Zilliqa
ZILUSDT formed BAT | Upto 20.5% move expectedHi friends hope you are well, and welcome to the new update on Zilliqa coin.
On 4-hour chart, the price action of the ZIL has completed the final leg of bullish BAT and entered in potential reversal zone.
Buying and sell ranges:
The buying zone starts from 0.786 to 0.886 Fibonacci levels, and the sell zone can be the Fibonacci projection between 0.382 to 0.786 .
Stop loss:
The maximum extent of potential reversal zone at 0.886 Fib level can be used as stop loss.
Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility of 160%, and the loss possibility is 20.5% and the loss possibility is only 3%
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
ZIL/USD longHello guys, this is how i see the trend for Zilliqa in the next days. For me this coin has a very good potential.
*This pattern is the same when DOT was in 5 dollars. Now we know the actual price.
ZIL riding a retest/support line.Zilliqa has seemed ready for some upwards movement for the last day or two. We retested the break out of our falling wedge on the 6th, again on the 7th, and here we are on the 8th.
BTC's steady creation of new highs and social media attention seem to have kept it in the spotlight for the last days. A short term (BTC) overbought correction may soon be imminent. However, average joe and his grandma are talking about crypto... BTC's strong buy sentiment cannot be ignored. ALT's may lack a ton of movement today as BTC Dominance stays strong. This whole year will be uncharted territory based on our current circumstances. Political issues, stimulus coming, dollar weakening... crypto's perfect storm. We know in the longer term we're headed nowhere but up.
If we fail to hold support around $.071 we could be in for another short term dip down to the $.066-.065 area.
Keeping an eye on BTC.D as we have approached resistance area. If it fails to break above, ZIL and ALT's could see some growth as dominance falls a bit.
Zilliqa - Is it leading the Altcoin bullrun?Hey everyone, been a minute, I've been out surfing and spending time with the family and friends. Which btw is what life is really about, not these trading games.
Now, into the trading games:
Its simple. Its in the title. Zilliqa I think is leading the ALTCOIN bull run. Which has started but hasn't quite popped off yet. ie. hasn't reached mania stage obviously. You'll know its at that point when they start moving 20-150% EVERYday.
Market makers create these chart pricing shapes, by creating impulse buys and sells in the minnows. It seems the MM on ZIL have their algos set to an earlier program. Why? I have no idea. Maybe its a test run of sorts. Anyway its reasonably clear to see and gives me hope for the other big caps like ADA.
We just got a higher high on ZIL today, which was CRUCIAL spot for it to do so.
If indeed this theory is correct we are on the verge of a pretty big leg up for some popular ALTS. I am looking at ADA, XLM, RSR, DIA, VET, TRAC.
Goodluck fellow degens. Lets get it.
Zil is on the run after breaking the descending channel!Zil broke finally out of the descending channel it formed on the way down from its previous high at 1 cent
Zil bounce off the strong support at the 0,066 range and finally reach a major resistance at the 0,85
But now it finds support at the old descending channel that could be a start of a major bull run toward the upside
expect resistance and correction on the way up at different levels especially the 0,09 and 0,1 barrier, if that one broken then we can see a 0,15 Zil easily
Trade carefully
Zil/Usdt- A different perspective.What we have here- Highlighted above is what happens every time there is a daily cross up on the stochastic.
1. 21st Sep to 2nd Oct - 72% rise.
2. 25Th oct to 25th nov - 119.45% rise.
3.10th Dec- 27Th Dec - 255% rise.
Now, the RSI has bounced off the support beautifully, however, the price is reacting strongly to the long term accumulation trend line which is the major overhead resistance that zil will have to overcome to give us another statistically probable move to the upside riding on the momentum provided to us by the stochastic cross on the daily.
$ZIL (ZILLIQA) STILL CORRECTING. NICE SHORT SETUP Hello traders & investors.
We have neutral ground play on this 2H chart. RSI is between 60 - 40 corrective and chopy price action while we are inside of it.
We should see a relatively rapid sell - off very soon.
I'm short from $0.08187. Will flip long at $0.056!
Once we lose that $0.078 level - longs will get rekt pretty quickly.
Will post simmilar Idea that I see on other alt soon! Enjoy the ride, let's make money.
This is not a financial advice :)
Zilliqa breaking through this channel possibly 1st quarter 2021I have a hunch that if Zilliqa breaks through this channel and heads to break its previous all-time high of $0.23 we may see a rise to between $1 and $3 then retracing back to under a $1. Please do not take this as trading advice as this is only a speculative position I am taking on Zilliqa. This may never pan out but with all the hype in BItcoin and the massive amounts of institutional money pouring into this market I really believe Zilliqa will be primed for whale activity and we may get blown away with price movement in the short term. The green line above the channel is the breakout and the red is the retracement back down to possibly make contact with the channel but never pierce through it. So the channel may act as support for Zilliqa as it heads to this $5-$8 target or higher.
Notice the red line above the channel, this is the trend for the Beam Bands I have set on previous chart. If we break through the $0.23 ATH then it could be we may target the top of this beam bands and hit a price of $0.33. if we break this $0.33 range then we go higher and like I mentioned above we may go between $1 and $3 before we retrace back down to the channel as support. Who knows, I could be dead wrong here but an interesting possibility.
ZILUSDT - Uptrend continuation 🔼 ZILUSDT is printing a falling wedge pattern.
Price is testing the wedge resistance.
RSI is printing a bullish divergence signal.
Price action is printing the double bottom reversal pattern.
Buy entry ⬆️ - breakout above the falling wedge resistance + double bottom neckline resistance.
Target 🎯 - resistance levels.
Setup invalidation ❌ - breakdown below the the double bottom support.
Can we touch ATH of ZIL in Few Weeks?As you see in the chart we have strong ascending channel in daily time frame, we can see that price has reacted several times to the midline and top and down of the channel and make it reliable, in case of strong Rejection by Midline marked as number 4 eliot wave , we could be hopeful that bullish continuation will touch top of the channel and also hit the ZIL ATH in a few weeks.