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XTZUSD trade ideas

XTZ Price Forecast A Bearish Momentum For The FutureThe weekly technical chart of Tezos showcases bearish momentum. The daily chart of XTZ Price forecasts a bearish sentiment.Tezos price is trading below 50 and above 100 Moving average. The 50MA(RED) line is at $4.07, making it temporary resistance for the coin. Resistance for the coin on the upside is at $4.5 while coming on to the downside,the bounce-back can be seen from $3.5. A bearish engulfing pattern is formed on to the shorter time frame of 4 hr chart. If the price breaks 10% above the $4.3,then there is a good chance that the price will see momentum up to $5.XTZ/BTC pair can also see a loss of 10% in the upcoming months. Kindly Comment Your Thoughts Below
KRAKEN:XTZUSDShort
by tcr_thecoinrepublic
XTZUSD tez to tenGains in crypto over the last few months have been absolutely outrageous, but only if you picked the right coins. Unfortunately for XTZ holders, XTZUSD has been objectively the worst performing smart contract platform of 2021, overshadowed by ADA, DOT, and ALGO in the recent surge. However, the fundamentals do not support such a low valuation. The Tezos decentralized exchange DEXTER is live, and the coin has high staking rewards, fast transactions, and low fees. The market cap right now is about $3B, and it could easily push 10x if the crypto climate remains favorable this year. Before I set my sights on $40 targets, let's see what it can do over the next few months. The chart pattern reminds me a lot of the handle that ATOM formed in late January before the runup from $7 to $26. For now, I'm targeting $10 as a high target. It could wick up to $11, but I would be surprised to see it blow through this zone without a pullback or consolidation period. If it can clear above $10 with conviction, then $20 is the next logical target. Let's see what happens!
COINBASE:XTZUSDLong
by swilton
5
XTZUSD - VERY BULLISH FORMATION - ANOTHER UNDERVALUE GEM 17/3/21XTZUSD There is textbook trendline support clearly after the recent dump. Forming a very beautiful symmetrical triangle on daily. Reasons to be bullish: 1) RSI is above 50 on daily 2) MACD flipped green on 4 hours TF and soon daily will flip green 3) Above 20MA daily and all MA 4) Forming a textbook symmetrical triangle and get support at the bullish trendline 5) Price exactly find support at 0.618 fib area at USD 3.12 Recommended entry : USD 3.8- USD 4.15 , if daily closed below USD 3.65, this analysis is invalidated. However, the price formation is very bullish, forming all the text book bullish scenario. Breaking the symmetrical triangle will bring XTZ to a higher levels. Safer trade can be done is to wait for daily to close above the resistance trend line and enter at the resistance trend line (where it will flip at support). Recommended Targets : USD 6.6 (1.382 fib) and USD 7.3 (1.618 fib) Current price USD 4.1
KRAKEN:XTZUSDLong
by Wee93
2
Crypto Market & XTZUSD Technical Analysis & Predictions 3/17/21*DISCLAIMER: I am not a financial advisor and this is not financial advice or a recommendation to buy or sell as these are purely my opinions and speculations. I may also own or trade any of the symbols and cryptocurrencies mentioned in this video so do not make your trading or investing decisions based on this video. I do not guarantee any results nor am I responsible for your actions. You should always do your own due diligence before trading or investing in this market as it is extremely risky. Affiliate links are also included in this same video description section here and if you decide to support me by using any of them, I may receive a referral bonus or commission. *Follow me for the latest cryptocurrency analyses on my watchlist *Thank you to those who donated, I very much appreciate it. *Let me know in the comment section if you agree or disagree, would love to hear your ideas too.
BINANCE:XTZUSD
by CryptoRush_
Tezos: Good Things ComingTezos (XTZ/USD) is looking pretty damn good I must say. I've been tracking it for a few days now, observing its reaction to BTC's bearish price action and I've come to the conclusion that it warrants serious attention. There's plenty of impulse wave scalping action inside the symmetrical triangle, and the whole thing is just bottling up and waiting to explode. Don't miss out on grabbing some juicy gains when it does! Let's just hope BTC doesn't spoil the party. *This is not financial advice; trade at your own risk. Utilize a stop-loss to mitigate that risk. If you have patience and you like big wins and big money, follow me. I track all 37 USD-paired cryptocurrencies on Coinbase and regularly seek out the most potentially lucrative swing trades for you. All my charts are clean, straightforward, and easy-to-follow. My sell zones are conservative, but that's because I believe in exiting while still holding the fat money bags! The more intrepid traders can let the winners run a bit longer if they choose. Good luck and safe trading to all! Paul (Jalapablo)
COINBASE:XTZUSDLong
by jalapablo
6