On the 3Day chart, Tezos is at the top of it's handle in the cup-n-handle formation. With VWAP looking to cross up, and with the news of partnering with Rarible.com it looks like Tezos could should for $9 to $10 dollars and beyond.
Looking for that mid-December date for when XTZ and Rarible get underway to take gains. RSI and Stochastic RSI are in position, so...
Hi Traders
XTZUSD (4H Timeframe)
The market is in an uptrend and we are waiting for an entry signal to go LONG above the 5.98 resistance level. Only the downward break of 5.23 would cancel the bullish scenario.
Trade details
Entry: 5.98
Stop loss: 5.23
Take profit 1: 6.41
Take profit 2: 7.14
Score: 5
Strategy: Bullish breakout
MID-TERM: Falling wedge , printed a hammer candle off of a historical support/resistance level with classic bullish divergence developing on the daily, while testing the 200 MA. (not financial advice)
XTZ perfect Inverse Head & Shoulder breakout VERY IMMINENT! .. I got a strong buy signal and this is definitely something you don't want to miss out on. My measured move is the depth of this volume "reservoir". I expect nothing less than a 3x.
The analysis includes multiple methods of technical analysis to produce a map.
The labels for the chart and what the chart says are on the chart itself, more information about how to create a chart like this will come with updates to this idea.
A quick rundown of what I do use are:
Trend Line to extend from two lowest structure closes.
Horizontal Ray tool...
As we can see on the volume of the chart, the XTZ market went to a bearish trend until the last big red candle that was a good opportunity for price hunters to enter the market again.
As the bitcoin market starts new top-level and in following that the altcoin market starts to see green days, we can expect Tezos lovers back to the HODL and start buying and pomp...
Made this chart for your everyone's future
If you sell before December you'll be left behind
Cuz as crazy as this may sound we are still going to 113 dollars before EOY
Will you be the one to do the bidding? or will you be the one to get left behind this spaceship
Go balls deep in this BEST CRYPTO ASSEST
there is no second best , not even BITCOIN
cheers
XTZ/USDT looking bullish and soon gonna break it's descending parallel channel. Cup and handle is another bullish pattern. As well as if you watch trend based Fib retracement, it clearly shows how accurately a 4 hour candle has been made above 0.38 Fib ratio. More candle above this level will keep us bullish. Here we go guys, invest for massive gains. Best of luck
We broke down from top of funnel off weekly TD9 Sell, while slightly above daily sell zone area.
In the weekly Buy Zone now. If we break down from this zone then green daily and weekly green supports line are in play near bottom of funnel.
Red weekly extended sell zone is in play for an area to take profit after funnel break out.
Happy trading!
The Crypto market is feeling the pressure today and has dropped a decent amount, i definitely am not worried too much at all i look at this as a great opportunity to scoop up coins at a nice discounted price and that is exactly my plan! Looking to grab some more XTZ today as we are down nearly 47% since the beginning of october and down roughly 25% on the week....
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(XTZUSD 1W Chart) - Medium to Long-Term Perspective
Above 1.73723670 point: expected to continue uptrend
(1D chart)
First resistance section: near...
$XTZ
11.16.21
2353H +8 PACIFIC
ALERT: ENTRY POINTS
The Market has amazingly moved along the TOPS and BOTTOMS of our BOXES, signifying TURNING POINTS of PRICE ACTION.
JUST DYOR ENTRIES. Watch for Price action/ RSI and STOCH, VOLUME, and FIBS. Set your tight stop loss as any geopolitical, natural/man-made calamities will change the course for our TARGET AREAS...
nice bullish trend in the big timeframes, we are facing big demand levels so I think we could bounce a little and maybe catch a nice gain
let's see if we have hit enough demand for now or we'll continue to absorbe them and tank lower
let's try
I bought the fear throughout October, now it's time to see if it pays off. Linear scale this time. I'm speculating that XTZUSD could be forming a nice cup & handle pattern. The standard price target of this chart pattern is measured by the distance between the top and bottom of the cup, which is then applied to the top of the handle at the potential breakout...
COINBASE
