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XTZUSDT trade ideas

XTZUSDT!! Longterm Bullish XTZ/USDT! Current Price: 3.135 Day Chart Pattern: Falling Channel Weekly Trend: Ascending Triangle Possible trend: Short Term Retracement Pull back to establish Reversal Divergence Possible trend: Long Term Bullish Divergence: Reversal Divergence on Daily Chart Possible Entry: 2.7 - 2.9 Resistance: 4.1 Long term Targets and Resistance 1. 5.4 2. 7.1 BLUE SKY BREAKOUT Possible Targets 3. 9.0 4. 15.7 5. 25.4 May Never Happen 6. 40.2 May Never Happen Stop Loss: Base on a Daily Candle Close. Support 1: 2.7 Support 2: 1.9 Support 3: 1.5 Please remember to DYOR and this is not financial or investment advice. It's my targets for the market at this moment. Please let me know what you think of my technical analysis and thank you.
Long
by DJ123
#XTZUSDT Ready for 250% Rally. Trade Setup Here. Welcome to this Trade Setup on XTZ. If you are reading my updates for the first time, make sure you follow me if you want the most complex charts Explained in the most simplified manner. I also post margin and futures trade setups. Now, let’s get to the chart. XTZ is currently trading at around $3.40. As per fractals, every time XTZ hits the lower support trendline we have seen 8 to 12 weeks of the bullish rally in XTZ. Besides, it's trading above the important MAs and multiple indicators are showing signs of bullishness. So this will be my trade plan:- ENTRY:- Accumulate between $2.5 to $3.4 (On spot) For leverage :- $2.82 to $3.27 TARGETS:- $4.67 $5.33 $6.82 $7.21 $8.55 $9.76 Stop Loss:- $2.39 The chart looks promising and can pump almost 250% in 2 to 3 months. Just keep in mind if you are planning to trade with leverage, make sure you enter on the correction. Please do your own research before taking this trade. This is not financial advice. Also, let me know What you think of this trade? Do share your views in the comment section and do not forget to hit the like button. Thank you #PEACE
Long
by Cryptorphic
7
Tezos Joins the Metaverse Race. How Does it Compare to Others?Tz1and, a metaverse project based on the Tezos ecosystem (XTZ) has been slowly gaining some traction lately. Is it an early stage project worth investing in? A look at how it stacks up against the other major metaverse platforms out there. Project - World Explorer? / Decentralized? / Selling Points tz1and - Yes / Yes / Support of artist communities and indie creatives Decentraland - Yes / Yes / Most support from business and corporate organizations Sandbox - No / No / Celebrity attention and media hype, strong financial performance in 2021 Monaverse - No / No / Professionally designed and curated metaverse projects Cryptovoxels - Yes / No / Runs on mobile, one of the oldest metaverse projects out there As mentioned before, the metaverse and Web3 projects are all still in its early stages so anything could happen. But it's good to know what's been happening, either way. www.tz1and.com
Long
by RyanTanaka
5
Tezos (XTZ) Completes its Ithaca 2 Upgrade. What's Next?This event largely went unnoticed by the media, but Tezos (XTZ) underwent a major upgrade to their protocol as of this week. The upgrade deals mostly with scalability issues - as the oldest Proof-of-Stake system in the market, XTZ arguably one of the most technically advanced blockchain platforms in the world right now. In the early days of the crypto industry Tezos decided to go straight into Proof-of-Stake instead of with Proof-of-Work like the others did. (Technical superiority doesn't always translate into business success but it is worth pointing out that XTZ is already where ETH is moving towards right now.) The recent Ithaca 2 upgrade includes: - Increased throughput (faster transactions times) - Lowers requirements for node staking from 8000 Tez to 6000 Tez (roughly 20-24k. ETH node requirements are 100k+) - Improvements in privacy, security, and better compatibility with zero-knowledge proofs/rollups/sharding methods overall I do think that Tezos is an underrated project right now since the project has been dealing with real-world use cases in the Proof-of-Stake model that coins like ETH, DOGE, and BTC have yet to face - potentially creating an opportunity for a leap-frogging event to occur. The chain also has the advantage of having attracted the attention of artist communities around the world (Hic et Nunc, https://TEIA.art, hen.radio), many of whom were gentrified out of ETH's ecosystem due to high gas fees, which shouldn't be underestimated since attracting users is often the hardest thing for platforms to do. This puts Tezos in a very good place in the next few years as the race for #NFTs and metaverse projects starts to ramp up - these products will be judged by their artistic quality, and the platform with the highest concentration of artistic talent will likely win. Anything could happen so everything is still TBD, but the race may have just gotten much more interesting as new contenders for #Web3 relevance continues to grow.
Long
by RyanTanaka
Back in tezos from USD after call signalToday gives a buy signal on Tezos after the sell at $6 and a few DCA signals on run down. With the recent network upgrade and the bullish sentiment in the market at the moment this is a good opportunity to get back in after exiting the position previously at the $6 range. It is worth noting though that the bitcoin and Ethereum pairings still favour being in those rather than Tezos at this point in time. If however you are only interested in the USD pairing then this by signal is a good one. The risk is in the high range and the price is already 14% from the base but with the strength in the current market conditions I would place more value on the buy signal and maybe adjust position size with some percentage of caution based on the those.
Long
by Cryptodontrading