XTZUSDT trade ideas
XTZ great increaseAs I said in the previous idea XTZ is necessary to break the green resistance line to increase the price.
The chart shows that the green line is both a bear trend channel line and a falling wedge line.
It can also be seen that the price is currently trying to bounce off the blue trendline and break the green resistance line, and that the RSI has bounced off the orange ressistance line.
I am bullish and I think that today during the day the price will break the green resistance line and go significantly up.
For long
TP1: 7.400 (0.786 Fibbonachi)
TP2: 9.080 (1 FIB)
TP3: 11,000 (red resistance line)
TP4: 13.600 (1.618 FIB)
Disclamer: This is not financial advice.
You trade at your own risk.
XTZ/Tezos looks super bullishIt seems that XTZ just finished its wave 2 on a 4h time frame that would lead to a snowball of waves 3. As you can see it looks like it completed à triple combination and wave 2 would end up perfectly at 78.6% of wave 1. Not only that but the last move would be perfect ratios too since Z would be 78.6% of Y and C would be 123.6% of A.
For those that are not familiar with Elliot you could also see a beautiful bullish wedge.
I would wait for further confirmation with a breakout of the upper channel and would be completely bullish as soon as XTZ trades above the last "X" at 7.432.
XTZ 8H : BEST TIME TO BUY AND HODLHello Everyone, If You Like The Idea You Can Support With A Like And Comment .
Keep In Mind ❗
🟣 Purple structure -> Higher TimeFrame Structure.
🟢 Green structure -> Daily Structure.
⚫️ Grey structure -> 4h Structure.
🟡 Yellow structure -> <4h Structure.
Important : Please Use RM (Risk Management) and MM (Money Management) If You Decide To Use My Ideas, There Will Always Be Unprofitable Ideas, This Will Definitely Happen, The Goal Of The System Is That There Will Be More Profitable IdeasXt A Distance.
🔥 XTZ Long-Term Bullish Channel: UpdateOver 2.5 months ago, I made a long-term analysis on XTZ and the bullish channel it has been trading in since it's inception.
It appears that investors were watching the exact same channel. Since the price touched the upper resistance of the channel, XTZ has seen a bearish move to the downside.
Assuming that the price will follow the channel in the coming weeks, I'm expecting a move towards the green reversal area. This would also be the area where potential investors will be stepping in again.
However, I'm aware that the current market outlook is overly bullish. So there's a decent chance that the price will never reach this reversal area. In case of a bullish move, I'm looking for a break out of the channel and the re-test following that break out. A positive re-test would be a great signal for the price to continue going up.
Long term bullish target: $20.
Happy trading!
XTZ 🤑🤑 ALL THE WAY🚀🚀Another BULLISH moment for one of the most potential altcoin. I personally hope for a BULLISH trade, but if things goes sideways, I believe it take a fall to the bearish potential target before picking up for BULL.
And plz always remember proper risk management for proper trading. A good trader trades with strategy and great risk management, wish you luck
XTZUSDT opportunity for longXTZUSDT break falling wedge yellow line, which is a bull signal.
Now breaking descending broadening wedge (white line)
After that, there was one more step left to break the green local resistance line.
After that I think the price can reach the new ATH red resistance line.
Target 10,500.
Disclamer: This is not financial advice.
You trade at your own risk.
XTZ - Trend-Following Buy Setup!Hello everyone, if you like the idea, do not forget to support with a like and follow.
XTZ is overall bullish so we will be looking for buy setups on lower timeframes.
on H1: XTZ is forming a channel in red but the upper trendline is not valid yet, so we are waiting for a new swing high to form around it to consider it our trigger swing. (projection in purple)
Trigger => Waiting for that swing to form and then buy after a momentum candle close above it (gray zone)
Meanwhile, until the buy is activated, XTZ would be overall bearish can still trade lower.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich