Zilliqabitcoin
Zilliqa is almost ready for a big movePreviously I posted an idea, in which the Zilliqa formed a bullish Shark. Now the idea has been executed and produced more than 64% rally so far.
Now, on weekly chart, the pricline of Zilliqa coin has been rejected by 100 SMA and also having good support of 50 SMA as well.
The priceline of Zilliqa has formed a falling wedge pattern on 7 days chart. And now likely to be rejected by the resistance. Therefore we can expect another retest of support before the breakout.
On daily chart, the price action has been rejected by 200 SMA. The 50 SMA is below the 200 SMA, if the 50 SMA will move up and form golden cross with 200 SMA then a breakout will be confirmed.
For a long time period the price action of Zilliqa is moving below the bearish cloud, now the cloud is weak therefore there is strong possibility for a powerful bullish rally soon.
ZILBTC formed bullish Shark | Upto 61% move aheadHey friends, hope you are well and welcome to the new update on Zilliqa coin.
On a daily chart, the price action of ZIL has completed the final leg of bullish harmonic Shark pattern and entered in a potential reversal zone.
Buying And Sell Targets:
The buying and sell targets according to the Fibonacci sequence of harmonic Shark pattern should be:
Potential reversal or buying zone: 0.00000132 to 0.00000115 btc
Fibonacci projection or sell zone: 0.00000149 to 0.00000186 btc
Stop Loss:
The potential reversal zone area that is up to 0.00000115 can be used as stop loss in case of complete candlestick closes below this level.
Possible profit and loss ratio:
As per above targets, this trade has a profit possibility of 61% and as per the above-mentioned stop loss, the loss possibility is 13%.
Note: The idea above is for educational purpose only, do not take it as investment advice.
After amazing call on ZIL ..what next ?Hello friends
after amazing call on zilliqa (ZIL) few hours ago
You can see here my original idea before breakout :
I told you to buy at break ..
the price was mooning after breakout and give us around 20% profit after break only
Many members ask me what are next moves or targets
You can see in chart i expect zil to retest the trend again and most likely it will be a successful retest
If that happens will be a good opportunity for another big move
Toward 220-300 sat (short - mid term)
⛔Dont forget the stoploss
I hope my ideas help you in your trading
Good luck 🌹
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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ZILBTC 440% bullish move and a bullish reversal patternHi friends hope you are doing well and welcome to the new update on Zilliqa coin. Zilliqa has surged more than 440% and in today's article we will try to understand how this coin completed the setup before this bullish move and what the price action can do next?
A formation of big pennant:
A year ago on 21st June 2019 I posted a chart where I revealed that the price action of Zilliqa coin is moving within a pennant on weekly chart And it take a bullish divergence at any time. At that time the price action found the support at 0.00000200 sats. Froom May to June 2019 the price action moved above 0.00000200 sats support and again moved down at the support of the pennant. Since then it was moving with the support of pennant and finally found the last support at 0.00000055 sats.
The price action left the pennant directionless and moved sideways from September 2019 to April 2020. And finally took a powerful bullish divergence and produced more than 440% bullish rally. If we place the Fibonacci tool from the tail of the pennant up to the support of 0.00000055 sats then the sell targets would be as below:
1st target 0.382 Fibonacci projection at: 0.00000300
2nd target 0.50 Fibonacci projection at: 0.00000370
3rd target 0.618 Fibonacci projection at 0.00000440
4th target 0.786 Fibonacci projection at 0.00000540
The above is the projection tail of the pennant to the support of 0.0000055 sats.
The strong resistance:
After hitting the first target at 0.00000300 sats the price action also has found a strong resistance at this level. This 0.00000300 sats level is really very powerful resistance for the priceline as it has never been broken out since after it was broken down. We have seen several attempts by the price action from the May to June 2019 and after a long time the price action again has attempted to breakout this resistance and now it is rejected again.
The simple moving average resistance:
If we place the simple moving averages with the time period of 25, ,50 and 100 on this weekly chart. Then it can be also observed that the price action also has a strong resistance of 100 simple moving average on this long-term weekly chart. And the 25 and 50 simple moving averages are below the price action but the distance between the candlesticks and these moving averages is very big. Therefore if the priceline will be moved down to have some support by these moving averages then there can be a drastic drop of around 100%. Because at this time the 25 simple moving average is at 0.0000097 sats. However if the moving averages will be moved up to provide the support to the candlesticks then the price action will not take a big drop.
