#ZIL/USDT 2HOUR UPDATE BY CRYPTOSANDERS ! Welcome to this quick ZIL/USDT analysis.
I have tried my best to bring the best possible outcome in this chart.
Reason of trade:- ZIL//USDT PARALLEL CHANNEL brake the green and trendline and buy the retest green zone. PARALLEL CHANNEL green zone. (SPOT CALL)
Entry:-$0.049412,$0.05524
Traget:- 80%
Stoploss:- $0.04384
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
Thank you...
ZILBNB
ZIL/BTC (Testing Key Support)💎Technical Analysis Summary💎
BINANCE: ZILBTC
-Zilliqa is now testing key support area at 120s sat
-It is also trading inside a descending channel
-If the Bulls can show up and give any reversal signs
-I recommend buying the breakout of the wedge
-The upside potential is up to 200 sat area
``````````````````````````````````````````````
Trading Involves High Risk
Not Financial Advice
Please Exercise Risk Management
``````````````````````````````````````````````
If You Like My Daily Published Ideas
A little Help By Supporting My Channel
Through Leaving A Thumbs Up, Comment & Follow
Happy Trading! --> Thank You! :)
``````````````````````````````````````````````
ZIL/BTC (Trendline Resistance Retest?)ZIL/BTC
-Zilliqa is currently testing previous support area at 174 sat
-The price is holding this range for 2 weeks already
-The 200D MA is now following the price
-This is an aggressive entry if you are expecting the price to break higher
-But I always recommend buying the breakout of this trendline resistance
-Buying the breakouts signals a strong potential trend change
ZIL/BTC (Trendline Break? Bullish?)ZIL/BTC
-Zilliqa may have found the bottom at 150 sat range
-This is a confluence of previous resistance now turned support
-We can also see a Bullish reversal candle last 2nd of August
-Today, it is trying to break outside the trendline resistance
-If the daily candle can close with a body outside the trendline
-Chances of going up will be higher
-The potential upside is up to 280 sat area
-Bearish scenario, breaking below the green support will invalidate this idea
ZIL/BTC (Break Trendline Resistance?)ZIL/BTC
-touches to 50D MA twice and reacted bullish on it
-the 170 sat range is also an are of confluence support
-we can the price challenging the daily trendline resistance
-the more it get tested, the more it gets weaker
-you can enter the break/close of trendline
-have a stoploss below the 50D MA
ZIL/USDT (Trendline Resist Retest)ZIL/USDT
-a strong bounce from the 1490s or 20% move up
-testing the trendline resistance
-if we are looking for a bullish entry
-we want to see a break of the trendline
-comeback and retest to become new support
-that's a good Buy position and target the up to 2122-2666
-stoploss is placed under 1490
ZIL/USDT (Potential Break of Trendline Resist)ZIL/USDT
-challenging the trendline resistance
-there is also a local resist at 2070
-new potential higher low is being established at 1900
-holding strong a previous resistance > new support
-good buy signal is the price break/close above the 2070s
-upside target is up to 2620s
-stoploss is placed under the 1900s
ZIL/USDT (Bounce Reversal?)ZIL/USDT
-the price bounces off at my previous analysis
-before it happened, it painted a bullish reversal candle
-currently trading outside the trendline resistance
-if this break continues, the minimum target is up to 2677 or higher
-stoploss should be placed under 2137s
ZIL/BTC (Potential bottom?: up to 30% profit)ZIL/BTC
ZIL may have found the same support at 47 sats area which was also the previous consolidation area last Jan 2020 trading action.
If ZIL can break outside the downward trendline resistance, we could expect more upside scenarios up to the 80 sats region.
And place our stop-loss below 56 sats.
There is a trading opportunity to buy in ZILBNBTechnical analysis:
. Zilliqa/BinanceCoin is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 51.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.003330 to 0.003040). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.003330)
Ending of entry zone (0.003040)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.003800
TP2= @ 0.004200
TP3= @ 0.004840
TP4= @ 0.005730
TP5= @ 0.006460
TP6= @ 0.007680
TP7= @ 0.009250
TP8= @ 0.010820
TP9= @ 0.013060
TP10= @ 0.015900
TP11= Free
There is a possibility for the beginning of an uptrend in ZILBNBTechnical analysis:
. ZILLIQA/BINANCECOIN is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 50.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.002850 to 0.002500). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.002850)
Ending of entry zone (0.002500)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.003330
TP2= @ 0.003800
TP3= @ 0.004200
TP4= @ 0.004840
TP5= @ 0.005730
TP6= @ 0.006460
TP7= @ 0.007680
TP8= @ 0.009250
TP9= @ 0.010820
TP10= @ 0.013060
TP11= @ 0.015900
TP12= Free
There is a possibility for the beginning of an uptrend in ZILBNBTechnical analysis:
. ZILLIQA/BINANCECOIN is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 52.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.003100 to 0.002600). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.003100)
Ending of entry zone (0.002600)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.004170
TP2= @ 0.004840
TP3= @ 0.005730
TP4= @ 0.006460
TP5= @ 0.007680
TP6= @ 0.009250
TP7= @ 0.010820
TP8= @ 0.013060
TP9= @ 0.015900
TP10= Free
There is a possibility for the beginning of an uptrend in ZILBNBTechnical analysis:
. ZILLIQA/BINANCECOIN is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 52.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.003100 to 0.002600). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.003100)
Ending of entry zone (0.002600)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.004170
TP2= @ 0.004840
TP3= @ 0.005730
TP4= @ 0.006460
TP5= @ 0.007680
TP6= @ 0.009250
TP7= @ 0.010820
TP8= @ 0.013060
TP9= @ 0.015900
TP10= Free