XTZUSDT trade ideas
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Tezos is forming a bullish continuation movementTezos with some released news and their full participation in NFT minting and sales has made it a good project to watch for now.
On the weekly chart it has formed a bullish Harami pattern which signifies a bullish continuation movement while on the daily chart it has just retested a previous support and moving back upwards. Watch out for it or rather hodl on to it.
XTZUSDT is testing the 0.618 Fibonacci LevelXTZUSDT is testing the 0.618 Fibonacci Level after a nice bull run and after a rejection from the weekly resistance. IF the price is going to have another 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.
More than 70% profit in just 8 days 🤑I shared the XTZ analysis on August 18 and it gained more than 70% profit in 8 days and reached all the targets. Follow me to see more analysis
🔥 XTZ Long-Term Target UpdateAround a month ago I made a long-term analysis on the bullish channel in which XTZ was trading. $7.50 was my long-term target for this token.
www.fierytrading.com
With the huge bullish moves we've seen over the last few days, XTZ is on its way to reach the target a lot sooner than initially anticipated.
With BTC still being relatively bullish overall, I'm anticipating that the $7.50 target might already be hit in the coming week. Potentially, we might get a wick in the $8 - $9 region.
Happy trading!
XTZ is making like potentialXTZ/USDT
Now XTZ is making like potential
Worth to be in your watchlist
ENTRY Now - 5.1
TARGETS 7 - 8 or 9.5
STOP LOSS ON DAILY CLOSE BELOW 4.1
Best of wishes
--- Quoc Khanh -
My Golden Rules - using XTZ for Analysis ExampleTimeframes I use 5min for this but unable to publish at those lower timeframes but I've found an example recently where the rules lined up on 15m timeframe.
Step 1 - 2x MTF EMA (one set at 60min with 50EMA and the other set at 15min with 50EMA) The 15min must be above the 60min for a LONG
Step 2 - Looking for Lower Lows on the chart
Step 3 - MACD making a Higher Low below the ZERO line matching with the charts Lower Lows. The line should not cross the zero line between these two points
Step 4 - Check Stoch RSI at at min. 1 HR time frame (looking between 0 -20) and on uptrend
Step 5 - On first green candle (circled) to upside on MACD is the purchase zone. In this example it is shortly before the break of the downward trendline. Also possible to wait for break of line and buy on retest.
Step 6 - Set SL below the support line no more than 2%. Set profit target - usually take 3:1 R:R
Step 7 - Sit back and watch those nice green candles climb!
Can easily get stuck in charts at the lower time frames so be sure to always ZOOM OUT to 1hr / 4hr to get a better overall picture. Some Simple Gap Analysis can help to confirm the next general direction
Took me a month of gamble trading winners and losers to come up with this set of Golden Rules.
Don't forget Bolinger Bands! great for 1% snipes :)
Good Luck
Looking at a retestI see a weak momentum, it is likely going to retest to pick momentum from the trend or the valley.
XTZ watching listXTZ / USDT
On 25 aug we had successful trade with xtz
We bought it at early signs of breakout
We able to secure 23.85% profits in few hours
Now XTZ is making like potential breakout retest
Worth to be in your watchlist
Best of wishes
SHORT - XTZ dump to 3.65 with technical analysis and fiboSHORT - XTZ dump to 3.65 with technical analysis and fibo
XTZUSDT (Tezos) : TP1 Reached ✅ 🚀+30% ✅ 🚀Last Analysis in 21.Aug.2021 : Let's buy Some #XTZUSDT (Tezos) , Shall We ?? Great Move Starts From Yesterday ... After The break we can add some more ...
In order to buy, the SL (stop loss) and capital management must be observed.
All resistances and TPs (take profits) are marked on the chart.
(DYOR)
Now : TP1 Reached ✅ 🚀+30% ✅ 🚀
Let's go for the Second Target ...
$XTZ TEZOS Bull Scenario.Using a Fibonacci Extension tool to measure the first wave of the move or the "Impulse Wave" gives me these targets. This is a 1:3 trade setup and we are almost at the first TP or heavy resistance area. This was mainly published as a guide for taking profits in $XTZ along the way up by combining Fibonacci Extensions with Horizontal Resistance. The Fibonacci Extension tool can be very powerful if you can identify waves! One way to test and see if your correct on your measurement is if the 3rd wave is equal to the 1.618 or 2.618 extension. Let me know if you found this useful! If your in already then great! I started building my bag a little late around $3.50, but I'm happy with profits so far. This trade setup was done for a leveraged entry this morning during the dip.
XTZUSDT, DailyIf xtzusdt stay above 4.30-4.40 , xtzusdt will reach 5.00$ soon.
targets:
6.80
7.10
10.00
Tezos Supports and Resistances
Greens: Supports - Buy Levels
Reds: Resistances - Sell Levels
Let me know if you need supports and resistances of any other coin.
Thanks for visiting.
Happy Trading!
