XTZ warms up! $ 3.5-4.5 is comingXTZ is one of the quiet projects but has a lot of development behind the scenes. All chart indicators show Bullish trend. Lets see! My first target would be to see 3.45-3.50
Xtz
2.12.2020 - Tezos (XTZ / USD)Hi Traders!
Today we look at one of the most popular cryptocurrencies and that is Tezos (XTZ). What does the chart look like? For the purposes of this analysis, we will use a daily chart as we want to see the overall trend. Tezos also went through a slump this year caused by COVID in March. Subsequently, it rocketed and fell again. Let's look at the overall structure.
Tezos wrote off up to 78% of its growth, which is confirmed by the value of 0.786 fibonacci retracement. Tezos was quite good to us also in the falling wedge he formed. At this point, several interesting levels met:
1. Support on the daily chart
2. Fibonacci retracement 0.786
3. Turning pattern - falling wedge
You can see the bottom of the chart, and a reflection has come from this level. The chart has currently stopped at MA21, but this should only be temporary. In time, we expect an attack on the new ATH and the upper edge of this great channel. In general, we see a value of about USD 5, which would represent more than 100% growth. However, it is important that we stay in this channel and not fall below the bottom trend line. So the tariff is USD 5.00.
May the crypto be with you!
XTZ is getting ready for nice bullish movementXTZ has been hovering in the $2.20-$2.50 zone for a while, creating a local support on the 2 & 4 hourly, as well as the weekly charts. There were a few breakout attempts but the 2.90-3.00 resistance was too strong. However, with the current worldwide interest in crypto, the price should break through easily in the near future. This creates excellent profit opportunities. Of course, this all depends on BTC holding it's price, which I expect it will do at least until New Year's.
The current targets are:
T1 - $2.90 - approx. 22% profit
T2 - $3.50 - approx. 47% profit
T3 - $4.00 - approx. 68% profit
T4 - $4.50 - approx. 90% profit
As per usual, this is just my personal opinion, not a financial advice. Please do your own research.
Here's the 2 hourly chart
and the 4 hourly
XTZUSD TO 3?As one of the more interesting alts available, as well as a token that moves independent of top alts, this is one to watch. As bitcoin continues to pullback, there may be opportunities to play this token from the buy side.
Tezos (XTZ) - Potential swing longXTZ long term channel
Price has broken back inside and has now backtested the channel as support.
If the bullish market sentiment continues, I expect XTZ to pump back towards the top of the channel, potential profit taking at channel levels.
DYOR, NFI
$XTZ - Correction made aswell as 1D MACD flipping + This can be a nice long i have went with a stop loss below the low around 1.77ish, Right now bullish momentum looks good lets see how this plays i will be holding for a long time. Targets can be anywhere from 7$-13$ I will be taking prfoits on the way up and trailing stops. This is just my own thoughts please use this with your own stragety :)
XTZ / Tezos Long TermChannel for Tezos / XTZ. Looks like it is sitting on the bottom of the channel.
XTZ gaint ascending channelZTX/USD
🌟 Techincal Analysis🌟
Not a much talking
gaint ascending channel
If the price can hold above 1.77$ this idea is active
Note : not a buy signal from this point
Signal comes with buy area and stop loss and sell targets
Just directional route for who already in (long term)
Good luck and happy trading 🌹
XTZ vs USD , who will win?breaking 2.74 will activate more targets for the upside .
watch the called bottom for #XTZ on the related ideas
don't forget to like it , if you actually like it
your support is appreciated TIA
GETTING READY TO RETEST THE ATHAlmost every TF looks beautiful for XTZ, I've been buying for a couple of weeks now and I will be looking to buy at the retest of the 2,5$ area, looks a nice spot and pivotal point.
XTZ - Upwards Trend to New ATHWe saw a double bottom pattern playout - with a fib retracement extention from local high to local low.
XTZ, Confirmed breakout from falling wedgeAs you can see, XTZ has broken out of it's falling wedge formation, signaling a temporary bottom.
In addition, the price has retested the previous breakout line and appears primed to continue upwards.
Next major resistance looking to be around the $3.02 level. Ultimately, if the formation plays out, target #1 will be in the $3.50 zone.
