Get started

Ziliqabitcoin

Ziliqa at risk of 40% drop reveals new weekly candleThe weekly candle close was brutal. After an indecision candle 2 weeks ago which pierced resistance and then closed below... ...then last weeks candle a steep red... ...and MACD trending down... ...given the meteoric rise we've seen in ZILUSD the past few months... ...it makes sense that Ziliqa may have to drop all the way down to find support, perhaps at the 0.011 level. A 40% drop from current price. This is more likely to happen if BTCUSD does not somehow manage to quickly break it's consolidation range to move upwards, which as usual would probably bring the rest of the market up with it, including Zil. Bottom line, traders are likely to be taking profit and looking for a cheaper entry position on Zil.
BINANCE:ZILUSDShort
by Sparkster
1
ZILLIQA / TETHERUS (ZilUsdt) my short-term work.I determined 3 trend lines. I will especially focus on the second trend line. My target is to move the gfrafik between the first and second trend lines. It is not difficult to break the resistance of 0.01296 if it falls between these two trend lines. My target zone is between 0,01296 and 0,01462. In short, everything depends on not breaking the second trendline down. Ps: It should not be forgotten that there is a mainnet between the 1st and 3rd of June. It is my personal work. It is not investment advice. It is a special work for Dündar. =))
Long
by ruble
Zilliqa (ZIL) - 1:5 Trade @coinselorI am not a big fan of waiting for a correction (weakness) when entering a trade by applying a trend-following strategy. I wanna buy strength and sell weakness. Nevertheless, given the overall alt/btc market, it makes sense to wait for a retracement and take this 1 to 5 risk-reward ratio trade. The reason why I wouldn't enter a position after the initial breakout high is that, as opposed to most other alts, ZIL didn't establish a well defined range before breaking out. The advantage of entering on a range breakout is that automatically that prior range high becomes a strong level of support that protects our stop/entry.
Z
by coinselor
2