ZilliqaHi, dear traders.Today we have a viewpoint to BUY/SELL the ZIL symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Thank You
Zil
ZIL/USDT upward momentum? 👀 🚀 ZIL Today analysis💎 Paradisers,zilusdt currently, it's showcasing a captivating shift, having broken free from its longstanding descending channel, hinting at a heightened likelihood of an upward trajectory.
💎 For a considerable duration, ZIL has been navigating within a descending channel. Now, having successfully breached this channel, the odds are increasingly favoring a move to address the Bearish OB and the supply zone.
💎 Positioned in the demand zone, if the price of Zilliqa surpasses the .01724 mark, the bullish momentum is likely to intensify. It's worth noting that while some novices might be tempted to short at this juncture, it's prudent to maintain a broader perspective.
💎 On the flip side, should the price descend below the .01625 demand level, the probability leans towards a retest of a more formidable support. As always, remain vigilant and strategize accordingly!
ZILIQA is flying soon.It looks like we reached the bottom.
Not once but four times. It faked out, breaked out and retested.
It is not only the graphics that I like about this coin. The project is also one of the best and still not exploded. We can have the next Avalanche or Fantom in here.
Risk: Low
Quick target: 100%
Good Luck
ZILUSDTThis is a 1D frame analysis for ZILUSDT The support area was able to support the price again and continue its upward movement. It is expected that the price will be able to surpass the first resistance area. Keep in mind that if the price breaks through our support line again and cannot push itself up, it may break through the support line below. However, given the weekly candle that has been closed positively, we expect the price to be able to have an upward trend.
Zilliqa /US Dollars (ZILUSDT) Short Selling Chance19/02/2023Technical Analysis:
In this analysis, I adopt an all-encompassing approach that melds Fibonacci retracement and extension levels with Fibonacci Projection, confluence analysis, and the MACD indicator, with a distinct short sell bias for the 30 Minutes Time frame as requested on the assignment, dated on 15/09/2023, 12:55 pm on LinkedIn message section. Additionally, I'll introduce a strategic Dollar-Cost Averaging (DCA) strategy with two scale-in levels. Please refer to the chart for a comprehensive visual analysis:
please zoom out the chart for better comprehension.
Key Technical Observations:
Fibonacci Levels: My analysis meticulously places Fibonacci retracement and extension and levels on the chart, highlighting potential resistance zones and solidifying the short sell bias.
MACD Divergence: Vigilance for MACD divergence patterns remains paramount. (Bearish Divergence) accompanied with (Hidden Bearish Divergence) bolsters the short sell bias.
Strategic Entry Points: I identify key entry points for initiating short positions, at $0.01620 Spot Price at the time of publication capitalizing on price movements in harmony with the overall bias.
DXY is very much bullish which is an other sign that the Total Crypto Market cap may fall and ultimately BTC will dip to the lower prices
the above analysis can show the possibilities of DXY rally
Technical Conditions:
Take-Profit Levels (TPs): To maximize potential gains from the short sell bias, consider the following TP levels:
1st TP: $0.01619
2nd TP: $0.01580
3rd TP: $0.01550
Dollar-Cost Averaging (DCA): I advocate a DCA strategy for scaling into short positions. Start with a partial position at the initial entry point and progressively adding to the short position at the following DCA scale-in levels:
Scale-In Level 1: DCA Price Level 1: $0.01635
Scale-In Level 2: DCA Price Level 2: $0.01650
Stop Loss: Prudent risk management includes placing a stop loss at $0.017 which is above the 0% level of the minor reverse Fibonacci Retracement level, to safeguard against unexpected price reversals.
Trading Scenario:
Short Sell Bias: Given the confluence of Fibonacci resistance, a bearish and a hidden MACD divergence, and strategic entry points, my analysis strongly favors a short sell bias.
Adaptability: Stay adaptable to market conditions, prepared to adjust your strategy in response to any unexpected developments.
This analysis is grounded in historical data, technical indicators, and a clear bearish bias, complemented by a DCA strategy with two scale-in levels. As with any trading strategy, it's essential to conduct thorough research, adhere to your trading plan, and continuously refine your approach as we navigate the dynamic cryptocurrency markets.
I eagerly await your insights and engaging discussions about this analysis, as we explore opportunities in bullish market scenarios!
🔥 ZIL At The Verge Of Breaking Out: New Moonshot SignalZIL has been trading below the top resistance for around 18 months. The 0.0155 support held strong all this time. A break out on either side was expected after the support and resistance converged.
If we can close the week above 0.018, I'm treating it as a successful break out of the triangle pattern. In my view this could be the definite low of this token with much more upside ahead.
It's a risky long-term bet with a very good R/R ratio of 52, which can be a massive boost for the trading balance if it plays out.
As always, patience is key.
ZIL/USDT 1H 1HZIL/USDT 1H
If the price holds above the 0.01764 support level and breaks the 0.01823 and 0.01835 resistance, we could see a continuation of the uptrend. However, if the price falls below support, especially 0.01725, we could be looking at a deeper correction, as on the one hand, the RSI suggests that the market may be overbought, which could indicate a correction soon. On the other hand, the MACD shows a buying momentum, suggesting that the uptrend may continue.
