TEZOS FORMING A POSSIBLE CUP AND HANDLEIn this chart of BINANCE:XTZUSDT , the coin is forming a possible cup and handle formation,
a bullish pattern in trading. In this idea, I will provide some keys and strategies in trading at this stage. So, stay tuned for the updeates on the idea threads below.
Happy trading and may all of us more profitable this 2024!
XTZUSDT
XTZ ANALYSIS🔮 #XTZ Analysis - Support and Resistance 🚀🚀
💲💲 #XTZ is trading above its supply zone and we have seen rejection from its resistance zone before. But if #XTZ closes above the supply zone and sustain the higher price, it will indicate a good bullish move 📈
🔖 Current Price: $0.899
⏳️ Target Price: $1.130
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
🏷Remember, the crypto market is dynamic in nature and changes rapidly, so always use stop loss and take proper knowledge before investments.
#XTZ #Cryptocurrency #Support #Resistance #DYOR
XTZUSD - An Incredible RecoveryUsing previous highs and lows to plot a channel up where price will likely return to as this bear move ends.
The bars pattern in white is the parabolic run BTC from 2017, just showing how price could return to this upward area with a bullish move.
This coin could get pretty bullish once it gets out of this slump.
XTZ/USDT Secondary trend. Channel. Wedge. Pivot zone. 11 2023Logarithm. Secondary trend. Time frame 3 days. Horizontal accumulation channel. Formation of the wedge 9 months. Now there is a breakthrough of its resistance. The targets of the wedge and the channel are shown. Also medium-term targets at the exit from this horizontal channel. At the resistance of the accumulation channel be careful and protect the profit.
Now in the moment the price 0.777 (21)
Speculation and Investing. .
ICO 2017 .
5000 XTZ = 1 BTC
After ICO = pamp 11 X (resetting positions).
After 6 years .
2023 5000 XTZ = 0.11 BTC (-9X)
2023 44,494 XTZ = 1 BTC
Altcoins are for speculation and making money on volatility,
not for long-term investment (hold).
Surrender Zone. Mani management.
Several times there was an entry under support to gather liquidity (stop loss). Later, there may well be a return to it (depending on how high the price will be at the reversal) in a relatively short time (final market capitulation) from the trend position (probability of no more than that, which should always be remembered).
Line chart for clarity.
Secondary trend with downward channel (all the decline from the highs + this accumulation zone).
XTZ/USD Secondary trend. Downward channel. Publication 01 2023
Primary trend (entire trading history).
XTZ/USD Primary Trend. Downtrend channel Publication 01 2023
Main Trend 01 11 2023 Price $0.777 now in momentum.
XTZUSDT.1DBased on the provided data, the XTZ/USDT pair seems to be in a bullish phase. This is supported by a high Relative Strength Index (RSI) in all three timeframes (4h, 1d, and 7d) which indicates strong buying momentum. The Moving Average Convergence Divergence (MACD) is also positive in all timeframes, suggesting a bullish trend.
At the time of analysis, the current price of XTZ is slightly below the Bollinger Band (BB) value in all three timeframes, indicating it might be slightly undervalued and may have potential for a price increase.
As for support and resistance levels, in the short-term (4h), the price has support at $0.990, $0.870, and $0.813, and resistance at $1.121, $1.183, and $1.200. If the price breaks the resistance level of $1.121, the next target could be $1.183 and then $1.200.
In the medium-term (1d), the support levels are at $0.953, $0.843, and $0.766 while the resistance levels are at $1.118, $1.332, and $1.507. The higher resistance levels in the 1d timeframe compared to the 4h timeframe suggest potential for higher gains.
In the long-term (7d), the support levels are at $0.790, $0.647, and $0.610 while the resistance levels are at $1.270, $1.938, and $2.730. The significantly higher resistance levels in the 7d timeframe indicate strong bullish potential in the longer term.
