The market seems to be recovering and moving from bearish to bullish (in the short term at least)
Tezos has built up 4 touches on a key level and broken through. It's likely we see a retest before lift off. If tezos grows we can aim for a re-test of the previous high. That's a 40% increase and would be a nice catch.
In my opinion Tezos is undervalued compared...
Gains in crypto over the last few months have been absolutely outrageous, but only if you picked the right coins. Unfortunately for XTZ holders, XTZUSD has been objectively the worst performing smart contract platform of 2021, overshadowed by ADA, DOT, and ALGO in the recent surge. However, the fundamentals do not support such a low valuation. The Tezos...
Tezos (XTZ/USD) is looking pretty damn good I must say. I've been tracking it for a few days now, observing its reaction to BTC's bearish price action and I've come to the conclusion that it warrants serious attention. There's plenty of impulse wave scalping action inside the symmetrical triangle, and the whole thing is just bottling up and waiting to explode....
XTZUSD D1: BEST level to BUY/HOLD 100% gains.(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup
::: XTZUSD daily chart review
::: still bullish outlook
::: deeper pullback possible now
::: focus on buying re-test of the lows
::: of the bullish channel
::: right now CORRECTION...
*** THIS IS NOT FINANCIAL OR INVESTMENT ADVICE ***
DYOR and don't take my word for anything.
XTZ is a great project. The project recently cut gas prices on the chain by 75% via the release of Delphi. They are currently working on integrating even more functionality into the blockchain with Edo.
Looks like XTZUSD is about to make up for the overselling and...
I'm still bullish on XTZ.
looking at the mid term, (2 weeks) I see xtz easily reaching 6$. As BTC xtz pair begins to flip, xtz usd will surge. This is currently in process.
the above chart shows strong RSI, and macd moving up. I also see the identical pattern that happened early January when BTC first dipped. I expect XTZ to recover and move to 6$ over the next...
XTZ is making higher highs and corrections seem healthy and following Fibo Retracements.
i don't know much about Tezos FA so i will stay quiet on it.
Like always keep an eye on BTC moves, Everything in Graph !
Good buy zones :
- 3 $
Sell Zones :
TP1 : 7$
TP2 : 9.9$
Happy Tr4Ding !
Man, sometimes i can be such an idiot :). I noticed yesterday that i accidently posted 3 analysis as a hidden post, then i posted all of them again as a normal post, now i am seeing i posted this one twice as a hidden post :),
One would say, if there was a moment for alts to rally, it would be now with Bitcoins big ATH breakout. But why are most of them barely...
Pattern: Fibonacci Channel on 1D.
Signal: Buy as the formation of a 1D Golden Cross has been since 2019 the signal of further upside continuation. Has many similarities with the December 2019 Golden Cross.
Target: 9.000 (contact on the 1.00 Fibonacci as well as the 1.618 Fib extension from the former High).
Most recent Tezos ideas:
Can we use XTZ to help us make a decision on the overall market and allow us to tell if a bottom is near? Just for fun. Do not take anything i say seriously and please make your own decisions. XTZ appears to have fallen to previous support and looking like a triple bottom. I still believe we are so close to the bottom
Starting just after the January 28, 2020 Full Moon , prices rose sharply in the first big peak. 6 months later just after the August 3, 2020 Full Moon in Leo , prices rose sharply again. Now it is 6 months later just after the Full Moon on January 28, 2021 . The same configuration of the Full Moon on Aquarius/Leo axis squared by Uranus is present again. I...
I think we should take advantage of the pullback in the crypto markets. Tezos looks attractive below the 20 MA
Trade could be closed at recent high or above.
NB: I do not recommend setting a stop loss for crypto asset. Your money will be taken to someone else when it is hit. Only invest a small portion of your portfolio.