Zilliqa ($ZIL) FIBZilliqa ($ZIL) FIB: Potentially playing out the perfect cup & handle. FAs 100% solid. There is no reason why $ZIL can't touch $1 in the near term. $ZIL was slow out the gates but will probably be the strongest finisher. Coins are not meant to go parabolic. $ZIL is proof that the best is yet to come
Zil
ZIL/USDT potential +140% setupHello Traders!
ZIL price is in an active trading range of $0.058 - $0.084
The correction has opened up opportunities for a medium-term trade with an excellent risk-to-profit ratio.
We can observe purchases in the range of $0.058 - $0.075
Stop-loss shall be placed under the level of $0.044
Targets would be price levels:
$0,090
$0,112
$0,126
$0,146
$0,159
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
ZIL Zilliqa Price TargetZIL Zilliqa Bullish Divergence Chart Pattern!
This is a buy signal.
Price target 0.095usd.
Looking forward to read your opinion about it.
ZIL ready to PUMPBINANCE:ZILUSDT
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Thank you.
Possible Targets
➡️We are bounced from fundamental price - bullish
➡️ RSI - tested on D1 few times bottom - bullish
➡️Last time when we was in cold blue mood on market and RSI bottom we make a 155% pump.
➡️ From current price 155% pump will be exactly 0.5 level by FIB
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Huge Cup and Handle Pattern on ZilliqaZIL just formed a huge cup and handle pattern on the weekly chart. This pattern only will be confirmed if the price closes a weekly candle above ATH at 0.2355. At first it has to break out from the current descending channel which is the handle of the main cup and handle pattern. The pattern projection is $25! the first targets for the bullish scenario are $1, $4.2 and $6.5. In the bearish scenario supports are 0.029 and 0.014.
ZILUSDT Technical Analysis💎 ZILUSDT has got rejected by the support. It has also has been making HHs and HLs. The price is at a significant support zone. When you see a Bullish setup, you can go long. The price will go to the next major resistance.
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🎳 Entry/Pullback now or from 0.06583 - 0.06300
☕️ TP1 0.07114
🍺 TP2 0.07670
🍻 TP3 0.08500
🍾 TP4
🍷 TP5
🍸 TP6
🍹 TP7
🎁 TP8
🚫 SL 0.06258 - 0.05950
Good Luck 🎲
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ZILUSDT Technical Analysis💎 ZILUSDT has been making HHs and HLs and has got rejected from the support line. It has also formed a symmetrical triangle. After the breakout we expect the bullish move
🌐 Tradingview
💵 Invest Only 5% of your Portfolio
🎳 Entry/Pullback now or from 0.07231 - 0.06669
☕️ TP1 0.07904
🍺 TP2 0.08546
🍻 TP3 0.09299
🍾 TP4 0.10000
🍷 TP5
🍸 TP6
🍹 TP7
🎁 TP8
🚫 SL 0.06620 - 0.06151
Good Luck 🎲
Check the Links in Description and if you LIKE this analysis, please support our page and Ideas by hitting the LIKE 👍 button. ❤️ Your Support is really appreciated! ❤️
Traders, if you have your own opinion about it, please write your own in the comment box. We will be glad for this.
Feel free to request any pair/instrument analysis or ask any questions in the comment section below.
We will have more FREE forecasts in TradingView soon
Have a profitable day 😊👍🏻
ZILUSDTIf support stay strong and the market may leave the channel, I see ZIL can go up first to its next resistance zone.
If it will break the support, it may stay in the downtrend channel and could aim for the next support zone or even go lower.
No financial advice.
Corrections are welcome.
Have a nice day!
💡Don't miss the great buy opportunity in ZILUSD @zilliqaTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.08564).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. ZILUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 64.
Take Profits:
TP1= @ 0.09883
TP2= @ 0.10825
TP3= @ 0.11567
TP4= @ 0.12434
TP5= @ 0.13658
SL= Break below S2
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💡Don't miss the great buy opportunity in ZILUSD @zilliqaTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.08564).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. ZILUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 64.
