Zilliqa (ZIL)🔢 ZIL Analysis
🔹 Overall Status: The ZIL coin, after experiencing a downtrend within a descending channel, has now reached the channel's upper boundary. The PRZ zone (green zone), weekly resistance, and the upper boundary of the descending channel have acted as strong resistance, halting further upward movement. Currently, the coin is moving downward.
🔹 Support and Resistance Analysis:
1️⃣ Support Levels:
Initial Support: Fibonacci level 0.382, which could prevent further price decline.
Additional Supports: If the 0.382 level is broken, Fibonacci levels 0.5 and 0.618 will serve as subsequent support zones.
2️⃣ Resistance Zone:
PRZ Zone: Strong trading volume in this area indicates the potential for breaking this resistance.
🔹 Price Movement Predictions:
Bullish Scenario (if PRZ is broken):
The price could move toward the blue zones, overlapping with Fibonacci levels 1.618, 2.618, and 3.618.
High trading volume in this scenario would reinforce the validity of the movement.
Bearish Scenario (if the correction continues):
The upward wave that started from the bottom of the descending channel has now reached the 0.382 Fibonacci level.
If this level fails to hold, the price correction may extend to the 0.5 and 0.618 Fibonacci support levels.
🔹 RSI and Entry Signals:
Monitoring RSI behavior on daily and weekly timeframes is essential.
RSI entering the Overbuy zone could serve as a positive signal for further upward movement.
The midline of the ascending RSI channel may act as significant support.
✅ Conclusion and Recommendations:
1️⃣ Key Support and Resistance Levels:
Supports: Fibonacci levels 0.382, 0.5, and 0.618.
Resistance: PRZ zone and blue zones (Fibonacci targets).
2️⃣ Entry Strategies:
Enter incrementally after a correction and near key support levels.
Consider entry after breaking the PRZ zone and confirming price stability above it.
3️⃣ Risk Management:
Monitor trading volume near support and resistance levels to confirm price movements.
Track RSI behavior to gauge the strength of the trend.
💡 Don’t forget to manage your capital wisely and pay close attention to price action near critical levels.
Zil
#ZIL/USDT#ZIL
We have a descending channel pattern on the 12-hour frame, the price is moving inside it and adhering to its borders well.
We have a support area in green at a price of 0.02100 after the price touched it and rebounded from it.
We have a trend to stabilize above the moving average of 100.
We have an upward trend on the RSI indicator that supports the price upwards.
Entry price 0.0230.
First target 0.02780.
Second target 0.02963
Third target 0.03200
#ZIL (SPOT) entry range(0.01320- 0.01620) T.(0.0310) SL(0.01213)BINANCE:ZILUSDT
entry range (0.01320- 0.01620)
Target1 (0.02420) - Target2 (0.03100)
1 Extra Targets(optional) in chart, if you like to continue in the trade with making stoploss very high.
SL .1D close below (0.01213)
*** collect the coin slowly in the entry range ***
*** No FOMO - No Rush , it is a long journey ***
**** #Manta ,#OMNI, #DYM, #AI, #IO, #XAI , #ACE #NFP #RAD #WLD #ORDI #BLUR #SUI #Voxel #AEVO #VITE #APE #RDNT #FLUX #NMR #VANRY #TRB #HBAR #DGB #XEC #ERN #ALT #IO #ACA #HIVE #ASTR #ARDR #PIXEL #LTO #AERGO #SCRT #ATA #HOOK #FLOW #KSM #HFT #MINA #DATA #SC #JOE #RDNT #IQ #CFX #BICO #CTSI #KMD #FXS #DEGO #FORTH # AST #PORTAL #CYBER #CLV #RIF
ENJ #ZIL ****
ZIL (Zilliqa) Extreme Bullish, Huge move soon🚀 Monster upward move by ZIL!🚀
On Fib Retracement ZIL is halfway until reaching the key level of 23.60% ($0.069) by breaking above the resistance line.
The pattern of the support and the resistance lines suggests that ZIL may make moon moves and test its peak at $0.259!
Key levels to break out during the run:
0.036 0.052 0.067 0.131
There are new updates, bridges, sponsorships and marketing incoming in the next two months!
🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀
#ZIL Gears Up for a Bullish Breakout: Key Levels to Watch!The digital currency ZIL is poised to initiate an upward trend soon. Based on the weekly chart, the price is expected to first reach the range of $0.035 to $0.044 and test its long-term descending trendline. Typically, I do not anticipate a breakout of the trendline on the first attempt; therefore, after ascending to the aforementioned levels, a price correction toward the $0.025 area is likely. Following the necessary consolidation period, sharp bullish movements can be anticipated.
