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XTZUSDT trade ideas
xtz/usdt retesting the support. May give break outxtz/usdt retesting the support. May give break out.
There is high chance to break the triangle.
Thanks and happy trading.
XTZ ForecastTezos Forecast Basicallu on Elliott waves Principles and Priceaction metod
Buy in 2.30 $
Tezos (XTZ) technical analysisIf zoom out, we can see that the Tezos is moving in an inverted wedge/triangle pattern. There are support and resistance lines/areas which when the price reaches, will bounce off it. Currently, XTZ is moving down, also in an inverted wedge/triangle. The best area to buy is when the price reaches the area near the bottom of the pattern.
Tezos/usdt long term perspectiveTezos has established a nice uptrend, as we can see the price bounced from 0.786 fibo, longterm trend line and support. I expect price to rise from here until it reaches upper band, but first we need to break out above purple box :).
It is not financial advice, I'm just sharing my personal view.
XTZit is forming the trend reversal pattern(head and shoulders pattern). It is good to buy from here.
Short Position at 78.6% Fibonacci RetraceHi traders. A short position at 78.6% for the day trade Is in conforms to the final leg of this broadening triangle, in confluence with the expected BTCUSDT HEAD-AND-SHOULDERS' correction.☕
🔥 XTZ Forming A Bullish Inverted Head & Shoulders PatternSince the major sell-off late last week, XTZ is one of the most volatile assets in the market. A massive bullish push of +60%, followed by an almost 30% sell-off.
This morning, XTZ found support around $4.5 area. This reversal is shaping up to form the second should in an inverted head & shoulders pattern. Conservative investors might want to wait for the pattern to be completed before entering a position. Risk-loving investors might want to consider stepping in now to ride the potential wave upward.
For the remainder of the weekend, BTC and the stock markets seem to be in a relatively good shape due to positive inflation news. I'm quite bullish.
Happy trading!
Xtz 4hrXtz chart looking bullish ,I draw a Elliot wave p analysis.best buying below 4$.Emas resistance
Weekly XTZ RSI in all time lowXTZ RSI in weekly TF is in its all time low and there is a high possibility of trend reversal and going for a new all time high
XTZUSDT `` ALL TIME HIGH POSSIBLEHemi-channel drawn
Not definite.
Should enter trade for LONG from mid-line of hemi-channel.
Price shows bullish momentum.
Xtz usdtXtz usdt looks good but daily candle should break the resistance and close above 6.2 usdt. Then bulls enter into market it will decide the Ath of xtz. Otherwise it will go for little correction.
XTZUSDT is trying to have a breakout 🦐XTZUSDT is trying to have a breakout from the daily resistance and descending channel IF the price is going to have a breakout, According to Plancton's strategy (check our Academy ), we can set a nice order
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
TEZOS (XTZ) - Attempting to break a long draw downI grabbed a small amount of XTZ last dip as it was approaching a zone of interest. It has subsequently seen a nice bounce which has broken from the declining trend marked on the chart. it is currently retesting this breakout and could be worth entry. This rebound is confluent with the 0.68 fib retrace and support zone marked. Note, the trend does not touch that many price points and an alternate trend is marked in the dotted line that is worth paying attention to.
For prudent traders, this is still structurally quite weak so look for entry once it regains the 0.5 and breaks this shallower trend - not a bad idea with the question mark around BTC and wider market right now too. Worth putting on watch list if you don't want to risk entry now. You can see this current rebound stopped at the 0.5, once we regain that 0.5 that will be confirmation for me that buyers have taken over
One for the watch list
#XTZUSDT Daily Chart
After price reached it's all-time high, it ranged in a downtrend from there. It recently moved up aggressively where it broke above the previous lower high leaving a 1h demand zone at $4.29 and an imbalance at around $4.5. MACD lines crossed and is now bullish, RSI is bought and price is back above EMAs. I am looking forward to entering at the 1h demand zone aiming for a new all-time high however i would be looking for low timeframe confirmation once it taps into this area before setting a limit trade.
XTZ getting ready for a move up?This one has been selling off for 52 days and the volume has been dropping for 72 days.
It hit the 2:1 extension from the corrective structure.
It's also at the .618 support from which it has seen no reaction at all so far.
I wouldn't be surprised if this one would take out all the stops at around 4.45 before reversing up.
The market structure is still bearish. Next support below 4.45 is around 4.
I would like to see either a trend change or a long wick that takes the liquidity near that 4.45 level.
I would preset orders with this one.
Let's see how it develops in the coming weeks.
TEZOS trades in Rising Channel and can make 200% net profit soonHello TradingView community and my subscribers, please if you like ideas do not forget to support it with your like and comment, thank you so much and we will start.
Today I want talk with you about Tezos.
You see that tezos trades in big rising channel and now price near middle.
But any way from this levels price can do x3 or 200% net profit.
I think tezos can hit up part of channel around level 15 USD.
I'm hold tezos and think soon this month or so we will see good upward movement.
This is my opinion, I really hope this will be useful for you.
Be ready and take care your money. Have a great profit !
MATIC price reaction (Reason not to trade very short time frame)Some will call this a bullish chart but if you are looking at the 5 min chart on high leverage, you will get REKT!
This is no trading advise:)
