We have formed an adam recently, I am not going to short the resistance, because the Adam pattern could be formed in a larger way (Weekly), So, right now I will be waiting to retest the level of 0.9 which is a psychological level of support, 0.618 Fibonacci retracement level, and maybe grab liquidity from 0.871 which is a weekly level of support.
Here is the whole trading history of the once quite popular pair XTZUSDT
The XTZ price grew skillfully during 2019-2021 from $0.35 to $9
And then a stable downward trend, which has been going on for more than a year
Now the XTZUSD price is at a critical point.
If buyers can gain a foothold above $0.75 , there will be a good chance of working out the blue...
Hi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the XTZ symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Price continued with the bullish movements after closing above the resistance at $1.05. MACD is bullish, RSI is overbought and EMAs are neutral. Overall, I expect price to keep moving up aiming to fill the imbalance around $1.3.
Going long on xtz here. Looks like a great setup. Supply zone from the drop has now been tested as demand and is holding. Looking for it to run to the next supply area. Let's go Fam...
$xtz. $btc. $crypto.
Here is the chart for Tezos (XTZUSDT) from December 10, 2022, going perfectly as predicted...
Not trying to brag or show off, just sharing this to say, if we can predict the bottom, we can also predict the next wave up.
Brace yourself... Cryptocurrency is about to turn wild, crazy, amazing, profitable and extremely fun.
Tezos (XTZUSDT) has done a massive -90% correction from its All-Time-High and so far hit its November 2019 low levels.
Just a bit lower and XTZ will be trading at All-Time-Lows...
You know what we love to say; Once we hit bottom, the only place left to go is up.
One final drop and the bear market is over for this pair.
It can go lower to a total of -91 to...
Logarithm. Time frame 1 week. Main trend.
Idea for understanding the local work zone for traders in the main trend. It will also be useful for investors to understand the cheap/expensive zones for investing.
Linear price chart.
Secondary trend. Downward channel. Area to work. Time frame 3 days.
XTZ/USD Secondary trend. Downward channel.
Logarithm. Time frame 3 days. Secondary trend.
Downward channel. The price has been falling for 16 months (1.4 years). It is quite possible that finally this downtrend channel of almost a year and a half will be broken. On the chart there are dynamic resistance lines (like a Gann fan).
There is a possibility that some kind of sidewall with a significant % step...
XTZ enters the bottom of the all-time-low zone on Binance USDT pair.
This shouldn't be this low.
XTZ behaves the most erratically compared to BTC movement.
This chart is in Heikin Ashi candles, and I am waiting for one Weekly thin candles with long extending wicks on both ends to indicate a trend change. Then it's time to buy big.
I will keep updating the coming...
XTZ continued its price growth last week. The support of buyers has caused the resistance of the range of 0.86 to 0.90 dollars to be broken. Hitting the two important static and dynamic resistances in the range of $1 to $1.05 had a negative reaction, and has caused the price to stop below this resistance. If the support of buyers can break this resistance, we can...
I guess there will be some downs ahead of #tezos so Im #bearish on tezos in the midterm
but for the short time, it could go to 1.03 before the down (until hitting Ichimoku cloud ceiling)
of course, they are all on #BTC train, yet it might
So Far After Analyzing XTZUSDT Coin i found that its in an uptrend also following the Elliot wave theory very precisely so far.
as per the harmonic is concern if wave 5 hit our HR Target area then odds are high that this harmonic gonna play out.
also there is a Fibonacci time pivot in bitcoin coming at 14th of January so probably yes that matches the...
Past Performance of Tezos
In the second half of 2022, Tezos lost 63 percent, further heaping pressure on buyers. At spot rates, XTZ is not yet out of the woods, just not yet. Looking at the performance in the daily chart, prices are bouncing from the middle BB, a dynamic resistance line. This development is generally bearish. As it is, buyers must clear $0.83,...