Many coins have this formation, I chose Tezos. If you look, you can find it on many mid-cap coins. The price was sideways for 2 weeks, large volumes, the sellers' efforts did not lead to a break-down (bid delta) + false-break + break-up on volume. Stop behind the volume candlestick from where the movement started for 0.905 (about 3%). Targets on the markup, as...
XTZ (Tezos) has been experiencing a downward trend over the past few weeks. Following a decrease in demand around the $1.15 range, the price of XTZ failed to maintain itself above this level. As a result, the currency's value continued to decline, indicating a further drop in the daily timeframe and a potential return to the weekly support level. It is crucial to...
Past Performance of Tezos Tezos remains under pressure despite bullish network enhancement. On March 30, bears quickly wiped out gains of March 29, swinging price action back to bearish territory. As it is, XTZ is down 12 percent from March highs and 24% from February highs. Based on the XTZ candlestick arrangement, the coin has support at $1.06 but is within a...
XTZ has strongly broken up the accumulation triangle and the MM200 and is now chasing the upper edge of the Keltner channel at 1.147 Tezos is a layer 1 (L1) independent blockchain, which means that it runs independently. One of the main advantages of Tezos is on-chain governance. This means that the core protocol can be updated through a democratic process,...
this hidden bullish divergence showing up on a few charts here, makes you think that this is a potential attmept at accumulation, most likely will fail and move lower but at least theyre attemping to turn them around
Taking a look at Tezos and we can see clear trend lines both above and below the current market price - we've had some cracking trades through Crypto Tipster v2 over the last few months and years and this could well be another one! After a little fakeout on the downside we're now trending back within the historical range with one target to aim for - the top of...
web3 is gaining web2 giants attention. Google partnered with xtz today so this is a catalyst for more upside no pullback on tezos today with the rest of the market broke above a significant orderblock 1.45 may act as resistance for a retest on 1.30 "a good place to enter" after that 1.45 breaks and we could make it all the way to 1.80 before the next retest
Tezos / XTZUSD has completed an Inverse Head and Shoulders pattern. Its technical target is a symmetric leg of the distance from the Head to the Neckline. That is +68.66%. The MA50 1D is supporting since January 12th. Trading Plan: 1. Buy the pullback to the MA50 1D or if Resistance (1) breaks first. Targets: 1. 1.9000 (slightly under Resistance 2). Tips: 1....
XTZ has formed a nice inverted H&S structure however the right shoulder is yet to form. The right shoulder is a bullish act. I have shown this bullish move with the white bars pattern Inverted H&S is a reversal pattern and is good for the bulls. Daily timeframe
TEZOS has been trending top to bottom in this descending channel for a while now, and we've recently tested been rejected by the lower edge once again, back to the top edge we go! We've got a Buy signal from CTv2 to help confirm the upward move and should be able to lock in a good 15-20% on this one. If you enjoyed or agree with this idea - drop us a comment,...
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. Namaste.
The analysis includes multiple methods of technical analysis to produce a map. The labels for the chart and what the chart says are on the chart itself, more information about how to create a chart like this will come with updates to this idea. A quick rundown of what I do use are: Trend Line to extend from two lowest structure closes. Horizontal Ray tool...
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...
If you've been following, you know that altcoins printed a major low/support in May/June/July 2022... This low is being mostly followed by a higher low in Nov./Dec. 2022... This is not the case for Tezos (XTZBTC). Tezos hit a low in May 2022, before many other altcoins/pairs, and after a long consolidation phase it broke down and went lower, hitting a lower low...
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,...
Past Performance of Tezos It has been a tough year for Tezos, considering how price action has been panning out. As an illustration, XTZ prices are down 91 percent from peaks and presently trading at the October 2019 support. Any loss from the spot rate could see the coin tumble to register multi-year lows, cementing bears' grip on the current trend. #Tezos...
At ~.329 we shall see a bottom. I've been looking over a bunch of altcoins and lots are about to bottom. Happy Holidays! Get your santa bags ready.