Is Tezos Ready for a Breakout?Crypto is starting to heat up again and Tezos may be gearing up for a major breakout. It has struggled with the 61.8% Fib retracement level and is also contending with the downward sloping trendline. Pay attention to this one in the coming days/weeks if it manages to clear those two hurdles.
XTZUSDT
XTZ/USDT (Approaching Key Trendline Resistance)XTZ/USDT
-the price is approaching the trendline resistance again
-technically, we are in a bullish market
-as the price action is above 200ma
-our objective is to look for Long entries
-if we can close above this line resistance
-opening a Buy order is the best position
-upside potential is the key swing top at $4
Tezos (XTZ) - May 19Hello?
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The uptrend line (1) and the downtrend line (2) intersect on May 21st.
We need to see if we can get support on the uptrend line (1) today.
You should also see if you can rise above the downtrend line (2).
After May 21st, I think it is important to be able to rise above the 2.7490 point and follow the uptrend line (1).
If it falls below the uptrend line (1), it must be supported at 2.5894.
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** Check support, resistance and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee profit or loss on investment.
Description of abbreviations shown in chart
R: A resistance point or section where a response is needed to preserve revenue
S-L: Stop-Loss point or section
S: A point or section where purchase is possible to generate profits as a support point or section
XTZ/USD - distribution and further downward movement.
As long as we are under the key level.
Everything looks more like shorts.
2.40 acts as local support, break-down and fixation will be a signal for sales.
The exit above 2.60 will be a signal to buy.
At 4h we are under the key level.
The EMAs are directed down.
Next level is 1.82$.
Push ❤️ if you think this is a useful idea!
Before to trade my ideas make your own analysis.
Thanks for your support!
Tezos (XTZ) - May 14Hello?
Dear Traders, Nice to meet you.
"Like" is a great power for me.
We will try to reciprocate with better information.
By "following" you can always get new information quickly.
Thank you for always supporting.
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You need to make sure you can climb above the 2.5894 point.
If it falls below the uptrend line (1), we believe that trading is needed to preserve profit and loss.
If it rises following the rise of the BTC, it is expected that near 2.7490 is the maximum ascent.
In May, we marked the date you should be interested in.
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See support, resistance, and abbreviation points.
Support or resistance is based on the closing price on the 1D chart.
Description of abbreviations shown in chart
R: A resistance point or section where a countermeasure is needed to preserve revenue.
S-L: Stop-Loss point or section
S: A point or section where purchase is possible to generate profits as a support point or section
XTZ /USDT - Opinion- narrowing the price inside the triangle, blue dotted line is an alternative resistance;
- key level 2.89$
- the indicators point upwards.
Who's not in position:
Enter after the breakout/resistance retest (dashed or solid).
Stop-loss at $2.58. Profits are marked by green zones on the chart.
If you have your own opinion or thoughts about current market situation, feel free to write it in comment below !
Tezos (XTZ) - May 10Hello?
Dear Traders, Nice to meet you.
"Like" is a great power for me.
We will try to reciprocate with better information.
By "following" you can always get new information quickly.
Thank you for always supporting.
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Bitcoin Halving has about 3 days left.
I think it is necessary to prepare for the sudden movement of BTC.
We need to make sure that it rises above the 2.7490 point and creates a closing price for the 1D chart.
You should also check if you can get support above 2.5894.
I think there is a good trend to see if the balance of power can change from the selling trend to the buying trend.
In order to ascend, the closing price of the 1D chart must be created above 2.4614.
However, if the closing price is generated near the 2.4614 point, it is not expected to increase much.
I think it is likely to fall again near the downtrend line (2).
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Rather than deciding to which point it will rise, I hope now that we can decide where to keep our profits and losses and close the upward trend with good results.
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See support, resistance, and abbreviation points.
Support or resistance is based on the closing price on the 1D chart.
Description of abbreviations shown in chart
R: A resistance point or section where a countermeasure is needed to preserve revenue.
S-L: Stop-Loss point or section
S: A point or section that can be purchased for profit generation as a support point or section
#XTZ & #LINK - New Update! $XTZ price has broken the bullish triangle. However, Tezos is getting weaker and weaker, so the retest can be failed. If the price falls under the support level, $XTZ is dead. If not, the target is $2.94.
