XTZUSDT trade ideas
Tezos XTZ mid-term +100% potentialCOINBASE:XTZUSD BINANCE:XTZUSDT
Tezos (XTZUSDT) is printing a classic Livermore's pattern (again, last time failed). It has shown strong momentum this month. Now it's moving to the upward band of log channel (see another idea).
Important checkpoint (major resistance): 8.0 USDT (September high), 8.4 USDT (ATH and completion of daily cup & handle pattern).
After new ATH, we are likely to see its price discovery following ATOM and AVAX.
XTZ potential for 3 digits after years of accumulationTezos XTZ has been in accumulation mode for nearly 3 years since launch. From a bull market perspective, it never really pumped. Its volatility was very tiny compared to many other ALTs in this cycle. The only explanation is that XTZ's run is yet to come.
The price was restrained in a logarithmic channel for 2 years. This is quite common for an ALT before it starts a parabolic move, like BNB.
First it will break the previous all-time high of 8.4 USD, then challenge the upper band of channel (10.5-12 USD). In the final hype it may have another 3-5x in several weeks.
The volume is picking up recently. Its fundamentals are growing solid. And perfect Cup&handle and H$S patterns and are about to be completed. Two engulfing bullish candle say it's the time.
XTZ can continue It's bullish trendHi every one
TEZOS / TETHERUS
XTZ has started a bullish Trend while ago which if we put a Pitchfork on the chart we can see that this Instrument is ranging Pretty well Between the lines of this oscillator. The Price has touched the bottom of the Pitchfork recently, and that was the pullback point for it! now the price must reach the top of the Pitchfork. the Price which XTZ can reach right now is around 8.3$.
Summery:
-XTZ is ranging in a Pitchfork oscillator
-The Expected Price for now is 8.3$
-there are also Hidden Bullish Divergences (+HD) on Both MACD and RSI Indicators!
💎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
$XTZ huge uncertainty we have hereI am aware that analysing the market in its current conditions is tricky, but I just can't hold back.
Most of the altcoins are showing weakness with previous movements of $BTC and financial market in general. Multiple altcoins and $BTC are drawing symmetrical triangles on a 1D timeframe and are in the middle of it which is why I think market can go any direction at the moment. But with $XTZ the situation is even trickier.
We have two options from here. We are seeing Ascending Broadening Wedge on 1D timeframe and it went to the upper side of the channel according to my previous thoughts. Although, now is a completely different situation and this formation is ending most of the time with bearish movement. As we have been in this pattern for a long time, my thoughts are that we will retest the bottom line of the pattern and go down. I am almost certain that it will not achieve the full potential of the pattern. However, I think we will revisit the bottom line of the trend channel.
The second option is that BINANCE:BTCUSDT will not continue the downside movement and we will go to the upper side of the Ascending Broadening Wedge up to the price of 9$. But for me this is not likely to happen. Keep a close look at the hidden bullish divergence on 1D timeframe.
Entry zone of short position: 5.5-5$
Stop-loss: 5.75-6 (as we expect a small upwards squeeze to collect the SLs)
Targets: 4.53 - 3.9 - 3.25 - 2.9 - 2.4 (and 2.1 as an extreme point which is not likely to happen)
Even if I mentioned two options, I am voting for the first one.
This is not a financial advice. Do your own research. These are just my personal opinions.
Good luck.
AUTOMATED TRADING BOTS: How to profit with Tezos.Tezos is one of the best token for our robot.
Our robot mainly uses the DCA (dollar cost averaging) trading method.
If the price drops, instead of the Stop loss order, we have a Buy limit order.
This will also cause the Take profit value to drop and approach the current price.
If the price falls and falls, the robot buys and buys. This keeps the Take Profit lower and lower.
After that, the price of the token rises and our trade ends with Take profit, which is not far from us thanks to constant and precisely predefined purchases.
The XTZ / USDT currency pair is suitable for our demonstration. You see very high volatility.
It is through volatility that our robot can be profitable. If the price still went in one direction without frequent fluctuations and without "waves", the robot would earn very little.
We need great volatility for big profits.
Volatility in the TradingView platform will be helped by the Historical Volatility indicator.
This indicator often (on this time frame) intersects the value of 50.00, which is rarely affected for low-volatile currency pairs. For example, you would look for Bitcoin very bad around 50.00 on this time frame.
The key to our profitable trading bot is volatility! At a time of market colapse, when almost everyone is going through and positions in the Futures markets are being liquidated on a large scale, we are EXTREMLY profitable thanks to our robots.
Of course, it is very important that you know how big the position is and how often, or at what intervals it is necessary for the robot to buy more. In no case is every setting of the robot profitable, on the contrary, setting up a profitable robot is not easy.
You will learn how to set up a robot to be constantly profitable in our Academy.
PS: One of the best things about trading with robots is that you remove all emotions and decisions.
We wish you a nice day. UCT team.
XTZUSDT Pullback and BuyHey guys
Whats up ?
In here we have a amazing chart and coin
From some days ago the correction was finished and the trend was changed
At now we are in upward trend but we need pullback the we can take long position and buy
we shown on chart two zone for buying , why two ?
because we are in pullback and we dont know where the pullback wanna finish and continue the trend
Because of fundamental of XTZ , the technical , the bullish market we can HODL XTZ for 3 to 6 months it can be surprise all of us
we should take signal and then entrance the position and buy
we shown a orange circle zone on chart , until the lower price with shadow of candle dont break with candle close below them the upward trend is valid and fall down the price is pullback
if you have any question about any analysis you can send me a mesaages
Good Luck
Abtin
XTZ / USDTXTZ / USDT 2H Time frame. Price has approached the upper line of a descending triangle. Enter trade if/when volume picks up and price breaks out to the upside.
Take profit targets:
Target 1 - 6.9$ (approx. 3-4 %)
Target 2 - 7.2$ (approx. 7-8%)
Target 3 - 7.5$ ( approx. 12-13%)
Target 4 - 8$ (approx. 18-19%)
Feel free to like, comment, or follow me for more ideas!
Trade at your own risk!
Will we see an upward trend? #XTZ 😎The tezos currency, after supporting at $ 6, has now broken its downtrend and is forming a new uptrend
so retest the broken level, enter the trade and move towards the set targets.🚀🚀🚀🚀
Entry zone :
6.400 ~6.555 $
Targets :
6.810 $
7.540 $
8.190 $
Stop loss :
6.116 $
Ali zahrawi - Good luck 🌹
targeting +$8.5 for Tezos this weekHello and welcome back to one of my newest market update, It's been a while, sorry for my long absence.
So, we have a clear path here with $XTZ:
breaking out from a consolidation zone with high volume, and retesting it multiple times and successfully holding the POB.
We've had another attempt to reach the ATH and test it with very high volume, now we are just rebounding and this time I believe we will go above $8.5.
share your own ideas with me in the comment section and lets discuss about my scenario, and OHH,, please hit the like button and follow me for good fortune ;)