This is merely a personal perspective and should not be construed as a recommendation for trading positions.
Please remember to show your support.
I will respond to comments.
ZILUSDT: Massive Breakout Ahead or Bullish Trap? Yello Paradisers! Is ZILUSDT about to break out, or should we prepare for a retracement? 🚨 Let's dive into the latest technical setup that could potentially set the stage for a big move.
💎ZILUSDT has approached its resistance trendline, showing a bullish CHoCH (Change of Character) while forming an inverse head-and-shoulders pattern with a bullish divergence. These signals combined significantly increase the probability of a bullish continuation.
💎If ZILUSDT breaks out and closes candle above the resistance zone, this will validate the inverse head-and-shoulders pattern and confirm a higher probability of a bullish move.
💎On the flip side, in case of a retracement, we can expect a bounce from the support zone. To strengthen the odds in our favor, we will need to see a bullish I-CHoCH on the lower timeframes before considering an entry.
💎However, if ZILUSDT breaks down and closes candle below the support zone, this will invalidate the bullish outlook entirely. In that scenario, it’s wiser to wait for better price action to form before making any further moves.
🎖As always, patience is key. Stay disciplined and stick to your strategy, and remember – we only act when the market confirms our setup. Keep it smart, Paradisers!
MyCryptoParadise
iFeel the success🌴
#ZIL/USDT#ZIL
The price is moving within a descending channel pattern on the 1-hour frame and is expected to rise after it has been largely committed to it
We have a downtrend on the RSI indicator that is expected to break upwards and we have a trend to stabilize above it
We have a major support level in green at a price of 0.01580
We have a trend to stabilize above the moving average 100
Entry price 0.01600
First target 0.01650
Second target 0.01690
Third target 0.01770
New Support Levels and Target Prices
Recently, there have been news of new partnerships and investments in the long-standing project Zilliqa, leading to noticeable new and positive movements in this cryptocurrency. Zilliqa, after losing the 0.015 level and forming a new bottom, has faced support. Given that the market is continuously forming new bottoms, there is a possibility that any bullish analysis on altcoins may become invalid.
▶️ Entry Point: 0.017
⏸ Stop Loss: 0.015
1️⃣ First Target: 0.024
2️⃣ Second Target: 0.030
Considering that the market is continuously forming new bottoms, there is a possibility that any bullish analysis on altcoins may become invalid.
ZIL - Can it go any lower? or 1300% Profit ?#ZIL/USDT #Analysis
Description
---------------------------------------------------------------
+ The price is currently testing its support levels, this support held strong in the past.
+ If the support holds, a rebound is likely and which will lead to continuous bullish trend in the bull run
+ However, if the support fails, there's a possibility of further downside.
---------------------------------------------------------------
VectorAlgo Trade Details
------------------------------
Entry Price: 0.01484 - 0.01649
Stop Loss: 0.01230
------------------------------
Target 1: 0.01918
Target 2: 0.03151
Target 3: 0.04725
Target 4: 0.08345
Target 5: 0.11185
Target 6: 0.15093
Target 7: 0.23499
------------------------------
Timeframe: 1W
Capital Risk: 1-2% of trading amount
Leverage: 5-10x
---------------------------------------------------------------
Enhance, Trade, Grow
---------------------------------------------------------------
Feel free to share your thoughts and insights.
Don't forget to like and follow us for more trading ideas and discussions.
Best Regards,
VectorAlgo
ZIL/USDT Gaining Momentum For an Exponential Bullish Rally💎#ZILUSDT is currently in a key accumulation phase, demonstrating notable resilience. Every time it touched down in the demand zone between $0.0211 and $0.0196, it rebounded strongly. This pattern indicates a robust setup for continued upward movement as it gears up to challenge the upper resistance.
💎If #ZIL breaks through the resistance at $0.027, this could ignite a bullish momentum, potentially propelling the asset towards a significantly higher target in the supply zone around $0.0373. Surpassing this supply zone is crucial for confirming a bullish trend in the mid-term, setting the stage for reaching our ambitious resistance target.
💎Conversely, if #ZIL encounters resistance and the daily candle closes below the pivotal support, it could invalidate the bullish setup, suggesting potential for further declines and deeper price corrections.
💎Stay vigilant and ready to adapt, Paradisers. Your ParadiseTeam is closely monitoring these developments and is poised to guide you through the evolving dynamics of the #Zilliqa market.
MyCryptoParadise
iFeel the success
ZIL looks bullishIt seems to be at the end of a triangle.
If it reaches the green range, we can look for buy/long positions.
