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Tezos / TetherUS

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XTZUSDT trade ideas

Entering the price correction wave?XTZ continued its price growth last week. The support of buyers has caused the resistance of the range of 0.86 to 0.90 dollars to be broken. Hitting the two important static and dynamic resistances in the range of $1 to $1.05 had a negative reaction, and has caused the price to stop below this resistance. If the support of buyers can break this resistance, we can expect further price growth to the resistance range of 1.22 to 1.36 dollars. But if the negative reaction to this range causes the price to enter the corrective wave, the support that can be considered in the demand area ranges from $0.86 to $0.91. Of course, the support of $1 has prevented the price from returning several times in the low times. In the weekly time frame, two strong bullish candles signify a fake break range of $0.90. Therefore, the return to this area is followed by support again.
by MonoCoinSignal
2
Tezos XTZUSDT price is at a critical point, where to go next?Here is the whole trading history of the once quite popular pair XTZUSDT The XTZ price grew skillfully during 2019-2021 from $0.35 to $9 And then a stable downward trend, which has been going on for more than a year Now the XTZUSD price is at a critical point. If buyers can gain a foothold above $0.75 , there will be a good chance of working out the blue scenario. In the medium term, it is the growth to the liquidity zone of $1.20-1.80 If sellers do not meet resistance from Tezos buyers, and the XTZUSDT price is confidently fixed below $0.75, then the next purchase zone is not earlier than $0.46-0.56 _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
24
XTZUSDT Deep Analysis of Harmonic and ElliotwaveHello Guys, So Far After Analyzing XTZUSDT Coin i found that its in an uptrend also following the Elliot wave theory very precisely so far. as per the harmonic is concern if wave 5 hit our HR Target area then odds are high that this harmonic gonna play out. also there is a Fibonacci time pivot in bitcoin coming at 14th of January so probably yes that matches the theory for the corrective move at that time. We have untapped daily level above in xtz chart as well. becarefull this is not a financial advice, also don't overexpose your self to unnecessary risk. do only paper trades untill you become master in the field. Regards, Hedgers.
by TheHedgerss
#Tezos drops 63% in 6 Months, XTZ Bearish Below $0.83Past Performance of Tezos In the second half of 2022, Tezos lost 63 percent, further heaping pressure on buyers. At spot rates, XTZ is not yet out of the woods, just not yet. Looking at the performance in the daily chart, prices are bouncing from the middle BB, a dynamic resistance line. This development is generally bearish. As it is, buyers must clear $0.83, surging above the liquidation line with expanding trading volumes. #Tezos Technical Analysis Sellers are in a commanding position. Based on the events in the daily chart, every bounce higher could be a dead-cat bounce, a bull trap. Therefore, in light of these events, traders can unload XTZ on every high below the middle BB and $0.83 on the higher end. The immediate target will be at $0.70, the December 2022 low. This trend will only change once buyers drive prices above the 20-day moving average and reverse the losses of December 19. As prices pump, there should be a marked expansion in participation levels to mark interest from stakeholders. What to Expect from #XTZ? Traders are cautious about loading on dips since the primary trend is bearish. Although XTZ is up roughly seven percent from December lows, there needs to be more work. Traders can look to unload in the short term, expecting more dumps. Resistance level to watch out for: $0.83 Support level to watch out for: $0.70 Disclaimer: Opinions expressed are not investment advice. Do your research.
Short
by Bitcoin_Analyzer
1
#Tezos Drops to Multi-Year Support Line, resistance $0.911Past Performance of Tezos It has been a tough year for Tezos, considering how price action has been panning out. As an illustration, XTZ prices are down 91 percent from peaks and presently trading at the October 2019 support. Any loss from the spot rate could see the coin tumble to register multi-year lows, cementing bears' grip on the current trend. #Tezos Technical Analysis XTZ bears are squarely in control from a top-down analysis. Even though there are flashes of strength, the coin is tethering close to registering new multi-year lows. Oscillating at October 2019 support at $0.76, Tezos bears are in control. However, in the weekly chart, there are hints of rejection of lower prices. The result is a long lower wick, pointing to strength. In the daily chart, there is a bullish bar following the gains of December 20. Still, buyers are yet to reverse the losses of December 19. XTZ is within a bear breakout formation, with December 16 and 19 defining the current trajectory. Aggressive traders can unload on every attempt higher as long as prices are below $0.911. The immediate target lies at $0.75. This preview will be null if XTZ rallies above $0.911 and, ideally, $1.04. What to Expect from #XTZ? Tezos bear bars band along the lower BB, indicating strong selling pressure. With sellers in charge from a volume analysis perspective, traders can liquidate as long as prices are inside the December 16 and 19 bear bars. Resistance level to watch out for: $0.911 Support level to watch out for: $0.75 Disclaimer: Opinions expressed are not investment advice. Do your research.
Short
by Bitcoin_Analyzer
1
Tezos Correction -90% From ATH | Will Grow For 2+ Years After...Tezos (XTZUSDT) has done a massive -90% correction from its All-Time-High and so far hit its November 2019 low levels. Just a bit lower and XTZ will be trading at All-Time-Lows... You know what we love to say; Once we hit bottom, the only place left to go is up. One final drop and the bear market is over for this pair. It can go lower to a total of -91 to -93%. After this last move, painful I know, we are very likely to see higher highs and higher lows for years to come. Over two years of bullish action... All through 2025 and beyond. Stay strong, the best is yet to come. Namaste.
Long
by MasterAnanda
1