XTZUSD: BUY/HOLD NOW TP bulls +80% gains(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
IMPORTANT NOTE: speculative setup. use FIXED SL.
🔸 Summary and potential trade setup
::: XTZUSD 3week/candle chart review/outlook
::: BULLS still maintain control
::: noteworthy compression and breakout
::: target is...
XTZ/USD broke pattern today. Looking for support around 3.6-3.8. Golden x on the 50 and 200. Looking for a candle in the low 5's, maybe a wick to 5.2-5.5. Who knows?
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It broke above the important point of 3.3269 point and moved higher.
We have to see if we can ascend above 4.0100 points.
If you move down...
The last 6 months have been trying for Tezos holders, but patience might soon pay off. XTZ is currently trading in the $3.50 range, and should it break we could see new all time highs shortly thereafter. If the February close is indeed the highest mark yet, the remainder of 2021 should be electric for Tezos.
XTZ is having a strong resistance zone at 3.5$, I think a strong buying force will come soon to help XTZ overcome this zone to rise to 4.2$ zone on 17th February and strongly to 5.5$ zone on 23rd February
If that buy force does not come, XTZ will gradually decrease to $2.8 zone over the next few days, which is also a good buy zone but will extend the time to $4.2...
10 Day RSI on XTZ Has broke out!! This can be significantly Huge with the gains that can follow. Please use a tight stop and I do believe the path to 10$ + is on the way.. Happy trading and like I always say this is not financial advice. Please like and share with friends and support my work with a small coin donation :)
The first thing I want to write is that XTZ is a very manipulative coin . And it seems it began to bother the manipulator.
Why XTZUSDT aroused your interest, we do not know, but you voted for it in the weekly digest , so we are analyzing it)
Within 3 months, the XTZUSDT price has been moving up in a clear channel , the limits of which are probably skillfully...
I'm only looking at the trends and seeing a pattern. This pattern puts XTZ at 8.00$. In 2019 before xtz first mooned, there was a period of consolidation followed by a significant gradual increase. After the increase was a small dip right before it took off and increased 145%!
we are currently in the middle of the small dip right before the moon. This is...
xtz looks ready to move up. Looking at 4.00 -> 4.50. Strength index is up. volume is increasing and XTZBTC pair is aligning with usd movements. In my experience this is when price can fluctuate in large amounts. The energy is above the moving average. As the red MA moves up it will push up price imo. We will see.
good luck
XTZ Idea
More wedges a continuation from my last post about DGB
Currently within a broadening wedge
This has promise to act bullish and push the price back into the rising wedge
Rising Wedges are often bearish, although lately I have seen some bullish ones
Falling wedges are more than often bullish, emphasized on chart
