Past Performance of Tezos XTZ prices are printing higher at spot rates, adding 10 percent in the previous trading day. Like the rest of the crypto markets, the coin appears to be finding its footing after deep, double-digit losses of the past trading week. Overall, sellers are still in control though the tide could change in the immediate term if XTZ prices are...
Consistent higher lows can be seen on the left chart (coinbase) Each one of these lows provides a unique support level The uptrend isn't going anywhere On the right I demonstrate how price is above a confirmed support level This will lead to a bounce and return upwards Bullish
Do I smell bottom right here? Looking at all previous corrections, XTZ has never retraced more than 75% in price. And right now we are at that level again, suggestion take off will be soon! Hold my beer pls ---- No financial advice, do your own research, don't be stupid
Just drawing and posting this to keep things in mind. XTZ is on the green line of long term support. Interesting to see if it holds.
The metaverse (Decentraland especially) has a lot of hype behind it but the utility aspects of it is still underbuilt in its current form. Will it eventually get there? A look at a few things being worked on in the background during this bear market.
XTZ has been correcting from its ATH since October 2021. It is like a textbook correction with typical bear market rallies. Tezos is now trading around its main historical support trendline. If XTZ breaks below that, I think we will head towards $2-2.2. However, given the current level and historical upside impetus from the main support trendline that you can see...
Bullish structure on Tezos. Still working on the count but trend looks good for now. First target should be 100% of a, around 5 usd.
Tezos broke up this triangle📐 and I think there is chance for run to 5 and even higher. Setting BUY LIMIT order to previous range high to catch🎣 the pullback. ENTRY : local high @ 3.242 STOPLOSS (SL) : local low @ 2.857 TARGET (TP) : height of the triangle projected from midpoint of the local range (BUY LIMIT - STOPLOSS) @ 5.080 REWARD RISK RATIO (RRR) :...
Hello everyone! Tezos is inside this triangle pattern, There is a high chance that XTZUSD will drop to 2.65 - 2.56 areas and bounce back to 3.79.
Good analysis is not the one that is perfect but the one that has numerous backup plans to reduce probability to the minimal. Following XTZ for the past few days we have 4 different pattern in place the up trendline which failed along the line, the Wolfe pattern which was truncated, the ascending triangle which as well failed (got me remembering the old time rule...
#XTZ/USDT $XTZ is inside weekly broadening wedge pattern, and price is near lower line. 🐮 holding the lower line of wedge that is the same with support zone, will increase price to resistance around $4 and break out from this resistance will head up price toward resistance of 0.5 fib level that is the same with ascending trend line. break out from ascending...
TEZOS is holding the 3.23 to 2.72 Volume Profile support zone & is now trying to break above it with a higher high & a higher low in place. If it succeeds in breaking above the black anchored VWAP from recent low & then cross above the nearest GANN line, then the next 2 FIBO levels will be targets. (See chart for TPs 4.48 & 5.37) Rejection from VWAP or GANN line...
Tezos retested the Monthly 2.85 support and is now going for the 3.6 4h resistance I think we will see some short term uptrend for about a 10% move and we'll see how it reacts to the resistance Im only trading breakouts at the moment so I'd be interested in seeing it break above the lightblue resistance I drew let me know what you think about this ↓ leave a like...
Possibility of growth for XTZ. It has good support in the $ 3.1 range
Tezos (XTZ) on 4 hour timeframe formed a Wolfe pattern and it is heading towards it first target of $3.22. The RSI indicator is also forming a divergence which supports it bullishness. The support trendline is good for building buy/long position a stop loss below it is advised but not tight to avoid being chased out of the momentum.
Might get in trouble for sharing this little dose of hopium because the recent downtrend definitely does not support it... but screw it!! Some very bullish news pumped XTZ's price last week when Ubisoft announced it would sell gaming NFTs on the Tezos network through marketplaces Objkt and Rarible, which just launched integration with tezos....
Beautiful chart of Tezos digital currency This chart has repetitive uptrends that have happened many times and I expect a 400% uptrend in the currency to start in the next few months. Share your analysis with me in the comments
Solid Project to get into this drop of the market. Has potential long term ( as you can see I didn't use the Log chart). It hit it's long term support line, might have another bounce. I got into 3$ with a target of 4.05$ as a rebound. Also can drop to 2.75$ or even lower, where I will buy more : 2.50$ - 2$ If BTC moves again higher than 46.5k till 49k, might...