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XTZUSD trade ideas

XTZ Potential Channel BounceI have been watching this channel on the logarithmic chart for Tezos for almost a year now, and at least thus far it has consistently bounced near the channel bottom which is currently approaching. It looks further possible that a bounce might occur based on bullish reversal divergence on the daily chart for both MACD and RSI. The bounce will likely be dependent upon BTC, but see my post yesterday for how I think that BTC might also bounce here, supporting the idea of a Tezos bounce: Either way, should be interesting to see if the trend holds up or if a new trend is about to occur. And as always, this is solely my opinion and is not in any way meant as financial advice. But please like or comment if you agree or have any further opinions!
COINBASE:XTZUSDLong
by crypto_trends
TezTrainAll aboard the TezTrain! Tickets cost $3, and the price increases at a steady 100% per year. The wheels are rusty, the seats are uncomfortable, and passengers of hypersonic flying meme trains will mock you and crash into you several times each year. Loyalty customers receive 5% reward per year on their ticket purchase. If you live in the United States, you'll get to meet the famous taxman 'Uncle Sam', who comes aboard to steal half of your loyalty bonus each year. If the ticket price goes down and you forgot to give away your bonus rewards before the end of the year, Uncle Sam will punch you in the mouth, steal all of your loyalty rewards, and take some of the original ticket value! If this sounds like the ride for you, come aboard the TezTrain! We service all countries with less than a billion citizens, and all United States except New York! Get your tickets on sale now!
COINBASE:XTZUSDLong
by swilton
7
XTZ Rebound Coming Soon!?doing a little update on XTZUSD on a 4H timeframe, since out last TA we were trading inside of the red pennant, we had a false breakout and a once again a drop that is keeping us in this sideways structure. Shown by the green horizontal lines we have been getting rejected and have bounced many times in this zone, going all the way back to the beginning of september we have been stuck in this sideways channel, the positive thing is that we are respecting it very well on the support side not slipping through the bottom, we are currently sitting near the bottom of the zone just having a bounce off of it and starting to move to the upside. Looking at our pivot points, price action just bounced off the S1 support level and our next target is definitely the blue pivot point, this level if broken above and held can trigger a reversal and pivot to the upside, we also have another pivot point we are looking at above the blue zone and capturing this level should definitely give XTZ that bullish boost we need to really start moving up. I also have a breakout zone drawn out that is going to be important to capture, it lines up with the secondary pivot point and is a decent ways above the green sideways channel we are currently stuck in, breaking above here and holding the box i have drawn out will give us big bullish momentum and is what we need to do to really get that upside boost, i should also point out that getting ahold of this area effectively breaks the current sideways structure and should lead to a breakout! Now looking at our wavetrend we are looking good here we had a bit of a double bottom in the buy zone and have since started to reverse to the upside, keep in mind this indicator is slow moving and doesn't usually make jagged or sharp moves, we usually see a smooth transition between bearish and bullish waves, i am expecting this to be the start of another bullish wave that could bring us well above that midline, we havent seen a really strong bullish wave since earlier this month and i am looking for something similar here coming soon!
COINBASE:XTZUSDLong
by JacobR905
XTZUSD possible bottomXTZUSD has been getting slaughtered for more than three months straight. The market right now obviously looks pretty damaged, and a lot of people are calling for sub $40k BTC targets... but there are other factors to take into consideration here. First, XTZ has been front-running the market on longer timeframes. In the last cycle, XTZ was both an early riser and an early topper. XTZ topped in early October whereas almost all other coins topped in mid November. Second, there is a clear fractal repeating in some of the most popular indicators (RSI, MFI, MACD) on all of the long timeframes (2D, 3D, 1W), especially MACD. It's not a sure thing but it's at least worth a look.
