Zil
I'm back! Apologies, everyone. (JASMY, LRC, ZIL, IOST)As the title suggests, this is just a bit of a wave hello after being gone.
I cannot post any more links within my charts, it seems.
I'm still getting used to the TradingView 🏠 rules. Up until about 2 weeks ago, I'd never shared anything to TradingView in all my years using the platform.
I'm a bit old(er).
However, I am back and will only be promoting anything within my signature. Thanks!
ZIL/USDT - Cup and Handle on the hourlyIs a Cup and Handle Pattern Bullish?
As a general rule, cup and handle patterns are bullish price formations. The founder of the term, William O’Neil, identified four primary stages of this technical trading pattern. First, approximately one to three months before the “cup” pattern begins, a security will reach a new high in an uptrend. Second, the security will retrace, dropping no more than 50% of the previous high creating a rounding bottom. Third, the security will rebound to its previous high, but subsequently decline, forming the “handle” part of the formation. Finally, the security breaks out again, surpassing its highs that are equal to the depth of the cup’s low point.
Source: www.investopedia.com
Zilliqa ($ZIL) DTF New FIB$ZIL DTF with a power move UP with aggressive sellers trading the top. Should be zero selling pressure since Metapolis hasn't been officially released yet but alas, we have short sighted people giving away their $ZIL. We can expect another BULL move up as oscillators are looking super strong
ZIL/BTC - Parallel Channels in the UptrendZIL/BTC pair looks like its testing the bottom of the range. I am going to make an entry here to add to my long term position. I believe that we will test 500 satoshis soon. Please view my previous ideas on the ZIL/BTC pair here:
Zilliqa / BTC levels I am watching:
500 Satoshis ($0.22)
560 Satoshis ($0.25)
660 Satoshis ($0.30)
825 Satoshis ($0.39)
1085 Satoshis ($0.49)
1508 Satoshis ($0.69)
2500 Satoshis ($1.14)
Tomorrow will be the Metapolis Miami event and a few days after that will the Bitcoin 2020 Conference. I believe both of these events are going to be positive price catalysts.
Good luck, DYOR, NFA, Practice discipline, set tight stop losses and always have a plan with specific entry and exit points before you enter a trade, and stick to your original plan.
Zilliqa (ZIL) predictions, 0.20 supportZilliqa is remaining right around the T0.20 mark which is going to be a solid foundation that I feel, ZIL will build off of in the coming days.
If by chance we do NOT stay with T0.20 and she ends up leaving us low and slow-- we'll fall back to the pivot (as noted in the red arrow)
♠️🤫🐿