The targets are clear on the chart.
Closing a daily candle below the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
ZILIQA hello dear trader and investors
i think zil ready for next move
there are many bulish pattern :
01/ price reacted on fibou 0.78
02/ there are harmonik patter ... AB=CD ( on the target number 1 )
03/ bulish RTM institional pattern (flag B)
and fundamental reason why i am bulish on ziliqa:
ZIL, the native token of the high-through, low-cost Zilliqa blockchain, is now listed on Bit2Me, one of the leading centralised exchanges in Europe and Latin America.
Bit2Me is a fully regulated exchange which is licensed by the Spanish Central Bank to be the country’s first crypto services provider and has received funding from BBVA Spark, the full financial services proposition created by BBVA, one of the biggest banks in Spain. The exchange has also been backed by Telefónica to enable digital asset payments for the telecommunications company’s customers.
This listing means that the more than 1 million users of the Bit2Me digital asset trading platform are now able to seamlessly purchase and trade ZIL on its integrated exchange, a significant step towards expanding the blockchain’s exposure and presence in these two regions.
Users on Bit2Me will be able to buy and sell ZIL directly from the Bit2Me Wallet, and they will be able to make purchases with ZIL using the Bit2Me Mastercard, bringing more utility to Zilliqa’s native token.
Bit2Me serves more 150,000 unique monthly users across more than 100 countries and it has seen a massive 140% growth in active wallets over the year to date, now reaching a total of 456,000.
Zilliqa joins more than 280 assets already listed on the Bit2Me platform, broadening the reach of the evolving network in line with its renewed drive towards interoperability. This vision is exemplified through Zilliqa’s implementation of Ethereum Virtual Machine (EVM) compatibility and the ongoing development of its efficient and scalable network.
Through expanding its reach through partnership with mainstream exchanges such as Bit2Me and offering a low-cost, high-throughput network that is easy to build on, Zilliqa is poised for accelerating adoption as its nascent DeFi ecosystem quickly grows.
ZIL’s listing on Bit2Me doesn’t just expand the blockchain’s exposure in Spain and Europe, but also in emerging markets in Latin America, where Bit2Me has a significant presence and there are exciting opportunities for boosting liquidity and network adoption.
Zilliqa has already established a presence in Spain through its longstanding partnership with global esports organisation MAD Lions and the pioneering Skill2Earn-based shooter Web3War, which is developed by Zilliqa Group venture Roll1ng Thund3rz and has seen massive adoption in Latin America.
The listing of ZIL on Bit2Me builds on the success of these initiatives through enhancing accessibility and providing further avenues for adoption of the Zilliqa network.
Zilliqa CEO Matt Dyer highlighted the exciting opportunities unlocked through the listing of the ZIL token on Bit2Me.
“Together with Bit2Me's robust regulatory compliance and broad user base, the listing of ZIL brings tangible benefits to both seasoned traders and newcomers alike. Spain and Latin America have become hotbeds of growth within the Zilliqa ecosystem, and through this listing we are delighted to be delivering better access for our community in these regions.”
“With Zilliqa's EVM compatibility already delivering exciting applications for its DeFi ecosystem and the major usability improvements coming with Zilliqa 2.0, we are excited to soon unlock unprecedented opportunities for millions of traders and users,” Dyer said.
Bit2Me Director of Listings Cosmin Staicu added that the exchange was pleased to now offer direct ZIL trading to its customers.
“We're thrilled to welcome ZIL to the diverse array of assets listed on Bit2Me. Zilliqa's listing is aligned with our commitment to offer our users access to innovative and promising blockchain projects.”
📈Zilliqa (ZIL) Analysis: Short Opportunity in 4-Hour Timeframe⚡🗓Today, we're examining Zilliqa (ZIL), which presents a favorable trading setup in the 4-hour timeframe.
🔍Upon retracing the recent uptrend in the daily timeframe, a Fibonacci corrective analysis shows a rebound from the 0.382 level. However, it failed to breach higher levels, indicating waning buying pressure. Hence, a break below 0.03232 could signal diminishing buyer strength, potentially leading to further decline, making it a compelling trigger for short positions.
💥RSI oscillator found support at 27.06, coinciding with the support at 0.03232. A breach of this support level, if synchronized, would corroborate bearish sentiment, providing additional confirmation for potential downside movement.
📊Candle volume is currently range-bound after hitting support, offering limited insight. Observing which side (bulls or bears) commands greater volume will be crucial. However, volume alone isn't conclusive; other indicators should be considered.
⭐️The SMA7 indicator has approached the candles, potentially exerting downward pressure. Should the market enter a correction or consolidation phase, awaiting confirmation from SMA25 would be prudent.