Take Profits:
TP1= @ 0.09883
TP2= @ 0.10825
TP3= @ 0.11567
TP4= @ 0.12434
TP5= @ 0.13658
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
ZILUSD IdeaAn idea suggesting a big moonshot for ZIL
This is based on the previous move to ((2) in green)
A large ascending broadening wedge can be plotted if this bars pattern is placed this way
The placed pattern up is very very speculative, but it really does look bullish above this level
Always make your own assessment. Personal judgement on charts wins every time.
Zil 10x potential and my two centsHello Traders,
As you may or may not know, historically, during a bull run, the second half of the run is full of euphoria, fomo buying and for some poor souls, a forced long term investment scenario. I do firmly believe this will repeat itself this run as well albeit, this run.... there will be institutional fomo as well. As simple as it may sound, your #1 rule to investing should always and forever be " BUY LOW SELL HIGH" . Equally, it is important to understand the sentiment of the market as well when trading as one thing that should always ring true on your journey to profits is for you to make money, someone else has to lose money. That being said, keeping a cool head and gaging the market by checking the sentiment online, maybe create a poll in a group, just read through comments and look for people's excitement level to be abnormally high... or my favorite, is to check the BTC Fear and Greed index here via this link
alternative.me to utilize as just another tool on the path to building success being a trader. All in all you need to find what works for you and what you grasp the best while keeping a trading journal to keep track of trades to later grow upon. Idk about you but, I am extremely thankful, to have TradingView as a medium to assist in my success along the way as there is not much on this platform that they have missed for you to access. Anyway, I just wanted to give you all a nice trade along with some words of wisdom for this second half of the run in other words known as the "Super Cycle" that have helped me in prior runs and now, may hopefully help you too!
For this trade I have set up a few targets based on a few tools and technical patterns in which I have identified on this Zilliqa chart. The first being that if you zoom out to the weekly time frame here you will see that ZIL has been in a very bullish pattern starting from when this token was released... Almost as if it was in accumulation this whole time just gearing up for this specific run! Ironic right? It is almost like mass adoption is just around the corner... Do you smell it in the air? It smells nice doesn't it! Lol, I have added a few resistance levels for you guys to keep an eye on over the next few days to the next few weeks as well. The first two targets are based on the ascending triangle and a symmetrical triangle as shown in the chart. The third is based on the cup and handle formation of the accumulation since this coins ICO, the forth from the 1.5-1.618 fib area and last but not least we have the euphoria target which would get you a hefty 10x! Something us in crypto are pretty accustom to now lol. I do think that it is possible we could go up past this target as well creating even more gains for your portfollio... that we will have to see!
I hop you enjoyed this write up and if so, I would greatly appreciate you spreading the love by leaving a comment and a like to show me exactly that!
As always. I have gathered some information down below regarding the fundamentals of this coin and where you might be able to purchase it at.
Have a green week,
Savvy
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Fundamental Analysis
ZIL Price Live Data
The live Zilliqa price today is $0.113566 USD with a 24-hour trading volume of $128,967,717 USD. We update our ZIL to USD price in real-time. Zilliqa is up 2.21% in the last 24 hours. The current CoinMarketCap ranking is #87, with a live market cap of $1,356,994,609 USD. It has a circulating supply of 11,948,960,371 ZIL coins and a max. supply of 21,000,000,000 ZIL coins.
If you would like to know where to buy Zilliqa, the top exchanges for trading in Zilliqa are currently Binance, BKEX, Mandala Exchange, OKEx, and FTX. You can find others listed on our crypto exchanges page.
What Is Zilliqa (ZIL)?
Zilliqa is a public, permissionless blockchain that is designed to offer high throughput with the ability to complete thousands of transactions per second. It seeks to solve the issue of blockchain scalability and speed by employing sharding as a second-layer scaling solution. The platform is home to many decentralized applications, and as of October 2020, it also allows for staking and yield farming.
Development work officially started on Zilliqa in June 2017, and its testnet went live in March 2018. A little over a year later, in June 2019, the platform launched its mainnet.
The native utility token of Zilliqa, ZIL, is used to process transactions on the network and execute smart contracts.
Who Are the Founders of Zilliqa?
Zilliqa was first conceived by Prateek Saxena, an assistant professor at the National University of Singapore School of Computing. Saxena and several students in the School of Computing published a paper in 2016 that outlined how a sharding-focused blockchain could improve network efficiency and speed.
