Hi All, Short to the point as the chart shows more observations and thoughts: Observation: > The momentum like BTC is on the downward trend, even though XTZ is in an upward bound trend. > We are looking at having a higher low and I have confluence with the EMA, previous support and bottom trend line with the anticipated bullish formation that D is the target. >...
Hey everyone, This is the time to pay attention Volatility up = volatility down XTZUSDT has been following a crazy parabola and I think this is the time to call for an end - at least for now. Expect a retrace to the 0.5 Fib but my most rational self is actually targetting a retest of previous resistance as support @1.7853 around the 0.236 Fib...
Current setup looks reminiscent to January 22nd run from $1.65 to $1.44 in a 2-day stretch. Let's see how this plays out.
After Ethereum broke through it's initial trading range, price increased by 160% in 5 days. It then fell 45% the next day, but quickly rose back and resumed the bull. In less than 2 months, ETH rose from $22 to $100. Tezos had a similar, albeit less dramatic rise, after breaking it's trading range - climbing 93% over a 7 day period. It's currently down around...
Tezos will need to take a breather after this move. I see an e z sell setup coming up for this. As always trade safe, pay attention to the 4H + higher frames and we all should be able to catch this sell off. I see it happening around $4 back down to 2.00 === Will look for the entry back down around this area. Dont FOMO and buy now. That would be a BAD idea with...
Bitcoin continues to print large green candles, recovering quickly against corrections - we're in a real bull market guys. Another sign of this is altcoins, which began to rapidly recover after months of losses; first of all exchange tokens ( HUOBI:HTUSDT , BINANCE:BNBUSDT ). But better not to chase pumps but find new ones, therefore It's finally time to start...
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.
Weird comparison - I get it. But I want to showcase what can happen when something breaks out of a long-held trading range. In the week of December 16th, Tesla broke out of its 2.5 year trading range and has since climbed over 150%, culminating one of the most impressive month and a half runs ever. Similarly to Tesla, this past Sunday, Tezos broke out of its...
I hope you are thirsty for some tea fellas. I expect some huge bullish movement between now and February for $ALTS. #TEZOS whales are shaking out the weak hands painting a giant Cup & Handle. This is a bullish pattern going into Q1, 2020. Look for my target on the chart. KRAKEN:XTZXBT Cheers and happy trading!
H&S completed! Regression indicator of 0.92 indicates further downsides to the support level before the price may rise again. A descending trend like this will likely lead to the formation of a descending scallop.
On Nov 1st I published the idea of Tezos / US Dollar and it produced more than 121% and below was the idea: Now the price action of World's 10th ranked largest cryptocurrency out of more than 2300 cryptocurrencies Tezos (XTZ) has formed bullish Cypher pattern and entered in potential reversal zone and ready to take bullish reversal soon at any time. This...
Priceline of Tezos / Tether US cryptocurrency is forming bullish Cypher pattern and soon it will be entered in potential reversal zone insha Allah. This PRZ area should be used as stop loss in case of complete candle stick closes below this zone. I have used Fibonacci sequence to set the targets: Buy between: 1.2072 to 1.1468 Sell between: 1.2544 to...
Priceline of Tezos / US Dollar cryptocurrency has formed a bullish BAT pattern and entered in potential reversal zone. This PRZ area should be used as stop loss in case of complete candle stick closes below this zone. I have used Fibonacci sequence to set the targets: Buy between: 1.4736 to 1.4520 Sell between: 1.5257 to 1.6032 Regards, Atif Akbar (moon333)
Info is on the chart. Keep in mind even if we confirm above $1.40 on the daily chart we could turn right around and dump tomorrow. So set a stop. Another case is we don't close above $1.40 and we still continue up. This is very possible since we did break out of a bullish pattern. I just feel a confirm above $1.40 almost seals the deal on further upside. Thanks...
Hi everyone, I am deleloper of a Trading Robot With AI called Mikabot As you see tezos inceasing nowayadas, that is good news but in the big picture the price is in the falling channel aldready. If the price crosses up the falling channel and horizontal resistance, then xtz price would move up easily