The previous idea work out, though it took a long time, but in the end the targets worked out well.
After a rapid and almost uncorrected fall for 2 months, sellers slowed down.
The price starts looking for an equilibrium value that would interest both buyers and sellers.
In the current situation, a smooth slope is more real, first to the liquid zone...
Tezos has finally finished it's retracement to 0.236 fib level and bottom if ascending channel. IMHO this is the last time we will ever see XTZ below 2 USD
not an advise
*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. I do not guarantee any results nor am I responsible for your actions. You should always do your own due diligence before trading or investing in this market as it is extremely risky.
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Pattern: Channel Up on 1D.
Signal: Buy as the price is testing the Higher Low trend-line of the Channel, following a Death Cross, being on the 0.618/ 1.236 Fib aggregate that previously was a buy zone.
Target: 4.500 (Resistance) and in extension 8.500 (Higher High of the Channel Up)
TA very successful on previous Tezos signals:
** Please support...
Price action of XTZ has found a very long term support on weekly chart. And this time priceline is again moving down towards this support.
On daily chart the priceline is moving within a down channel. The moon phases indicator is showing new dark moon appeared above support of channel and new full moon is at the resistance. The priceline is likely to be rejected...
XTZBTC has been one of the most consistent pairs throughout the year 2020 so far. So consistent, that in fact helped me calculate the exact top and take a sell position and hit the target with surgical accuracy as you can see on the idea below:
Now I believe it is time to start buying Tezos again as the price has made successive 1D closings above the (blue)...
Hello, traders.
XTZ is testing the support level of a bullish rectangle and is forming indefinition candlestick pattern.
The buy point is indicated if the price goes above today's candlestick pattern.
Push the Like button.
Tezos bulls revive the uptrend after bouncing off support at $3.20.
XTZ/USD could build on the wedge pattern breakout and achieve highs not only above $4.00 but also $4.50.
Tezos bulls managed to defend the support at $3.20 following a continued breakdown from the 2020 high traded recently at $4.50. The downtrend remained unstoppable with the price breaking...
Hi All,
** This is a additional TA to the previous post on XTZ with BTC pairing **
As we had a strong BTC dominance divergence play out, we had XTZ.BTC price drop and bounce significantly while slowly regaining lost territory.
I did this TA against the USDT to see if its still within the acceptable levels for a next wave up. Happily to say, the restests of the...
Price seems to use think current zone to push higher however we are charting lower highs so I'm trying to see price break those highs before I break even
Potential reversal or buying zone: $2.45 to $2.34 (it should be used as stop loss as well)
Fibonacci projection or sell zone: $2.72 to $3.12
Regards,
Atif Akbar (moon333)
XTZUSD is testing a local high as seen on the 4-hour chart. Climbing above will continue price appreciation up to our recent 15% target of £3.55 which we see as likely for next week.
