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...
Hi folks, welcome back to RS_Crypto Analysis. It appears that the XTZ/BTC pair has been forming a falling wedge pattern for 1659 days. Based on this analysis, it is possible that the current price represents a bottom for the pair. It is expected that the XTZ/BTC pair may see an upward movement within the next 1-3 months.
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- Here is my trading methodology. I trade with a normal system and analysis of resistance and support, as well as price reversal patterns.
- For the record, I do not place a stop loss within my trades. So that I only risk 1.5% of my total capital in order to support the loss due to a price reversal against me.
- If a price...
#XTZ/USDT LONG TRADE SETUP
LONG ENTRY:-$1.59 - $1.61
STOPLOSS:-$1.56
TARGET:-7% TO 10%
LEVERAGE :-10X TO 20X
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
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The long-term support for Tezos vs Bitcoin (XTZBTC) has been activated.
This support level was hit back in January 2021 and was followed by a 235%+ bullish wave.
This same support level was briefly breached in May 2022, 1.5 years of bear market correction, which signals that a trend change is very likely and soon to come.
Because this long-term level has been...
XTZ is one of the most legit projects in the crypto space.
I have a short term price target of $1.86 and $3 by the end of the year.
Looking forward to read your opinion about it.
Welcome again, it is my pleasure to have your attention.
We are going to be looking at Tezos vs Bitcoin (XTZBTC) from a different perspective today.
Let's start with the daily chart:
- The first thing to notice is that the chart is bullish. This is important because Bitcoin is right now hitting new lows with very bad technicals, while this and other Altcoins...
XTZ / USDT
Price broke-out the bullish pattern on its fifth try
the overall market still in bear/ sideway
However this is bullish momentum for XTZ
if price able to hold above resistance line for next few hours expecting more bullish movements and first resistance is around 2.55$ (first TP )
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(XTZUSDT 1W Chart)
Anything below 1.942 is likely to be a mid- to long-term investment area.
From a mid- to long-term perspective, to continue the uptrend, it needs to rise above 2.822.
(1D...
Tezos broke up this triangle📐 and I think there is chance for run to 5 and even higher. Setting BUY LIMIT order to previous range high to catch🎣 the pullback.
ENTRY : local high @ 3.242
STOPLOSS (SL) : local low @ 2.857
TARGET (TP) : height of the triangle projected from midpoint of the local range (BUY LIMIT - STOPLOSS) @ 5.080
REWARD RISK RATIO (RRR) :...
Welcome to this Trade Setup on XTZ.
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Now, let’s get to the chart.
XTZ is currently trading at around $3.40.
As per fractals, every time XTZ hits the lower support...
Given our long-term uptrend line, we expect price support again. This area is a good place to enter if this area is well supported and trend lines are not broken. If this range is not maintained and the support of the trend line is lost, we will see more decline. We specified the next moves in the chart according to the trend line scenarios.
Its not Buy or Sell...
