Zil
ZIL/USDT- You saw it here first!An update to the chart that was released on the 30Th of December showing how Zilliqa had entered its next stage in accumulation. Thirty days and what seems like a rollercoaster after, turns out that the chart is just playing out the way its supposed to. Lot of new hands bought at the previous local top and have now been forced out of their position. Black swan to invalidate ongoing bull market? only time will tell!
ZILUSDT (ZILLIQA) - POSSIBLE PRICE ACTIONSANALYSIS 🔎
- ZILUSDT is consolidating in a symmetrical triangle pattern .
- A relatively big move is imminent.
- There's a breakout potential.
POSSIBLE PRICE ACTIONS
- Uptrend ⬆️: breakout above the symmetrical triangle's inclined resistance.
- Downtrend ⬇️: breakdown below the symmetrical triangle's inclined support.
TARGETS 🎯
- Uptrend ⬆️: Horizontal resistance levels (R1, R2).
- Downtrend ⬇️: Horizontal support levels (S1, S2)
VET / ZIL ; will she follow? (same as ADA)Same as the ADA / ZIL basic-follow-fractal.
VET IMO has quite a scammy background. I don't fundamentally like how/where the platform is actually in use. That said its one of, if not the biggest player in SUPPLY CHAIN application. An important factor no doubt.
This token has a lot of die hard bag holders and had some of the best momentum in 2017. The pump bots will go hard on this one at some point.
VET is a way to hopefully increase my ADA/ETH positions.
ZILBTC has confirmed a big breakoutBull flag and down channel:
On daily time frame chart, the price action of Zilliqa has formed a bull flag. This flag is in fact a down channel. Within this channel the price action has broken down the daily EMA 10 and 21 but having bounce from the support of channel. The volume is also decreased.
SMAs on daily chart.
On daily chart, the price action of Zil has broken down the 25 SMA and having good support of 50 simple moving average. The 50 SMA is at the same level where we have the support of the down channel.
EMAs on weekly chart.
On the weekly time period chart, the price action is testing exponential moving average 10 as a support.
Break out the down channel:
Now if we switch to the Zilliqa with Bitcoin pair, then on long-term weekly chart, it can be seen that the price action has broken out the down channel and after re-testing now the price action is likely to move up. It is quite good confirmation of a firm break out.
Conclusion:
On daily chart, the price action is behaving like a bull flag and in Bitcoin market it has broken out the big channel on long-term. Therefore it can be possible that now the priceline of Zilliqa will start a major move to the upside from here.
ZILUSDT- A Breakout Is Imminentsimple yet powerfull analysis for ZILLIQA / TETHERUS or all other pairs
trade at your own risk
Monthly Levels, ZIL_USDT
Buy at/above 0.08410 0.1406
Target 1 0.2499
Target 2 0.3904
Target 3 0.5622
Target 4 0.7652
Target 5 0.9995
Resistance 1
0.25
Resistance 2
0.39
Resistance 3
0.77
Resistance 4
1.00
Resistance 5
ZILLIQA / TETHERUS