Tezos (XTZ) breakout from cup and handle: +70%Bitcoin made its move and yes I shouldve sticked with my original analysis of the TOTAL2 cup and handle; which did work out like predicted. The last dump did throw me off a bit but its not a big deal, we did not miss out. We just missed out on BTC and a bit on ETH.
XTZ (and most alts) are yet to move and XTZ will break its ATH soon and has a breakout target of well above 10$ per coin. Tezos has strong fundamentals, technology and is increasingly popular: could we see a Solana-type run for Tezos? We need to clear ATH for that and we are in full on price discovery!
IMPORTANT: this is not financial advice, trade or invest based on your own risk and research.
Xtz
Calling the top for $XTZ here.Calling the top here for Tezos. Have been looking at this WXY pattern since last year. Still playing out.
Looks like it could have topped here with an elliott wave WXY pattern. It hit the 1-to-1 fibonacci extention of wave (W).
My idea is that this would move up from the bottom looks corrective. Might be the reason why it pumped very slow as well. It didn't had real explosive pumps.
Back to 50 cents possibly.
Also interesting to watch:
"Arab Bank Switzerland announced Tuesday
that it will integrate staking, trading and
custody services onto the Tezos blockchain’s
native token (XTZ) in a bid to provide a digital
asset envieonment for institutions,
corporations and high net-worth individuals.
"
XTZ Going for ATH!!!Tezo's has been really showing its strength as a project as of late and personally i think a lot of big players and even retail players are really starting to realize its potential! We are looking extremely bullish and have been making some nice gains lately, we have been pushing upwards in this ascending channel since back in July, we currently have exploded upwards out of the channel taking out key resistances along the way! Really interested to see what XTZ is going to bring once the Altcoins really start to pump hard, would be foolish to disregard Tezos as a potential front runner once we really start picking up momentum! Whats even more exciting is that XTZ is only aprx 50% off its ATH and you guys know what comes after the ATH... PRICE DISCOVERY MODE!! First looking at the high and low pivot levels, we are very nicely sitting above the most recent high pivot level and a close above here tonight would be very key and add to the already massive bullishness, and in regards to our next major resistance level i would say we are set for the 0.2 FIB (FIB retracement is drawn over all time) we might hit a couple weaker resistance levels on the way but how XTZ has been moving i wouldn't see us having much trouble blasting through! Also keep in mind we had some huge bank news today regarding XTZ once again adding to the bullishness. Now the Bollinger bands look very nice we are starting to take a ride up the top band and we are only on our 3rd candle, usually big ride ups on the top band can go on for upwards of 5-6 & even 7 daily candles. Something we want to see on the bollinger bands is for that midline to start heading in the upwards direction, this is additional layer of support and will help keep us from falling. Now the MACD looks very good we are seeing increases in our histogram day after day and they aren't very small increases they are on the bigger side compared to normal, showing us the rise in bullish momentum.We also notice big big separation in the MA's with the blue starting to fly to the upside and the orange lagging behind, would definitely like to see this continue on as it lessens the chance of us having a near bearish cross, with big separation price action can afford to have a day or two cooldown without actually getting a bearish cross or close to bearish cross, and likens the chance of us seeing a double green MACD cycle! Not financial advice just my opinion!!
tezos (XTZ) Price Analysis Oct 5thHello To All
tezos had good movement in past few days and conquer 8$ (that act as a powerful resistance for tezos for many days) very well
the first target is 9-10 and second is 11-12 / but if you pay attention to chart realize that tezos is not ready for 10 yet,it must go dawn for while to beat 10 $ with more power in coming weeks.
we got very good support at 8 $ but if we lose it we may see 6-7 $ for a while but don't panic / tezos always reclaim
good trade to all
🆓Tezos (XTZ) Oct-4 #XTZ $XTZXTZ has just conquered the 8$ zone and it could move up towards 9.5$ and 11$ zone in next days. But if it loses 8$ zone, it will come back 7$ and 6$ zones
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 8$ zone
🔴Buy : 8
🔴Sell : 9.5 - 11
📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 8$ zone
🔵Sell : 8
🔵Buy : 7 - 6
❓Details
🚫Stoploss for Long : 10%
🚫Stoploss for Short : 5%
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of 1-day candlestick is Above the zone
🅱️B : The Close price of 1-day candlestick is Below the zone
XTZ did not breakthrough the uptrend, shows really much strengthXTZ on larger time frame is still focused on completing the broadening wedge, rather than dipping out. In this monday dip every coin seem to break out negatively on the pattern they were busy with, but not XTZ. XTZ went not even out of the uptrend range within the broadening wedge as you can see. Very promising!
XTZUSDT 1DHi everyone
Possible routes for xtz price movement
The price of xtz has entered the saturation zone
To continue the bullish trend, the price needs to be adjusted to 7.24 and 6.49 to neutralize the buy saturation
If supported in these areas, the price can rise to 9.17 and if this range is broken, there is a possibility of an increase to 12.39
If the price of 6.49 is not supported, we can expect a further price reduction
In the other case, the buying pressure may increase and the price may not correct and increase
Tell us your opinion about the price trend of xtz
Thankful
have a nice day
Tezos is ready to go high. XTZUSDTHello my friends, the price was pumped after successfully breaking the neckline's CUP pattern and now I expect 260% growth. So consider and monitoring to buy at pullback and any correction is a buying opportunity IF the price does not lose the neckline support. Good luck.
If its useful please like it as a support and follow me for next analysis :)
BIG XTZ (Tezos) PUMP and BREAKOUT but be careful...Firstly, a huge congratulation to everyone who bought XTZ for $6. If you haven't bought yet, then I'd say wait for a correction to the next support level of $7-$8. I'd say this move is mainly driven by emotion and FOMO (no disrespect to Tezos, it's a great project) as it's still over-extended. I wrote all the analysis on the chart already so I won't be doing it here like I normally do.
Have a nice day and trade money you can only afford to lose!
XTZBTC approaching long term resistanceHello Tezos hodlers and traders,
It would appear Tezos XTZ has some heavy long term resistance approaching at 0.00022 sats. Tell me what you think will it bounce off the top of the channel like all previous touches since 2018 or will it break through? I am bullish on XTZ but the reality is if BTC breaks out this month and pushes to 100k usd then XTZ will likely bounce off the top of this channel. There is a chance that XTZ outperforms BTC and still breaks out, but it might be a good time to take profits and reasses. Currently, I am more bullish on the XTZUSD pair until a breakout above this channel is confirmed.
This is not financial advice or a trading advice it is to used for educational purposes only.
I am not a financial advisor
Happy trading
MY NOT SO MINIMALIST ANALYSIS OF $XTZ9.22.21 2314H
Analysis of $ALGO
ENTRY ALERT: POSSIBLE ENTRIES
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Indicated are key support and resistance levels using small and large trading range boxes for ENTERING A SWING TRADE (Short - Long.)
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Further Analysis on price action is required on a 1HR-4HR chart when entering or closing a trade, depending on your risk appetite and trading style.
Disclaimer:
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Tezos XTZ headed for new ATHIt would appear my previous analysis about the cup and handle pattern is playing out. XTZ Tezos is looking to head to new all time highs. The only question is how long will it take to achieve its price above $12 USD.
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This is not financial advice and is to be used for educational purposes only as I am not a financial advisor.
Happy Sunday XTZ Hodler and Traders alike!
XTZUSDT , Near First Tp and Second Tp Hello everyone
Whats up guys ?
According to the last analysis about XTZ we were published it and now its moving according exactly to our wave and analysis
We should wait for first target then after some pullback we can take other position to the second target
be Patient guys
Good Luck
Abtin