**not financial advice ** DYOR(do your own research) I am not a financial advisor. These are just hypothetical l, if they pan out Awesome! If they don't, make sure to take proper risk management.
That said Tezos is looking mighty juicy. Really good midterm trade, maybe even a good HODL.
Today, Tezos price analysis is negative since lower highs were established despite the $6.7 support level remaining intact. As a result, XTZ/USD will most likely continue to decline and establish another lower low. In this case, XTZ/USD will test the $6 support level again.
The daily candle closed below the 10EMA which means the uptrend preparing to take place in...
XTZ is a interesting coin to invest right now. After two invalidation at the 6.36$ area, we can see a bullish pattern in the daily chart. The coin can easily breakout the 7$ resistance and go full moon. The OBV is also showing a nice comeback, which is also bullish. Whats your thoughts on XTZ? Comment, like and follow.
The chart is a mess, but I look at Tezos a lot and don't have time to clean it up and make it pretty, so let's just get to it. XTZUSD is having some serious growing pains, but I am just going to buy the fear all month. I believe the rest of October will be painful as the price keeps getting squeezed lower and lower, bit by bit, probably down to high $5s by the...
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
Tezos is continuing to move upwards within the ascending channel even though we have seen some decent downside recently, we are still comfortably in the channel and have some strong supports still that are likely to hold us up, we are currently sitting directly on support coming from a little bit ago and then we also have right below us a nice uptrend support...
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It looks like XTZ/USD will consolidate within the triangle, then pop back up to resistance line... (now is the time to buy or when it drops to bottom trend line). However, trade at your own risk and responsibly.
Of course I won’t be taking this pattern seriously until I see a clear break above the rim line and then witness the rim line get retested as solidified support. Until then a variety of things could occur to invalidate the pattern. As of right now however it is looking pretty promising and worth keeping an eye on. Until then I will remain neutral.
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...
Just like I figured, we hit the bottom trendline. Price might bounce around down here until Bitcoin stabilizes. If Bitcoin gets ugly and the lower trendline for xtz doesn't hold, it will get ugly for xtz...
Tezos have made a breakout from quite a strong and clean resistance level which now should act as a support. Use partial entries from the current price because the chances are that it may go from the current area but the ideal entry should stay around $6.10 to $6.8:
Do your own analysis and if it's matching with mine...
XTZUSD - Intraday - We look to Buy a break of 7.502 (stop at 7.277)
Pivot resistance is at 7.500.
Price action has continued to range within a triangle formation.
Daily signals are mildly bullish.
Our profit targets will be 8.141 and 8.341
Resistance: 7.500 / 8.000 / 8.500
Support: 7.200 / 7.000 / 6.600
It has been a while since I made an analysis on Tezos. In fact I haven't made one since February 15. However, as you see on the idea below, the main pattern hasn't changed:
That has been a Channel Up since the bottom of the 2018 Bear Cycle. As shown on the chart, the...