Analyze XTZ/BTC The long sequence of red candles in a row shows the bearish channel, but looking in perspective it is clear that XTZ/BTC is in an accumulative formation, indicating a trend reversal. The MACD histogram is below the zero line, indicating the reduction in bearish momentum, its convergence indicates that a change in trend may be close. The RSI is...
Tezos has not only bottomed out against the dollar. It is holding this level as support against Bitcoin. Moving average is a stones throw away. I expect Tezos to make a monstrous move at some point as it reverts to the mean. Conservative players just set a fib from top to bottom and take profits at each major level. Those with the stones. Hold most til 10 bucks...
It is likely that Tezos (XTZBTC) already hit bottom... Let's consider this weekly chart. We have a major downtrend that started in the year 2020. In 2021 there is a relief rally and followed by the resumption of the bearish trend. It is easy to see lower lows with decreasing volume until present day. ➖ Welcome to the year 2024. As the year starts we soon see...
There's a beautiful bullish engulfing candle in the xtz/btc weekly chart. My guess is the downtrend is over and from now on we are heading up to test previous resistance.
I have taken a position on XTZBTC in the spot market, and this is my own idea. This trade was executed on Binance. We can expect to see green days again for this coin soon.
Getting ready for 1300% move in Btc pair. I bought a huge bag for longterm. Lets go...
Join me, let's start with candlestick reading. Tezos (XTZBTC) Weekly Chart We have two candles to look at in this chart. 1) Following a strong drop, high bear volume, we get a Hammer (26-June). It produces a lower low compared to early June but the volume is lower and the candlestick closes green. All this combined can be read as a reversal signal. 2) This...
Style: SWING Direction: LONG Market: SPOT Risk: 0.25% - 1% EXCHANGE: BINANCE #BTC_XTZ TIMEFRAME: 720 ENTRY: 0.00004136 ⎿ TP2: 0.00004428 ⎿ TP1: 0.00004282 STOP: 0.0000399 Entry Conditions: | RSI Trendline Breakout | Strong Breakout of trendline | Volume spike
◳◱ A Resistance Breakout has been identified on the $XTZ / $BTC chart. The price has broken above a key resistance level, indicating a potential bullish trend. The next resistance key levels are located at 0.00005174 | 0.00005375 | 0.0000578, and the major support zones can be found at 0.00004769 | 0.00004565 | 0.0000416. Consider entering at the current price...
◳◱ We've detected a Resistance Breakout and Confirmation on the $XTZ / $BTC chart. The price has broken above a key resistance level and has been confirmed by a strong candle, indicating a potential bullish trend. The next resistance key levels are at 0.00005055 | 0.00005207 | 0.00005607 and the major support zones are respectively at 0.00004655 | 0.00004407 |...
TEZOS has been trending top to bottom in this descending channel for a while now, and we've recently tested been rejected by the lower edge once again, back to the top edge we go! We've got a Buy signal from CTv2 to help confirm the upward move and should be able to lock in a good 15-20% on this one. If you enjoyed or agree with this idea - drop us a comment,...
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.
tezos is probably the future amazon of crypto. if there would be one coin i'd stack, it would be tezos.
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...
Hi folks, welcome back to RS_Crypto Analysis. It appears that the XTZ/BTC pair has been forming a falling wedge pattern for 1659 days. Based on this analysis, it is possible that the current price represents a bottom for the pair. It is expected that the XTZ/BTC pair may see an upward movement within the next 1-3 months.
Long position to bitcoin with SL below the support zone. R/R 3