XTZUSDT flat pattern (waiting to breakout)XTZUSDT Flat pattern breakout after 1.32. Till then if you can see it’s shifting in next channels. It has lot of potential but only after 1.32-1.35 breakout it can lead the intensive bullrun.
XTZUSDT trade ideas
XTZ Breaking Out! Bullish Momentum Building 🚀💎 XTZ has recently broken out of a resistive trendline and formed an inverse head and shoulders pattern, accompanied by CHoCH and BOS signals, indicating a shift towards a bullish market structure. These developments increase the probability of a bullish move for XTZ.
💎If XTZUSDT manages to break above the neckline and resistant levels of the inverse head and shoulders pattern, we can anticipate further upward movement towards the next resistant levels. In the event of a pullback, we can anticipate a bounce from the bullish OB area. However, it's important to confirm such moves with bullish candlestick patterns.
💎On the other hand, if the price breaks down below the bullish OB level, it would be considered bearish. In such a scenario, it would be prudent to wait for better price action confirmation before making any trading decisions.
XTZ/USDT ( 30 min ) RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price is above its 20 & 50 period moving average.
0.87 is support level and look for 0.93. In case of downtrend breakout of 0.87 and it would look for 0.86 & 0.85
XTZ/USDT Analysis: Anticipating a Bullish Bounce Towards 1.055 ?
Introduction:
In this technical analysis, we will explore the potential trading opportunities for the XTZ/USDT pair. By employing a Gann Fibonacci tool and considering recent price movements, we have identified key buying areas and a profit-taking level.
Buying Area - 0.844 to 0.856:
Our analysis indicates that the XTZ/USDT pair has established a strong buying area between the 0.844 and 0.856 price levels.
Historical price action in this range suggests that there is significant support, making it an attractive entry point for traders. Buyers are likely to step in and defend their positions in this region, creating a potential price reversal.
Price Projection - Targeting 1.055:
Based on our analysis, we anticipate a bullish bounce in the XTZ/USDT pair with a price target of 1.055. This level is derived from a Gann Fibonacci tool, which is plotted from the high on April 16, 2023, to the low on June 10, 2023.
The 0.75 Fibonacci level aligns with the price target of 1.055, indicating a high probability of a strong resistance-turned-support zone. Traders can consider this level as a potential area to book profits.
Conclusion:
In summary, our technical analysis on the XTZ/USDT pair suggests a favorable trading opportunity. The buying area between 0.844 and 0.856 offers an attractive entry point, with a bullish bounce anticipated towards the 1.055 price level.
Additionally, the Gann Fibonacci tool reinforces the 1.055 level as a suitable area to book profits. As with all trading ideas, traders are encouraged to exercise caution and employ appropriate risk management measures.
XTZUSDT DThis is my analyse on XTZUSDT . DAILY timeframe .
PLEASE Don't forgot risk and money management.
THANK YOU FOR YOUR TIME.
PLEASE BOOST AND FOLLOW..
$xtz to 400% possible? #xtzOne of the best mid cap coin which is still too much underrated is xtz, Last season in bull rally this gave sudden spikes and in not time reached the peak. Right now sitting at bottom and it should be a must have in your long term portfolio.
XTZ USDT LONGPositional
XTZ USDT Long at CMP 2.158
Target 2.867
Stop Loss 1.905
Excellent Risk : Reward Call
Buy Tezos with SL $3.85 for Tg1 $4.2Buy Tezos with SL 3.85 for Target of 4.2, 4.5, 5
Recently Charts indicate Bullish trend for XTZ
💡Don't miss the great buy opportunity in XTZUSD @tezosTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (3.130).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. XTZUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 64.
Take Profits:
TP1= @ 3.479
TP2= @ 3.800
TP3= @ 4.109
TP4= @ 4.426
TP5= @ 4.777
SL= Break below S2
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xtz LONGgood buy here fundamentals looks strong. hold mid term i think this is going to be at least 2-3x in next few months.
💡Don't miss the great buy opportunity in XTZUSD @tezosTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (4.629).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. XTZUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 56.
Take Profits:
TP1= @ 5.717
TP2= @ 6.091
TP3= @ 6.783
TP4= @ 7.184
TP5= @ 8.032
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 / Crypto 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 downtrendSo a lot of things are showing that our tezos is in a downtrend MACD struggling to cross .050 line since 26 October , 20 SMA always pushing the value of XTZ downwards and top it trendline is created in 4h candle chart pattern.
The next move we can expect from tezos when it breaks the trendline.
The big support is from 4 - 3.4 $
Also don't forget to watch BTC side by side
XTZUSD 4HRBullish Bat
Price need to follow GREEN TREND LINE and hit Target 1 & 2 , else if Price BREAKS RED TREND LINE is EXIT
POTENTIAL BUY
longLooks good to buy between 6.1-6.5 good consolidation, target 8-10-12 as per time to hold ......small resistance near $7-7.10 but will easily break
Xtdusdtperp forming triangle pattern in both price and RSIBINANCE:XTZUSDTPERP forming triangle pattern in both price and RSI
Detailed analysis given on the chart
XTZUSDT Take Long HereXTZUSDT Performing Well, Take Long Here for Short term and Hold big Bag For Long Term --> 13$
Will XTZ breakout?XTZ can breakout of the triangle. Good entry on retest.
All depends on BTC for it to play out. For now BTC looks Bullish so XTZ should breakout successfully.
NOT FINANCIAL ADVICE
XZT by 15th OctoberNon financial advice. But this is expected because Tezos has good blockchain features and security than others. And Tezos is also backend bull and bear buys. So chances are higher for XTZ to be $10-$12 by 14-16 October.
