ZIL potential short due to rejection at weekly level ZIL is currently showing some weakness. If we have a look on a key resistance level on a weekly chart, we notice a clear rejection.
4 hours charts is trading in a range and we have potentially a deviation above and now back to range.
A trade idea to short it with a tiny invalidation above last high targeting middle and lower of the range.
Ziliqausdt
Zilliqa continuation rally BINANCE:ZILUSDT
✅Before we start to discuss, I would be glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it.
Thank you.
After Metapolis hype we come back to investments zone -0.18 I think we can hold this local buyers zone. If not we 100% bounce from global support zone since 2019.
Now I think this rally can continue to first order block (red one) where we can find out strong sells wall! Like almost all alts ZIL can find out bottom and reversal pattern around October/ November 2022.
For long term everything between 2 and 4 cents good zone for accumulation.
Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch!
✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes.
* Look at my ideas about interesting altcoins in the related section down below ↓
* For more ideas please hit "Like" and "Follow"!
ZILUSD IdeaAn idea suggesting a big moonshot for ZIL
This is based on the previous move to ((2) in green)
A large ascending broadening wedge can be plotted if this bars pattern is placed this way
The placed pattern up is very very speculative, but it really does look bullish above this level
Always make your own assessment. Personal judgement on charts wins every time.
ZIL in a falling wedge!Here's a quick look at ZIL 8 hr chart. As we can see, the price has been forming an falling wedge and we could se a very big move when finally does break out! Definitely one to keep an eye on.
The best entry would be, when the price breaks above the falling wedge with good amount of volume .
-------------------------------------------
The idea is: Buy the breakout from the falling wedge and take profits at the levels shown in the chart.
Targets:
- Profits can be taken in the resistance zone .
1. 0.113$
2. 0.121$
3. 0.136$
-------------------------------------------
If you like the content, then make sure to comment and like the post :D
Follow me for daily profitable trading setups
BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
ZIL - ZilliqaIt has a good movement shape for breaking its 70-day resistance.
If the high price of the Ichimoku cloud stabilizes and due to the formation of the green cloud and the ascending shape of the Ichimoku and other cases, this resistance will most likely be broken in a short period of time.
Target are available in the short term
In the long term, the target is 40 cents
ZIL/USDT - Long Term Investment IdeaHello, Traders!
ZIL is wrapping up its current business cycle.
Selecting assets for long-term purchases, one should keep in mind that not every asset has gone through a downtrend and several business cycles.
Therefore, you should be interested in those assets that have been tested by the market. Such an asset is ZIL.
It is best to form your position in three parts:
- The first in the consolidation range;
- The second one below the range, in case of price failure.
- The third on the rise, after the exit of the downtrend
The priority area for the formation of a long-term position is $0.0440 - $0.0658. It's better to place an additional order between $0.0260 and $0.0360.
The placement of a stop-loss depends on your risk management and the value of the position.
The following price levels will be the targets
$0,1010
$0,1260
$0,1592
$0,1746
$0,1882
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice