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Tezos

#Tezos Drops to Multi-Year Support Line, resistance $0.911Past Performance of Tezos It has been a tough year for Tezos, considering how price action has been panning out. As an illustration, XTZ prices are down 91 percent from peaks and presently trading at the October 2019 support. Any loss from the spot rate could see the coin tumble to register multi-year lows, cementing bears' grip on the current trend. #Tezos Technical Analysis XTZ bears are squarely in control from a top-down analysis. Even though there are flashes of strength, the coin is tethering close to registering new multi-year lows. Oscillating at October 2019 support at $0.76, Tezos bears are in control. However, in the weekly chart, there are hints of rejection of lower prices. The result is a long lower wick, pointing to strength. In the daily chart, there is a bullish bar following the gains of December 20. Still, buyers are yet to reverse the losses of December 19. XTZ is within a bear breakout formation, with December 16 and 19 defining the current trajectory. Aggressive traders can unload on every attempt higher as long as prices are below $0.911. The immediate target lies at $0.75. This preview will be null if XTZ rallies above $0.911 and, ideally, $1.04. What to Expect from #XTZ? Tezos bear bars band along the lower BB, indicating strong selling pressure. With sellers in charge from a volume analysis perspective, traders can liquidate as long as prices are inside the December 16 and 19 bear bars. Resistance level to watch out for: $0.911 Support level to watch out for: $0.75 Disclaimer: Opinions expressed are not investment advice. Do your research.
Short
by Bitcoin_Analyzer
1
Tezos Correction -90% From ATH | Will Grow For 2+ Years After...Tezos (XTZUSDT) has done a massive -90% correction from its All-Time-High and so far hit its November 2019 low levels. Just a bit lower and XTZ will be trading at All-Time-Lows... You know what we love to say; Once we hit bottom, the only place left to go is up. One final drop and the bear market is over for this pair. It can go lower to a total of -91 to -93%. After this last move, painful I know, we are very likely to see higher highs and higher lows for years to come. Over two years of bullish action... All through 2025 and beyond. Stay strong, the best is yet to come. Namaste.
Long
by MasterAnanda
1
XTZ - Potential Inverse Head&Shoulders!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. XTZ is sitting around a strong support zone and round number 1.0 so we will be looking for buy setups. XTZ is forming an inverse head and shoulders pattern but it is not ready to go yet. For the bulls to take over, we need a momentum candle close above the gray neckline. Meanwhile, until the buy is activated, XTZ would be overall bearish and can still trade lower. Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
by TheSignalyst
12
#Tezos down 33% in 3 weeks, XTZ under PressurePast Performance of Tezos Tezos remains under immense sell pressure, looking at how price action is on the daily chart. Despite the broad market recovery, XTZ is edging lower with support at around $0.90. There are lower lows relative to the lower BB, but sellers remain dominant. #Tezos Technical Analysis As an illustration, XTZ is down 33 percent from November peaks and 52 percent lower from Q3 2022 high. Accordingly, sellers are in a commanding position. Therefore, for Tezos bulls to shake off adamant sellers, there must be a decisive close above $1.05 in the short term and $1.20, reversing November 9 losses in the medium term. As long as XTZ prices are below $1.05, sellers can unload on dips, targeting $0.90 and $0.80—or September 2019 range. What to Expect of #XTZ? Down roughly 90 percent from the 2021 high, Tezos sellers have unwound all gains of 2021 and 2020. Prices are now at 2019 ranges with a bleak outlook considering the relentless wave of lower lows. Resistance level to watch out for: $1.05 Support level to watch out for: $0.90 Disclaimer: Opinions expressed are not investment advice. Do your research.
Short
by Bitcoin_Analyzer
XTZ - 2x OpportunityReposting this since the last chart was removed for some kind of infraction. Since we reached the level at which I said it's a good idea to accumulate, I thought I'd provide an update with a prediction of where the price can go next. Keep in mind that if you bought here, the best time to sell is end of 2025, but if you want an earlier mid-term target then I think I have a trigger and a set-up for you. If the price retraces all of the FTX dump and closes above $1.4, then I can see it squeeze up to the area highlighted in red in the chart ($2.8 - $3.2). That means one can buy at 1.4 and 2x within a few months. As I'm sure you all now know, that's pretty much as good as it gets during a bear market. It may even be asking a lot. Keep in mind that if that level is lost, if the price closes below, then this prediction is invalidated. What I mean is that my prediction holds only if we get to and stay above $1.4. This doesn't just go for XTZ. It's like this for all other altcoins, and includes BTC, too. If they close above the point at which the market began dumping on news from FTX , then they're likely to pump hard. I intend to post a few more charts showing what I mean. I've been bearish the whole way down, but I think the bear is starting to finally hibernate, and the bulls are beginning to wake up. It'll be slow at first until mid-2024, and then, after the halving, we'll see the bulls rampage again.
