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XTZUSDT trade ideas

XTZ/USDT It required to bounce for back to upward movement!💎 Paradisers, #XTZ has recently experienced significant market dynamics. Currently resting on the demand area, #XTZ needs to bounce for a potential upward movement and retesting of the resistance level. Previously, #XTZ faced rejection at the resistance area, highlighting its significance. 💎 However, if #XTZ successfully breaks above the resistance level and reclaims the price, it could signal a bullish continuation towards our target area. 💎 Conversely, if #XTZ fails to bounce and breaks below the demand area, it could indicate weakness. A breach of the support trendline would further confirm a bearish outlook, potentially leading to a reversal in price direction.
by MyCryptoParadise_Nathan
5
XTZ/USDT Ready it Claim its Throne? Tezos Analysis💎Paradisers, let's shift our focus to #XTZUSDT, highlighting a pivotal moment that hints at a potential turnaround from its critical support zone. 💎Examining the trajectory of #Tezos in the weekly charts, we've observed a significant downtrend in 2020, briefly interrupted by a relief rally in 2021, only to see the bearish trend persist. This pattern was marked by a series of lower lows, coupled with diminishing trading volume, leading up to the present. 💎 Welcome to 2024 – a year that begins with remarkable volatility. The landscape is marked by a pronounced red candle, quickly followed by a green one, marking a bottom for #XTZ. This period's trading volume surged above the norm, signaling a distinct shift from the established pattern. This transformation stands as the most telling indicator of an impending shift. 💎 In anticipation of this shift, we're closely monitoring a bullish resurgence from the bullish Order Block (OB) at $0.921 in the 4HR timeframe. If this level does not hold, we foresee a bullish wave emerging from a subsequent support level. It's a critical juncture that could herald a new phase for $XTZ. 💎 Keep your trading arsenal flexible and your vigilance high, Paradisers. Your ParadiseTeam is on the lookout, prepared to navigate you through these dynamic market waves.
Long
by MyCryptoParadise_Simon
500% ROI from #Tezos Tezos has reached its lowest point on the annual time frame, hitting $1. This presents an opportunity for the cryptocurrency to rebound to highs exceeding $5, offering investors a potential ROI of 500% or more. Amid an oversold market and signs of exhaustion, Tezos, a proof-of-stake cryptocurrency renowned for its robust blockchain, has garnered significant interest from investors at NIXXWORLD. The projected 500% ROI merely marks the initial phase of this potential investment opportunity.
Long
by NixxWorld
6
XTZ/USDT Could XTZ back to the supply area or downward is coming💎XTZ has indeed garnered significant attention in the market. It has faced rejection three times at the supply area, and the support trendline has proven to be resilient in preventing further downward movement. 💎 Currently, XTZ is still making efforts to move upward and attempt to break out of the supply area. If this attempt proves successful, it probability could trigger a bullish momentum, potentially leading the price to reach our target area. 💎 However, if XTZ fails in its ascent and breaks below the support trendline, this could indicate a bearish turn in the market. Such a scenario might lead to a downward movement, with the potential for the price to return to the demand zone around 0.766. 💎 When the demand area is reached, it becomes crucial for the price to bounce and resume its upward movement. The bearish scenario is confirmed if XTZ breaks below the demand area, which could result in the price continuing its descent toward the strong support area or establishing a new bottom.
by MyCryptoParadise_Nathan
XTZ/USDT | Tezos | 1W 👀As for future movements, it can be said that not all hope is lost in terms of medium-term growth. The current decline can also be seen as a retest of the local resistance area, so the uptrend may continue after the rebound. - Not financial advice, trade with caution. ✅ Stay updated on market news and developments that may influence the price of Tezos. Positive or negative news can significantly impact the cryptocurrency's value. ✅ Exercise patience and discipline when executing your trading plan. Avoid making impulsive decisions driven by emotions, and adhere to your strategy even during periods of market volatility. ✅ Remember that trading always involves risk, and there are no guarantees of profit. Conduct thorough research, analyze market conditions, and be prepared for various scenarios. Trade only with funds you can afford to lose and avoid excessive risk-taking. #Crypto #Tezos #Investing #XTZ
Long
by Nyskohuz
Tezos (XTZUSDT) Emerges as a Cold Crypto Wallet ContenderThe world of Cold Crypto Wallets is abuzz with excitement, and the spotlight is now on Tezos (XTZUSDT). Following the footsteps of SafePal's promising potential, Tezos takes center stage with a super bullish price action that demands attention. Zooming into the specifics, let's delve into XTZ's long-term chart, where a fascinating transformation unfolds. The supply zone undergoes a metamorphosis, seamlessly transitioning into a demand area near the psychological milestone of $1. Tezos price pays its respects to this demand area in recent weeks, all while gracefully maneuvering within the confines of an ascending channel. Over the next month or two, anticipation builds as XTZUSDT sets its sights on the $1.33 supply area—a pivotal destination aligned with the 161.8% Fibonacci retracement level. Therefore, we can expect a potential 40% price surge, a significant feat considering the sluggish altcoin market we've witnessed in recent months.
Long
by CryptoPAMM
XTZUSDT.Preaching 4H Order block initiate the first long position and pending order could be placed. if price go down to lower level near to 4H order block, according to weak upmovement in 4H time frame, i expect some fluctuation befor going up. and in oder to masive down movement in 4H time frame, pushing price to the up side s more possible entry price, SL and TP is clear on the chart and i hope helps you makeing profit It would be my pleasure to hear your thoughts on the analysis.
Long
by arman_ariamanesh
2