XTZUSDT: RISING WEDGE, SIGN OF PREVAILING BEARISH TREND?Hello Enthusiast Coin Addict! Here's short-term outlook for XTZUSDT , Support the Channel by smashing the FOLLOW and LIKES Button, then Share your opinion on the Comment Section below :)
*XTZUSDT is breaking out of the Rising Wedge Pattern
*Breakout of Rising Wedge Pattern could indicate a potential bearish movement in the near future
*MACD indicator already crossed below the zero level area, that signify the potential stronger bearish momentum may remains ahead.
The roadmap will be invalid after exceeding the resistance/target level
*DISCLAIMER:
This isn't a recommendation to buy or sell cryptocurrency, only an Outlook from technical perspective.
XTZUSDT trade ideas
XTZUSDT Analysis (LOCAL VISION)Hello friends.
Please support my work by clicking the LIKE button👍(If you liked).Thank you!
Everything on the chart.
Nothing has changed from my last idea.
Entry: market and lower
Target: 6.4 and 7.4
after first target reached move ur stop to breakeven
Stop: ~3.7(depending of ur risk). ALWAYS follow ur RM .
Risk/Reward: 1 to 3
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.
XTZUSDT long term. XTZUSDT long term.
We will wait for a return to RLZ (blue rectangle), and a cross on WilliamR (the white line must cross the red line upwards).
For the sell zone, we can hope to at least go for the old ATH, if not more. Impossible to have a clear idea as long as we haven't put a real bottom.
TEZOS 4HTezos, after reaching its historically maximum mark, made a fall of about 50% !!! And during the month it moves more in flat movement, without gaining a stable trend. Now the Tezos price is at a very strong support level! You need to understand that this cryptocurrency is at the top of the world crypto market ranking. And often follows the trend of Bitcoin! Which has now also touched a strong lower price zone from which it made a reversal and begins to rise. I think this reversal will be the beginning of a growing cryptocurrency trend !!!
XTZ (Tezos) Coin Analysis 15/03/2021Fundamentals:
Tezos 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.
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.
Although staking is common across blockchains, Tezos has a unique twist on this process. Participants can get involved with the network’s governance through “baking,” where they effectively stake 8,000 XTZ. This creates a financial incentive to act honestly.
Bakers are then tasked with voting on proposed changes to the blockchain’s code in a four-step procedure that takes approximately 23 days. Proposals that receive support from the vast majority of participants are put through their paces on a testnet for 48 hours and are fully implemented if they are backed by a super-majority.
Tezos is also unique because of how it has started to be used by high-profile businesses. In September 2020, it was announced that the French banking giant Societe Generale planned to use this blockchain for experimenting with a central bank digital currency.
Big cryptocurrency exchanges such as Binance and Coinbase have also unveiled support for Tezos staking, meaning users can receive rewards based on the XTZ that they hold. This is not a feature that’s seen too widely across digital assets.
Arthur Breitman was the man who wrote the Tezos white paper — and in a nod to Satoshi Nakamoto, he wrote his works under the pen name L. M. Goodman. He argued that one of Bitcoin’s biggest failings was the lack of a governance process that invited contributions from the community who use the network — as well as the fact that new tokens couldn’t be issued through this blockchain.
He and his wife Kathleen founded a startup called Dynamic Ledger Solutions which was tasked with writing the code that would underpin the Tezos protocol. This company was subsequently purchased by the Tezos Foundation to ensure that it owned all of the intellectual property rights relating to the network.
Technical Analysis:
there exist a Hidden Bullish Divergence with MACD Histogram which is the sign of trend Continuation,
there are total of 3 Targets Specified By Fibonacci Projection, where as the 3TP gets its confirmation as the price Triggers the 2 TP followed by Price Correction.
XTZUSDT AnalysisHello friends.
Please support my work by clicking the LIKE button(If you liked).Thank you!
Everything on the chart.
open pos: market and lower
target: 6.4 and 7.4
after first target reached move ur stop to breakeven
stop: under 4(depending of ur risk). ALWAYS follow ur RM .
riwk/reward: 1 to 3
risk is justified
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
XTZ can Be Bullish Here is Why.Hi every one
TEZOS / TETHERUS
XTZ is In a Big Broadening Wedge Pattern. This Means The Price Can Range Between This Pattern Freely Until a Break out Happens.Now The Price is at The Bottom of This Patter So There is a High Chance For Bullish Movement To Happen Soon. The Resistance Is Shown on The Chart.
This is only an idea and not a financial advise ( NFA )🔴
💎Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Thank you for seeing idea .
Have a nice day and Good luck
TEZOS Daily TA : 01.04.22 : $XTZ🟡 Results so far (HH) : +13% 🔥In less than a day ...
All supports and resistances are marked on the chart. As we can see, the price is in an important range and recommended to keep an eye on it ...
Follow our other analysis & Feel free to ask any questions you have, we are here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 04.Jan.22
⚠️(DYOR)
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