Here we have a very nice looking chart for XTZ, some strong support over the blue line. Forming an inverse H&S. We can easily see XTZ push up to $1.49 at a 50% gain from here the next stop being within the yellow lines. The risk to reward ratio is looking very good right now. There are other coins pushing more % in a day but a little stronger on their pull backs....
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In order for a full-fledged upward trend to begin, the key is whether it can rise above 1.338.
To do so, we need to check whether we can break through the support and...
XTZ, the native token of the Tezos blockchain, has broken out of a descending channel pattern, which is a bullish reversal pattern. If XTZ can sustain its breakout, it could rally to $2 in the next few weeks.
🔥 Dive into the world of Chinese crypto powerhouses with our latest trade idea! 🇨🇳💹 In this video, we break down an exciting strategy for trading NEO, XTZ (Tezos), and Filecoin. These three coins are making waves in the crypto space, and we've uncovered a unique approach to capitalize on their potential.
🚀 NEO - often referred to as the "Ethereum of China," NEO...
Logarithm. Secondary trend. Time frame 3 days. Horizontal accumulation channel. Formation of the wedge 9 months. Now there is a breakthrough of its resistance. The targets of the wedge and the channel are shown. Also medium-term targets at the exit from this horizontal channel. At the resistance of the accumulation channel be careful and protect the profit.
Based on the given market data, the XTZ to USDT pair is currently priced at 0.861 USDT per XTZ. The four-hour Relative Strength Index (RSI) is at 68.20, indicating that the cryptocurrency is nearing the overbought territory. This could suggest that a price correction might be due soon. The Moving Average Convergence Divergence (MACD) for the same period is 0.017,...
💎 XTZ has indeed garnered our keen interest, currently navigating a pivotal region within a consolidation zone. For XTZ to perpetuate its upward trajectory, it's imperative to breach a formidable resistance barrier, a feat it has previously grappled with, often facing rejection.
💎 Should XTZ falter in overcoming this resistance, it's likely to regress to the...
Logarithm. Time frame 1 week. Main trend.
Idea for understanding the local work zone for traders in the main trend. It will also be useful for investors to understand the cheap/expensive zones for investing.
Linear price chart.
Secondary trend. Downward channel. Area to work. Time frame 3 days.
XTZ/USD Secondary trend. Downward channel.
Logarithm. Time frame 3 days. Secondary trend.
Downward channel. The price has been falling for 16 months (1.4 years). It is quite possible that finally this downtrend channel of almost a year and a half will be broken. On the chart there are dynamic resistance lines (like a Gann fan).
There is a possibility that some kind of sidewall with a significant % step...
Hey folks - been a while since I made one of these (not too much interesting movements in the crypto markets lately, honestly), but after a long period of inactivity in XTZ, *something* seems to have triggered a move.
There's a few people wondering where this spike in Tezos came from - unless the transaction was triggered by literally one wallet (unlikely since...
💎 XTZ has undoubtedly captured our interest. After facing a significant rejection upon hitting a robust resistance zone, XTZ is now retracing to the support level at $0.685.
💎 For a potential rebound, it's crucial for XTZ to exhibit bullish candlestick patterns within this support zone, signaling a possible return to challenge the strong resistance.
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...
Bounced off the $0.655 DEMAND and has rebounded into a pivot at $0.67 and was rejected this could have been a liquidity hunt on the fractal times, still needs to get above the 50 EMA to continue upwards!
💎 Paradisers, turn your attention to XTZUSDT! We've observed it poised for a remarkable move, having recently retested the descending trendline and now setting the stage for potential outcomes.
💎 A brief retrospective reveals that Tezos has been adhering to a descending trendline, facing rejection thrice. Interestingly, it managed to break above this trendline...