Long
by fritzz
1
POLY Moving to Substrate/DOT. POLY will be soon be POLYX. +400%This might be the most underrated project in the cryptosphere is it is certainly the most underrated token tied to the Polkadot ecosystem. Polymesh Network testnet has been launched (aka Substrate/Polkadot) A tool to help you upgrade your POLY on Ethereum to POLYX on Polymesh. POLYX is the protocol token of the Polymesh blockchain, used for network processing fees, protocol fees for using network modules, and block rewards. Polymesh Testnet V2 just launched, token studio w DAPP, Staking, Smart Extensions etc. Polymesh Mainnet Launch is Q1 2020 I believe that POLYX will the be the STO pillar of the Polkadot ecosystem. They have been around longer than Tezos and I feel that Subsrate is a revolutionary technology. Huge potential and the community does not yet understand how revolutionary Subsrate/Polkadot is. Lots of synergies between Polymath and Gavin Woods Parity When people start to connect the dots (no pun intended) this thing will explode. See XOR for an idea of the hype around the Polkadot Ecosystem. POLY currently in ninja mode but for how long.
PLong
by TheWolfOfBlockchain
1
XTZ/USD - 2018 bearschizo bros rise up!If we get the brutal 3 year bear run, these are the levels I plan on buying XTZ. Veterans of last bear run would not be shocked if we saw 90-98% drops on major coins, regardless of their fundamentals. Even ETH dumped 94% last time. This is one of my contingency plans - obviously not advising anyone to follow suit. I still have some alt suicide bags. That said, in my opinion it is a good idea to have cash handy for these possibilities. Blue - dip toes Green - long accumulation Purple - buy with size (exception is if the project dies, otherwise I think these bags would make me a happy man in the next bull run, especially with baking.)
by fritzz
CryptoMania- in 2018-2019-2020, Cryptos markets fluctuated bewteen 100 Billlions to 400 Billions. - At the start of this BullRun, we got a push of 2000%! Rockected to 2.5 Trillions ! - Now and it's totally Logic that we retraced 50%ish and back to 1.20 Trillions, according to Elliot Wave, we just finished Wave 4 Retracement. Remember always that Cryptos are most fast than you, for the push and also for the dip ! - The Next push should propulse us to 3.5 Trillions Total Crypto Market ( +200% ish), 161.8 Fibo. - This trend is theorical but clearly possible and very preservative, i had to made it to make peoples understand that we are just at the beginning of this fabulous Journey. You are parts of the Web3.0 Story, Defi, Decentralisation, Swap money from your computer and so much more is coming.. could u imagine that 10 years ago ? - With time the old banking system will be obsolet and die slowly. Don't lose your faith in cryptos! Long Cryptos, Short Banks ! Happy Tr4Ding !
CRYPTOCAP:TOTALLong
by thecryer
4
FTX is Just Another Market Correction: Liquidity and RegulationsI'm sure you've probably already heard the news about FTX so I won't cover everything - but there's a few things we might expect, longer-term, from the scandal this week. - More Regulations: This incident embarrassed a lot of powerful people as well, so the likelihood of more substantial regulations coming down the pipe is now much higher. - Increased Liquidity: Lots of people are pulling money outside of crypto right now, which explains why the prices have dropped so much this week, as a whole. (Especially Solana, which took an outsized hit compared to the rest.) But the money is still there - some will leave, but some will come back...hopefully with better research. It may present an opportunity for smaller alts to grow after the dust settles. The crypto ecosystem has gone through a few exchange collapses already (ex. Mt. Gox) so crypto itself will still continue to press on. But I fully expect for more stories like these to unfold as we head further into the recession - the money printer has run out of ink, after all.
Long
by RyanTanaka
6
#Tezos Dumps 35% in 3 Months, Could Slide to H1 Lows of $1.20Past Performance of Tezos Tezos is down 35 percent from August 2022 highs and remains under pressure. The daily chart shows XTZ prices are printing lower lows, capped within the middle BB, and retesting $1.33. Technically, price action favors sellers in the short term. There could be more liquidation if bears force prices below July 2022 lows. #Tezos Technical Analysis Tezos hasn't been spared the uncertainty and drawdown in the broader crypto and financial markets. Overall, the coin is within a bearish trend, below the middle BB, a dynamic resistance level, and $1.46 is a critical liquidation level. XTZ might recover, especially if buyers soak in the deluge of selling pressure. The October 13 bull bar defines the short-term trend. Bears will be in control until there is a confirmation above the middle BB and $1.46. A close above $1.46 may see XTZ rise to September 2022 highs at $1.70. Losses below $1.33 may force XTZ to 2022 lows at $1.20. What to Expect from #XTZ? Sellers have the upper hand, but the tide could change if there are above October 13 highs and the middle BB. Preferably, a spike in trading volumes, exceeding this week's average, might reinvigorate buyers, pushing them to new October highs. Resistance level to watch out for: $1.46 Support level to watch out for: $1.33 Disclaimer: Opinions expressed are not investment advice. Do your research.
Short
by Bitcoin_Analyzer