Best target is 0.23 FIB retracement if breakdown occurs. I've put in Pink SPX price which is going very similar those days.
IT'S JUST THE BEGGINING YET SHORTERM HIGH
Tezos is Kicking off this beautiful Friday morning kicking off this beautiful Friday morning where the sun where the weather today looks spectacular on the east coast :-) So my guess is sometime around 4 to 7 AM so my guess is sometime around 4 to 7 AM during peak Asian trading hours (Probably as a result of probably as a result of the resurgence i've...
Please support this idea by pressing the like button XTZ coin is a very powerful coin I have made big profits in the long run and I expect more gains from this level The currency may take a long time to start again, as shown in the drawing
inverted hammer You have been formed and show the end of the downward trend
XTZ/BTC -old resistance turned new support -100D MA dynamic support -upward trendline support is successful -the downward trendline is the initial sell area -stoploss below 100D MA
XTZ about to EXPLODE Higher Dont Sleep on this
What is up Traders! Hope you're all doing well where ever you are! Today’s Technical Analysis will be on XTZ/BTC trading in a falling wedge, holding local support as it sits on the .618 retracement– historically being the pivotal point with a probable break to the upside. Points to consider: - Bullish uptrend, Consecutive higher lows - Local support holding -...
XTZ/BTC XTZ broke horizontal support at 2900 sats and now facing to resting the upward trend-line support which is located in the 0.618 fib levels. Most traders are looking for a bounce play once the price reaches that zone of support. But today, Technical Analysis is becoming too risky if the world market is in fear regarding the virus affecting all sectors....
XTZ is showing signs of an early H&S formation, however it is currently within a strong uptrend. Continuation of this uptrend is more likely due to its strength however the h&s is always a possibility.
XTZ was listed recently on all major exchanges which caused a bull frenzy where XTZ was over bought in the short term. With the triple top failure to break out most probable move will be a correction to the respective fibonacci levels
Expect more short term selling pressure as significant buyers remain on the sidelines until price capitulates one final time. The current chart is not appealing at the moment for traders with size - easily shown by the declining trading volume since 2019's high. Watch volume closely. Also, watch the Tezos price trend cycle throughout the day. When daily trading...
Some perfect EMA touches, currently sitting at the top of the regression uptrend , 0.80.
Sitting on regression support, 0.79 regression uptrend. Phat Regression trend. Potential upsides.