XTZUSDT: BREAKOUT SYMMETRICAL TRIANGLE, ALTCOINS SHORT SIGNAL?Hello Enthusiast Coin Traders! Here's short-term outlook for XTZUSDT, Please give us the thumbs up and support the channel by Smashing the FOLLOW button :)
XTZUSDT has broken out of the symmetrical triangle pattern. Breakout of symmetrical triangle pattern indicates the possibility of bearish movement. The momentum indicator is crossinng below the zero area, it signify the potential downward movement to the target area.
The roadmap will be invalid after exceeding the resistance/target area.
DISCLAIMER:
This is only an outlook, not a recommedation to buy or sell the cryptocurrency.
XTZUSDT
$XTZUSD - Wave analysisHello everyone!
Head and shoulders pattern is complete on XTZUSD and starting from here, Tezos should retrace a bit.
The first target we are watching here is 6.69
XTZUSDT , Exactly move to our wayHello guys
Whats up ? did you take profit ?
According to the previous chart about XTZ exactly was moved to our wave and our analysis and zone
And in here you should save profit and take 50% of your position should be close and risk free more of them
look at this analysis about some days ago and can see the magic of price action
Good Luck
Abtin
XTZ/USD - Massive strength in Tezos price action! Bullish.China FUD, market dumps -10%... Tezos? It pumps 20%.
This is a show of strength and I don't think Tezos will stop until it reaches the true test at around $9. There are a lot of converging lines around that area, including a Fib 78% extension.
I'd be surprised if Tezos can break that. See my macro view on Tezos (linked below), this line is our resistance since forever. So best to secure profits once we get there.
For now bias is very bullish and I see Tezon pumping higher, China can't stop this or anything. I am not sure what is pushing price higher and higher... but it's working. :)
Volume is up on this move higher too... another show of strength for this.
Not much else to add, enjoy the pumps.
Like and follow if you liked this idea.
Tezos to breakout again ?#XTZ
Tezos is forming a saucer bottom . Which is a classic reversal/bottoming forming similar to a cup and handle formation
The neckline is around $8 and could take us to $20 on the measured move break out over the coming weeks/months ahead . Be patient, this is a multi month pattern so don't expect to get there in one green daily candle and don't expect it to become invalidated with one red candle on the day .
There is also hidden bullish divergence on both the rsi and macd indicating a continuation to upside on the short term steepening trend !!!
like if you guys want more setups like this !!!!
XTZUSD - LOOKING BULLISH ABOVE $6.00Hey guys. Here is an IDEA for XTZUSD(T). Indicators and volume show XTZ looking bullish... A goog buy area would be around the $6.00 area.
Note that it is possible to see a wick below the $6.00 area so don't set stop loss too high!
However knowing when to EXIT a trade that is not going in your favor is very valuable! In this case we have a potential Head & Shoulders forming If XTZ breaks down a bit below the $6.00 area and this is would bring some nasty downside targets near the $2.00 area. I DO THINK THIS SCENARIO IS HIGHLY UNLIKELY but it is important to be aware of!
I do expect price action to move in correlation with BTC here as usual but if support is strong at $6.00 and BTC moves upward there is some good potential gains here. First, about 13% at the "weak resistance" and if XTZ tests the major resistance area we're looking at a NICE 25-30% GAIN!
I will re-evaluate as the situation makes major changes so follow me for updates and also check out my Twitter (link below)
(Disclaimer: I am not a financial advisor and it is important to do your own risk assessments prior to investing or trading anything. This IDEA is based off of my experience with Technical Analysis and depends on many variables)
XTZ potential for 3 digits after years of accumulationTezos XTZ has been in accumulation mode for nearly 3 years since launch. From a bull market perspective, it never really pumped. Its volatility was very tiny compared to many other ALTs in this cycle. The only explanation is that XTZ's run is yet to come.
The price was restrained in a logarithmic channel for 2 years. This is quite common for an ALT before it starts a parabolic move, like BNB.
