Hello Guys, fine? Breaking this resistance, good gains can be made
TEZOS looking like it wants to follow its own run up from Jan - Feb 2020. I understand no two patterns and moves are exactly the same but this could provide some good direction as support and resistance match up pretty well. Something to keep an eye on the rest of July and going into August. Thoughts/comments? TG
XTZ - Did you buy the dip ?? COINBASE:XTZUSD Like Comment Share Thanks
username Let Me Trade ( LMT ) = BoLoT goodluck
The weekly chart reveals XTZUSD is primed to re-test its ATH. Last week's candle closed strong and this weeks candle is already up above the past few months of consolidation candles. With ATH just 15% above the current price, this week may see us get there, for a potential breakout next week. RSI is not over stretched. MACD is turning up.
After the correction, XTZ is going to forming new up trend. The nice hold on tow supports and formed the bullish divergence between price & RSI (daily TF), says that time to long. Entry & target points suggested on the chart.
Could be another good pump candidate. Bounced off weekly resistance and trending upwards atm. Keep in mind that this is high-cap alt (i.e harder to pump) and retrace is still possible, but R:R is 2:1 atm. Hit the "LIKE" button and follow to support, thank you. Information is just for educational purposes, never financial advice. Always do your own research.
Over the course of the Tezos life span, It has been forming a massive Ascending triangle. A series of higher lows has developed starting from the genesis candle. I would pay close attention to this formation. If XTZ is able to break upwards resistance, it may search for Higher Highs. Of course, this is a probabilistic set-up. DYOR.
2 weeks ago we projected a potential 14% drop for Tezos. That exact target was reached 14 days later. As of today, momentum is still negative although price may establish support at this level. XTZUSD will need to climb 9% to get back above the downward trendline to show positive momentum. Although 1-day MACD is pushing up, 2-day and 3-day time-frames...
Classic EW pattern? I'll be looking forward for wave 3 this time ;).
Hello, traders. If we count Elliot waves in XTZ we are going to see very clear patterns of its impulsive waves and corrective waves, we believe that the XTZ corrective wave has now ended with the support test at an important support level and we may be heading towards starting another bullish movement for this asset with the waves 1 2 3 4 5. I know the chart is...
It can be seen that XTZ is extended way beyond the Gaussian channel on the monthly chart Meanwhile REP can be seen to be sitting directly in the middle of the channel, which I consider healthy. This is the monthly chart, momentum may carry XTZ. But I wouldn't be going long.
Pretty simple setup here for a possible long. Tezos sitting right at its 200 day MA and clear bullish divergence. Also a nice double bottom has formed signaling the downtrend and consolidation period may be winding down, with upward moves to come. First target $2.43 followed by $2.60.
Hello? Dear Traders, Nice to meet you. "Like" is a great power for me. By "following" you can always get new information quickly. Thank you for always supporting. -------------------------------------- You should see if you can get support on the downtrend line (2). If it rises, I think it is possible to make a U-turn with support after rising above...
Why get subbed to to me on Tradingview? -TOP author on TradingView -15+ years experience in markets -Professional chart break downs -Supply/Demand Zones -TD9 counts / combo review -Key S/R levels -No junk on my charts -Frequent updates -Covering FX/crypto/US stocks -24/7 uptime so constant updates XTZUSD 4D: BEST level BUY/HOLD for 100% gains (SL/TP)(NEW)...