#ZIL : A 100% Profits Opportunity In The Mid Term.#Accumulation_Recomendation
Pair : #ZIL / #BTC
Platform : #Binance
RSI : 50
Volume : A good amount of volume circulating on the 1D chart but show some decreasing level of volume by the last 4H and needs some more energy.
**Note :
- MACD already on the way up showing a very good bullish behavior.
- RSI : Already bullish on favor of the Bulls.
- EMA is looking bullish for the short term moving below the current candle stick.
Current Accumulation Area : 140 sats - 152 sats
Distribution Targets
Short Term :
Target 1 : 170 sats
Target 2 : 193 sats
Target 3 : 212 sats
Target 4 : 231 sats
Target 5 : 257 sats
Target 6 : 291 sats
Mid Term :
Target 7 : 390 sats
Target 8 : 549 sats
Stop Loss : 128 sats
Capital : 5%
Risk : High
@Togetherweaccumulate
Zil
ZIL/BTC -> Potential Entry Point (Novice Analysis)If you haven't gotten into a position on $ZIL yet
now could potentially be a good time to do so.
1W volume influx is incredible.
Price has been ranging well in this Modified Schiff
Pitchfork and it seems likely it will continue doing so.
Short term resistance at ~314 sats has been touched
multiple times making it weaker and a mid term target
would be previous ATL at 347 sats.
Long term hold for 497 sats at the next major resistance.
An entry between 240-250 sats looks ideal for this next
move.
Stop at 220 sats, just below the previous S/R flip
ZILLIQA UP TREND CHANNEL HOLDING $ZIL $ZILUSDTUptrend channel holding for quite many times, expect bounce this time too, nice R/R for long, stop loss will be below the uptrend line after candle close confirmation.
TP 1 will be in the middle line of the uptrend channel, TP 2 aim for the high of the channel.
ZILBTC #ZILBTC $ZIL $BTC UPDAT AB=CD PATTERNAB=CD Partern is working so good. Just be pattience . Zil bots are working up down up down
AB=CD Patterni iyi calisiyor gibi gorunuyor. Sabirli olmak gerek. Zil boylari asagi yukari calisip calisip devam ediyor.
Please follow me from all scoial media / Please push like button and follow me.
Sosyal medyadan da takip edebilirsiniz. / Lutfen begen butonuna basiniz ve takip ediniz.
$ZIL looking very bullishWhy am I bullish on ZIL? Well for one, we have seen the highest daily volume ever recorded for $ZIL recently. It also looks to be forming an ascending triangle, which is inherently bullish. On top of that, $ALTS in general have reacted very well to this recent $BTC retrace, which leads me to believe we are going to see some strong alt bounces across the board. ALSO $ZIL's smart contracts are coming out on June 10th, which can definitely cause some bullish momentum. If you are looking to go long on alt coins, I think ZIL is one of the best choices at the moment.
Zilliqa Price Analysis ZIL / USD: Approaching BreakoutZilliqa / USD Short-term price analysis
Zilliqa has an increasingly bullish short-term outlook, with the cryptocurrency testing towards the April 2019 trading high.
The four-hour time frame is showing that a large inverted head and shoulders pattern has formed, with the recent advance invalidating a bearish head and shoulders pattern.
Technical indicators across the four-hour time frame have turned bullish and continue to generate a strong buy signal.
Pattern Watch
Traders should note the upside target of the inverted head and shoulders pattern on the four-hour time frame would take the ZIL / USD pair towards levels not seen since October 2018.
Relative Strength Index
The RSI indicator is bullish on the four-hour time frame and still shows scope for further upside.
MACD Indicator
The MACD indicator is bullish on the four-hour time frame and continues to issue a strong buy signal.
Zilliqa / USD Medium-term price analysis
Zilliqa has a bullish medium-term outlook, with the cryptocurrency on course for a technical breakout on the daily time frame.
The daily time frame is showing that the ZIL / USD pair is testing towards the top of a horizontal price channel that has been in place since the start of 2019.
Technical indicators on the daily time frame remain bullish and continue to issue a buy signal.
ZIL / USD Daily Chart by TradingView
Pattern Watch
Traders should note that a sustained bullish breakout above the horizontal price channel will trigger a major sentiment shift towards the ZIL / USD pair.
Relative Strength Index
The Relative Strength indicator is bullish on the daily time frame and still shows scope for further upside.
MACD Indicator
The MACD indicator is bullish on the daily time frame and is still issuing a strong buy signal.
Conclusion
Zilliqa is starting to appear increasingly bullish over both time horizons, with both the four-hour and daily time frames highlighting that the ZIL / USD pair is close to a technical breakout.
If a technical breakout is confirmed, the ZIL / USD pair could rally towards levels not seen since October 2018.