📉For short positions, targeting the 0.618 Fibonacci level, coinciding with support at 0.02902, could be a viable strategy, considering it aligns with significant Fibonacci and support levels.
📝In summary, ZIL presents a potential short opportunity, contingent upon key support levels and confirmation from various technical indicators.
🧠💼It's important to acknowledge the inherent risks in futures trading, with the potential for margin calls if risk management is neglected. Always adhere to strict capital management principles and utilize stop-loss orders, ensuring that the initial target offers a risk-to-reward ratio of 2
Are you holding ZIL since 2022? Here comes the rescue team 🚀Hi, this is 1PERCENT.
Unlike other altcoins, Zilliqa (ZIL) experienced another significant bull market in 2022. However, after surging by 450% in just two weeks, ZIL began to decline by over 60% in a month.
Ultimately, ZIL ended up at -93% from its peak, leaving many still holding onto their positions.
The good news is that it appears that a rescue team is coming to save you.
ZIL is breaking through the accumulation zone of about two years.
Of course, the weekly candle needs to close above the resistance line and hold it, but it looks very positive now.
Recently, I have been continuously sharing some insights regarding market sentiment and asset cycles.
Simple.
Retail investors do not change and keep repeating the same mistakes.
Therefore, making money is easy.
Avoid FOMO and overcome FEAR.
Also, since the cryptocurrency market often experiences corrections of 50-75% even during 10x, 100x; I'd recommend not to use excessive leverage
Good luck.
1PERCENT
Zilliqa 🚀 by RBHello! 😘Today let's take a look at the Zilliqa coin! There's still a chance to buy it "on the down low"! The chart looks quite promising!
The price has broken a multi-year downtrend and is confidently moving upwards! Currently, Zilliqa is experiencing a pullback, so it's a good time to buy a little!
What is ZIL coin?
Zilliqa is a cryptocurrency aimed at using sharding to solve scalability issues faced by many blockchains. Sharding is the process of dividing the mining network into smaller parts or shards that process transactions in parallel.
Remember, it's crucial not to buy coins that are already overbought! There's a significant risk of losing money! Be cautious and remember the age-old wisdom of the market: buy on rumors, sell on news!
Stay safe!🫶
Thanks for Your attention.
Always sincerely yours,
Kateryna💙💛
ZIL/USDT TP target achieved 26/03/24ZIL/ USDT finally arrived to the TP level.
It took around 6 days to finalise BUY order with Enter point @0.013197 & TP @ 0.03776.
All analysis was based purely on the technical analysis only.
After collection of nice profits ZIL/USDT returning back to the watch list until further notification.
ZIL/USDT Gearing up for a Bullish Rally? 👀🚀ZIL Analysis💎Paradisers, focus your attention on #ZILUSDT, nestled in a demand zone, primed for an impressive bullish breakout.
💎Currently, #Zilliqa is climbing, showcasing a bullish pattern around the support level of $0.032. It's been following a descending channel pattern, with a noteworthy adherence to the channel's support twice. Holding steady at this critical point could usher in a robust bullish push toward the target supply zone at $0.04927.
💎However, if #ZIL struggles to maintain its bullish position at the $0.032 support, it might be time to reassess our strategy. This situation could lead us to anticipate a bullish rebound from a slightly lower demand zone at $0.027.
💎Staying alert to these market dynamics is crucial, as falling beneath this threshold might require a strategic adjustment, especially amid challenges to keep the bullish momentum alive in the #ZIL market.
ZIL/USDT Eyeing a Bullish Shift from Support ? 👀🚀Zil Analysis💎 Paradisers, focus your attention on #ZILUSDT, as it's currently exhibiting early indications of a bullish turnaround from its lower support zone.
💎 Amidst the latest market swings and tightening of prices, #Zilliqa has seen a decline, now teetering below a crucial support level, which enhances the likelihood of a bullish reversal from the lower support at $0.01719. Should #Zil manage to stay above this critical juncture, it could well embark on a bullish journey, aiming for the significant resistance at $0.03636.
💎 The dynamic and volatile crypto environment necessitates a versatile and prompt response in our trading strategy. If #ZIL finds it challenging to hold its position, brace for a potential decline.
ZIL will turn into a rocketOne of the remaining symbols of the well-founded market is ZIL.
It has completed a double correction. This double correction has been an expansion triangle + X + contraction triangle which has ended.
The best range for Buy is the green range. But it may not pullback on this range again. In this case, you should buy in steps from the current price to the green range and hold until the target.
The targets are marked on the chart.
Closing 1 daily candle below the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You