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XTZUSD

XTZ/USD {Parallel channel Analysis}Hi every one no need to say something , chart is speaking it self . Remember that the trend is our friend and we have to take his hand and go with him. Traders, if you like this idea or have your opinion about it, write in the comments. We will be happy Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast Thank you for seeing idea . please support us Good luck.
COINBASE:XTZUSDLong
by CobraVanguard
8
It can be the best buying opportunity at this supportPrice action of XTZ has found a very long term support on weekly chart. And this time priceline is again moving down towards this support. On daily chart the priceline is moving within a down channel. The moon phases indicator is showing new dark moon appeared above support of channel and new full moon is at the resistance. The priceline is likely to be rejected by the resistance. On short term 4 hour chart a perfect down trend can be seen. On more short term hourly chart the priceline was moving in an up channel but broke down the support of this channel as well. Conclusion: On short term charts the priceline is turned bearish. On daily chart it is likely to move down after being rejected by the resistance of the channel. On long term weekly chart there is more cushion to drop more up to the support of long term support. Therefore when Tezos will be at the long term support that can be the best buying time.
KRAKEN:XTZUSDLong
by moon333
1
XTZUSD to see a slight downtrend(1D) | Midline rejectionMarket in last 1 week XTZUSD saw an uptrend after getting lower band support reaching midline Price volatility was very high. The market moved ~23.41%, between $2.36 and $1.91 Today’s Trend analysis XTZUSD expected to see a slight downtrend as the price after trading between midline and lower band got midline rejection Price at time of publishing: $2.27 XTZ’s market cap: $1.71 Billion Oscillator indicators are mostly neutral. RSI at 42 Moving average indicators are biased towards a downtrend. Ichimoku Cloud is neutral and Hull MA indicates a buying opportunity Volume indicators saw a decrease in volume as price increased followed by increase in volume with price increase Price expected to see a slight downtrend as the price after trading between midline and lower band got midline rejection. Most of the Oscillator indicators are neutral. MACD line moving above the signal line with histogram size increasing in the positive region, suggesting a bullish bias. RSI at 42, below the midline in the neutral region. CCI is around -24, in the neutral region with an upmove. Another interesting point to notice here is that volume saw a decrease in volume as price increased followed by increase in volume with price increase indicating a shift to buyers. ---------------------------------------------------------------------------------------- The analysis is based on signals from 28 technical indicators, out of which 17 are moving averages and remaining 11 are oscillators. These indicator values are calculated using 1 D candles. DM to get details of the above analysis and list of indicators & their values used to arrive at the above conclusion. Note: Above analysis would hold true if we do not encounter a sudden jump in trade volume . ---------------------------------------------------------------------------------------- If you find the analysis useful, please like and share our ideas with the community! - Mudrex
COINBASE:XTZUSDShort
by Mudrex
3
Tezo's extremely oversoldOn the XTZUSD chart, we are hitting this MAJOR trendline. I imagine this will hold as support and we will move higher from here. You can also see that RSI is extremely oversold which would also indicate a move off this $2 area. If we coincide this with the XTZBTC cross, we can see that RSI is also very oversold here and hitting this .618 fib line. this should also produce a bounce. Tezos's has now gone down almost 50% in just a month. It's definitely oversold. Look for bounces targetting this $3 area. Once we get there we can see if it's due for a much larger run up in the near term. Cheers, -Sherem
Long
by Sherem
3
XTZ/USDT | Trend Analysis | Key Levels | Oversold Bounce Todays Analysis – XTZ/USDT – finding support at a structural level with an oversold bounce. Points to consider: - Strong Downtrend - Bearish PA - Oscillators below 50 XTZ has found support after an impulse sell within this steep downtrend, further continuation into daily resistance is probable. However, price action is looking weak and bearish. Even with a relief rally, price will need to reclaim daily s/r and consolidate above the 21 EMA at the least to signify trend reversal. Failing to hold this support, price is likely to have further continuation into the $1.4 support level – a good place for long-term accumulation IMO. Oscillators are below 50, this indicates weakness in the market as we continue to tread into oversold conditions. Overall, in my opinion, further price development will indicate the direction of the next impulse. If you’ve read this far - thank you for following my work! And as always, Focus on you, and the money will too!
by CryptoInsider009
3