happen now. In case the price will push towards the current ATH this is a potential +194% trade. However, there's a chance that the price will touch the bottom trend line again in case BTC will fall back to 28k, so keep a close eye on BTC's moves.
Happy trading!
XTZ 6.30.21Play a long term bag and a short term bag. Anytime it hits the bottom buy, anytime its close to the top start to take profits. XTZ is the easiest coin to play as i dont see it exploding just yet but eventually it will go just like BNB
Tezos (XTZ)|a massive bullish setupDifferent support and resistance levels:
On the day we timeframe chart, we can observe the different support and resistance levels. At the top, the price action has found strong resistance at $8 and after being rejected by this level it has moved down at the support of $2.30. From here the priceline of Tezos is likely to have another bounce. Now the priceline of XTZ has the different resistance levels to be broken out. 1st we have at $3.20 then $4.50 then $5.50 and then $7 and $8 will be the final resistance.
Re-entered the pennant:
On the same daily time frame chart, It can be also noticed that the price action is moving in a pennant. On the 22nd of June, there was a drastic drop in the complete market and the price action of XTZ followed the market trend in broke down the support of the pennant for a while. But this was a fake-out and the price action of XTZ has re-entered the pennant and moving to the upside to make another attempt for the breakout. If the price line will be able to break out the resistance of this pattern then the next target can be e the tail of this pennant. Which is approximately $4.40.
Big bullish Shark move:
On the weekly time frame chart, XTZ has formed a bullish harmonic Shark pattern. The buying area is too wide therefore I would recommend using $1.80 as stop-loss because here we have very strong support.
The buying and sell targets of this pattern as per the Fibonacci sequence are:
Buy between: $2.26 to $1.80
Sell between: $3.69 to $6.78
As per the above targets, this trade has a big profit possibility up to 276% and a loss possibility is up to 21%.
Conclusion:
If the price will break out the resistance of the pennant on the daily time frame chart, then it can lead to the execution of the bullish Shark pattern that has been formed on the weekly time frame. And once the price action of XTZ will be reversed bullish from the big pattern of bullish Shark then it can make another attempt to break out the final resistance at $8.
$XTZUSDT - Must close above 2.7Hello everyone!
There is a strong resistance at 2.7, must close above to hit $3.
$3 is a decisive level for XTSDUSDT
