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3X Long Tezos Token

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XTZBULLUSD trade ideas

XTZ looking ready for ATHBeen following/playing this one for years. One of the more disappointing cryptos (price wise) that didn't get the same boom many of the big boys got when crypto was on fire late last year and early this year. However fundamentals are solid and while most cryptos will eventually die off, I expect we see this one still around 10 years from now. Not my usual play. RSI is higher than my usual entry and all kinds of resistance ahead. Not to mention this was just priced at $4.50 a few days ago. But sometimes you have to throw that out the window, especially in the crypto world. Something tells me if XTZ breaks or at least maintains these resistances for a few days, ATH are not too far away. Volume these past few weeks does seem to be at ATH levels. Time for price levels to do the same. 66%+ gains are definitely in play Starting an entry here not going to nuts with it. Will average down if given the opportunity.
COINBASE:XTZUSDLong
by DrewDimes
4
XTZ Rallies Again! Up 16.85% from Base PreliminaryXTZ is at it again guys. Got out of the last swing yesterday at .618% with hot gains just in time to snag this new momentum play after BTC's latest correction this morning. The gift that keeps giving, XTZ has netted me 16.85% gains so far from a 5.9183 base preliminary from this morning, after I tested the depth with new series of DCAs entered on the way down to the bottom (yellow rays), starting at 6.4386. I expect this swing to keep climbing after a series of tests and retests and minor corrections peaking around the 1.618% Fibonacci level where I'll consider liquidating my position after taking profit at each fib zone on the way up. Wishing everyone prosperous and safe swing trading -- Jalapablo *Professional Wyckoffian VSA crypto swing trader (since 2017). I regularly seek out the most lucrative swings on all the major exchanges. All my charts are clean, straightforward, and easy to follow. No junk, no needless indicators, just solid volume spread analysis ( VSA ) and 'take-the-money-and-run' Fibonacci target zones. I go after the runners and big money. My win rates are between 80-85%. Follow me on TradingView and see for yourself. I review over 300 coins & tokens daily and handpick all the runners myself (no bot signals). ** Not financial advice. Trade at your own risk.
COINBASE:XTZUSDLong
by jalapablo
1
Tezos WeeklyZoomed out, we see that this has been in an uptrend since inception. This project does not get the fanfare of some of the others (Sol, Atom) but if you look at the solid demand over the past few months it's apparent that it''s only a matter of time until this coin rockets up in price discovery. Right now, 77% is staked and earning it's holder interest, and I'm not planning on selling anytime any time soon either, although it would be silly not to take profit here and there as we start to reach my targets (in my last post). Overall this is a long hold with amazing fundamentals, on-chain governance models that are future looking, and a good inflation rate to support further growth (inflation is not always a bad thing) as new market participants start to take interest in Defi and NFTs with low fees (try entering a contract or minting an NFT on Ethereum right now). Even though I'm still an Eth bull (have been since early 2017) I refuse to pay the fees and have started to put most of my long term ETH hold into the ETH 2.0 contract.
KRAKEN:XTZUSD
by Tiger_Style
Tezos looks so good right nowA break above $7.5 and this could trigger this cup and handle. I usually dont trade these types of patterns, and I've been a long time Tezos holder, getting some awesome entries below $2, and my company validates and endorses blocks, but this chart looks too good to miss. If you dont know about Tezos, DYOR. In short it's a L1 with very low fees (.01 cents per TX) and has several options for DeFi and NFTs already build and working. I'm looking at near term targets above $20 and long term above $200.
KRAKEN:XTZUSDLong
by Tiger_Style
1
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)
COINBASE:XTZUSDLong
by Mboersma0324
4
XTZ Up 19.30% from Base PreliminaryXTZ has netted me 19.30% gains from a 4.5856 base preliminary I made yesterday, after a series of DCAs I made on the way down (yellow rays), beginning at 5.5030. I expect this swing to keep climbing after a series of tests and retests, peaking around the 2.272% Fibonacci level where I'll consider liquidating my position after taking profit at each fib target level on the way up. Wishing everyone prosperous and safe swing trading -- Jalapablo *Professional Wyckoffian VSA crypto swing trader (since 2017). I regularly seek out the most lucrative swings on all the major exchanges. All my charts are clean, straightforward, and easy to follow. No junk, no needless indicators, just solid volume spread analysis ( VSA ) and 'take-the-money-and-run' Fibonacci target zones. I go after the runners and big money. My win rates are between 80-85%. Follow me on TradingView and see for yourself. I review over 300 coins & tokens daily and handpick all the runners myself (no bot signals). ** Not financial advice. Trade at your own risk.
COINBASE:XTZUSDLong
by jalapablo
6
Tezos clings to life supportWhat do you know, Tezos almost made a new ATH and proceeds to dump 40% over the following week. To say long term holders and the community is dejected is an understatement. This coin has been nothing short of a series of gut punches to its biggest supporters. Right when you get most excited, it reaches in and rips your soul. Until Tezos proves me wrong I'm convinced this thing will never bring long term holders wealth. No matter how positive the news, the asset cannot ever sustain itself. A tragedy because this really seems like a promising project and the news outside of price action couldn't be more positive. If September closes red it's going to get dark. By dark I mean we're probably in trouble If it closes in "hell" well, you know what that means. Purgatory would be a win at this point and unfortunately it looks highly probable that this thing will dump for the remainder of the month. Heaven... well it ain't happening any time soon. Bottom line... Tezos must reverse course now or it's probably over for good.
COINBASE:XTZUSDShort
by m00nsnacks
12