ZILETH
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.
$ZIL Next Move Should Be Violent! Best Time to Enter? NOW!Zilliqa currently has it's deposit and withdrawal suspended due to mainnet update on Binance, so it actually need an accumulation prepartion for it's parabolic move.
Next update from CEO and the whole dev on 16 June 2019. It's getting closer. Zilliqa has a lot of fanatic supporters. No doubt, this one will aging so well.
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Zilliqa $ZIL forming H&S - VERY BULLISH!Zilliqa $ZIL has been trending downward over the last few weeks and looks to have found a bottom and is now forming a head and shoulder pattern. If this plays out then the pattern will be complete around June 7 and will be aiming to break out of the downtrend. The timing is perfect as Zilliqa smart contracts are introduced on June 10. Zilliqa also expected to announce partnerships on their Zilliqa Day celebration a few days later. Many reasons to be bullish on this one.
There is a possibility for the beginning of an uptrend in ZILETHTechnical analysis:
. ZILLIQA/ETHEREUM 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 57.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00013900 to 0.00013000). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00013900)
Ending of entry zone (0.00013000)
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 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= @ 0.00014950
TP2= @ 0.00015330
TP3= @ 0.00016060
TP4= @ 0.00016710
TP5= @ 0.00018000
TP6= @ 0.00019030
TP7= @ 0.00021300
TP8= @ 0.00028760
TP9= Free
There is a possibility for the beginning of an uptrend in ZILETHTechnical analysis:
. ZILLIQA/ETHEREUM 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 57.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00013900 to 0.00013000). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00013900)
Ending of entry zone (0.00013000)
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= @ 0.00014950
TP2= @ 0.00015330
TP3= @ 0.00016060
TP4= @ 0.00016710
TP5= @ 0.00018000
TP6= @ 0.00019030
TP7= @ 0.00021300
TP8= @ 0.00028760
TP9= Free
Time for Zilliqa to shine - Inverse H&S with Fibs/Ichimoku IdeaZIL-BTC Bullish reasons:
Inverse Head and Shoulders Right Shoulder forming which potentially will test 650+ neckline that coincides with 0.236 Fib retracing to 1st Lower High on Daily immediately after ATH that confirmed the downtrend.
Daily Ichimoku bullish crossover (conversion line crossing base line) happened under the cloud (weak to medium signal)
Lagging line above price candles 26 days ago - Strong indication as price entered the cloud too.
Future Kumo twist about to happen - Looks like a strong possibility now.
Confirmation of a bullish move to test neckline
Price piercing out of the cloud and new daily candle breaking out of cloud
Lagging Line out of cloud 26 days ago
Future Kumo cloud turning bright meaning Span A above Span B.
Trade Opportunity
Entry - Under 480
Stop Loss - 420
Targets
Target 1 - 546 (Cloud Resistance on Daily)
Target 2 - 650 (Inverse H&S Neckline)
Target 3 - 688 (0.236 Fib retracement to All Time Lower High (LH)
Target 4 - 895 (Optimistic 0.382 Fib retracement to All Time LH)
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