As you can see the current weekly candle using the Heiken Ashi chart is painting red. We would not be surprised to see a quick drop to the $1.70 area from the current $2.50. A 30% drop. Finding support on what we at SparksterSignals call the golden mean horizontal (dividing the chart visually between bear zone and bull zone). Following that correction we...
#TEZOS jumps from the MA100 on 4H chart. At the moment the priority is upwards cause we're located inside the correctional phase. Before entering LONG we should see a confirmed bounce from the mentioned level.
We're in the middle of the range $3.05 - $2.60, don't think to enter any positions here is a good idea, R:R is 1:1. It looks better just to wait the price will touch support or resistance and after that make my turn. And I would rather prefer to buy pullback than to short it above $3, i.e patiently waiting for the further PA. Hit the "LIKE" button and follow to...
XTZ followed the market pump and broke out 2.15 resistance. Target for this move is resistance zone at 2.47 - 2.55$. Although there is a chance it will pullback to re-test broken resistance, before going higher. This would give a chance for safe long entry. Support: 2.18 / 2.10 / 2.00 Resistance: 2.47 / 2.55 / 2.73 Week chart look bullish.
Tezos is Kicking off this beautiful Friday morning kicking off this beautiful Friday morning where the sun where the weather today looks spectacular on the east coast :-) So my guess is sometime around 4 to 7 AM so my guess is sometime around 4 to 7 AM during peak Asian trading hours (Probably as a result of probably as a result of the resurgence i've...
Bullish view for Tezos 1H chart Fib spirals showing areas of potential support and resistance, showing bottom and tops Positive volume trend Falling wedge can be observed and is a bullish continuation pattern in this case My other chart for Tezos, as you can see there is a rising wedge, a bearish pattern. Which pattern will be dominant? On the daily...
Labelled (1) initial breakdown formation, pushed through fib resistance Labelled (2) Breakdown phase Rising Wedge pattern present Included EMA as support, Looks quite stable
Tezos rompeu a resistencia, que agora passa a atuar como um suporte, na regiao dos US$ 1.78 e disparou ate US$ 2.10 no inicio do dia de hoje, agora entrando em movimento de correcao, buscando a regiao dos US$ 1.87/1.88, que e a regiao dos 50% da retracao de fibonacci, bem como a regiao da media movel de 200 periodos. Vejo uma boa entrada na regiao entre US$ 1.88 a...
The XTZ price is currently trading inside a strong support area found at 25,000 satoshis. This is the previous breakout level, the movement above which in the beginning of February eventually led to the all-time high price of 40,530 satoshis on Feb. 21. The price has created a descending wedge, out of which it is in the process of breaking out. I think the price...
Tezos has seen a great bull run. However it has reached the point where the downside potential is A LOT greater than the upside potential. Support for this theory includes the bearish opening of the Gaussian alligator indicator, preceded by a double top and a bearish divergence. The previous Bearish opening held bullish potential due to the formation of the...
An eye on previous bullish harmonic move: Hi Folks hope you are doing well, this bearish trend is helping many tokens and cryptocurrencies to complete their final bearish legs to form bullish patterns and Tezos (XTZ) is also one of them. This time the XTZ has also completed another harmonic move but before moving to current pattern lets watch the previous move so...
Bought spot Tezos, it's ranging near the daily support. Assuming Assuming BTC won't be free falling it looks like a good trade for me. Information is just for educational purposes, never financial advice. Always do your own research.
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ENTRY 1 $3.00 & Entry 2 $2.50 SL $1.70 TP.1 $5.50 & TP.2 $7.50 & TP.3 $10.00 Apart from Bitcoin, there is another cryptocurrency that will continue to make a new ATH, Tezos (XTZ). As we reported, XTZ has already made a new high and worked its way into the top 10 cryptocurrencies. Currently, XTZ is trading at $3.23, with 147% gains on a year-to-date basis, all...
Yesterday I highlighted what Tezos would look like if it followed Tesla's recent trading range breakout. $3.50 within a few months is fun to think about. But what would happen if this xtz trading range breakout were to mirror Ethereum's from 2017? Bottom line is Tezos is now in price discovery. Its ok to let your imagination run wild.
Some perfect EMA touches, currently sitting at the top of the regression uptrend , 0.80.
If BTC gets a correction short term XTZ will likely form a nice Inverse H&S pattern. A invalidation of this pattern would be breaking above the neckline without a significant retracement(subjective so be careful) or breaking the low of our 'head.' Not financial advice
Zoom out and look at the daily too - highest trading volume for Tezos btc pair on Kraken ever... and the day isn't over. Someone out there with huge bags is selling. Could be a sign that capitulation is near.