Tezos forming Livermore Accumulation Cylinder on the BTC pair?Tezos on the BTC pair seems to be forming The Livermore Accumulation Cylinder with Widening Mouth.
If it continues to follow the pattern it should lead to expansion in the next phase.
XTZBTC trade ideas
XTZBTC XTXBTC Looking good for buying its on 2nd stage bull setup , its above 50 & 200 SMA on daily charts and its above Anchord VWAP.
Positive Divergence on TEZOS-BTC Daily.Positive Divergence on TEZOS-BTC on Daily charts. Place tight Stop loss and can take long positions.
XTZ/BTCIn weekly time-frame we can observe the price fell from ATH breaking all the support zone and is currently forming a proper DOUBLE BOTTOM (W- pattern). From here on, there are possibly two scenarios that can take place, first the price surges from here following the W pattern to the upside (Lvls mentioned in green) and second after reaching the highlighted area in ORANGE it bounces/retraces back to the Support Zone and possibly make a TRIPLE BOTTOM pattern and then continue the upside move.
For educational purposes only (DYOR).
BINANCE:XTZBTC
XTZ/BTC Weekly AnalysisHello Everyone
First of all, all of my analysis are for educational/study purposes only and should not be taken as an investment advice.
Tezos began to drop back in Sep 14 2020 and continued to it's downtrend for months until the first week of January 2021. Right now, the price has been accumulating/consolidating between 8647 and 7271 levels. If the price manages breakthrough the 9835 level. It would be an early indication of bullish signal. Red square is a weekly supply zone, beyond that there is not much resistance left at HTF.
XTZ / BTC PAIR ULTRA BULLISHCompleted its capitulation cycle.
Volume and VPVR showing bullish momentum in D1 TF
I am buying here heavily b/w 700- 850 sats will hold for a quarter for 300% run
Investment is the key and investing right matters
💡Don't miss the great buy opportunity in XTZBTCTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.0000855).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. Tezos/Bitcoinis in a uptrend and the continuation of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 46.
Take Profits:
TP1= @ 0.0000975
TP2= @ 0.0001040
TP3= @ 0.0001110
TP4= @ 0.0001200
TP5= @ 0.0001335
TP6= @ 0.0001530
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex trader ?
Now, It's your turn !
Be sure to leave a comment let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
XTZ/BTC(4 H)XTZ Going to Make INsane Goins In Coming Weeks or Months.We Can Expect 50%-100% IN Lonterm,While Mid-Term Targets are Given
XTZ finally moving UP!!XTZ bouncing from its support of 2400
Breaking upwards 23 fib level.
Also a trendline break.
Probably target is resistance at 3800
