XTZUSDT trade ideas
Double Bottom Play on XTZHi everyone, I hope you are all doing well.
I am obsessed with low risk high reward spots. XTZ seems to be providing us with a potential opportunity. This is a low probability play, but the reward is well worth it. XTZ both likes to bounce from oversold RSI levels on the daily, and also is more prone to double bottom with its price compared to other coins. It could be shaping up to form its weekly higher low.
Currently, BTC is roughly 3% away from its $55,600 low it made a few days ago, while XTZ is about 8% from its low. This increases the likelihood of a double bottom bounce for XTZ as it will have some extra wiggle room to work with even if BTC price breaks down below $55,600 for another leg. Finally, the 200 day simple moving average is at $4.725 as an extra layer of support.
Initial entry: $4.711
Second entry: $4.599
Stop Loss: $4.579
Take profit: Just below the $6.50 resistance zone and 50 SMA cluster.
$XTZ Tezos near buy-zone! Tezos is an open-source platform for assets and applications backed by a global community of validators, researchers, and builders.
Rank 44 atm.
Depends on BTC if the correction is over.
Healthy correction and finds support, good moment for a buy IMO.
Good luck! Take profits on the road or sit on your hands.
Feedback welcome!
DYOR and please let me know what you think.
XTZ/USDT-1D-BINANCEThis is not a financial advice. Always do your own research and always put stoploss in your trade (SL) :) If you want more detailed info
how to study and read charts or just need help with some coin, just write to me here a comment, i will try to answer to everybody...
i can help you :) all for free, don't worry, BE HAPPY!
XTZ / USDT (1D)Ichimoku cloud and fib support around 0.786 (blue box) held nicely giving a continuation signal with higher low swing and the current trendline intact. C-Clamp (divergence) pattern forming alongside a crossover on lower band Stoch RSI makes this a medium risk play.
If the trendline is broken from of a lower low swing, de-risk by reducing position is an option but I'm prepared to hold through some volatility . I expect fib resistance around 0.786 (red box) and suggest taking profits around $8, then $9 before leaving remaining hold for price discovery .
₿ TEZOS 1W ₿ : 16.Nov.2021 (XTZ)TEZOS is currently price correcting and the most important support for this crypto is in the range of $ 4.78 to $ 5 ...This important PRZ is a combination of the bottom of pitchfork support and the Golden Fibonacci ratio (61.8) and the key static support that we expect the price to return from this range and start rising again.
Follow our other analysis & Feel free to ask any questions you have, we are here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @Ar_M_An_4
📅 16.Nov.2021
⚠️(DYOR)
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: 8 - 9.5 - 11
after first target reached move ur stop to breakeven
stop: ~5(depending of ur risk). ALWAYS follow ur RM .
risk/reward 1 to 3
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!
Will be very APPRECIATE FOR UR DONAT/coins :)
Open to your questions or suggestions(Looking for investors!).
XTZUSDT🔵 CYCLE 🔵 *#RoyalQ*
Buy *XTZ/USDT* at Current Price: $5.928
Potential Profit Target (PPT) =>
*Trade settings*
First buy: 20
Margin call limit: 7
NO Dip Calls Multiplier Buy in
1st call: 2.50% 0.5 times
2nd call: 3.00% 0.5 times
3rd call: 2.70% 1 times
4th call: 3.50% 0.5 times
5th call: 2.50% 1 times
6th Call: 3.70% 1 times
7th Call 2.5% 1 times
Total 20.4% $130
Change Mode from Cycle to One-Shot after 5th Call/Profit or when price is near $6.800 or Set profit target at 10% (One-Shot)
🔥 XTZ Long-Term Bullish Channel UpdateAround a month ago, I made an analysis on XTZ and the long-term bullish channel it was trading in.
Since then, XTZ has indeed bounced off the channel top resistance and has been trading down ever since.
By the looks of it, there's a decent chance that XTZ will continue to move downwards in the near future. In that case, I'd be looking at the purple reversal area for a potential bounce.
Happy trading!
XTZ Cup and HandleHello everybody,
After doing some technical analysis on XTZ, it looks like it is printing a Cup and Handle. The cup and handle is one of the most bullish indicators. I would like it to first break this resistance at the top of the cup and after that ATH is imminent. Expect a move within the next week