XTZ/USD: Strong Bearish Case Building – Technical AnalysisLooking at the XTZ/USD daily chart, multiple technical indicators and price action are aligning to present a compelling bearish case. Here's why I'm convinced we're heading lower:
Key Bearish Evidence:
MACD Structure
The MACD indicator is showing textbook bearish signals:
Clear bearish crossover on the daily timeframe
Histogram bars turning increasingly negative
Momentum clearly shifting downward
This suggests strong selling pressure and weakening buying interest.
RSI Confirmation
The RSI tells a clear story:
Recently rejected from overbought territory
Making lower highs alongside price
Currently showing downward momentum
No signs of positive divergence to suggest a bottom
Price Action Analysis
The price structure couldn't be more bearish:
Failed to hold above the $1.65 resistance
Series of lower highs and lower lows
Recently broke below key moving averages
Volume increasing on down moves
Market Structure
After the November rally, we're seeing classic distribution patterns:
Sharp rejection from recent highs
Increasing selling volume
Failed attempts to reclaim higher levels
Breakdown of support levels
Risk Levels:
Immediate resistance: $1.65
Critical support: $1.20
Target zone: $0.75 (Previous accumulation area)
What Makes This Setup Particularly Bearish:
The recent rally was sharp but unsustainable
Multiple timeframe confirmation of bearish momentum
Clear volume profile supporting the downside move
Technical indicators all aligning for further downside
The most telling aspect is how quickly the recent gains were given back, suggesting the bulls are exhausted and bears are taking control. Until we see a clear break and hold above $1.65, the path of least resistance remains firmly to the downside.
Traders should watch the $1.20 support level closely - a break below this could accelerate the downward movement toward the previous accumulation zone at $0.75.
XTZUSDT
Tezos XTZ price “finally” shoot outOldies here?) Do you remember that there was such a coin as #XTZ ?)
Yes - yes - this is the “stick” that shoots once a year and falls 3y)
It's hard to believe that the current growth of the OKX:XTZUSDT price will be above $1.58-1.78
Therefore, this idea will probably be more interesting for #Tezos holders
Although.... maybe we don't know something about the bright future of this project ?)
_____________________
Did you like our analysis? Leave a comment, like, and follow to get more
#XTZ/USDT#XTZ
The price is moving in a 4-hour channel and sticking to it well
The price rebounded well from the lower border of its neck at the green support level of 0.910
We have a tendency to stabilize above the Moving Average 100
We have oversold resistance on the RSI indicator to support the rise, with a downtrend about to break higher
Entry price is 0.910
The first goal is 0.980
Second goal 1.053
Third goal 1.12
Fourth goal 1.20
XTZ/USDT: Preparing for a Strong Bullish MoveXtz/usdt is showing strong bullish potential as it breaks out of its consolidation box on the weekly time frame. This breakout could signal the start of a significant upward trend, especially since these box patterns have been performing well in recent setups.
Key observations:
- The breakout above the box indicates a shift in momentum, with buyers gaining control.
- Momentum indicators such as RSI and MACD are turning positive, adding confidence to the bullish case.
- Increased volume during the breakout is a sign of strong market participation.
Tips for trading xtz/usdt:
1. Wait for confirmation of the breakout with a daily candle close above the consolidation box.
2. A retest of the box's upper boundary as support can provide a safer entry point.
3. Keep an eye on trading volume; a low-volume breakout may indicate a lack of conviction.
4. Set stop-loss levels below the breakout zone to manage risk effectively.
5. Define clear profit-taking levels based on prior resistance zones or Fibonacci extensions.
Potential targets:
- First target: .
- Second target: .
This analysis is for educational purposes only. Always trade with proper risk management and conduct your own research.
Here I buy Tezos at $1.70Here I buy Tezos at $1.70
Buy orders starting at $1.70
And Tezos major supply shock is getting triggered.
MAJOR SUPPLY SHOCK. TEZOS. NOW.
$1.70
I wanna make money again
I'm addicted to making money
But I just want dollar bills
I remember when my dad gave me a $100 dollar bill for the first time. How impressed I got by seeing that. Then I asked him who was that man on the bill. He told me the man on the bill was Benjamin Franklin and told me his story. Then I asked him the easiest way to make a lot of $100 dollar bills.
