As the market is seeing a red day, Tezos follows. Volume is still high though. - Touching $5.36 resistance turned support - 50 MA served as support 3 times - MA's going further apart - RSI still setting higher lows Possible resistance @ $6.6, but I expect we can see a clear rally towards $7.30 Do you have a position in XTZ?
A smol bullflag has formed within the channel I expect this to likely push the price out of this channel area, once it breaks out This is the weekly chart so patience may be needed Very bullish formation
Tezos has strong fundamental and has been accumulating for a very long time. Now she has establish double-bottom, and holding strong against the recent BTC dump. Next time it stands above the neckline (5.5-6) then retest the line would start a major rally. Watch the show.
The last 6 months have been trying for Tezos holders, but patience might soon pay off. XTZ is currently trading in the $3.50 range, and should it break we could see new all time highs shortly thereafter. If the February close is indeed the highest mark yet, the remainder of 2021 should be electric for Tezos.
Tezos until we Bezos. XTZBTC is looking really good for a reversal. Bitcoin should hold steady with institutions holding it down at $30k. This is a great time for altcoin laggards to shine. XTZ will have a candle close above the 50 day EMA and the bull trend should continue. Tezos trust is coming - load up
Potential breakout setup for this coin. We may be looking at a down day today but waiting for the close. Altcoin market cap needs to stay above 155 billion for this setup to remain viably bullish. Otherwise, I will pass.
*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. I do not guarantee any results nor am I responsible for your actions. You should always do your own due diligence before trading or investing in this market as it is extremely risky. *Follow me for the latest cryptocurrency analyses on my...
XTZ broke so many hodlers hearts, so I decide to long this little coin to previos highs. Stops and target prices are on the map, please enjoy =^_^=
Price action of XTZ has found a very long term support on weekly chart. And this time priceline is again moving down towards this support. On daily chart the priceline is moving within a down channel. The moon phases indicator is showing new dark moon appeared above support of channel and new full moon is at the resistance. The priceline is likely to be rejected...
Very horizontal price movement May be a bull flag If it is it aligns well with my super bullish XTZUSD chart
Let's hope it's finally going to take off
Following the Valhalla plan nicely (see below👇)
Hi All, ** This is a additional TA to the previous post on XTZ with BTC pairing ** As we had a strong BTC dominance divergence play out, we had XTZ.BTC price drop and bounce significantly while slowly regaining lost territory. I did this TA against the USDT to see if its still within the acceptable levels for a next wave up. Happily to say, the restests of the...
Potential reversal or buying zone: $2.45 to $2.34 (it should be used as stop loss as well) Fibonacci projection or sell zone: $2.72 to $3.12 Regards, Atif Akbar (moon333)