website utilities


Follow us:
+1 64 64 8000 31 (New York, USA)
You are not logged in, you need subscription to view up-to-date forecasts, please Login if you have already subscribed, otherwise please Subscribe
You can still continue browsing delayed forecasts on the sidebar list.
Weekly forecast Tezos technical chart
Symbol XTZUSD

Trading suggestion:

There is possibility of temporary retracement to suggested Trend Hunter Buy Zone (1.300 to 1.195). We wait during the retracement, until the price tests the zone, whether approaching, touching or entering the zone.

We would set buy orders based on Daily-Trading-Opportunities and expect to reach short-term targets.

  • Beginning of entry zone (1.300)
  • Ending of entry zone (1.195)

DateOctober 30, 2022 - 17:27
Currentrange bound
Forecastbeginning of uptrend

Midterm forecast:

  • While the price is above the support 1.195, beginning of uptrend is expected.
  • We make sure when the resistance at 2.370 breaks.
  • If the support at 1.195 is broken, the short-term forecast -beginning of uptrend- will be invalid.

Technical analysis:

  • There is a divergence in RSI and price between the trough at 1.418 on 2022-08-29 and the trough at 1.259 on 2022-10-13, the probability of downtrend continuation is decreased and the probability of beginning of uptrend is increased.
  • While the RSI downtrend #1 is not broken, bearish wave in price would continue.
  • A trough is formed in daily chart at 1.290 on 10/21/2022, so more gains to resistance(s) 1.520, 1.755, 2.040 and maximum to Major Resistance (2.370) is expected.
  • Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
  • Relative strength index (RSI) is 54.

Take Profits:

  1. 1.520
  2. 1.755
  3. 2.040
  4. 2.370
  5. 3.299
  6. 4.135
  7. 5.365
  8. 7.301
  9. 9.160
Click on the level to view price action history.

Symbol Released Current Forecast
Tezos (XTZUSD) free Fri, 22 Mar 2024
Tezos (XTZUSD) free Sun, 10 Mar 2024
Tezos (XTZUSD) free Mon, 4 Mar 2024
Tezos (XTZUSD) Sun, 25 Feb 2024
Tezos (XTZUSD) Tue, 20 Feb 2024