Tezos (XTZ/USD/BTC) - Daily T.A w/ Rocky Outcrop - May 4th - Technical Analysis & Price Predictions
Join me on LBRY too. I consider YouTube to be way way out in front as number one but just so you know there are other places my videos are shared to also so check it out!
https://lbry.tv/$/invite/@RockyOutcrop:9
? $25/$50 deposit bonus for 0.1/0.2 Btc - Unique bonus for Rocky Outcrop better than any other YT channel currently offers. Which is nice. This is in addition to the $90 bucks they give so total value of rewards is potentially $150! No one else doing that just now.
???
Bybit affiliate link:
https://www.bybit.com/en?affiliate_id=7936&group_id=0&group_type=1Join the discord:
https://discord.gg/WVffBcBKeeping our eyes out for if this is a reversal, just a higher low as part of an uptrend or even if a bigger picture Cup with Handle forms on the charts.
Thanks! Just checking in with our pal Tezos, has it done what it needs to do for now and can rest a little and set in a higher low or are we going to keep on trekking and try to break out of the channel? Differences to be seen on the BTC and USD charts but on both facing down a little bearish divergence. Just a warning sign, but of a higher low or of something stronger?
Watch this video next:
https://youtu.be/M3bOE3QDnRQ Tradespotting's Risk Management Intro.
A ketchup with Tezos, Technical Analysauce with Rocky Outcrop. We most certainly got a good set of targets from our Fib Retracement - Now what? Upside and Downside targets.
Check out this Tradespotting video about Crypto Trading v Gambling -
https://www.youtube.com/watch?v=CJiMaovB97YCheck out the Corona Virus video I recommend here:
https://youtu.be/EUtghX7sAKMLooking at the price action since the launch of this coin we can form good opinions about critical price levels. All of these are explained in detail using moving averages, oscillators such as the RSI, Stochs and MACD to explain the current trend on the Tezos price.
Exponential Moving Averages:
Yellow Solid Line = 21
Green Solid Line = 55
Cyan Solid Line = 144
Purple Solid Line = 233
Simple Moving Averages:
Red Dotted Line = 55,
White Dotted Line = 233
Oscillators:
RSI + Ema,
Stochastics
MACD
All from Rocky Outcrop, your friendly T.A - not financial advice, not a financial adviser.
In this quick five minute run down we look at where the price needs to be to find support by the larger long term fib retrace and compare that to the short term invalid one over HitBTC and Coinbase.
I am not a financial adviser none of this is Financial Advice.
Of course this is all speculative and mostly we are concerned in the Rocky Outcrop community with managing risk, people don't go bust taking profits! Keep it simple, never risk anything you can't afford.
I will have to update the video intro overlay where I spell financial adviser incorrectly, so far no one has not
...
https://www.youtube.com/watch?v=okKzdzM95ms