Zilliqa
Zil/Usdt Possible targetsWarning: This is only my idea.
If you want to long zil/usdt based on my view, Do it with your risk management system.
Ok before we start we need to know these:
1- Zilliqa Daily time frame is on impulsive wave.
2- Zilliqa weekly time frame is Bullish.
3- We are in the bullish season of crypto market.
-As you can see we have a bullish flag in daily time frame and we had successful breakout. So price can rise up to 0.168$ based on flag's pole
-Right now Zil is experiencing impulsive wave so if we want to predict how far it can reach, We use trend based fib(Impulsive wave 1 and corrective wave 1 are used for trend based fib extension)
Let's see possible targets based on trend-based fib extension:
1- 0.16860
2- 0.18727
3- 0.21751
4- 0.26904
Also we had a good new about Zil which said EGW Capital is looking to invest another 20-25$ million in Zil Coins in the coming weeks.
Please note that all of these possible targets depend on if crypto market remain bullish.
ZIL almost breaking out into price discovery??WILL WE See it?! Dang skippy! Don’t take my advice cuz Idunno...but looks good from my house! Let’s catch up w ADA, they’re just a few blocks away. This looks like a good project with a lot of room to run. What’s your thoughts on this one??
Zilliqa for 20 centsWarning: our thoughts are ours; not financial advice.
Zilliqa has been an asset under our watch for a long time. We hold a considerable amount of this asset.
The token which recently broke its ATH to the upside seems to be heading for the 20 cents mark short-term.
Afterward, we either see a cool off or a breakout to the upside of the channel which started December 11, 2020.
$ZILUSD - Wait for a breakout confirmationHello everyone!
Zilliqa has formed a triangle and tested the Fibo 0.618 level of the previous impulse.
Highly recommend you to watch for a breakout and enter long, it might as well drop to test supports described on the chart which will be a confirmation of another bull run.
ZIL/USDT-good volume buildup.We've been in this accumulation zone for quite a while. Each time we run up to the resistance, it gets weaker, with this run being unique with respect to volume buildup when compared to previous runs. Will we sustain the breakout and confirm this line as resistance? fingers crossed!
Zilliqa ZILUSDT - Bull flag + Head and Shoulders- We can clearly see a Bull flag and Head and Shoulders continuation patterns on the Daily chart
- ZIL is currently in a huge bull run and there is no reason to go down
- Our profit target is 1.618 fib extension for next wave
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Expected duration of the trade, Stop Loss, Profit Target, Entry Price and Risk To Reward Ratio - for more information, please check my signature down below ↓
ZILUSDT breaking out of consolidation. Waiting for daily close.A nice textbook setup forming for this coin. Needs to be confirmed but looking good so far.
Market has been all sideways lately so watch out for more of that (e.g. false break). Assuming this breakout is strong, one may expect the current candle to close near its high and a nice follow through candle tomorrow. A re-test of the trend line support is also a valid price action in a bullish breakout scenario.
Not trading advice.