The long-term support for Tezos vs Bitcoin (XTZBTC) has been activated. This support level was hit back in January 2021 and was followed by a 235%+ bullish wave. This same support level was briefly breached in May 2022, 1.5 years of bear market correction, which signals that a trend change is very likely and soon to come. Because this long-term level has been...
Welcome again, it is my pleasure to have your attention. We are going to be looking at Tezos vs Bitcoin (XTZBTC) from a different perspective today. Let's start with the daily chart: - The first thing to notice is that the chart is bullish. This is important because Bitcoin is right now hitting new lows with very bad technicals, while this and other Altcoins...
XTZ was an early runner this cycle, but if you look at the price ratio between XTZ and ALGO, it's sitting at the perfect confluence of long term horizontal and downtrend resistance. Unlikely coincidence. I'm going to take advantage of the price disparity and swap my entire XTZ bag for ALGO. Let's see what happens.
CD leg of the Bat harmonic under development. Currently in a long, planning to short once we reach the D point.
i think short is probable if this idea usefull for you please put comment for us tp 1 0.69 tp 2 0.66 put stop loss please
A macro on the XTZBTC chart. From a fundamental point of view, Tezos is my favourite coin. Regardless it's extremely slow price-action in the past years, I have come to the belief based on current market structure - that the bull is imminent.
I get pretty deep into the TA on this one - my first video on Tradingview!! If you like what you see show me some love - BOSTON MARK
everithing is posible, but some things are likely probable it all depends on BTC
Current sitting on great support level. It could move from this level soon
XTZ / BTC Timeframe 1 week. I deliberately made a large timeframe to show the entire section of the chart, which is necessary for the clarity of the formation. Fractal. The possible start of the trend, possibly near the minimum price values. The coin is suitable for accumulation, which means for positional trading. The previous price inflation was about + 300%....
Today Tezos (XTZBTC) is moving above the EMA300 grey line. Just two days ago, prices also managed to break and close above MA200 and recently EMA10/50. The MACD is very strong as well as the RSI. We have higher highs and higher lows... We are aiming for a new high. This is another good one. Enjoy. Namaste.
Tezos (XTZ) is moving in a main parallel channel and it's now printing an ascending broadening wedge pattern on the weekly chart in pair with bitcoin. I expect another leg up to the resistance zone at 0.00023 and then falling down to 0.00004 level. If it couldn't reach this resistance level and rejects the EMA50 at 0.00011 it's highly possible to break down the...
I have posted a lot of XTZUSD analyses recently. Some have worked out, others not. Based on what I've observed in the data over the last year or so, it is clear that XTZ pays great respect to the BTC pair, and only half-measured respect to any other pair. In this chart, cyan lines are 'anchors' and gold lines are 'beacons' identified by an algorithm which...
The compression for XTZ is enough, it's time to shine!
local spikes retracement. twice 0.236. Blue line is historical data upper trend line. Bottom line creates symmetrical triangle based on LH's. Considering the growing momentum this time it might not go to 0.236 but instead GP only. the triangle is 3/4 filled, ready to break up.
XTZ is in the support area. MA200 and POC bar of volume profile indicator are support it. Try to buy it partially and hold it with patience. Stop-loss can be set under the MA200.
This is a good moment to make the first entry for tezos. I think the price could be better, maybe 6.5 usdt, but for the people who sold over 9 usd, buy again in 7 it's ok.