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...
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) :...
This analysis is by no means a guide to just ape in and hold without checking the charts every hour or so. I would not be surprised if ADA decided to find some refuge ~10% lower than the publish time. This is the daily chart on ADAUSD, showing some indecision dojis but ideally I'd like to re-enter around 2.6 to 2.65, or rotate some of my ETH into ADA. Will...
A nice and easy short action on this correction of this parabolic ascending channel. Bitcoin done exactly the same yesterday evening. Sell the next top of the channel and close your position at the goal. Simple.
Wedge, Measured Move (looks so large as on log chart). Key levels in traffic light fashion.
💎Technical Analysis Summary💎 BINANCE: XTZBTC -Tezos is trading inside a descending channel -The pattern is Bullish if breakout to the upside -The major support area is at 1600 range -That zone is tested support twice and saw an upward move -If XTZ will continue its downtrend, it will likely test this region -I recommend buying the breakout of the channel to...
XTZ/BTC -Tezos is back at previous major support area since March trading action -This coin has been trading inside a sideways channel with a 40% range -If history repeats itself, we might see another bounce up a rally to 3750 sat -Only if XTZ can hold this level again for the 5th time -Stoploss can be placed below 2400 sat
If it breaks 3.40 level up then it will reach to 3.60 level very quickly. I see Inverse head and shoulder in 15 minutes graph.
XTZ/BTC -Tezos confirms the previous key support at still valid today -The price manages to recover from its drop recently -It is now approaching the trendline resistance -This is very crucial if XTZ can break outside this triangle pattern -If you are looking to buy a position, I recommend waiting for the breakout -Because this will give a strong bias that the...
XTZ/USDT -the price is approaching the trendline resistance again -technically, we are in a bullish market -as the price action is above 200ma -our objective is to look for Long entries -if we can close above this line resistance -opening a Buy order is the best position -upside potential is the key swing top at $4
XTZ/USDT -bearish rejection from 50ma -multiple rejections from previous support -if XTZ can't break above 2.65s and hold -we might see another leg down to 2.2s -technically, it is on a 4H downtrend market -trading priority is Short
XTZ/USDT -the bearish pattern is confirmed -downside target is almost reached -we either see a retest of the neckline -or continue down to previous support at 2.1s -short term sentiment is bearish
Tezos made a fantastic spike We still expect that the rise has not ended and will continue to rise to respectable prices, as shown in the drawing A good buy is on the trend line If the trend line is broken, this idea will be canceled Please support this idea by pressing the like button Take Care
Risk to reward for a roll over down is better then for a continued breakout here , imo: Resistance to both BTC and ETH on so many levels. Also, overbought on multiple time frames to BTC, ETH, and USD. Could sell to: 1) Btc dominance hold 2) Btc halving effect 3) Eth dominance breakout 4) Flight to safety fiat, commodities if total crypto turns risk-off 5) Other...
Best target is 0.23 FIB retracement if breakdown occurs. I've put in Pink SPX price which is going very similar those days.
XTZ/BTC -the local resistance is broken -uptrend resumes today -next upside target is 3500 sats -Swing high target is 4070 sats -stoploss below 2870 sats
And Pull back already successfully done.