Hi there again! Just wanted to share the analysis of #XTZ USD i've been doing since the start of the uptrend. Right now we are at the end of a cycle so be ready for the next step. Ill try to be uploading some images and ideas of what could happen, so as usual, hope you find this interesting. This is just the start image. This is a special one cause with this,...
With all the good news and bullish divergence, 20000 seems a plausible target for Tezos in the short term.
this crypto with solid technical fundamentals seems in good shape
Tezos is the best coin at the moment in the market, binance and big exchanges are plannig to add it. once market structure is fixed, this is going to give the best returns out there. Tim Draper the billionare btc investor who predicted btc to 20k when it was 300$ , invested in tezos. the tech is the best one in the market right now.
Looks good from the level of the asset beat back 7 times. Support level clearly from $ 1.15-1.10 Head is drawn shoulders pattern A breakout of $ 1.10 will give direction to the asset for a fall. The end of the level of $ 1.15 will be a long signal Indicators are aimed at short And the number of the seller on the site vcdepth is growing
Confluent trendlines indicate a possible entry point after validation
Volume analysis showing big distribution between 1.09 - 1.14. And if we take into account the forecasts for other cryptocurrencies, we can confidently talk about reaching 1.3067 in the near future. I am not a fan of fundamental analysis, so I don’t write large empty texts) Levels thanks to X-Lines indicator.
target for US dollar - healthier than BTC pairing.
Taking profits from ZEC to allow for pull back and putting them into XTZ bounce. XTZ seems to be more vulnerable to BTC movements than ZEC.
Chart is recommended for people that like Tezos as a long term investment 1) Buy box 2) PT1 bold line 3) PT2 line on the top 4) Hold the rest It's similar to my WAVES chart, linking it below
Good afternoon ladies and gentlemen Another symmetrical triangle play i've been looking into is the XTZ/BTC pairing. This could break either way, currently looking for an increase in volume to the upside and break of triangle to confirm change of trend. Typically, target range is measured from the initiating high and low in the pattern which gives us an...
buying this bc the R:R and chart looks good plus @RNR_0 wont shut up about it
Tezos is sitting at some pretty solid support around the .00016 level. Watching this one closely for a potential bounce from these levels. A break below .00015-.000155 would be significant breakdown in this chart. Some potential target areas are .00019 and .00024.
I saw a strong buy from 1.05->1.15 and have a confirmation from 1.20 for un target 1.83. I talk here only for big deal (no go and back during the process) Next big deal is buy for 1.56 with strong SL if my SL is activate next strong buy is 1.355->1.365
XTZ BTC almost reaching potential bounce target. Could be a good buy here if that lower channel of a potential ascending triangle holds. I wonder if it is also a potential inverse head & shoulder pattern forming.