Zilliqa
Short idea - ZIL/BTCIt seems to be a good selling opportunity on ZIL / BTC.
This pair has been moving in a downward channel for more than three months.
The price is close to the upper channel's frontier, plus there is a clear horizontal resistance.
The downward trend reserve is about 20 per cent, to the middle of the descending channel.
Good risk/reward ratio.
You should wait for ATS confirmation at least on the four-hour timeframe to enter a trade.
ZIL breakout falling wegdePlease feel free to share your view on this pair down below in the comment section. I'm more than happy to be challenged and have an interaction on this idea.
Also make sure to leave a like as it helps me out a lot!
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- Falling wedge = bullish
- Breakout on the daily
- Next resistance @ 230 sats
- Breakout = size of the wedge => New high in 2020 @ 340 sats
What I am looking for in order to enter this position:
- Retest of the top line of the wedge
- Accompanied by a spike in volume
My first target would be right below the resitance zone @ 230 sats, which makes for an easy 20% profit.
My second target would be the new high with a trailing SL of about 15%
What's your opinion?
Zilliqa (ZIL) Is Ready For Another Green Walk (92%)Zilliqa (ZILBTC) is getting ready for another round of green.
Here I am mapping 90%+ for the next bullish jump.
We have all the classic bullish signals coming from this chart but the main one to look at is the MA200 black line...
Above this level, strong bullish action can always take place.
Namaste.
Bullish signs apparent HERE are resistance levels to watch forThe current situation:
1. Price action is now above all major moving averages with the latest one it just gotten above to be the 3D 21MA at about 0.0195 USD, which is a bullish sign. It is important to see if the price action closes above this moving average however as falling below it may change the situation.
The price action is still apparent within the roughly rectangle pattern, with resistance to be expected at about 0.275 USD and above, where the top trend line is.
2. Increasing buyer volume is trending with higher price action on the 6, 12HR and daily chart. This is a good signal as more buyers are still coming in to push the price higher.
3. Possible bearish divergence can occur on the 1, 4, 6, 12HR and daily chart so this may still signal a pullback if they play out.
*Thank you to those who donated, I very much appreciate it.
*Let me know in the comment section if you agree or disagree, would love to hear your ideas too.
*These are purely my speculations and not financial advice. You should always do your own due diligence before trading or investing.
ZIL/BTC Testing Resistance for a BreakoutAs you can see from the chart, ZIL/BTC has been retracing since its massive rally in May-June. Until now, prices have been trading just below the 200 EMA for all of September.
Here we are looking at the daily time frame for ZIL/BTC on Binance. Over the last couple days, we can see increased volume on ZIL/BTC. Also, prices are now trading above the 50, 100, and 200 EMAs, which is bullish. The MACD has crossed into bullish territory and the RSI is strong too. I am currently bullish on this chart but waiting for the breakout for confirmation. This chart can easily print higher highs on a breakout, and the potential immediate breakout targets are 230, 280, 330, and 380 satoshi. Keep your eye on this one!
ZIL/BTC is however facing some resistance in the 185-190 satoshi range. There may be some rejection here, at which point we can wait to see the price retest the immediate support in the 150-160 satoshi range. But, if ZIL/BTC breaks out, then we can look to enter long in the 190-210 satoshi range.
Leave your thoughts and comments on whether you agree or disagree below. Also leave a like/follow if you liked the analysis! Thanks for reading, happy trading.
Price at writing: 0.00000182 BTC (182 satoshi).
THE HIDDEN GEMS OF ZIL/BTC AND BREAK THE LINE a.k.a BREAKOUT================ BINANCE:ZIL/ BTC ================
ZIL / BTC breakout the line
as u can see
ZIL HIT THE BREAKOUT LINE
maybe it's time the WEAK UP
and make revearsal pattern tu bullish time
the reason
1. zil cross the falling wedge
2. bullish engulfing
3. the price is up from ema 14,20,50,100,200
2 scenario
1. bulish, bullish and bullish
2. need corection in golden ratio and up to hit another tp
horizontal blue line is support and ressistance and it mean you can take profit.
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Trading is High Risk
THIS IS NOT ADVICIAL MANAGEMENT
Please use Risk Management and your stop loss
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support my channel
Thumbs Up, Comment & Follow
Happy Trading
Thank You and GOOD LUCK! :)
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Zil/btc break of downtrend channel and hold supportZil/btc
After break of downtrend channel zil/btc on good support now
If it can hold support at 167 sats few days or maybe hours (lol)
High chance we can view big move in short term toward :
TP 1 = 198 sat
TP 2 = 220 sat
TP 3 = 245 sat
Stop loss daily close below 162
Zilliqa in a ascending triangle!I pretty busy today, but still wanted to post some analysis for you guys.. :)
Zilliqa is in ascending triangle formation, which has bias to break to the upside.
Buy in ascending triangle, ideally on the uptrend line.
Take profits at
1720 and below 1800.
Leave the trade if the price goes below 1580.
This should go well!
Tibor
ZIL.USDT (Y20.P4.E1).Looking for an entryHi All,
Most ALTs are doing bottom formations before we see many brake out.
Zil is one of those who has a decent trend, most important to reduce your risk exposure.
Keeping it short, I see this bullish for the next two weeks.
Based on the chart and indicators, with the BTC dom. dropping while BTC it accumulates \ consolidates sideways, we see the ALTs rise.
Here is my thoughts on Zilliaq for the short term.
Note the following:
> the structure at the macro (wedge structure) level and micro level (ABCDE) reversal;
> the % returns from the bottom to the Aug high 1215%
> elliot 12345, and looks like the ABC correction is complete;
Cheers,
S.SAri
Note the eMAs and fib levels.
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Daily chart
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2 Day chart.
Note the double bottom, + RSI bottom double bottom with bullish divergence on the Phoeix, and the Green RSI passing the 50% mark. A sign of strength.
My hypothesis for now
ZILUSDT AnalysisI am bullish on ZIL at the moment while EngineeringRobo remains Bearish.
If you are currently holding ZIL at the moment, You should consider holding to sell at the resistance level (0.0195) or with EngineeringRobo sell signals
If you are planning to buy, wait for EngineeringRobo buy signals or buy at uptrend support line.
No matter which level you are buying, watch EngineeringRobo signals carefully. If you are wanting to use EngineeringRobo, DM me!
✳️Zilliqa [ZIL/BTC] on Sept-10 #ZIL $ZIL #ZILBTCZIL just had a false break out of the old bottom around 145sts and the MA200 of 1D.
And ZIL has a great opportunity to return to the uptrend.
The closest target is the 190-200sts zone, if it breaks this zone, ZIL will easily hit the 250sts and 300sts zone this September.
Private Signal :
Zilliqa breaking out from a bullish pattern!If you follow me, you know that Zilliqa is in daily cup and handle pattern, and currently is breaking out from the handle. I expect the price of ZIL to go at least to $0.028 in a week or more.
Zilliqa is currently breaking out from a falling wedge bullish formation.
Buy at the nearest 5 min support, or buy market.
TP is below 0.02600 (13% from current price).
RSI found decent support at 40, and currently has to break 60 in order to continue breaking out.
MACD has confirmed a buying wave by a second tick of buying wave.
EMA's performed a "slide".
Good luck with this trade.
Tibor