💎 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...
To understand XTZ & EOS is to understand zombie blockchain theory. Last year AVAX SOL ATOM where the winners against ETH via the defi pump where XTZ & EOS were to ETH back in 2017-2018 winners because they were competing vs ETH for smart contracts.
But since then there has been no FA news no developments. While ETH AVAX SOL ATOM ADA are constantly growing. So...
#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...
Hi Traders,
I recall this fractal on BTC around the 10k mark and this price action has a lot of similarities.
2 scenarios:
a) as per fractal and b) next chart below
I am leaning towards OPTION A) because of the indicators showing downward pressure and the support level makes sense.
Cheers,
S.SAri
OPTION A) as per the main post and this fractal
OPTION B)
Hi, friends hope you are well and welcome to the new update on Tezos coin. The price action of Tezos coin is moving in a wedge pattern. After hitting the resistance of the wedge on 16th of July so far the move of the price action up to the support is still due. After placing the volume profile on the complete price action moving within this wedge pattern. It can...
I will see it in the short term.
-XTZBTC-
It is breaking through again at 0.0001838.
Check if you can cross the short-term downtrend line.
If we can settle at 0.0001838, we expect to break above 0.00027920.
-XTZUSDT-
It is approaching the short-term uptrend line.
You should check if you can break the trendline and gain support.
If the upward trendline approaches...
