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Zil

Zilliqa daily chart analysisHey everyone, I wanted to share Zil technical analysis with you for a while, couldnt find a chance. it seems pretty bullish to me. We have been making two rounding bottoms, we also had a cup and handle formation, and we are currently at the bottom of an uptrend channel. Take profits are marked with red line on chart but Im writing them down again : Tp1 : 0.13659 Tp2 : 0.15557 Tp3 : 0.20670 Enjoy ! Comment your opinion bellow. Don't forget to Like and Follow me ;)
Long
by Algo_Analyst
5
Zilliqa Looking for a Bounce!Zilliqa has been slowly moving up along out uptrend support line but has felt BTC's sharp drop for sure, we are looking okay though we are approaching the 0.2 FIB level which intersects with the uptrend support level so we could be looking at a likely bounce zone, now keep in mind a lot rides on BTC and this could all be voided if BTC continues to drop. Now look at the bollinger bands we have fallen underneath the midline which is now resistance but if you notice how much the bands are squeezing this indicates volatility is shrinking and an explosive move is on the horizon, now the BB's don't indicate which way but if we do see this bounce we could have a good chance of rebounding to the upside and hopefully kicking off this explosive move in the right direction. Something very important that we must keep an eye on is that bottom band, we definitely don't want to move down further and risk grabbing onto here because then we would be in for a very steep move to the downside, historically grabbing this bottom band leads to a correction, could be big small or medium sized and then pair that with the squeezed bands.. it would not be a very enjoyable ride lol, but hey it could definitely provide a great buying opportunity worst comes to worst. Now the pivot bands, we have already wicked off the red pivot band once and now if we continue to do so in the coming days it is very likely this will lead to a jump up in price action, check out the far left of the chart we had many touches on the red band and what followed right after was a big rally to the upside, same thing moving more recently, i have marked wick touches with white circles and you can see that when we have less touches we have a smaller move in the opposite direction. SO all it really takes is 2-3-4 wicks onto one of these pivot bands until we could see a move in the opposite direction. Now the Wavetrend, we are coming down fairly rapidly but what caught my eye is that we have obvious uptrend support just underneath our current spot leading me to think this also plays into us having this potential bounce, we want to see the wavetrend start to slowly curl to the upside and remain that way before we can confirm anything, we also do have support coming from the midline so that is another area where we could see this play out! Not financial advice just my opinion!
BINANCE:ZILUSDLong
by JacobR905
ZIL - Future Projection SeriesIf you’ve read any of my previous “Future Projection” posts, skip down to the conclusion as these paragraphs are the same. During the downturns in the market I spent time learning more about utilizing the charting functions in TradingView. I also watch a lot of youtube vids about crypto and charting concepts. I came across a good chunk of info on using the “log” function and what it could possible show me. At this point in the crypto cycle, even though I feel we are nearing a parabolic stage, it is beyond the point to expect 50X or more from me or any basic Joe who “dabbles” in crypto investing. Think long term. What can I realistically (if that even exists in Crypto) expect a coin to perform in the next bull run. Well the log function gives me a level playing field to do just that. Using the log function, I utilize a common start date as the beginning of my parallel channel. That date is the big drop Mar/20. The parallel channel runs from the bottom of the Mar/20 drop forward in time along the bottom dips. The top of the channel is the highpoint in the cycle. The first future projection is created using the green trend lines, the first from the top of the cycle peak to the bottom, and another from that lowest point up forward in time to what I estimate as the timeframe for top cycle which approximates end of Q4, and my birthday Jan/7 so thats the future date for all graphs in this series. The second future projection takes ratio’d growth into consideration. This is done using the blue trend line which starts at the first peak after the Mar/20 drop, using the top of arcs as the guidance. I carry this line forward to Jan/7. Conclusion; At the time I drew this one the price was $.10 First Projection $1.21 208 / .10 = 12.1 X Second Projection $5.92 493 / .10 = 59 X Now for a regular old fellow such as myself, a 12 to maybe 59 X on my money within the next few months is a good investment. It literally involves 2 trades. Timing is not a great big deal as long as you get in near .10 otherwise the X factors changes a lot. Timing to get out is the top of the curve. This is a day time factor. It’ll be “at the top” for days or a week. You’re not chasing a pump or a knife here, its a month(s) trade. Or a parabolic week so watch close. I’ve done this for a lot of coins now and the results are sometimes very interesting in that, a popular coin just doesn’t have the numbers or that it really has good numbers. I found as an average I like results in the 5 or above range for the first projection and 15 or above for the second projection. If I utilize this investment concept and choose coins with similar numbers I can reasonably expect a 10-15 X overall. I’ll post a few others I find interesting for this bull run in the coming posts. My thoughts, not advice Oklah. Cheers
by wildboar8
4
ZILZIL has formed an interesting setup with the recent bounce back from its consolidation area. By some rare coincidence, the consolidation area and the last MMR band seemed to be on the same price mark. This shows the bull and the bears had a tough fight around this price range, and the bears gave in and couldn't break that band anymore. Good consolidation shows a lot of accumulation also took place in that price range. I am expecting ZIL to attempt a move towards 0.11300 next, followed by 0.12130 resistance. If the price area holds, we may see it try to move towards 0.13400 to flash out the order blocks from its September crash, followed by 0.17800 of May's crash.
by Clara_trader
3
ZilliqaZil is continuing to perform well this year. With a new hire, former Brave chief scientist Ben Livshits as CEO. We can expect from Zilliqa that it can go much further, a good asset even as a holding company. After this correction we went into a climax. And we start to build up doing an inverted shoulder-head-shoulder pattern, which signals that the bulls are still in the game. In relation to other altcoins we are late as they have already corrected and continues to rise. Zilliqa is a bit behind but is in a very strong pattern of accumulation, when it breaks the NL it will fly. Her target is $1!
Long
by DuhNT