XTZUSD trade ideas
XTZ UpdateI just moved the lower trend lines now that there is a new data point. I think this is more accurate. I'm new at this, but I suspect there's a good chance it could drop to around 5.0 before heading back up.
XTZUSD Tezos 1D Respecting Upper Resistance and Lower SupportI believe Alt season is still upon us until we see a turn below a very strong support level. Despite the lack of news and glamour for Tezos, it still has legs. Tezos appears to be one of the few alts this season that has not yet really had a breakout to 3x and higher going back as far as October and November. Since that time, ADA, LTC, ETH, BCH, DOT, UNI, XDG, and XRP have all atleast gone 3x or further. Exposure to some of those other alts would have been a good move in addition to Tezos. I am long in those other alts as well as Tezos.
Based on the trend of Tezos, we seem to be bouncing between the support and resistance lines upward. I wouldn't necessarily take any action now either buy or sell, but wait for further entry in the buy zone and look for opportunities to sell in the sell zone. We could see Tezos in the next 3 weeks go down to $4.98, don't panic unless the daily closes below that, use that as an opportunity.
I hope this helps
Note:
Due to unforeseeable events that may occur due to twitter , bitcoin news, SEC, Pandemic's, or huge moves in bitcoin , don't hold to this chart. This is purely my analysis of what I think might play out. I've been right and I've been wrong, due your own due diligence. I'm not a professional trader, but someone trading in this space for several years. If you like my analysis or what I'm doing, give me a like.
XTZUSD going to 8.70 $XTZUSD for buy
technical analysis saying that the next direction up to level 8.70 $
Good luck COINBASE:XTZUSD
XTZI'm kind of a noob, but I'm publishing this so people can let me know if I'm doing something wrong. I appreciate any criticism!
MY MINIMALIST CHART ANALYSIS FOR $XTZ$XTZ TEZOS ON A DAILY CHART
5.10.21 1058H +8 PACIFIC
MY PRACTICE MINIMALIST ANALYSIS
ENTRY AND EXIT POINTS FOR A SWING TRADE
USING RANGE BOXES AND FIBS (NO INDICATORS)
Note:
Run your Fibs to verify
price action corrections and extension
levels. The Range boxes by themselves are
used as confluence to The Dynamics of
the Market.
Check pattern formations and candlestick
formations if you wish.
This is not a piece of financial advice.
I am just a student and still learning.
Adjustments will be made in
accordance with The Dynamics of the
Market along with Trading Psychology.
Postings are most often delayed, as it
takes time for me to finish several
assets in my portfolio.
Updates will be posted religiously if time
permits.
XTZBULLUSD 1D (be ready, from 38$ to get 295$ in the short time)be ready to get biggest profit from this token,
nearly will get targets:
1- 116$
2- 205$
3- 295$
4- to the moon.
XTZ 4 Hour Swing PlayXTZ is in a downward trend from an ATH for which i'm long, and want to dip and rip to accumulate more coins without adding additional capital.
RSI 50 is a very strong support. If it bounces off the 50 again I would expect it to test a new ATH and would hold.
If it breaks the 50 I would look to sell, then pick it up again when all indicators cross and the rsi is over 30.
Tezos $10 by JuneAssuming a stable broader market, Tezos is poised to continue its surge. While the USD chart is at all time highs, the xtz/btc chart is at a crucial resistance level. Expecting some churn over the coming weeks before exploding.
XTZ Token Final Call, Rocket Is Ready To LaunchXTZ token price traded at $7.77 with a gain of % over recent 24-hour and an increase of % in the weekly period. Besides, XTZ price action is way above the EMA Ribbon, leading to soaring in future trading sessions. In contrast, the market capitalization increases to $5.85 billion. Technically, investors can see testing at the resistance of $7.78. The Stochastic RSI index features a flat slant and values in an overbought region. Additionally, the price movement can be above the resistance of $14 in future trading sessions.
Resistance: $7.80, $10.0, $12.35, $14.50
Support: $3.90
Possible move for XTZ !!I think we are at that moment when XTZ makes a comeback. As soon as he managed to overcome the last resistance, from my point of view this climb is inevitable.But a possible return to 7.0 or 6.80 must also be taken into account !! Good Luck!!
Update: Tezos continue up to $7.70 USDWe're in profit in Tezos. Congraluations. My entry was perfect!!!
Now, I put a break even in the entry price that in the second time, we re-entry in Tezos. My entry was around of $5.75 USD. I move the SL at $5.70 USD for just 5 cents. But we're in break even cut the loss.
s3.tradingview.com
Now, in Daily timeframe, Tezos explode!!! For that, we're bullish, we can to consider to entry in the second trade in the support of $7.70 USD. but we hope. At the moment, I'm in Ethereum and in profit both in these trades.
xtz - $15XTZ is currently trading close to the resistance of $5.96. If it can break this resistance, we could start seeing a move towards $6.61, $7.34, $8.27, $10.96 and $15.31. Failure to break the resistance at $5.96 could lead to a drop towards $5.58, $4.94, $4.58 and $3.92.
XTZUSDIn order to catch next divergence opportunity I will place alarm at USD 5.2... do you think it is a goood idea?
Bulls TrendWe can see an up coming trend heading toward its previous high, also resistance line
After price breaks previous high we can see the first target to be 127-138 of the fibonacci retracement
Alert: Tezos confirm this shoulder head shoulder invertedI entry in the market price in Tezos, I know clearlfully that Tezos go back to $7 dollar I see that Tezos it's sound interesting, I entry in Tezos right now, becuase this trade could to bring us a good profit at $7.70 USD. You can to entry in Tezos right now and put a long position until $7.70 USD and the SL will being $4.90 USD.
So guys, we see a shoulder head shoulder inverted, and break out this neckline and if you check the Daily chart, and looking the price action, the yesterday candlestick closed up extremely bullish, look below:
s3.tradingview.com
For that, I will going to entry in Tezos to long position until $7.70 USD
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