KRAKEN:XTZUSDLong
by swilton
XTZUSD D2: 200% gains BEST LEVEL TO BUY/HOLD(SL/TP)(UPDATE)Why get subbed to me on Tradingview? -TOP author on TradingView -2000+ ideas published -15+ years experience in markets -Professional chart break downs -Supply/Demand Zones -TD9 counts / combo review -Key S/R levels -No junk on my charts -Frequent updates -Covering FX/crypto/US stocks -before/after analysis -24/7 uptime so constant updates 🎁Please hit the like button and 🎁Leave a comment to support our team! XTZUSD D2: 200% gains BEST LEVEL TO BUY/HOLD(SL/TP)(UPDATE) IMPORTANT NOTE: speculative setup. do your own due dill. use STOP LOSS. don't overleverage. READ ENTIRE IDEA BEFORE EXECUTING. 🔸 Summary and potential trade setup ::: XTZUSD 2days/candle chart review ::: updated outlook still valid today ::: CORRECTION MODE next 1-4 weeks ::: correction just started not OVER ::: chart is LOG SCALE ::: get ready to BUY LOW later ::: BUY LOW later ::: entry - after 30% CORRECTION ::: up to 200% gains possible later ::: short-term pullback/correction ::: SPECULATIVE SETUP ::: do your own due dill ::: and use proper risk management ::: TP bulls is +200% gains ::: details: see chart ::: FINAL TP is 200% gains ::: recommended strategy: BUY/HOLD after pullback ::: TP BULLS +200% gains ::: SWING TRADE: BUY/HOLD IT ::: bull run not over yet ::: good luck traders! ::: BUY/HOLD and get paid. period. 🔸 Supply/Demand Zones ::: N/A ::: N/A 🔸 Other noteworthy technicals/fundies ::: TD9 /Combo update: N/A ::: Sentiment mid-term: BEARS/CORRECTION ::: Sentiment short-term: PULLBACK/CORRECTION NOW RISK DISCLAIMER: Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. Always limit your leverage and use tight stop loss.
COINBASE:XTZUSDLong
by ProjectSyndicate
4
Tezos (XTZ) in a longer-term bullish price channelTezos has been well contained inside this bullish price channel since early 2019. The recent corrective dip in crypto is driving XTZ back towards the support trend line of this price channel. Should Tez dig a little deeper, it may provide a good buying opportunity as we anticipate a bounce to develop soon. Price appears well supported as more accumulation days are appearing than distribution days. An accumulation day is when you have bigger than typical volume on an up day and most of the big volume days have been accumulation days. If XTZ does rebound higher off of the daily support trend line, then look for price to reach double digits and low teen's.
COINBASE:XTZUSDLong
by CryptoKoryoDefi
1
XTZUSD D2: 250% gains BEST LEVEL TO BUY/HOLD(SL/TP)(UPDATE)Why get subbed to me on Tradingview? -TOP author on TradingView -2000+ ideas published -15+ years experience in markets -Professional chart break downs -Supply/Demand Zones -TD9 counts / combo review -Key S/R levels -No junk on my charts -Frequent updates -Covering FX/crypto/US stocks -before/after analysis -24/7 uptime so constant updates 🎁Please hit the like button and 🎁Leave a comment to support our team! XTZUSD D2: 250% gains BEST LEVEL TO BUY/HOLD(SL/TP)(UPDATE) IMPORTANT NOTE: speculative setup. do your own due dill. use STOP LOSS. don't overleverage. READ ENTIRE IDEA BEFORE EXECUTING. 🔸 Summary and potential trade setup ::: ZECUSD 2days/candle chart review ::: updated outlook still valid today ::: CORRECTION MODE next 1-5 weeks ::: correction just started not OVER ::: chart is LOG SCALE ::: get ready to BUY LOW later ::: BUY LOW later ::: entry - after 30% CORRECTION ::: up to 250% gains possible later ::: short-term pullback/correction ::: SPECULATIVE SETUP ::: do your own due dill ::: and use proper risk management ::: TP bulls is +250% gains ::: details: see chart ::: FINAL TP is 250% gains ::: recommended strategy: BUY/HOLD after pullback ::: TP BULLS +250% gains ::: SWING TRADE: BUY/HOLD IT ::: bull run not over yet ::: good luck traders! ::: BUY/HOLD and get paid. period. 🔸 Supply/Demand Zones ::: N/A ::: N/A 🔸 Other noteworthy technicals/fundies ::: TD9 /Combo update: N/A ::: Sentiment mid-term: BEARS/CORRECTION ::: Sentiment short-term: PULLBACK/CORRECTION NOW RISK DISCLAIMER: Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. Always limit your leverage and use tight stop loss.
BINANCE:XTZUSDLong
by ProjectSyndicate
5