Spotted a bullish triangle breakout on XTZUSDT. I'm only taking this trade because the BEAR PRESSURE is weakening. This may be a short term buy before we continue with the down trend. Let's see how this goes.
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
$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...
La lagging span à enfin cassé à la hausse.
Nous sommes entrain de travailler la SSB avec la LS (voir si elle fait son rôle de support) la tenkan n'est pas loin ET nous sommes sur la MM7. BON POINT D Entré.
#Cryptos #trading #ichimoku #Bitcoin #btc #cryptocurrency #xtz
Well, regarding my chart, if the price closes beneath the $ 44000 we would expect much more decrease from BTC. Moreover, it can touch the support zone $ 41128 .
if the price is being able to break resistance zone $ 44300, it would have a nice jump to $ 48181 in the near future.
please follow my analysis ...
⚠️ This Analysis will be updated ...
All supports and resistances are marked on the chart. As we can see, the price is in an important range and recommended to keep an eye on it ...
Follow our other analysis & Feel free to ask any questions you have, we are here to help .
📊#XTZUSDT ( Tezos )
💹 Time Frame : Daily
🔵 Personal Opinion : HODL
❤️ If you apperciate my work ,...
We broke down from top of funnel off weekly TD9 Sell, while slightly above daily sell zone area.
In the weekly Buy Zone now. If we break down from this zone then green daily and weekly green supports line are in play near bottom of funnel.
Red weekly extended sell zone is in play for an area to take profit after funnel break out.
- 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 $
Sell Zones :
TP1 : 7$
TP2 : 9.9$
Happy Tr4Ding !
Tezos (XTZ) is moving in a main parallel channel and it's now printing an ascending broadening wedge pattern on the weekly chart in pair with bitcoin. I expect another leg up to the resistance zone at 0.00023 and then falling down to 0.00004 level. If it couldn't reach this resistance level and rejects the EMA50 at 0.00011 it's highly possible to break down the...
Tezos has established a nice uptrend, as we can see the price bounced from 0.786 fibo, longterm trend line and support. I expect price to rise from here until it reaches upper band, but first we need to break out above purple box :).
It is not financial advice, I'm just sharing my personal view.