XTZLooks like W as well. Many alts look the same. Seriously just throw a dart hold and make money soon.
XTZBULLUSD trade ideas
Very attractive to buy at this levelIts guaranteed that you will make profit with this price, if you don't overleverage. As beginner you shouldn't leverage more than 1.5 x so 50 % of what you have, you can lend, but no more, its to difficult as beginner you will be liquidated. The chart is looking bearish, but where we are in the market is a very special moment. The BTC dominance can drop at any time. The DXY can collapse at any time. And BTC can breakout of ATH at any point now. As soon as BTC starts breaking out I have no doubts that XTZ will benefit.
King XTZ 12.12.2020 Silver ComparisonI must first start out by saying that XTZ has continued to solidify its fundamentals. We are now on EDO and this last protocol upgrade really broke out the big guns. The implementation of Sapling protocol which allows for privately shielded transactions. Its a beautiful thing really. Tezos only grows stronger by the day and its evolution is simply phenomenal.
I enjoy looking at the insane similarities between alt coins and silver. It's as if they are on the same exact algorithm buys. I do expect further consolidation before an explosive move upwards. What you have now is high volatility to crush traders stop losses both upward and downward. The real losers are more than likely derivatives. Best option is still accumulation and hold. Still putting in macro higher lows. These macro patterns take many months to years to play out so if you are thinking lambo overnight you are in for disappointment. Buy and hold. I've given this simple advice since i first joined. It hasnt changed. ATOM, XTZ, SXP, BTC,ETH, BNB, AAVE, BAND, LINK, the list is endless bc there are so many solid projects and i believe they all have a place in the future. Buy a hardware wallet. Buy crypto and transfer to it instantly. Sit back and relax. Cryptos are going to go MUCH MUCH higher over the next 10 years.
XTZUSD 1hbroke the lower channel and retested twice.
if it cannot regain .236 as support we can see more downwards for short term near 2.03
Tezos Rising Wedge Breakdown XTZUSDClear rising wedge
This is a bearish pattern and bearish results can be observed already.
Long term growth potential outpaces the potential 'savings' from selling based on this observation. I advise holding if you are an owner of this coin.
Hence my position on this coin is neutral.
XTZ looking for another runXTZ looks to have formed double bottom along trendline and if we can break neckline, we will retest top at roughly $3 and possibly even $3.5
XTZThis next leg up on XTZ should hit my TP around $4 plus. Daily Stochastic getting oversold but fighting to stay in the purple box zone,
H4 looking to start moving towards overbought this should lift the daily & keep elevating the weekly stoch rsi as well. I will close 50% of my position at my TP & keep the rest on free ride for the moon shot whenever that day arrives.
XTZ warms up! $ 3.5-4.5 is comingXTZ is one of the quiet projects but has a lot of development behind the scenes. All chart indicators show Bullish trend. Lets see! My first target would be to see 3.45-3.50
Autocorrelation. Speculative long setupIf you followed my last month's call
then you are welcome! It's been a month and unfortunately XTZ isn't strong enough and got rejected by the center line of the pitch fork. These past days' PA has me scratching my head as the pattern isn't very clear, that is, until I clicked the 3D chart.
Basically, I am looking forward to XTZ repeating May-August fractal and if the idea plays out we shoot up to challenge $3.15 resistance.
This idea isn't really technical but more speculative, but I do have some arguments for bullish bias:
1. The PA pattern highlighted does have a name called Adam and Eve Reversal.
2. I consider $2.28 level a long term support/resistance on the 3D chart and it seems to me like XTZ has defended this level successfully with minimal effort to push the price though, could be testing water on both high and low levels
For this to have a great chance of playing out, we must see XTZ price push up to 2.59 level minimum by Friday close. This way we complete the autocorrelation and form a bottom pattern like in the beginning of August.
2.12.2020 - Tezos (XTZ / USD)Hi Traders!
Today we look at one of the most popular cryptocurrencies and that is Tezos (XTZ). What does the chart look like? For the purposes of this analysis, we will use a daily chart as we want to see the overall trend. Tezos also went through a slump this year caused by COVID in March. Subsequently, it rocketed and fell again. Let's look at the overall structure.
Tezos wrote off up to 78% of its growth, which is confirmed by the value of 0.786 fibonacci retracement. Tezos was quite good to us also in the falling wedge he formed. At this point, several interesting levels met:
1. Support on the daily chart
2. Fibonacci retracement 0.786
3. Turning pattern - falling wedge
You can see the bottom of the chart, and a reflection has come from this level. The chart has currently stopped at MA21, but this should only be temporary. In time, we expect an attack on the new ATH and the upper edge of this great channel. In general, we see a value of about USD 5, which would represent more than 100% growth. However, it is important that we stay in this channel and not fall below the bottom trend line. So the tariff is USD 5.00.
May the crypto be with you!
#XTZUSD Starting To Take Off!Tezos is a self-amending decentralized platform for building dApps. It's similar to Ethereum in a way that both blockchains support dApps built using smart contracts. ... The most notable one is the network's on-chain governance, which allows holders of XTZ, Tezos' native coin, to vote on the network's future direction.
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Tezos 11.30.20Tezos has continue to hold on to a nice range. With a test of 1.80 that i predicted perfectly, it still continues to fill out the 2-3 dollar range. It has previously spend many days in this area and i do not see it staying there very long. More than likely it pops straight up to test 3.50 over the next few months with a pull back to around 3 dollars where it may stay until summer of 21. Overall it continues to be an impressive asset as its lows one in 2019 was around 75 cents. That is still over a 3x so anyone telling you Tezos is doing bad or is a poor crypto simply has no idea what they are saying or simply bought a parabolic run. It would be difficult to lose money in tezos with dollar cost average. It would be easy if you are an emotional buyer who buys parabolic tops.
