Long on ZIL, break out imminentWe are currently forming a descending triangle... however with the current bull market situation I believe a break out is imminent. A break to these recent highs would give us a quick 40% gain, however the fundamentals and low market cap of this coin make me believe we could see much higher. I am waiting for a break and retest into the highlighted area.
Zil
ZILBTC a mega bullish Shark move Upto 1289% expectedHi friends hope you are well, and welcome to the new update on Zilliqa coin.
On the long-term monthly time period chart, the price action of the ZIL has completed last leg of bullish Shark pattern and entered in potential reversal zone. 1st the priceline found a support at 0.00000050 btc and then found another support at: 0.000001150 btc. Simple moving average 7 is forming bull cross with SMA 25.
Buying and sell ranges:
The buying zone starts form 0.886 to 1.13 Fibonacci levels, and the sell zone can be the Fibonacci projection between 0.382 to 0.786 .
This can be upto 1289% big bullish move.
For exact buy and sell targets for this trade, and other harmonic trading signals you can join:
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Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
ZILUSDT - 5th Elliott impulsive waveZILUSDT brokeout above the bullish flag (2nd wave) as expected from my previous analysis to complete the 3rd impulsive wave.
Price retraced to the 0.5 fibonacci retracement level.
Price action is printing a bullish flag pattern ( 4th wave).
We could be on the verge of the 5th wave.
Buy entry ⬆️ - breakout above the bullish flag resistance.
Targets 🎯 - previous swing high (ATH), fibonacci extension levels.
Setup invalidation ❌ - breakdown below the previous swing low.
ZIL 2021 Targets - Where my current thoughts are at for Zilliqa Almost 2 years since ATH. Fib drawn from May 2020 where I see the breakout starting to happen (also falls in line with ATL). If ZIL goes to ATH it would be a full 1 to 1 retracement. Recently hit key physcholigical level of $0.10 and has since done a very brief .5 fib retrace and is now attempting to find support around the .382 fib which historically held as a support for a short while after ATH. From ATH (May 2018) to breakout (May 2020) is almost dead on 2 years. Was May the initial signs of an upcoming parabolic run.
Currently studying EW and I am seeing a possible 1st wave on the daily (from breakout) to wave 2 which takes us to October/November driving us up into wave 3 but this is unconfirmed (and I am still learning EW), subwaves identified and I am expecting that if this is the case we are on wave 4 with wave 5 to take us to a retest of that $0.10 level. If we can break that then I am targeting a .236, .382 and ATH. Taking profit at each stage and reassessing any changes along the way.
Mainnet upgraded, bridging the ERC token gap, scalable, very community driven and very interactive with the community especially with the launch of Zeeves.
Always DYOR, this is not financial advice, do not take it as financial advice. I am always up to being challenged so if you disagree with something let me know, it is how we learn and grow
Zilliqa breaking outGood risk/reward ratio on this ZILBTC pair. Targets and stop-loss are given.
inverted Head and Shoulders on 1H candles
it's just breaking out of this white trend line
Phoenix indicator: Positive White Energy AND Green Line above Energy (very good)
Bitcoin is stabilizing which is good for altBTC pairs
I appreciate if you press a like and don't forget to follow this idea because I will post updates on it.
ZILUSDT 4hr chart - 50% profits?The BTC dump might be the perfect thing that happened for this to play out.
Wait for the breakout/retest.
Keep an eye on BTC(.D).
Adjust (up) your stop loss when in.
Blue hourly SR lines
Red daily SR lines
Purple weekly SR lines
White monthly SR lines
dotted line = tested line
ZIL/USD 2 hour chartThis is my opinion on what could happen to ZIL. Currently, there is a bullish hammer pattern forming.
ZILUSDT formed BAT | Upto 20.5% move expectedHi friends hope you are well, and welcome to the new update on Zilliqa coin.
On 4-hour chart, the price action of the ZIL has completed the final leg of bullish BAT and entered in potential reversal zone.
Buying and sell ranges:
The buying zone starts from 0.786 to 0.886 Fibonacci levels, and the sell zone can be the Fibonacci projection between 0.382 to 0.786 .
Stop loss:
The maximum extent of potential reversal zone at 0.886 Fib level can be used as stop loss.
Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility of 160%, and the loss possibility is 20.5% and the loss possibility is only 3%
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
ZIL/USD longHello guys, this is how i see the trend for Zilliqa in the next days. For me this coin has a very good potential.
*This pattern is the same when DOT was in 5 dollars. Now we know the actual price.
ZIL riding a retest/support line.Zilliqa has seemed ready for some upwards movement for the last day or two. We retested the break out of our falling wedge on the 6th, again on the 7th, and here we are on the 8th.
BTC's steady creation of new highs and social media attention seem to have kept it in the spotlight for the last days. A short term (BTC) overbought correction may soon be imminent. However, average joe and his grandma are talking about crypto... BTC's strong buy sentiment cannot be ignored. ALT's may lack a ton of movement today as BTC Dominance stays strong. This whole year will be uncharted territory based on our current circumstances. Political issues, stimulus coming, dollar weakening... crypto's perfect storm. We know in the longer term we're headed nowhere but up.
If we fail to hold support around $.071 we could be in for another short term dip down to the $.066-.065 area.
Keeping an eye on BTC.D as we have approached resistance area. If it fails to break above, ZIL and ALT's could see some growth as dominance falls a bit.
Zilliqa - Is it leading the Altcoin bullrun?Hey everyone, been a minute, I've been out surfing and spending time with the family and friends. Which btw is what life is really about, not these trading games.
Now, into the trading games:
Its simple. Its in the title. Zilliqa I think is leading the ALTCOIN bull run. Which has started but hasn't quite popped off yet. ie. hasn't reached mania stage obviously. You'll know its at that point when they start moving 20-150% EVERYday.
Market makers create these chart pricing shapes, by creating impulse buys and sells in the minnows. It seems the MM on ZIL have their algos set to an earlier program. Why? I have no idea. Maybe its a test run of sorts. Anyway its reasonably clear to see and gives me hope for the other big caps like ADA.
We just got a higher high on ZIL today, which was CRUCIAL spot for it to do so.
If indeed this theory is correct we are on the verge of a pretty big leg up for some popular ALTS. I am looking at ADA, XLM, RSR, DIA, VET, TRAC.
Goodluck fellow degens. Lets get it.
Zil is on the run after breaking the descending channel!Zil broke finally out of the descending channel it formed on the way down from its previous high at 1 cent
Zil bounce off the strong support at the 0,066 range and finally reach a major resistance at the 0,85
But now it finds support at the old descending channel that could be a start of a major bull run toward the upside
expect resistance and correction on the way up at different levels especially the 0,09 and 0,1 barrier, if that one broken then we can see a 0,15 Zil easily
Trade carefully
$ZIL (ZILLIQA) STILL CORRECTING. NICE SHORT SETUP Hello traders & investors.
We have neutral ground play on this 2H chart. RSI is between 60 - 40 corrective and chopy price action while we are inside of it.
We should see a relatively rapid sell - off very soon.
I'm short from $0.08187. Will flip long at $0.056!
Once we lose that $0.078 level - longs will get rekt pretty quickly.
Will post simmilar Idea that I see on other alt soon! Enjoy the ride, let's make money.
This is not a financial advice :)