XTZ has good support at 6.5$ zone and it could move towards 8.5$, 10.5$ and 13$ zones in next days. But if it loses this 6.5$ zone, it will fall sharply to 5.5$ and 4.5$ zones
♻️Condition : If 1-Day closes ABOVE 6.5$ zone
🔴Buy : 6.5
🔴Sell : 8.5 - 10.5 - 13
♻️Condition : If 1-Day closes BELOW 6.5$ zone
🔵Sell : 6.5
🔵Buy : 5.5 -...
Hello Enthusiast Coin Traders! Here's long-term outlook for XTZUSDT, Please give us the thumbs up and support the channel by Smashing the FOLLOW button :)
XTZUSDT is breaking out of the falling wedge pattern. Breakout of falling wedge pattern could be an indication of bullish trend. The momentum indicator crossed above the zero area, it signify the potential of...
1H trend chart
XTZ has been falling due to the upper trend line.
Recently, it eventually broke it out, and can see there is a double bottom.
However, should notice there were lots of fake-out on the way down.(trend line needed to be modified)
So if price can keep standing firm at $6.792(Fib 0.382) in 1H, trading strategy as below.
Over 2.5 months ago, I made a long-term analysis on XTZ and the bullish channel it has been trading in since it's inception.
It appears that investors were watching the exact same channel. Since the price touched the upper resistance of the channel, XTZ has seen a bearish...
Tezos is 1) approaching/already landed on a firm support 2) approaching the 50MA which it has previously skipped off of on three prior occasions 3) gearing up to retest it's September - October pennant.
Wicks are also suggesting a good response to to this support level
Look below for analysis of its BTC pairing
This is all contingent on BTC continuing its...
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XTZ is overall bullish so we will be looking for buy setups on lower timeframes.
on H1: XTZ is forming a channel in red but the upper trendline is not valid yet, so we are waiting for a new swing high to form around it to consider it our trigger swing. (projection in...
#TEZOS #XTZ 4H CHART ANALYSIS
STOP LOSS: 6.39
Based on the formation of the triangle pattern as well as the movement channels and the use of Fibonacci, one can expect the price to grow to the specified targets.
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Keep In Mind ❗
🟣 Purple structure -> Higher TimeFrame Structure.
🟢 Green structure -> Daily Structure.
⚫️ Grey structure -> 4h Structure.
🟡 Yellow structure -> <4h Structure.
Important : Please Use RM (Risk Management) and MM (Money Management) If You Decide To Use My Ideas, There...
It seems that XTZ just finished its wave 2 on a 4h time frame that would lead to a snowball of waves 3. As you can see it looks like it completed à triple combination and wave 2 would end up perfectly at 78.6% of wave 1. Not only that but the last move would be perfect ratios too since Z would be 78.6% of Y and C would be 123.6% of A.
For those that are not...