In conclusion, based on this technical analysis, XTZ/USDT seems to have a bullish outlook in the short, medium, and long-term. However, it's important to consider that technical analysis should be used in conjunction with other research methods and market news to make more informed investment decisions.
🔥The Whales Support Tezos Price: Breakout Of Huge Channel❗️🔥XTZ in a bullish trend since whale support the price at the bottom of the channel (green area). Now XTZ breaks the channel and tests it as the support which is bullish sign.
If Bitcoin continue it's grows or consolidation at least, the price of all altcoins will go up. Especially, price of altcoins that still close to the bottom as XTZ.
💥 The two targets are on chart. $2 and $4 are the biggest resistances.
like❤️ and follow
XTZ looking nice inverse H&SHere we have a very nice looking chart for XTZ, some strong support over the blue line. Forming an inverse H&S. We can easily see XTZ push up to $1.49 at a 50% gain from here the next stop being within the yellow lines. The risk to reward ratio is looking very good right now. There are other coins pushing more % in a day but a little stronger on their pull backs. The fact you can stake your XTZ one you buy ack in is a good way to get some passive income but just make sure to unstable before this coin starts moving again up to $7.
Good luck and have fun with it
Support range: 0.814-0.949Hello traders!
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(XTZUSD chart)
In order for a full-fledged upward trend to begin, the key is whether it can rise above 1.338.
(1W chart)
To do so, we need to check whether we can break through the support and resistance range of 1.017-1.159.
However, since the volume profile section is formed from 1.631 to 2.088, the increase is likely to be limited.
(1D chart)
The key is whether it can receive support in the box range of 0.814-0.949 and rise beyond the 1.017-1.0601 range.
To continue the upward trend, it must break upward around 0.957, 1.127, 1314, and 1.556.
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- The big picture
The full-fledged upward trend is expected to begin when the price rises above 29K.
This is the section expected to be touched in the next bull market, 81K-95K.
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** All explanations are for reference only and do not guarantee profit or loss in investment.
** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA
** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.
** This chart was created using my know-how.
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Unleashing the Dragon: A Triple Trade Strategy for NEO, XTZ, FIL
🔥 Dive into the world of Chinese crypto powerhouses with our latest trade idea! 🇨🇳💹 In this video, we break down an exciting strategy for trading NEO, XTZ (Tezos), and Filecoin. These three coins are making waves in the crypto space, and we've uncovered a unique approach to capitalize on their potential.
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XTZUSDT.1DBased on the given market data, the XTZ to USDT pair is currently priced at 0.861 USDT per XTZ. The four-hour Relative Strength Index (RSI) is at 68.20, indicating that the cryptocurrency is nearing the overbought territory. This could suggest that a price correction might be due soon. The Moving Average Convergence Divergence (MACD) for the same period is 0.017, which suggests a bullish trend.
The Bollinger Bands (BB) for the 4-hour period are at 0.868, which suggests that the market is experiencing moderate volatility. The support levels for the 4-hour period are at 0.829, 0.791, and 0.714 USDT, while the resistance levels are at 0.919, 0.945, and 0.980 USDT.
For the 1-day period, the RSI is at 81.17, indicating that the cryptocurrency is in the overbought territory, and a price correction might be imminent. The MACD for the 1-day period is 0.044, which suggests a bullish trend. The Bollinger Bands for the 1-day period are at 0.887, indicating moderate volatility.
The support levels for the 1-day period are at 0.742, 0.696, and 0.615 USDT, while the resistance levels are at 0.948, 1.030, and 1.142 USDT.
For the 7-day period, the RSI is at 54.83, indicating that the cryptocurrency is neither overbought nor oversold. The MACD for the 7-day period is 55.08, which suggests a bullish trend. The support levels for the 7-day period are at 0.754, 0.652, and 0.596 USDT, while the resistance levels are at 0.956, 1.504, and 2.010 USDT.
