Let's see where this takes us. $XTZ TEZOS
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
The price action has completed the formation of gartley pattern and now from here it will take a bounce from 50MA and hit the sell targets soon insha Allah. The targets are: Buy between: 0.00016526 to 0.00013434 Sell between: 0.00018968 to 0.00024820 Regards, Atif Akbar (moon333)
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...
Welcome back to Louis making another (probably awful) guess. This is where I'd like to reenter, pls let me have 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.
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.
XTZ BTC resistances, supports and targets
So far has held quite resiliently to BTC's rise compared to the rest of the altcoin market. For me to remain bullish, I'd like to see the price hold above/inside green box, targeting R1.
XTZ has been in a strong uptrend and is now printing a cup and handle...the handle could extend longer but I am bullish until a break of the uptrend...
It looks that Tezos is not going to stop, as its rate today has increased by more than 10% in correlation to the main cryptocurrency. Taking into account the technical analysis, the asset is definitely overbought, which confirms the RSI indicator. Moreover, the XABCD pattern shows an upcoming correction and a roll back to the 18k satoshi level. Thus, the break of...
Tezos on the trip +Volume increasing +Break big resistance - maybe a pull back but still on the ride
BITFINEX:XTZBTC Tezos met a strong zone of resistance around 0.00026 sat and needs a good correction. It will have to retest it's bottom before moving up and breaking this resistance