Here is the whole trading history of the once quite popular pair XTZUSDT
The XTZ price grew skillfully during 2019-2021 from $0.35 to $9
And then a stable downward trend, which has been going on for more than a year
Now the XTZUSD price is at a critical point.
If buyers can gain a foothold above $0.75 , there will be a good chance of working out the blue...
Here is the chart for Tezos (XTZUSDT) from December 10, 2022, going perfectly as predicted...
Not trying to brag or show off, just sharing this to say, if we can predict the bottom, we can also predict the next wave up.
Brace yourself... Cryptocurrency is about to turn wild, crazy, amazing, profitable and extremely fun.
Namaste.
Tezos is slowly recovering.
It took him a long time to overcome EMA 77 (orange) and he now managed to confirm it.
It's a good coin, I expect a turn in the uptrend, but I have no problem hodl it and buying more.
First target at least 80%
Iam in at 758
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.
If you've been following, you know that altcoins printed a major low/support in May/June/July 2022... This low is being mostly followed by a higher low in Nov./Dec. 2022... This is not the case for Tezos (XTZBTC).
Tezos hit a low in May 2022, before many other altcoins/pairs, and after a long consolidation phase it broke down and went lower, hitting a lower low...
Tezos (XTZUSDT) has done a massive -90% correction from its All-Time-High and so far hit its November 2019 low levels.
Just a bit lower and XTZ will be trading at All-Time-Lows...
You know what we love to say; Once we hit bottom, the only place left to go is up.
One final drop and the bear market is over for this pair.
It can go lower to a total of -91 to...
We've a Double Bottom pattern on the $XTZ/$BTC chart. This pattern is a bullish indication and could indicate a potential trend reversal. We may consider buying at the neckline at the current price.
Taking a look at Tezos and we can see clear trend lines both above and below the current market price - we've had some cracking trades through Crypto Tipster v2 over the last few months and years and this could well be another one!
After a little fakeout on the downside we're now trending back within the historical range with one target to aim for - the top of...
Going long on xtz here. Looks like a great setup. Supply zone from the drop has now been tested as demand and is holding. Looking for it to run to the next supply area. Let's go Fam...
$xtz. $btc. $crypto.
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...
XTZ continued its price growth last week. The support of buyers has caused the resistance of the range of 0.86 to 0.90 dollars to be broken. Hitting the two important static and dynamic resistances in the range of $1 to $1.05 had a negative reaction, and has caused the price to stop below this resistance. If the support of buyers can break this resistance, we can...
I guess there will be some downs ahead of #tezos so Im #bearish on tezos in the midterm
but for the short time, it could go to 1.03 before the down (until hitting Ichimoku cloud ceiling)
of course, they are all on #BTC train, yet it might
Past Performance of Tezos
In the second half of 2022, Tezos lost 63 percent, further heaping pressure on buyers. At spot rates, XTZ is not yet out of the woods, just not yet. Looking at the performance in the daily chart, prices are bouncing from the middle BB, a dynamic resistance line. This development is generally bearish. As it is, buyers must clear $0.83,...
as soon as man u signed the deal with XTZ, the value has since dropped over 80%. laughable club laughable partnership. the American owners are surly only out for a paycheck at the end of the day, part of me thinks they enjoy running this club into the ground.
![XTZBTC: $XTZ/$BTC [Tezos]: Double_Bottom](https://s3.tradingview.com/w/wyxqSGyC_mid.png "$XTZ/$BTC [Tezos]: Double_Bottom")