Overall, the market data suggests that XTZ is currently in a bullish trend. However, the high RSI values, especially for the 1-day period, suggest that a price correction might be due soon. Please consider your risk tolerance and financial situation before making any investment decisions.
XTZ/USDT Break And Pumping is coming. Tezos Analysis Today💎 XTZ has indeed garnered our keen interest, currently navigating a pivotal region within a consolidation zone. For XTZ to perpetuate its upward trajectory, it's imperative to breach a formidable resistance barrier, a feat it has previously grappled with, often facing rejection.
💎 Should XTZ falter in overcoming this resistance, it's likely to regress to the demand zone, seeking fresh impetus for another ascent. However, a successful breakthrough could significantly ease XTZ's path towards its targeted supply zone.
💎 A concerning scenario emerges if, during a retest at the demand zone, XTZ fails to demonstrate resilience or muster a rebound. Under such circumstances, there's a risk of XTZ relinquishing its hold on the demand zone, potentially initiating a sustained downward journey towards a robust support area below.
XTZ/USD Main trend. Downward channelLogarithm. Time frame 1 week. Main trend.
Idea for understanding the local work zone for traders in the main trend. It will also be useful for investors to understand the cheap/expensive zones for investing.
Linear price chart.
Secondary trend. Downward channel. Area to work. Time frame 3 days.
XTZ/USD Secondary trend. Downward channel.
XTZ/USD Secondary trend. Downward channel.Logarithm. Time frame 3 days. Secondary trend.
Downward channel. The price has been falling for 16 months (1.4 years). It is quite possible that finally this downtrend channel of almost a year and a half will be broken. On the chart there are dynamic resistance lines (like a Gann fan).
There is a possibility that some kind of sidewall with a significant % step after the exit from the downtrend will be formed. The resistance zone that will confirm or deny this is highlighted and marked with an arrow.
The price has declined by -92% from the price pumping maxims. This is an acceptable indicator for altcoins of such liquidity.
Linear chart (trend direction).
The main trend. Time frame 1 week.
XTZ/USD Main trend. Downward channel
XTZ/USDT Break out the resistance or rejected again ?? 💎 XTZ has undoubtedly captured our interest. After facing a significant rejection upon hitting a robust resistance zone, XTZ is now retracing to the support level at $0.685.
💎 For a potential rebound, it's crucial for XTZ to exhibit bullish candlestick patterns within this support zone, signaling a possible return to challenge the strong resistance.
💎 However, if XTZ fails to hold its ground at this support, there's a risk of it descending further towards a more substantial support zone.
💎 On the flip side, should XTZ successfully breach the formidable resistance, it could usher in a bullish phase for the asset, paving the way toward the bearish OB region.
XTZ/USDT WHAT NEXT? 👀 Tesoz today analysis💎 Paradisers, turn your attention to XTZUSDT! We've observed it poised for a remarkable move, having recently retested the descending trendline and now setting the stage for potential outcomes.
💎 A brief retrospective reveals that Tezos has been adhering to a descending trendline, facing rejection thrice. Interestingly, it managed to break above this trendline only to face another rejection from the upper daily resistance.
💎 Currently, as it retests the trendline, there's a strong likelihood that, after a minor pullback, it might experience a decline.
💎 However, there's a silver lining. Should the price surpass the 0.700 mark, we're hopeful that XTZ will embark on a bullish journey, potentially reaching the Extreme and Bearish OB and supply zones.
💎 Remember to employ prudent trading strategies and use proper stop-loss measures! Stay alert to market movements and look forward to more insights!
XTZUSDT - endless downtrendHello everyone! Today we will consider XTZUSDT. One thing is clear about the coin so far - the trend is not planned to change. Even though the most important coins of the crypto market - ether and bitcoin somehow try to look up, XTZUSDT can't even raise his head. Therefore, I am waiting for the price even lower, for the last local minimum of 0.55 to begin with.