Tezos price analysis shows that the XTZ/USD pair is trading in a bullish trend as the market price has surged by over 5% in the last 24-hours. The market price is currently facing resistance at $1.79 however, if it breaks above this level, it could surge to $2. The next level of support is present at $1.68.The Tezos price is currently trading at $1.78.
Past Performance of Tezos Technically, XTZUSDT remains in a bear breakout formation despite recent gains at the tail-end of last week. Tezos is trading at near 2022 lows, posting lower lows versus the USDT when writing. The coin is down four percent in the past 24 hours but at near break-even in the past trading week. #Tezos Technical Analysis Presently, XTZ is...
Pretty much the same. Taking into consideration that we are currently in a bear market this move remains internal at a macro level. I believe that If we are not going to challenge the current vertical resistance and come back to re-test it I'm not seeing any signs of a potential trend change.
Past Performance of Tezos XTZ prices are printing higher at spot rates, adding 10 percent in the previous trading day. Like the rest of the crypto markets, the coin appears to be finding its footing after deep, double-digit losses of the past trading week. Overall, sellers are still in control though the tide could change in the immediate term if XTZ prices are...
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 Bullish
With green lines, I indicated the reversal week and strong impulses main set of positions will occur now, as well as on the breakdown of upward support from the bottom up and consolidation above the rising global support
Do I smell bottom right here? Looking at all previous corrections, XTZ has never retraced more than 75% in price. And right now we are at that level again, suggestion take off will be soon! Hold my beer pls ---- No financial advice, do your own research, don't be stupid
Just drawing and posting this to keep things in mind. XTZ is on the green line of long term support. Interesting to see if it holds.
Two scenario here... after breaking out of the falling wedge price retested and couldn't continue the bull run hence, breakdown, which turns to a descending triangle. Right now there's no sign of reversal as volume is absent in the market and price could possibly poke out to touch the weekly support trendline. Hold while we keep watch and update you on the next move.
Bullish structure on Tezos. Still working on the count but trend looks good for now. First target should be 100% of a, around 5 usd.
Tezos broke up this triangle📐 and I think there is chance for run to 5 and even higher. Setting BUY LIMIT order to previous range high to catch🎣 the pullback. ENTRY : local high @ 3.242 STOPLOSS (SL) : local low @ 2.857 TARGET (TP) : height of the triangle projected from midpoint of the local range (BUY LIMIT - STOPLOSS) @ 5.080 REWARD RISK RATIO (RRR) :...
I think we are in a good place for accumulating xtz before going up , in the coming 3 months .
Good analysis is not the one that is perfect but the one that has numerous backup plans to reduce probability to the minimal. Following XTZ for the past few days we have 4 different pattern in place the up trendline which failed along the line, the Wolfe pattern which was truncated, the ascending triangle which as well failed (got me remembering the old time rule...
#XTZ/USDT $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...
Might get in trouble for sharing this little dose of hopium because the recent downtrend definitely does not support it... but screw it!! Some very bullish news pumped XTZ's price last week when Ubisoft announced it would sell gaming NFTs on the Tezos network through marketplaces Objkt and Rarible, which just launched integration with tezos....
Welcome to this Trade Setup on XTZ. If you are reading my updates for the first time, make sure you follow me if you want the most complex charts Explained in the most simplified manner. I also post margin and futures trade setups. Now, let’s get to the chart. XTZ is currently trading at around $3.40. As per fractals, every time XTZ hits the lower support...
Beautiful chart of Tezos digital currency This chart has repetitive uptrends that have happened many times and I expect a 400% uptrend in the currency to start in the next few months. Share your analysis with me in the comments
Solid Project to get into this drop of the market. Has potential long term ( as you can see I didn't use the Log chart). It hit it's long term support line, might have another bounce. I got into 3$ with a target of 4.05$ as a rebound. Also can drop to 2.75$ or even lower, where I will buy more : 2.50$ - 2$ If BTC moves again higher than 46.5k till 49k, might...