Hello, traders. TEZOS/BTC is inside a bullish uptrend channel on the 4-hours chart, so we believe that the price has room to go test the top of the channel, and later the important resistance level. What Is an Ascending Channel? An ascending channel is the price action contained between upward sloping parallel lines. Higher highs and higher lows characterize this...
Tezos finds itself at a most critical juncture. $3.10 is possibly a more challenging resistance level for Tezos than $2.00 was earlier this year. The fact that xtz has not pumped above $3.10 yet during the recovery gives me hope that many of the would-be sellers on the ride up are exiting here. Thus, if we can get past this level many of the sellers will have...
I was asked to look at the XTZ/BTC pair... Overall, I would say this formation has a Bullish lean. There is clearly a tightening symmetrical triangle on the 3-day chart. The price action has remained above the 200-day moving average since it broke below earlier this year. Now the price has broken above the 50-day moving average, is holding above, and continues to...
Could be another good pump candidate. Bounced off weekly resistance and trending upwards atm. Keep in mind that this is high-cap alt (i.e harder to pump) and retrace is still possible, but R:R is 2:1 atm. Hit the "LIKE" button and follow to support, thank you. Information is just for educational purposes, never financial advice. Always do your own research.
Over the course of the Tezos life span, It has been forming a massive Ascending triangle. A series of higher lows has developed starting from the genesis candle. I would pay close attention to this formation. If XTZ is able to break upwards resistance, it may search for Higher Highs. Of course, this is a probabilistic set-up. DYOR.
Although the shorter time-frames all the way up to the 2-day chart (as shown here) are bullish... the weekly chart and current resistance levels suggest a possible drop. Until price breaks resistance we are neutral on XTZUSD.
Double top prevails as strongest chart structure this structure will likely push the price down
Hello Traders, Tezos seems that is going to test the important support level of 0.000244. I have alread setted my alarm to when it goes close to this support, will be a great opportunity to buy. Please push like buttom an follow us. Push like Buttom and follow us on tradinview. Beast regard Sandro and Gustavo.
Time has come. Not many Alts are in a good shape, even if they did not lose dominance with recent drop in BTC, meaning that as I said in related ideas, there is not much to squeeze out of alt anymore. But simply many alts' setup are not good. Pointless to have a burden on coin that do not perform for a long time. Tezos is one that shows good setup. Notice the same...
Almost time to buy back Tezos. Great project, it is one of my top 5 SOLID coins excluding Bitcoin. I already talked about LITECOIN, CHAINLINK and ETHEREUM, TEZOS is the 4th one. Look how the pattern is recurrent compared to the beginning of 2020. The setup is ready to set a new ATH. (It is very correlated with LINK, so do not overload your PTF with both of them....
Please feel free to comment and challenge me on my TA. Hit a like to show support. ----------------------------------------------- - XTZ forming a symmetrical triangle - Pushing against 50MA and daily level (3059) - MACD still on the upper hand Possible entry: 1. Retest of the weekly level (2708) -> 40% gains are possible 2. Break daily resistance (3059)...
Momentum looks good on this one. MACD pointing up. Short-term moving averages pointing up. Candle formation pointing up. Trendline being tested. A break today may see a good continuation towards 20% target. Tezos remains a favorite coin to watch at the Sparkster office.
As bitcoin prices fall XTZ hold position on 3000.It's predicted that XTZ jump up and touch price around 3375.MA 9 & 17 is my dynamic support
The exchanges love Tezos, Chainlink fans love Tezos, the bulls love Tezos, FA is bullish, and TA is bullish. With staking and transactions up, and with price continuing up too, what choice do we have but to show some love to the XTZ bulls with our own long setup. Resources: bitcoinexchangeguide.com + www.coindesk.com + bravenewcoin.com ✨ Drop a comment asking...
Sitting at fibonacci circle line, rising wedge is also in play, this fib circle line may act as resistance.