Get started

Tezos / TetherUS

No trades
See on Supercharts
Overview News
Ideas
Discussions Technicals Seasonals Markets

XTZUSDT trade ideas

Tezos U.S. Dollars (T)Tezos is 1) approaching/already landed on a firm support 2) approaching the 50MA which it has previously skipped off of on three prior occasions 3) gearing up to retest it's September - October pennant. Wicks are also suggesting a good response to to this support level Look below for analysis of its BTC pairing This is all contingent on BTC continuing its uptrend or if Tezos begins to counter trade BTC RSI is also approaching 50 (Could bounce off) Nothing is FERCLY confirmed so this is mostly a gamble also considering the previously mentioned contingency
by Ostia_
1
XTZUSDT a Descending wedge and time to open!/Trading StrategyBYBIT:XTZUSDT 1H trend chart In this trading strategy, I'll provide 2 types of open timing for aggressive and conservative traders, respectively. - We modify the patter as a descending wedge from a triangle (refer to last analysis) Price suddenly plunged while ETH falling, but it formed a good wedge. In the meantime, price hit Vegas tunnel_576ema, and rallied back to 12ema rapidly. Also, Fib(0.382) showed a strong support for price. - So here is our first timing to open position, and trading strategy as below. - *Notice the resistance from upper trend line =>Based on this resistance, conservative trader could wait for the break-out of upper trend line. - Profit Targets: a) 9.166----Fib(1) b) 10.187~10.599----Fib(1.272~1.382) c) 12.918-----Fib(2) Stop losses: a) 6.847----Red horizontal ray - If you like this analysis, give it a like and leave a comment below to share your perspective or let me know what crypto you want to see! Trading is a reflection of yourself. Learn more daily and be ready for every opportunity. Have a nice trading!
Long
by EthanTW
3
XTZUSDT Keeps convergence and time for entry!/Trading StrategyBYBIT:XTZUSDT 1H trend chart - A strong support zone was formed from long-term neckline, and it really seems effective for price while falling. Moreover, a downtrend line keeps price converging and gradually forms a triangle. Now, direction is still unknown, but if the upper downtrend line can be broken out, trading strategy as below. - Profit Targets: a) 9.166----Fib(1) b) 10.048~10.405----Fib(1.272~1.382) c) 12.409-----Fib(2) Stop losses: a) 7.152----Red horizontal ray - If you like this analysis, give it a like and leave a comment below to share your perspective or let me know what crypto you want to see! Trading is a reflection of yourself. Learn more daily and be ready for every opportunity. Have a nice trading!
Long
by EthanTW
2
XTZ long ABC setup ABC Setup to long XTZ potentially for a new leg up, or usual yellow fib targets. Strategy would be to long every real time price cross (no candle close) above the horizontal a level ($7.158) with a 0.5% stop loss, this way with the usual targets your R/R is 25, or for a new leg up >$10 even higher. Take the long, might be stopped out 3-4 times with 0.5% loss, but eventually the long should hit and you'll make it all back + more. Or we'll be lucky and we won't even need to be stopped out once if the market is bullish enough.
Long
by xprojoepzz
XTZ Descending Triangle (BEARISH)Hello traders hope everyone is having a great Sunday! XTZ bearish trade setup with a 10% drop likely to happen today Breakdown should happen after XTZ is below $7.15 and from there we can expect a sell off all the way down to around $6.5 - $6.6 area which is our (Buy zone) in the chart. Expect a bounce back up to previous support ($7.15) which likely will turn into newfound resistance. Best of luck on your trades figured i would share my idea out there so now we just wait and see what happens. Cheers!
Short
by Liquidmex