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...
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.
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...
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 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...
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...
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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...
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
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.
Technically we have some bullishness going on here with good rsi and macd slightly lagging. I am hoping we can gain some momentum here and ride this wave up! I would also like to see more volume coming in. None the less, BOA is touting this project as being undervalued. Details below, directly quoted from crypto daily....
Tezo's and most of the market has been feeling the BTC rise and the dominance rise in turn pushing altcoins to the downside, XTZ has actually held up very strong compared to some other coins. We are still comfortably in our ascending channel with us just recently pushing into the lower half. Looking at the bollinger bands we are actually sitting right on that...
Price consolidation appears to be a giga triangle which is common for wave iv corrections
Parabolic advance should follow once the upper border of the trendline gets broken
Triangles like these are very common in bull markets
Should be a EZ buy at this level
next stop 20+ buckS!
On the short term, Tezos price action and RSI are both looking like a bullish falling wedge pattern. Where it will reach depends on when it breaks up (assuming it breaks up). I've marked several expected moves for a few potential break points.
Based on the pattern, I would say this will break up within a week and a half - I would bet probably less than a week,...