ZIL/BTC (Testing Key Support)💎Technical Analysis Summary💎
BINANCE: ZILBTC
-Zilliqa is now testing key support area at 120s sat
-It is also trading inside a descending channel
-If the Bulls can show up and give any reversal signs
-I recommend buying the breakout of the wedge
-The upside potential is up to 200 sat area
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Zilusd
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
Ziliqa In Wide Trading RangeZiliqa is a big project for Enterprise-grade smart contract solutions. They are gaining traction in the market step by step but what about the technical outlook for the price chart?
ZILUSD is currently stuck in a fairly wide trading range, with 25% upside to resistance and 25% downside to support from current price.
Until we see a breakout by entering the yellow shaded box there's no way of telling how long this consolidation could last...
At this point traders may be looking to accumulate or wait until the resistance level is turned into support (as indicated by the green drawn line).
Note: SparksterSignals (including our technical analysis and our algorithmic backtested signals) are not provided as financial advice.
ZIL/BTC (Trendline Resistance Retest?)ZIL/BTC
-Zilliqa is currently testing previous support area at 174 sat
-The price is holding this range for 2 weeks already
-The 200D MA is now following the price
-This is an aggressive entry if you are expecting the price to break higher
-But I always recommend buying the breakout of this trendline resistance
-Buying the breakouts signals a strong potential trend change
Zilliqa getting on the move!Hey, I am back with another Crypto idea, this time looking at Zilliqa.
So I was doing TA, on Zilliqa few days and I have spotted that the price of ZIL/USDT is in a cup and handle bullish pattern,
The price is currently testing previous resistance area of the whole breakout, and confirming it as support area.
- I am also waiting for a Higher high confirmation
- MACD 4H buying wave has started.
- RSI is in uptrend.
So from now, the trend of Zilliqa moves should be upward.
Cheers,
Tibor
Zilliqa coming out of in Cup and Handle Pattern!Hey, I am back with another idea, I did not wanted to post another Crypto idea today, but why not! This is a too good opportunity for you guys to miss out.
Okay, so bassicaly Zilliqa is in strong Cup and handle pattern and is about to break out of the handle, awaiting at least 20% move!
Daily uptrend, higher lows and etc. it's bullish in the TA section.
So that's it really from this analysis, if you would like more similar analysis, let me know by dropping that Agree button haha,
Cheers,
Tibor
Zilliqa is Breaking out!Hey, I am back with another crypto idea, this time looking at Zilliqa or ZIL.
So the price of ZIL has broken resistance and is now breaking out, so it's now a good idea to buy into the breakout.
The pair is in strong uptrend, with Daily rsi peaking above 60, which is a sign of strong volume incoming.
So again, Buy the breakout and take profit at
0.02440 and 0.02740 (27% total).
Good luck with this trade! And don't get too greedy.
ZIL/BTC (Trendline Break? Bullish?)ZIL/BTC
-Zilliqa may have found the bottom at 150 sat range
-This is a confluence of previous resistance now turned support
-We can also see a Bullish reversal candle last 2nd of August
-Today, it is trying to break outside the trendline resistance
-If the daily candle can close with a body outside the trendline
-Chances of going up will be higher
-The potential upside is up to 280 sat area
-Bearish scenario, breaking below the green support will invalidate this idea