First it will break the previous all-time high of 8.4 USD, then challenge the upper band of channel (10.5-12 USD). In the final hype it may have another 3-5x in several weeks.
The volume is picking up recently. Its fundamentals are growing solid. And perfect Cup&handle and H$S patterns and are about to be completed. Two engulfing bullish candle say it's the time.
XTZ can continue It's bullish trendHi every one
TEZOS / TETHERUS
XTZ has started a bullish Trend while ago which if we put a Pitchfork on the chart we can see that this Instrument is ranging Pretty well Between the lines of this oscillator. The Price has touched the bottom of the Pitchfork recently, and that was the pullback point for it! now the price must reach the top of the Pitchfork. the Price which XTZ can reach right now is around 8.3$.
Summery:
-XTZ is ranging in a Pitchfork oscillator
-The Expected Price for now is 8.3$
-there are also Hidden Bullish Divergences (+HD) on Both MACD and RSI Indicators!
💎Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Thank you for seeing idea .
Have a nice day and Good luck
Tezos cup and handleA lot of moonboys out there on twitter guaranteeing ATH and/or $10 by the end of the week. Hate to break it to you, it's not going to happen. But the good news is if this cup and handle formation comes to fruition we will likely close September above $9, which would be insanely bullish.
$XTZ huge uncertainty we have hereI am aware that analysing the market in its current conditions is tricky, but I just can't hold back.
Most of the altcoins are showing weakness with previous movements of $BTC and financial market in general. Multiple altcoins and $BTC are drawing symmetrical triangles on a 1D timeframe and are in the middle of it which is why I think market can go any direction at the moment. But with $XTZ the situation is even trickier.
We have two options from here. We are seeing Ascending Broadening Wedge on 1D timeframe and it went to the upper side of the channel according to my previous thoughts. Although, now is a completely different situation and this formation is ending most of the time with bearish movement. As we have been in this pattern for a long time, my thoughts are that we will retest the bottom line of the pattern and go down. I am almost certain that it will not achieve the full potential of the pattern. However, I think we will revisit the bottom line of the trend channel.
The second option is that BINANCE:BTCUSDT will not continue the downside movement and we will go to the upper side of the Ascending Broadening Wedge up to the price of 9$. But for me this is not likely to happen. Keep a close look at the hidden bullish divergence on 1D timeframe.
Entry zone of short position: 5.5-5$
Stop-loss: 5.75-6 (as we expect a small upwards squeeze to collect the SLs)
Targets: 4.53 - 3.9 - 3.25 - 2.9 - 2.4 (and 2.1 as an extreme point which is not likely to happen)
Even if I mentioned two options, I am voting for the first one.
This is not a financial advice. Do your own research. These are just my personal opinions.
Good luck.
XTZUSDT Pullback and BuyHey guys
Whats up ?
In here we have a amazing chart and coin
From some days ago the correction was finished and the trend was changed
At now we are in upward trend but we need pullback the we can take long position and buy
we shown on chart two zone for buying , why two ?
because we are in pullback and we dont know where the pullback wanna finish and continue the trend
Because of fundamental of XTZ , the technical , the bullish market we can HODL XTZ for 3 to 6 months it can be surprise all of us
we should take signal and then entrance the position and buy
we shown a orange circle zone on chart , until the lower price with shadow of candle dont break with candle close below them the upward trend is valid and fall down the price is pullback
if you have any question about any analysis you can send me a mesaages
Good Luck
Abtin
XTZ / USDTXTZ / USDT 2H Time frame. Price has approached the upper line of a descending triangle. Enter trade if/when volume picks up and price breaks out to the upside.
Take profit targets:
Target 1 - 6.9$ (approx. 3-4 %)
Target 2 - 7.2$ (approx. 7-8%)
Target 3 - 7.5$ ( approx. 12-13%)
Target 4 - 8$ (approx. 18-19%)
Feel free to like, comment, or follow me for more ideas!
Trade at your own risk!