Without a doubt, Zilliqa's main innovation is Sharding. By using sharding, Zilliqa divides its network into several smaller parts, called shards, that process transactions and smart contracts in parallel. This allows the blockchain to achieve a high number of transactions per second (TPS) as the network grows, a crucial aspect for scalability.
Good end of the week
🔸Main support levels: 0.01764/ 0.01725
🔸Main Resistance Levels: 0.01823 / 0.01835
➡️RSI: Exhaustion of forces BUYERS
➡️MACD: Buyer
Symbol: ZIL
Maximum supply: 21,000,000,000 ZIL
Consensus: Proof of Work
Released in: 2018
Official website: www.zilliqa.com
ZILUSDT INVERTED HEAD AND SHOULDER PATTERNZIL created an inverted head and shoulder pattern on the bottom which confirmed a neckline breakout recently. Here we expect the price to continue its bullish trend to the upside breakoing above the resistance and recent hourly swing highs formed.
BACK TO BREAKEVEN .CH.🔰Entery: = 0.01641 - 0.01664
❇️Targets
1️⃣0.01598
2️⃣0.01570
3️⃣0.01543
4️⃣0.01521
🧯Stoploss : 0.01666
ZIL/USDT Upward Momentum ??? Zilliqa Today AnalysisHello Paradisers, ZIL: A Weekly Perspective
💎Currently situated in a robust demand zone on the weekly chart, ZIL has historically shown resilience and rebounded from this area multiple times. There's a good chance that ZIL could experience a bounce and make its way back to test the supply zone in the medium term.
💎However, should ZIL fail to maintain its position in this strong demand area and close below it, the asset could potentially descend to the Bullish Order Block, where additional accumulation could be considered.
ZIL ANALYSIS (4H)Where I entered "Start of correction" is the beginning of our diametric correction pattern.
What the chart shows us seems to be inside wave E of this diametric.
The green area could be where our diametrical F wave starts and moves up to our red area.
Do not open any position without capital management and stop setting.
ZIL and the Impressive Investment Opportunity Hi Everyone;
today we have one of the best risk to reward Investment opportunity
it is more than 1600 times the risk and the chart is look very promising.
I expect breaking the previous bear market key point will clear the way to the final target
ZIL ANALYSIS (1D)Hi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the ZIL symbol.
zil provides the conditions to enter the upward movement.
It can move up while maintaining the green area.
I specified two tp. It is not necessary to move up to tp 2, but in case of whale attack, it can go up to tp 2
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
$ZIL / ZILUSDTI SEE ZILUSDT IN SHORT POSITION..
GOOD LUCK
• Warning •
Any deal I share does not mean that I am forcing you to enter into it, you enter in with your full risk, because I'll not gain any profits with you in the end.
The risk management of the position must comply with the stop loss.
(I am not sharing financial or investment advice, you should do your own research for your money.)
ZilThe trend in the high time has been an upswing, and in the low time it is hitting its pullback, I will check the long direction in the two green lines.
ZILUSD: Testing the 1D MA200, in anticipation of a strong breakZilliqa has come today the closest it has been on the 1D MA200 since the May 8th contact, turning the 1D time frame largely bullish (RSI = 67.434, MACD = 0.000, ADX = 54.733). Consequently, a break above it, should set in motion the last part of the bullish leg that started at the bottom of the long term Channel Down. We will buy if the 1D MA200 breaks and target the top of the Channel Down (TP = 0.0300).
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ZILUSD Best long term buy nowZilliqa / ZILUSD hit 10 days ago Support (0.01535) and rebounded, making Higher Lows ever since.
The 1day RSI is already testing the Falling Resistance. If the price crosses and closes over the Falling Resistance, it will be a major buy signal.
Target first the Fibonacci 0.5 level at 0.026300 and on the next pull back go for a long term swing near Resistance A at 0.03600.
Follow us, like the idea and leave a comment below!!
Zilliqa's Thin Ice: A Potential Bullish Turn or a Strong Sell-of💎 Today, #ZILUSDT has made contact with a crucial demand zone, simultaneously reaching the lower boundary of an extended descending channel. In tandem with this, we've observed a clean bounce off the 227.2% Fibonacci retracement level. These factors collectively suggest that we might be at the bottom.
💎 If the price manages to stay above today's low, it could signal a shift towards a bullish trend. While we're not necessarily forecasting a long-term uptrend, we can anticipate a relatively strong pullback.
💎 Keep a close eye on the $0.024 resistance level, which corresponds to the commonly observed 61.8% Fibonacci retracement level. If the price manages to break past this point, we could see a double top forming near $0.025.
💎 However, tread lightly, ParadiseClub members. FWB:ZIL is treading on thin ice. A new lower low could trigger a strong sell-off. Stay vigilant and join us in monitoring the current price action.
ZILUSD IdeaChannels encompass a double top pattern on both sides
A short term reversal may be in order
zil Zil is forming bullish structure after dump. Now its time for a pump in ZIL from green marked buying area.
Another Breakout from Zil?!Hello traders, I posted a signal of Zil recently and it hit all the targets...
and It has done a retest back to the support again, and I am expecting same move as before from it...
Enjoy trading <3