Around the same time, Saxena co-founded Anquan Capital alongside Max Kantelia, a lifelong finance and tech entrepreneur, and Juzar Motiwalla, former president of the Singapore Computer Society. The company incorporated Zilliqa Research in June 2017 to develop the Zilliqa network, bringing on Dong Xinshu as its CEO, Yaoqi Jia as its chief technology officer and Amrit Kumar as its chief scientific officer. All three previously worked as research fellows at the NUS School of Computing.
What Makes Zilliqa Unique?
Zilliqa claims to be the world's first public blockchain to rely entirely on a sharded network. This allows it to achieve high throughput and a high rate of transactions per second, which it says solves the scalability issue. Because each shard processes transactions individually, as the network grows and the number of shards increases, the number of transactions that can be processed per second also increases. As well, records are immediately added to the Zilliqa blockchain after being processed, meaning that no additional time for confirmation is required.
Zilliqa seeks to become the blockchain of choice for large-scale enterprise use, including among the advertising, gaming, entertainment and financial services and payments industries. In its 2018 position paper, its team states that the platform "aims to rival traditional centralized payment methods such as VISA and MasterCard."
Both Anquan Capital and Zilliqa Research, the company responsible for developing Zilliqa, hold significant reserves of ZIL.
As of 2021, the Zilliqa network is an active network that runs over millions of transactions each month. The blockchain has also been constantly scaling, going from averaging over 900 blocks produced a day when its main net launched to presently producing over 2500 blocks a day.
How Many Zilliqa (ZIL) Coins Are There in Circulation?
Zilliqa has a fixed maximum supply of 21 billion tokens. ZIL was first made available for sale as an ERC-20 token as a part of a token generation event that concluded in January 2018. The tokens were subsequently transferred to the Zilliqa mainnet in a token-swap event that concluded in February 2020.
Before launching, Zilliqa generated 60% of all tokens (12.6 billion ZIL) to be distributed at the token generation event, and the remaining 40% (8.4 billion ZIL) will be created through the mining process. Ten percent of all tokens (2.1 billion ZIL) were reserved for Anquan Capital, 12% (2.52 billion ZIL) for Zilliqa Research, and 5% for contemporary and future Zilliqa team members — all of which were announced to be distributed quarterly over a three-year period.
Zilliqa is designed such that all tokens will be mined within 10 years, with the block mining reward slowly decreasing. According to its whitepaper, the project aims to have 80% of the tokens (16.8 billion ZIL) mined within the first four years and 20% (4.2 billion ZIL) in the remaining six years.
How Is the Zilliqa Network Secured?
The Zilliqa network is secured through a practical Byzantine Fault Tolerance, or pBFT, consensus protocol, meaning that at least two-thirds of all nodes must agree that a record is accurate in order for it to be added to the blockchain. Each Zilliqa blockchain shard relies on a group of nodes to confirm a subsection of all the transactions, and once each shard has reached a consensus, a second group of nodes confirms the shards' collective results and adds a new block to the blockchain.
The network uses elliptic-curve cryptography to secure its consensus protocol and allows for multisignatures. In addition to the pBFT consensus protocol that secures its transaction records, Zilliqa also uses a proof-of-work algorithm to assign node identities and generate shards.
Zilliqa developed a new language, Scilla, for its smart contracts. Short for Smart Contract Intermediate-Level Language, Scilla is a safety-focused language intended to automatically identify and eliminate security vulnerabilities at the language-level and make it easier to formally verify the safety of smart contracts through mathematical proofs.
Where Can You Buy Zilliqa (ZIL)?
Zilliqa's native token, ZIL, is listed on several major cryptocurrency exchanges — including Binance, Huobi, Bitfinex and Bithumb — where it is available to be traded against fiat currencies, stablecoins and other cryptocurrencies.
Short term long idea before red moonI think $zil might get a short leg up that could break its big triangle on the daily/weekly chart before retesting and taking off again for longer term as well. Seems to have a divergence on RSI and the 20 MA seems to want to come back up to cross the 50 MA and it is approaching the end of the triangle so it is a coin to watch!