Tezos (XTZUSD), a long forgotten market favorite, is posting today the strongest 1D green candle since February 22 2023. This is backed up by a long 1D RSI Bullish Divergence. As long as the 0.6300 Support holds, we expect XTZ to target first the Lower Highs 2 (dashed) trend-line and the 1D MA200 (orange trend-line) and finally the strongest long-term Resistance...
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For this particular analysis on TEZOS we are using the XTZUSDT symbol on the Phemex exchange.
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The idea is on the 1D time-frame where Tezos is shown trading within a Channel Down on the log scale. It has been trading below the 1D MA50 (blue trend-line) since April 07 with only one very short exception (June 09/10). The Lower Low of June 18...
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For this particular analysis on TEZOS we are using the XTZUSDT symbol on the Phemex exchange.
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The idea is on the 1D time-frame where Tezos is shown trading within a Channel Down on the log scale. It has been trading below the 1D MA50 (blue trend-line) since April 07 and despite the May 12 rebound on the Lower Lows trend-line of the Channel, the...
Our TEZOS chart shows a promising rebound to 2.998 could be in play.
Price has support at 1.823 that has already been checked, as well as resistance at 2,04. After that level the rise should be able to accelerate.
FOOD FOR THOUGHT:
LUNA's disaster could be good news for Tezos: www.nytimes.com
One Love,
the FXPROFESSOR
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
Quick Update.
- Just a reminder about XTZ.
- Don't miss the next train
- invest wisely, don't go all in.
- TP : around 10$ (unchanged)
-** IMPORTANT ** to Check in my comments the older analysis to understand XTZ older Moves.
- Follow TheKing always!
Happy Tr4Ding !
XTZ is making higher highs and corrections seem healthy and following Fibo Retracements.
i don't know much about Tezos FA so i will stay quiet on it.
Like always keep an eye on BTC moves, Everything in Graph !
Good buy zones :
- 3.5$
- 3 $
Sell Zones :
TP1 : 7$
TP2 : 9.9$
Happy Tr4Ding !
Tezos has hit the middle Gaussian band on the weekly timeframe
This will be a reversal point for the short term bearish action that has been seen
Buy the dip
Tezos has been one of the most consistent coins since the December 2018 market bottom, as it has been trading within a structured Channel Up with very clear dynamic bottom and top levels.
As the chart (1D time-frame) shows, every Higher Lows of the Channel has been either at or slightly below the 0.618 Fibonacci retracement from the previous Higher High. At the...
Hey guys, this is Julie 😉
Let's talk about Tezos today.
I am quite optimistic about XTZ, it is in a clear support zone (orange line) - this region has served as support/resistance many times before, and it doesn't look like it will be lost this time.
The bears don't seem to have the strength to make Tezos fall again.
We can see that the volume has increased a...
As you see che chart the cup is going to complete and everything is ready to fly!!
Just need a good momentum and volume to break the roof !!
I can tell it can fly i these days if BTC do not fall.
Hello everyone!
Tezos tested an important dynamic support level, and looks to retest 8.30 levels once more.
Currently the uptrend is blocked by a local dynamic resistance, waiting for a breakout at levels near 6.7.
Hi Every One
We Can See XTZ moving in ascending triangle channel and there is a major resistance at 8.2
we know in this situation price most break out the triangle up or dawn
i think in this scenario the possibility of breaking dawn is 70 % (back dawn to 6.8 to 7 for a while)
and according to the charts only 30 % possible for breaking 8.2 up
Good Trade To All
#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...
It has been a while since I made an analysis on Tezos. In fact I haven't made one since February 15. However, as you see on the idea below, the main pattern hasn't changed:
That has been a Channel Up since the bottom of the 2018 Bear Cycle. As shown on the chart, the formation has clear Higher Lows (Channel bottoms) as well as Higher Highs (tops) which in...
63% profit after providing analysis
considering the negative divergence of Bitcoin and the possibility of correcting the save market seems a reasonable profit
I will buy again in a possible pullback
