XTZUSDT.P trade ideas
XTZ Daily chart potential to breakoutTezos played well in this recent period of time and its almost broke the major resistance of 4$ , however it looks after Bitcoin to moving on like rest of the crypto market .
If tezos close daily candle above 4.05 resistant , it will reach 4.50 and probably goes to 4.80 for the second run .
XTZ LONG :
entry: 4.08
Tp 1: 4.48
Tp 2: 4.74
Tp 3: 5.120
Sl:3.85
Its not a financial advice ,DYOR
I would love to hear your ideas about TEZOS
XTZ Cup and Handle 2xHello everyone,
This is my first time doing a public analysis, so I hope you won't be too harsh on me. :)
I have analyzed Tezos (XTZ), and the idea based on the daily chart, I have observed a cup handle formation that has been trying to form for a long time and I wanted to share it with you.
As can be seen in the graphic, the cup part is completed, the handle part scrapes the bottom.
Even though I took it as the bottom part of the cup and made an approximate date and price estimate, it may not be exactly the same.
2x (8.500ish and beyond) might be expected for Tezos, which I have foreseen for a period of about 2-2.5 months.
Farewell
XTZ/USDT technical analysis chart (TEZOS) Current technical analysis of XTZ chart let me know if you have any doubts or questions which you can leave in the comments and if you have any criticism towards my chart, would be greatly appreciated!
Red line (2.9) = current strong support
Yellow line (3.8) = current strong resistance
Orange line (4.4) = hard resistance (potentially might bounce down)
Cyan line (5.3) = target selling price strong high resistance
Green line (6) = recommended selling price if still holding unless you think it will reach the top of the ray or even the channel
BINANCE:XTZUSDT
XTZ can Reach 4.4$🌳XTZ has been Starting to Increase lately. If we Expand our View, We Can See Tezos is in a sideway Channel. This Means as long as there is no break out, we must Rely on It to Range In This Channel. So Now the Price has been able to Get above the Middle line of the Channel and This is a Good thing and It means the Price has a Greater Chance to Reach the top of the channel From Here. around 15% Profit can be claimed from Here. The Resistance Sits around 4.4$.
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
Thank you for seeing idea .
Have a nice day and Good luck
XTZ : GLOBAL VIEWAiming to 13$
but still a long road to there
we may go up and down along the way
Above chart is support and resistance
.
PS. *** All of my analysis is for scalping method,
Not suitable for coin holders / Investor....
It's my trading diary particulary to practice scalp trading skill.
*** If you follow it please adjust the stop loss at your acceptable risk.
>>>>FYI When I trade I use low leverage and only cut loss
.
Feel free to share your thoughts, Trade safe and fun!
XTZ : SCALPINGENTRY : After break out + 1 confirmation candle only
.
.PS. *** All of my analysis is for scalping method,
Not suitable for coin holders / Investor....
It's my trading diary particulary to practice scalp trading skill.
*** If you follow it please adjust the stop loss at your acceptable risk.
>>>> When I trade I use low leverage and only cut loss, just FYI
.
Feel free to share your thoughts, Trade safe and fun!