We're in the middle of the range $3.05 - $2.60, don't think to enter any positions here is a good idea, R:R is 1:1. It looks better just to wait the price will touch support or resistance and after that make my turn. And I would rather prefer to buy pullback than to short it above $3, i.e patiently waiting for the further PA. Hit the "LIKE" button and follow to...
XTZ is one of the most bullish alt coins in the moment, broke up the daily channel, had a retest of the upper line and now going to the high of the move. There's no resistance until the $3.30 area, had a 168% up from the lows. XTZBTC is 14% away from the all times high.
Possible rejection at 2.618 fib line looking for a retracement to form the H&S head Looks good for short another H&S pattern for XTZ
Tezos is doing great, bounced off support (missed my bids on a couple of dollars) and goes to resistance to test it in the second time. Don't plan to short this ride now, because I think it could go higher - to $2.4 for example, where I'd prefer to short, but watching closely on the price. Mid-term I think it's more profitable to buy pullbacks. Hit the "LIKE"...
Buy on dynamic support retest. Level 1.86 is a reinforced concrete support. smaller timeframes in bullish trend. Trendy support is sloping and acts as a break point in the bulls' mood. In the daily timeframe you can see that the desire to grow is more than falling:
Pattern: Channel Up since December 2018. Signal: Bullish as the price has rebounded on the Higher Low of the Channel Up to the 1D MA50 while the RSI is replicating a bullish pattern. Signal: 3.9000 (roughly the previous Higher High and 5.000 (+430% from the Higher Low) in extension. Previous signal:
Labelled (1) initial breakdown formation, pushed through fib resistance Labelled (2) Breakdown phase Rising Wedge pattern present Included EMA as support, Looks quite stable
on the hourly timeframe discrepancy with the AO indicator. Indicates that there is no power to continue upward. on the daytime timeframe, the AO indicator has gone long. Two shopping areas: when the exit is up. or on a rollback to pick up. rollback down or sidewall likely to unload indicators for further growth. main resistance zone 2.5$
Tezos rompeu a resistencia, que agora passa a atuar como um suporte, na regiao dos US$ 1.78 e disparou ate US$ 2.10 no inicio do dia de hoje, agora entrando em movimento de correcao, buscando a regiao dos US$ 1.87/1.88, que e a regiao dos 50% da retracao de fibonacci, bem como a regiao da media movel de 200 periodos. Vejo uma boa entrada na regiao entre US$ 1.88 a...
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...
the level has been under pressure for 19 days. and a lot of traders are climbing into shorts. For a safer trade, you can enter after breaking lines (shown on the chart). the bottom line: waiting position for the shorts. Friends, thanks for your likes and comments! Good luck with trading!
Published this alt yesterday as well, but it looks perfect today so couldn't ignore one. Bouncing from the mentioned support. Almost it almost doesn't react to the $BTC movements, while many alts are dumping. Targets are on the chart. Friends, thanks for your likes and comments! Good luck with trading!
Tezos has seen a great bull run. However it has reached the point where the downside potential is A LOT greater than the upside potential. Support for this theory includes the bearish opening of the Gaussian alligator indicator, preceded by a double top and a bearish divergence. The previous Bearish opening held bullish potential due to the formation of the...
An eye on previous bullish harmonic move: Hi Folks hope you are doing well, this bearish trend is helping many tokens and cryptocurrencies to complete their final bearish legs to form bullish patterns and Tezos (XTZ) is also one of them. This time the XTZ has also completed another harmonic move but before moving to current pattern lets watch the previous move so...
Volume has increased drastically after breaking past $3.00 resistance last evening --- this is extremely positive as the price decline from $3.99 to $2.50 was on low trading volume. The recent dip reminded me of the March 2019 dip after Tezos rose from $0.30 to $0.95 and dipped to around $0.60 before resuming the bullish action.
Bought spot Tezos, it's ranging near the daily support. Assuming Assuming BTC won't be free falling it looks like a good trade for me. Information is just for educational purposes, never financial advice. Always do your own research.