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XTZBTC

XTZBTC | Do you have a fork? Yes, a Pitchfork!Analyses of the large timeframe scales reveals a formation of ABCD basis at XTZBTC position. Pattern started on 16th of February and finished on 5th of March which is displayed at the chart. This is a very important and interesting moment because subsequent price action went in a traditional three drives pattern. Thus a descending channel with strong support and resistance levels was formed The support trend line helped Tezos to survive Bitcoin market crash but further the complete pattern was accurately finished on 14th of March. As always three drives forms a Pitchfork which in this case is based on continuation ABCD pattern Price action takes place right at the bottom of it and according to consolidation|distribution pattern finished accumulation and is ready for a growth right to the upward edge of the Pitchfork channel There is no fundamental basis for Tezos to break Pitchfork thus our final target will be the upper edge of the pattern, further we expect a decrease Automatic premium signals is shared in the Telegram premium channel and applied through API
Long
by Skyrexio
XTZBTC in Strong UpTrend!!! I include Tezos in my watchlist mainly because of the strong Uptrend that has been accompanying it for a few months. Over the last period Tezos has made a profit of more than 400%, so I will not hesitate for a while and once the corrective structure is completed I will buy XTZ. As for its Buy Zone, it is between 2750sats and 2550sats. I also have an alternative Re-buy zone in the graph but it doesn't have to be filled because Tezos is extremely bullish. After testing the Key and Bullish zones, the XTZ will only grow up to the Take Profit zone.
Long
by Tradify_Labs
Ain't Nothing To Think About $XTZ $XTZUSD #Tezos #Crypto Daily Looking at our highest timeframe we see the price continuing to respect our uptrend, however, we are seeing some bearish price action. Stochastic RSI showing momentum in favor of the bears and we could continue to see a sell-off towards $2.20. A look at our smaller timeframes will give us a better look. 4Hour Shifting over to our pattern timeframe we see the price respecting our major support level at $2.60, followed by the beginning of a bounce. Stochastic RSI showing momentum in favor of the bears, however, we are seeing some early signs of a reversal. A 4hour close above $2.75 is a good sign XTZ will continue up from this level to our next resistance at $2.90. A rejection from $2.75 and expect Tezos to continue selling off towards $2.20 A v.s D Looking at our accumulation we can see our uptrend is being respected and it is forming an ascending pendant, expecting a breakout towards the upside.
COINBASE:XTZUSDLong
by UnknownUnicorn2434649
2
XTZBTC Key Support| Local Resistance| Lower High?Evening Traders Today’s Technical Analysis will be on XZTBTC that has been in a strong bull trend, a correction and a retest of the .382 Fibonacci is likely before a continuation. Points to consider, - Bull trend intact – consecutive higher lows - Key support (.382 Fibonacci) - Local resistance to break - RSI correcting to support - Stochastics projected down - Above average volume - VPVR decreasing in volume XTZBTC has been putting in consecutive higher lows keeping the bull trend intact, it has tested the .392 Fibonacci as the new potential higher low. The .382 Fibonacci is a key support being in confluence with the structural horizontal. Local resistance is a key level to break for the market structure, this will allow XZT to leave current trade range. The RSI is correcting to neutral territory from overbought conditions, healthy to see in an uptrend. Stochastics on the other hand, is to correcting with stored momentum to the downside. Volume nodes are clearly above average, this needs to sustain for a continued bull trend. The VPVR shows low volume of transaction below key support, a break to this support can propel XTZ to test lower regions. Overall, in my opinion, XTZBTC is putting in a probable lower high in this will defined trend. A break of ley support will increase the likely hood of a higher low – first signs of a trend reversal. What are your thoughts? Please leave a like and comment, And remember, “What seems too high and risky to the majority generally goes higher and what seems low and cheap generally goes lower.” – William O’Neil
by AzizKhanZamani
Tezos Top-down analysisTezos is just an absolute beast, no denying. It has broken up its corrective wedge pattern on the daily and is making a run for the highs again. It's definitely in a possible area of resistance/consolidation based on the fibs but could just blast through it. It is right at the log .618 from the high but has surpassed the .618 on the arithmetic/linear scale. I included the BTC pair in the bottom right to illustrate how it appeared to be making a *potential* head and shoulders and broke that pattern strongly, which is typically a strong buy signal once the right shoulder level is broken. Also, its basing pattern appears to be similar to Bitcoin and other major alts basing pattern so I think it's possible Tezos is leading here.
KRAKEN:XTZUSDLong
by jthrasher
2020 Canidate $XTZ $XTZUSD #Tezos #Crypto Daily Looking at our trend timeframe we see XTZ has been in an uptrend since late 2019. Stochastic RSI showing momentum is just now starting to shift in favor of the bulls. Price has been consolidated between $2.55 and $2.80. Yesterday's daily candle was a bullish engulfing at a support level and we should expect Tezos to make another run towards the upside. 4Hour Shifting over to our pattern timeframe we see XTZ has broken out of its minor downtrend and tested for support. The price has remained above our retested support, stochastic rsi showing momentum in favor of the bulls although we are short term sell-off. A 4hour close above $2.77 activates our trade, rejection from this level and expect our sell-off to continue towards $2.25
COINBASE:XTZUSDLong
by UnknownUnicorn2434649
Bear Proof $XTZ $XTZUSD #Crypto Daily Looking at our trend timeframe we see XTZ has remained in an uptrend, stochastic rsi showing momentum has bottomed out. Looking at our (3) most recent daily candles we see price forming higher lows, this is a good sign and we could be prepping for another leg to the upside. 4Hour Shifting over to our pattern timeframe we see XTZ has broken out of its minor downtrend and tested for support, stochastic rsi showing momentum in favor of the bulls. A "wammie" double bottom was left inside our $2.60 zone. XTZ looks like it wants to make a radical jump from $2.60 to $3.60, however, we could see a retest of $4.00. A 4hour close above $2.75 is a good sign we will continue towards the upside. Last time XTZ was at this price we saw a run from $2.60 almost up to $4.00.
COINBASE:XTZUSDLong
by UnknownUnicorn2434649
7