Xtz is the next big thing according to many crypto experts
Xtz has low transition fees
Xtz might be the next ethereum
So buy hard!!!!!! Xtzusd
Next resistance is around the 4$ mark so buy with caution
Welcome members to this long-term trade setup on XTZ/USD.
XTZ is at the lower support trendline and if we do backtesting then this is the exact same trendline from where XTZ has always rallied higher doing exceptionally great. XTZ has always respected this trendline not just once or twice but thrice and this is the 4th time XTZ is gearing up to bounce back. If...
If you were following my previous idea, you'll see that Tezos is completing its head a shoulders pattern and the price is entering a strong demand zone.
My current theory is that Tezos is in the process of performing a 5 wave movement upwards. We are about to enter wave 3.
Any dips below $3 should be aggressively bought. I'm expecting to see volume pickup around...
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Following the path I can say that XTZ can reach $10 within this summer. There are signals that the bulls will be trying within a month.
Hopefully no wars or any catastrophe that influences the momentum.
Tezos recently broke a long term downtrend which appeared to signal the beginning of a trend reversal. Volume briefly picked up after this breakout which was promising. A retest of the trendline was to be expected and happened yesterday; however, the volume from this test is anything but promising. The volume has been anemic in general during this entire upward...
The following content is machine translation:
The weekly callback to the trend line stopped falling and rebounded.
Break the downtrend line.
The indicator macd energy column is gradually approaching the zero axis.
Continue to see more.
XTZ may have started wave 5. It is now trying to break above the 200 ema ribbons.
Breaking above 5 would be bullish since this is the potential zone where dma50 may be crossing dma100
& dma200.
If that happens, theses next 5 moves should come to reality.
Also note the confluence of GANN Fan as support & resistance lines.
not trading advice
Seems to be bottoming out, but hasn't formed a bearish divergence as it usually does. Volume looks like it can take more time to squeeze down. RSI also in a squeeze.
I am going to theorize that this time XTZ is going to breakdown from the 2 year long ascending channel and not breakout upward. because in the last run to $8 there was exceptionally huge volumes at...
Just trying to find the laggard coins
I did less homework actually now it's quite dangerous to trade
coz BTC is in the middle of the way
Don't forget to place the stop loss at ur acceptable risk.
Trade safe and fun
.
Feel free to comment & share ur ideas
Tezos led the market with a pump this week, but can it be sustained? Tezos has been trading in an ascending channel which looks like a classic bear flag.
The price is testing an important level right now, if it can break out of the long term downtrend, $5 is the first target and $5.80 the second.
However, if Tezos can't break out of the downtrend, the bottom of...
