XTZ/USDXTZUSD harmonic idea using Pi-EMAs 314, 628,... If bullish should retrace from EMA s986/1300/2600
Market insights
Tesoz EUR 4h - Helicopter view.Tesoz has been failing for some time now, I've drawn out the possible support lines for future trends, all in all, it's not looking great if you were in my position having purchased XTZ a couple of weeks ago, but at least I can see some recovery points.
Tezos EUR 15m Resistance planPlanning out some support and resistance lines for us to observe Tezos after the interest hike. :-) It still can drop
Tezos EUR convergenceConvergence of resistance lines seen that there are joining at FIB time zones. Maybe a point of interest or a point of stupidity on my behalf.
Tezos EUR 15 min wedge These are my observations as a noob: I haven't yet looked at Tezos until now, it seems like the fib time zone seems to play a part and the downward wedge also seems (IMO) to suggest an upturn. Let's see how it plays out
XTZ - NEXT MOVEA nice and easy short action on this correction of this parabolic ascending channel.
Bitcoin done exactly the same yesterday evening.
Sell the next top of the channel and close your position at the goal. Simple.
XTZ - Time to close positions - Trend ReversalHi,
There is now 3 targets to close short poistions.
1 is safe and right now.
2 has good luck to happen when we look at the volume divergence right now on this mini ascending channel.
3 is the main support, the best point to close. (the second point of a double bottom in weekly chart).
Then we switch to long position, with a safety stop loss, because the weekly chart is an ascending channel, and 9 time over 10, ascending channel will finish in a breakout from downside. But I think we are on the 3rd movement, we will see that at the 5th one.
Have a pleasant day,
XTZ-EUR TRADING IDEAThis is a trading idea for XTZ.
We should wait for price decision and trade it.
This is not financial advice.
Go long on XTZXTZ has dropped tremendously in the last week and has broken an important point of 2.62. How ever has XTZ found an unsupport at 2.16 and will, according to my analysis, rise back to 2.62.
This analysis is in the short term once my prediction is correct, will I place a new prediction
Let me know what you think
tezos keeps moving upTezos remains in his uptrend since early 2019. It is one of the strongest altcoins since long time climbing up the ladder in market cap rankings. So it's good to focus on that coin.
Its likely to retest its all time high during this next leg.
XTZ - 2H - RSI/STOCHASTIC DIVERGENCE.Please have a look on indicators divergences and the approaching big resistance.
XTZ/EUR - Short opportunityHi friends,
There are a few reasons why I publish this short idea for XTZ.
1) Approaching resistance @ 1.60
2) Broken triangle and looking for a retest at resistance @ 1.60 would line up perfectly
3) Hidden Bearish Divergence on the 4H chart
Entry: 1.60, at resistance
SL: 1.81, just above previous high
TP: 0.93, just above previous low
Feel free to share your idea about XTZ and discuss it here,
Happy trading!
Last move before huge resistance - 1D ChartThis last little black triangle fits perfectly with the descending yellow line.
There is a nice short opportunity to 1€ if a breakdown is confirmed.
Tezos - Symmetrical triangle idea In a case of breakout, the price could go touch the major descending resistance.
In a case of breakdown that could be a disaster that could go down to 0.5€.
We have almost 0.95€ of potential moving which is very huge...
Tezos - Down the mountain - 1DHello,
We are clearly on a descending chanel.
After a bull race, Tezos is going down to a strong bottom, as bitcoin did after Dec 2017.
Breaks on the channel can happen so don't forget the limits as Tezos is very volatile.
XTZ - What's coming next for Tezos?We are in a big descending triangle.
The support of 0.75€ is very strong and we can imagine a bull period at the end. Nothing interested is going to happen for weeks right now.
Xtz/Eur Heading into monthly Higher LowKRAKEN:XTZEUR
Tezos is heading into the zone where it will most likekely form his monthly Higher Low; leading to monthly consolidation.
On the medium/short term, the presence of a falling wedge (pink on the graph), suggest a bullish reversal in the zone between key support of 0.9000 and 0.7770, thus forming a monthly Higher Low.
Target for the next monthly Lower High in the red zone, level will depend on how much time it got here, and how much "Oomph" the reversal get
On the fundamental analysis level, lot of thing going for Tezos here in september, with couple of events/Hackaton,
* meeting in sillicon valley,
* the next amendement of the blockchain will finish testing in 20 days and most likely become online
* THERE WILL BE AN AIRDROP of a new DUN token on the 16 September, for all holder of XTZ Token at this moment, so maybe expect a small spike at this point.*
* TQuorum Global Summit on the 29 September, will be a huge event in New York.
XTZEUR should go back down for two days tomorrowTezos is still following its upside trendline.
Before the last short, the price has followed a 13 days patterns (in pink) and finishing by a 25% loosing on the days 12 and 13. Then the price didn't move so much.
And then the price seems to have restarted exactly the same 13 days patterns. If we look at it on day chart, we see it is exactly the same bars colors and system for the 10 first days. We are today the 11 one, that means it should fall tomorrow and the day after for approx 25%.
The technicals indicators, are showing the same within the 13 days patterns too.