Then he said: When you grow up, go to crypto market, get a big loan of tethers. Then pump all crypto amid bearish sardines' denial and later dump all of them amid bullish sardines' confidence.
He also said: Child, on the path, you'll see a lot of bearish sardines triggered and upset, taking profits early and wait for the big correction. They'll laugh at you first and later they'll fight you. Just ignore the noises. Continue buying up everything in front of them.
Up on the hill across the blue lake
That's where I had my first heartbreak
I still remember how it all chaaaaaaaaanged
My father said
Don't you worry, don't you worry child
See this market will kneel before you.
Don't you worry, don't you worry now
Yeah!
Here I buy Tezos at $1.60Here I buy Tezos at $1.60
By watching the order books and placing market orders I'm triggering Tezos supply shock
While they are only watching bitcoin
talking about when it'll hit 100k. If today or tomorrow, I'm always two steps ahead
Buying up altcoins
And when they stop watching bitcoin and start watching altcoins mooning in the middle of the fomo, they'll have to buy them from me at a premium. Then I take their money and they get the technology and innovation they want. A fair trade. Dollar bills for me and technology and innovation for them. That's how it works.
#XTZ (SPOT) entry range( 0.560- 0.682) T.(1.180) SL(0.541)BINANCE:XTZUSDT
entry range( 0.560- 0.682)
Target1 (0.890) - Target2 (1.180)
1 Extra Targets(optional) in chart, if you like to continue in the trade with making stoploss very high.
SL .1D close below (0.541)
It is heavy coin , it may take time to achieve the targets.
*** collect the coin slowly in the entry range ***
*** No FOMO - No Rush , it is a long journey ***
**** #Manta ,#OMNI, #DYM, #AI, #IO, #XAI , #ACE #NFP #RAD #WLD #ORDI #BLUR #SUI #Voxel #AEVO #VITE #APE #RDNT #FLUX #NMR #VANRY #TRB #HBAR #DGB #XEC #ERN #ALT #IO #ACA #HIVE #ASTR #ARDR #PIXEL #LTO #AERGO #SCRT #ATA #HOOK #FLOW #KSM #HFT #MINA #DATA #SC #JOE #RDNT #IQ #CFX #BICO #CTSI #KMD #FXS #DEGO #FORTH # AST #PORTAL #CYBER #RIF #ENJ #ZIL #APT #GALA #STEEM #ONE #LINK #NTRN #COTI #RENDER #ICX #IMX #ALICE #PYR #XTZ ****
XTZUSDT Analysis: Is a Big Move on the Horizon?Yello Paradisers! Ready for another deep dive into the #XTZUSDT action? Let's uncover what's brewing and how you can navigate the market like a pro.
💎Currently, SEED_DONKEYDAN_MARKET_CAP:XTZ is sitting pretty within a crucial support zone at $0.740. This position hints at a potential upward swing, provided it maintains its current momentum. A breakthrough from this level could see it breach a major supply zone.
💎Reflecting on recent performance, SEED_DONKEYDAN_MARKET_CAP:XTZ has shown resilience. After hitting lower lows, it has managed to restore momentum and rebound to previous support levels. Now, it's crucial for SEED_DONKEYDAN_MARKET_CAP:XTZ to surpass the descending resistance and hold a strong position at the support.
💎This scenario significantly increases the probability of an upward move. The recent completion of the retest phase, coupled with a firm hold on multiple EMAs, suggests that SEED_DONKEYDAN_MARKET_CAP:XTZ is gearing up to surpass the descending resistance.
💎So, what's the game plan? Exercise patience and wait for a proper breakout above the resistance level before making any trade moves. As seasoned SEED_DONKEYDAN_MARKET_CAP:XTZ traders know, cryptocurrency markets are like strategic games. While the current bullish momentum is promising, it's wise to have a contingency plan (Plan B).
💎If SEED_DONKEYDAN_MARKET_CAP:XTZ fails to capitalize on this momentum and starts to decline, look for a rally from a lower demand level around $0.669. A breakdown below this point would invalidate the bullish outlook, leading to a significant price drop.
Trade smart, Paradisers! Stay disciplined, patient, and focused. This is the only way you can make it far in your crypto trading journey. Be a PRO
MyCryptoParadise
iFeel the success🌴
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.
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.
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.