ZILUSDT| Wave One| Weekly S/R| Daily S/R| Price Action| Trend Evening Traders,
Today’s analysis – ZILUSDT- trading at and area of resistance where a rejection is plausible,
Points to consider,
- Price action corrective
- Weekly S/R Resistance
- Daily S/R Support
- Impulsive Wave
ZIULUSDT’s immediate price action is trading at a resistance point that is in technical confluence with the POC, Weekly S/R, Int Daily S/R and the .618 Fibonacci, allowing for a potential correction.
The immediate support will be the Daily S/R region, price respecting this rea will allow for completion of Wave Two.
Overall, ZILUSDT is a valid long on the pull back, this will allow for a defined entries, invalidation is multiple candle closes below the Daily S/R Support.
Hope this analysis helps,
Thank you for following my work,
And remember,
“It’s not whether you’re right or wrong that’s important, but how much money you make when you’re right and how much you lose when you‘re wrong.” -George Soros
Zil
Zilliqa (ZIL) formed a bullish Gartley for upto 19% pumpHey dear friends, hope you are well, and welcome to the new trade setup of Zilliqa coin with Bitcoin pair.
Previously we caught more than 420% pump of Zilliqa as below:
Now on a 4-hr time frame, ZIL has formed a bullish Garrtley pattern.
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
ZILUSD Bottom? An idea for ZILUSD suggesting a bottom on a place along horizontal that was previously support
This support can be seen with the inverted Head and shoulders structure. I have not highlighted this however.
Price is still within a down channel so lets see if there's a reversal
Is it Bulls' Time for ZIL?Looking at the daily chart of ZIL/USDT, the ZIL price was swinging from $0.01541 to $0.03426 within the past 30 days after going to its lowest of the month at $0.01541.
Bouncing back from the support level, ZIL is trading in the previous order block formed on 08 November 2022. If ZIL is able to break out of the order block and rises higher, we can expect ZIL to reach $0.05.
Meanwhile, our long-term ZIL price prediction for 2023 is bullish if it cannot break the support level. We can expect ZIL to reach $0.06 this year.
If ZIL cannot break the $0.03047 resistance 1 level, the bears may seize control and dethrone ZIL to a downtrend stance. In simple terms, the price of ZIL might fall to almost $0.01621, indicating a negative signal from the previous support level.
The price has reacted positively to the strong monthly supportZIL has registered a growth of more than 45% in the last 24 hours. The price has reacted positively to the strong monthly support area, confirming the fake breakout of the previous floor support area at $0.020. Therefore, due to this high buyer power, if the daily candle closes strong, pullbacks can create strong positive reactions. One of the resistance levels that can cause many negative reactions is considered in the range of $0.027 to $0.030.
Therefore, considering the high power that can be created at this level, the possibility of forming a range area below this resistance is high. The potential for a trend reversal is built into the daily time frame, and simply making a higher floor that leads to a higher ceiling can help reverse the trend. The bullish candles are in the spike phase on the 4-hour time frame, which, if a pullback is observed, can enter a narrow bullish channel to fully hit the plotted resistance. If ZIL breaks through resistance, it has a high potential for further growth in the long term and very high targets.
✳️ Zilliqa vs Bitcoin Hits Bottom (130% Potential Profits)Zilliqa hit bottom... Late December 2022, sounds familiar?
As the bottom was hit the RSI became oversold and now we are having early recovery signals.
ZILBTC currently trades above EMA10 with high potential for growth.
A lower low was hit compared to March 2022 which means that the stop-loss were activated... The next liquidity pool stands to the upside.
More details on the chart.
Namaste.
ZIL/USDT - LONG ----- Welcome, dear followers! -----
- Here is my trading methodology. I trade with a normal system and analysis of resistance and support, as well as price reversal patterns.
- For the record, I do not place a stop loss within my trades. So that I only risk 1.5% of my total capital in order to support the loss due to a price reversal against me.
- If a price reversed against my expectation and touched the drawn line r3, then I transferred targets to the entry point and waited for the price to close at it with a loss equal to almost zero.
- Today's deal is shown in the chart, and here are the entry and exit points below.
-- Support me with numbers and follow up on my account for other deals in the future. Thank you for coming to this part.
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⚡️⚡️ #ZIL/USDT ⚡️⚡️
Client: My-Binance Futures
Trade Type: regular (Long)
Leverage: Cross (2X)
Entry Zone:
0.03199 - 0.02976
Take-Profit Targets:
1) 0.03253 - 25.0%
2) 0.03416 - 25.0%
3) 0.03584 - 25.0%
4) 0.03774 - 25.0%
Stop Targets:
1) 0.02907 - 100.0%
Trailing Configuration:
Entry: Percentage (0.5%)
Take-Profit: Percentage (0.5%)
Stop: Breakeven -
Trigger: Target (1)