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Xtzlong

What's WRONG with XTZ?Hello everyone! The bulls are here, yes, but you guys know that I’m out of XTZ and I’ll not buy it any time soon. Some people asked me why I'm not attracted by XTZ the same way as to some other cryptos right now, and the answer is simple. I only wish XTZ hit the trendline and went closer to that red line, or better saying, I wished for a little stronger pullback. Just it, there's nothing wrong with XTZ. :) But that’s good news for those who are already long here, because the bulls are so strong that they didn't even give a chance to someone who’s out to jump in the trade. On the other hand, other cryptos just made a bullish engulf near their supports, and that’s why I’m looking at them right now. XTZ did a harami near the 21 ema yesterday, which is also good, but bullish engulf are stronger, and since I’m out I’m choosing other cryptos right now. But I wish all the luck to those who are in XTZ! Also, it's important for you guys to note the hourly chart: The price is above that black line, which is a real war zone, and the only thing XTZ should do now is to close above that green line, which is the 61.8% fib retracement in the weekly chart! Look here: So, that will be the final challenge for XTZ right now. After that you can find a “resistance zone” in the daily chart, and lastly, the U $ 3,944, the previous top. My best regards to you guys and stay safe! Remember to follow me, I'm a trader who uses the classic technical analysis (barely any indicator, just the candles and the volume). Like this idea if it helped. Thank you very much. * LIKE this idea and FOLLOW me, because: - Here, you will see clean charts; - Trades with clear risk management; - The best of Dow Theory, Price Action and Candlestick psychology; - Chart patterns with statistics. * * My name is Nathan, I'm a trader and portfolio manager and I'm here to LEARN. Leave your COMMENT and FOLLOW me to keep in touch. *
KRAKEN:XTZUSD
by Nathan_The_Finance_Hydra
2
Tezos Could Increase By More Than 30%!The XTZ price is currently trading inside a strong support area found at 25,000 satoshis. This is the previous breakout level, the movement above which in the beginning of February eventually led to the all-time high price of 40,530 satoshis on Feb. 21. The price has created a descending wedge, out of which it is in the process of breaking out. I think the price will break out for several reasons: Creation of a bullish reversal pattern inside a significant support area Bullish divergence in the RSI Possible RSI movement above 50 Target 1: 28,500 satoshis Target 2: 33,500 satoshis Stop loss: 24,000 satoshis Please leave a Like and comment if you enjoyed the analysis.
XLong
by BitcoinMaximus1
XTZ/BTC BULLISH TRADE SETUP | SIMPLE, EFFECTIVE TA EXPLAINEDWhat is up Traders! Hope you're all doing well where ever you are! Today’s Technical Analysis will be on XTZ/BTC trading in a falling wedge, holding local support as it sits on the .618 retracement– historically being the pivotal point with a probable break to the upside. Points to consider: - Bullish uptrend, Consecutive higher lows - Local support holding - Holding Support at .618 fib retracement - Structural support still intact - Volume below average - Below Average volume XTZ’s trend has been bullish with consecutive higher lows being established with impulsive bull moves. Current local support is being held with .618 Fibonacci retracement, historically being the pivot point. A break of these technical indicators will test structural support with overall uptrend still valid. A break out of the falling wedge will continue the bullish bias, XTZ will then likely take out highs and enter a blue sky breakout. The volume nodes are in a constant decline and well below average, sign that a decisive move is imminent from current technical trade location. Overall, in my opinion, XTZ/BTC is holding key support; with the .618 Fibonacci retracement historically has been the pivotal point leading into impulsive bull moves. But considering how this market moves and the nature of crypto, a head-fake close below will likely test structural support, where if the price is held, again likely to continue its uptrend. As we've seen, after a severe and long stretched bear market in the cryptocurrency space, we're finally seeing momentum slowly starting to back up specifically in the alts as they rise from the dead, putting out some significant percentage moves... What are your thoughts? If you like what you see, please show some love by leaving a like and comment!
Long
by CryptoInsider009
4
XTZUSD possible ascending triangle actionHi everybody! Potential move of XTZUSD to 1.8 USD area. In my opinion the price has been moving in an ascending triangle and the high area (around 1.8 USD) needs to be tested again. BTC 5800 seems to hold as for now which is also a good sign. Although the pre-market of US Stock Options looks appalling at the time of writing, I am expecting a rebound which may take the crypto market along with it. Good luck trading! Hit like if you agree with my idea. Comments are also welcome. This is not a financial advice.
KRAKEN:XTZUSDLong
by maar3k
XTZ/USD LONG TO NEW ALL TIME HIGHS OF $5.50, $7,50, $10.00ENTRY 1 $3.00 & Entry 2 $2.50 SL $1.70 TP.1 $5.50 & TP.2 $7.50 & TP.3 $10.00 Apart from Bitcoin, there is another cryptocurrency that will continue to make a new ATH, Tezos (XTZ). As we reported, XTZ has already made a new high and worked its way into the top 10 cryptocurrencies. Currently, XTZ is trading at $3.23, with 147% gains on a year-to-date basis, all thanks to the baking frenzy that has nearly 80% of Tezos supply locked up for staking. According to AngeloBTC, the digital asset would also be seeing over 200% of gains to climb to $10. For the second-largest cryptocurrency, Ethereum, however, AngeloBTC has the least expectation as he predicts a minimum jump of 87%. Currently trading at $263, up 105% in 2020 so far, the trader sees it going to at least $500 moving into 2021. But for the third-largest cryptocurrency, XRP, the investors are in for the highest gain of 248%. At the time of writing, XRP/USD has been trading at $0.282 and as per the trader, by 2020 we could see $1 finally, which was last spotted in February 2018 during the trip down from the January ATH of $3.92.
BITFINEX:XTZUSDLong
by MavRich_Trading
1
Breaking out of trading ranges: Tezos vs. TeslaWeird comparison - I get it. But I want to showcase what can happen when something breaks out of a long-held trading range. In the week of December 16th, Tesla broke out of its 2.5 year trading range and has since climbed over 150%, culminating one of the most impressive month and a half runs ever. Similarly to Tesla, this past Sunday, Tezos broke out of its trading range that it held for nearly a year and a half. This idea illustrates where Tezos would be it it followed Tesla's breakout pattern --- roughly $3.50 by the middle or end of March.
BITFINEX:XTZUSDLong
by m00nsnacks
1