$LINK is much more bullish and bullish formation looks solid. The priority is upward and the main target is $3.9.
Tezos (XTZ) - May 6Hello?
Dear Traders, Nice to meet you.
"Like" is a great power for me.
We will try to reciprocate with better information.
By "following" you can always get new information quickly.
Thank you for always supporting.
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Bitcoin Halving has about 7 days left.
It is expected that this week will be flown to decorate the finale of Bitcoin Halving.
We need to make sure we can get support from our current location, 2.7490.
I think it is an important location for future direction determination.
If you fall below the uptrend line (1), you are likely to touch below 1.6549.
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Rather than deciding to which point it will rise, I hope now that we can decide at what point we should preserve our profits and losses and close the upward trend with good results.
----------------------------------------
See support, resistance, and abbreviation points.
Support or resistance is based on the closing price on the 1D chart.
Description of abbreviations shown in chart
R: Resistance point or section, where a counter is needed to preserve revenue
S-L: Stop-Loss point or section
S: A point or section that can be purchased for profit generation as a support point or section
XTZ (Y20.P3.E1).Macro.Back on trackHi All,
Looking at the MACRO level for tezos, it seems its regained its macro uptrend level.
I haven't looked at it for a long time, now looking at it, its done a beautiful inverted BARR structure.
I do have XTZ on the day with a slight downward tone, not much so it fits the narrative that it will be in this zone for a while as long as it maintains above this bottom level of this channel for the coming days.
For the short term, I don't see it going up much, just sideways.
However lets revisit it a few days from now and see how its tracking as its a good performing crypto.
Note: I have two targets in amber, but how soon, I need to see another 24 to 48 hrs to gage what's going on with BTC in the short term.
Cheers,
S.Sari
Ref: A.Charts
12 HRLY chart shows indicators with hidden bullish divergence and hence gaining momentum
Monthly (left) and Weekly (right) charts>
Demonstrating that we are just above the main resistance but if can have the weekly candle close above the previous undecided red candle, spinning top? then its xtz season.
If it can't and we go down the strong support of 1.8 to 2.2 range.
Tezos Bullish Engulfing candlestick pattern.Hello Traders,
XTZ is showing us a bullish engulfing candlestick pattern after reversal at 0,5 fibonnacci level, but we still bellow the short term resistance line,
For now we must wait to see if we broke the short term resistance line, but we see this asset on a bullish momentum.
Please push like button and follow us on our social midias.
Best regards Sandro and Gustavo.
Tezos (XTZ) - May 3Hello?
Dear Traders, Nice to meet you.
"Like" is a great power for me.
We will try to reciprocate with better information.
By "following" you can always get new information quickly.
Thank you for always supporting.
--------------------------------------
Bitcoin Halving has about 10 days left.
It is expected that the upcoming week will flow to decorate the finale of Bitcoin Halving.
It is close to the important point, 2.8886.
Therefore, if you rise above the 2.8886 point, I hope you will judge well and get good results.
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Rather than deciding to which point it will rise, I hope now that we can decide where to keep our profits and losses and close the upward trend with good results.
----------------------------------------
See support, resistance, and abbreviation points.
Support or resistance is based on the closing price on the 1D chart.
Description of abbreviations shown in chart
R: Resistance point or section, where a counter is needed to preserve revenue
S-L: Stop-Loss point or section
S: A point or section that can be purchased for profit generation as a support point or section
#Tezos / BTC Tezos made a fantastic spike
We still expect that the rise has not ended and will continue to rise to respectable prices, as shown in the drawing
A good buy is on the trend line
If the trend line is broken, this idea will be canceled
Please support this idea by pressing the like button
Take Care
XTZUSDT, short to 2.69, 2.63. Fake growth.Hi, friends. Lets look on XTZ. We see fake growth. Big volume undistributed sells. So we go down to 2.69, 2.638. Keep your wallet guys! Levels thanks to X-Lines indicator. If you want try X-Volume free trial write in private. Link to X-Volume below.
Waiting your likes!