A bullish reversal pattern on small time period chart:
Now if we switch to this small chart with the time period of 2 hour. Then we can notice that priceline is continuously forming different harmonic patterns. First the priceline formed a bullish Cypher pattern (Here I have ignored a small difference of C leg) and after taking bullish divergence from the potential reversal zone of Cypher the priceline also formed another bullish BAT. At this time price action of Zilliqa is moving in the potential reversal zone. This potential reversal zone should be used as stop loss because if the priceline will break down this potential reversal zone level. Then it can move more down to complete the final leg of bullish Butterfly pattern. Even though these harmonic moves are not formed on as that much big time period chart that can provide a strong push to the priceline to breakout the 0.00000300 sats resistance but how ever it can be helpful for the priceline of Zilliqa.
Conclusion:
After taking the first bullish move this is first time the price action has started a correction rally. Therefore this drop was required for the healthy bullish move. Therefore we cannot consider it as a big drop unless it will not cross down the 0.786 retracement level.
ZILLIQA 👁️🗨️| How Zilliqa Can Help The 9th Season Of GOT🔞Zil has made a mind-blowing 1,200% run since the COVID bottom, despite being in a longterm downtrend before that. While the trend still good, ZIL is coming into a heavy amount of resistance.
Will the bulls keep this momentum going, or is ZIL ultimately headed back down? Let's take a look at some levels to see what both the bulls and bears are up against.
Support:
As you a see, there aren't a ton of support levels showing on the chart. This is because the velocity of the most recent move has made it so we can only detect some key levels on lower time frames.
Within the first range on the chart, there are notable support. Even though its levels can't be seen here, this is the ideal place for bulls to find support if there is a pullback.
The S1 S/R flip and the S2 S/R and orderblock both give the bulls a chance to revisit lows if we do head down there, although the trend will be pretty dismal at that point. Meanwhile, at the bottom, we have one last bullish S/R flip that may act as a support of last resort at S3.
Resistance:
The bulls have a lot of resistance to contend with above. First up Is the R1 bearish S/R flip and orderblock cluster, after is the R2 S/R flip. These both come from the range formed in 2018 before the big drop. It'll be important for the bulls to make it up here and find support (without fully breaking momentum) if they want to contend with higher levels.
Our next resistance after is the swing high of that aforementioned move at R3.
Above R3 is the R4 orderblock that was formed on the way down during the immense downside move.
Continuing up we have the R5 orderblock + S/R flip cluster.
Again, these two come from a range made on the way down in 2018.
At R6 we have an orderblock near the range highs of the noted range.
Next, we have R7 which is an S/R flip that seen heavy respect as price attempted to swing up.
Lastly, we have the R8 and R9 bearish orderblock which are the last points of resistance for the bulls before making all-time-highs; an unlikely, but possible, event.
Summary:
The bulls need serious momentum to keep going, but the longer it goes the more overextended the move becomes.
Support will need to be found eventually, but stopping to find support means losing momentum, which may be worse than becoming overextended.
Bulls are playing a dangerous game, but this trend is jaw-dropping and so are the returns so far.
Resources: twitter.com
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#ZIL/BTC (June 10)ZIL is our super signal that I recommended all to buy it when it was at dip.
And at this moment, it is so crazy and if you didn't have a map for it, you would be lost.
Next target of ZIL is about 330sts that you should get out because its volume is decreasing gradually, and 330sts is also the super resistance zone that you will not want to bet on it
After sold everything at 330sts, we will wait to buy it back at 225sts for the last wave ride to above 400sts
Remember, 200-225sts is the only support zone that we can believe in.
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. =))
ZIL / BTC Promising Decent Gains As A MID-TERM Hold IdeaAfter forming the bull flag, ZIL is trying to break the falling wedge of the bull flag. Set your alerts on TradingView and as soon as it crosses the upper trendline jump in the trade. After reaching the first target, set your stop losses to break even to prevent sudden losses!