XTZUSDT trade ideas
DEMAND ZONE , POSSIBLE BREAKOUT AND RALLY ?
Hello Traders
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- Looking into XTZ at 1D time chart, price action is respecting our strong non horizontal support ( area of value ) , meanwhile XTZ is trading inside an descending channel since 4 October 2021 , obviously sellers has lost their momentum
by making a new lower lows , since then buyers have strong interest buying on this of level support marked in green 2.2$ ~ 2.6$ , price bounced back many times strongly from that support suggestion that buyers are willing to take the
price higher and have steam for another rally , buyers will protect this level in case price bounced back.
- I would like to see buyers breaking the descending resistance trendline of this channel 4.2$ - 4.5$ ( Trigger ) with a good amount of buying pressure volume taking the price higher towards resistance level 5.7$ by then we will have
confirmation after breakout which will confirm our valid scenario, meanwhile XTZ is still in bearish mode trading inside the channel if buyers failed to break the descending trendline , price could bounce back to level support marked
in green or even consolidate.
Good Luck Traders!
TEZOS TA : 02.26.22 : $XTZ : +35% ✅As you can see the price after reaching and returning to The Bullish Order Blocks reacted positively and increase more than 35% . the Next targets are $ 3.9 , $ 4.32 and $ 5.36 .
All the supports and resistances are marked on the chart and everything is clear in this analysis , but , just in case , if you had any questions or doubts Please feel free to ask in the Comment section .
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⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 26.Feb.22
⚠️(DYOR)
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XTZUSDTGiven the good news and also mentioned on social media, I can suggest a step for point buyers, but the $ 4 resistance is very important, and if the price goes up quickly and changes a little, the $ 5 resistance is easier. Will break. Becomes. And I'm even thinking about the $ 6 target, but if the $ 4 price tag shows a lot of boredom, we will have a correction from $ 5, and it can range above $ 5, depending on market conditions.
DISCLAIMER:
This is not financial advice! This is an opinion-based show. I am not a financial adviser. Please only invest what you can afford to lose, and we encourage you to do your own research before investing.
everyone should buy and sell according to their own strategy.
Everything you need to know is outlined in the chart and keep in mind that we are moving forward with probabilities and the analysis may be wrong so take capital management seriously.
Update For XTX/USDT Analysis 📈📉What's up Guys , in this analysis I gonna talk about TEZOS!
As we see on the WEEKLY timeframe for XTZ/USDT ,since it has reached highest price $9.171 ,
it hasn't successful to rise again and record a new ATH ,now by retracement of last bullish wave ,it recently reached
to 0.236 fibo level , after its recent downfall tried to close above pivot zone but the selling
pressure pulled it back below this range which is now a resistance zone , but its still above
its strong support zone and can have a growth to higher resistance levels and even top ascending trend line .
but otherwise in view point of price action, if it not be able to maintain current support level and trendline ,
it maybe drop again to lower support area . in another case maybe being in side way for while ,
and fluctuate between higher and lower volume ranges zone .
🛑resistance level: $6.42 -$6.7/// 5.2$-5.55$///trenline
🆚pivot zone: $4.2-4.4$
❇️support levels: $2.8-3.2$///$2-$2.18///$1.456///trenline
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XTZUSDT Analysis (LOCAL VISION)Hello friends.
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Everything on the chart.
Since we have received a beautiful upward impulse and are now in a correction to it, there is no doubt that we will update the local top.
2 options on the chart, I tend more towards the yellow option, but if bitcoin shows a complication with the 40k test, then xtz will also adjust to the ~3.5$ and only then will show growth.
Entry: market and lower
Target: 4.5 - 4.9 - 5.3
Stop: (depending of ur risk). ALWAYS follow ur RM .
risk is justified
Good luck everyone!
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It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
DCA this Oscillator - XTZLong Zone
3.5 - 3.3 $
Target
4.3 $
5.5 $
6.0 $
7.5 $
SL 2.9 $
The price is under the C wave of ABC correction and reaching the 0 fib extension level which also coincides with the recent low at 3.3 $
RSI and Vol are low so a 3.3+ $ range is expected and this is where we should long.
XTZUSDT , 1W , 15.02.22Hi guys
Just take a look in long term for XTZ.
we have an important resistance around 4.3, to see middle of channel (around 5.6) should stay above 4.6.
EMA200 at Daily time frame place on 4.6 which make the price more important.
we will follow patterns in lower time frame as soon.
15.02.22
DYOR