Zillusdt which way will it go?Zilusdt post with up and down targets in a channel hugging the heart line of the channel
Zilusd
ZILUSD on bitfinex where are we going?on the Bitfinex exchange Ziliqa reached the lower channel line and there was a strong ransom, this is a sign of further growth. Considering that a saucer or a cup with a handle was formed earlier for more than a year, the growth will be strong ... On the chart, I drew a possible movement of the coin with arrows.
Weekly timeframe.
This idea does not mean a guide to action, this is my personal vision of the situation ...
ZIL/USDWe might start a wave 1 of 3 really soon, set up some orders around this price range and let it come to you.
ZILUSDT - Bullish bias for the midtermTECHNICAL ANALYSIS:
Cup and handle formation on the weekly timeframe. This could lead to a bullish breakthrough of immediate resistances and might shoot up to 05c in the midterm. Time will tell how much further it could possibly go. Global support at around 016c, which thankfully hasn't been breached yet when BTC made it's moves.
Timeframe given on the chart is for reference and may not be accurate, it could stretch a little while longer to reach the potential targets
Setup will be invalidated when:
- Global Support is lost
- BTC makes any major move
- Fails to break resistance after handle formation
DISCLAIMER:
This is a noob idea, I am nowhere close to an advisor. Please DYOR and DD. You are responsible for your own profit or loss, I may also have been inaccurate in plotting support and resistance lines.
What's Up With Ziliqa?If you're HODLing bags of ZIlUSD then patience will get you through the night.
Ziliqa is on a consolidation phase that may last a while longer while other coins are rising higher.
Zooming out on the 3-day chart reveals the trading range for major consolidation
Despite breaking out of the current trendline, the 6-hour chart shows momentum is still pushing down. We'd want to see an 8% gain to get back above water in the near-term.
That's a good cup o' joewaiting to see a breakout to confirm...I'm overall long on ZIL but I can see this trend pulling back a little further.
Ziliqa Consolidating NicelyZILUSD is struggling with the 4-hour time-frame at the moment but from a 2-day and 3-day perspective things are looking very good indeed.
Price seems to have found good support around the 16 cent level to consolidate this months upwards price movement.
Our 40% target was delayed, but back in play.
Ziliqa at risk of 40% drop reveals new weekly candleThe weekly candle close was brutal.
After an indecision candle 2 weeks ago which pierced resistance and then closed below...
...then last weeks candle a steep red...
...and MACD trending down...
...given the meteoric rise we've seen in ZILUSD the past few months...
...it makes sense that Ziliqa may have to drop all the way down to find support, perhaps at the 0.011 level. A 40% drop from current price.
This is more likely to happen if BTCUSD does not somehow manage to quickly break it's consolidation range to move upwards, which as usual would probably bring the rest of the market up with it, including Zil.
Bottom line, traders are likely to be taking profit and looking for a cheaper entry position on Zil.
Ziliqa Target of 40% to 50% Gain2-day and 1-day momentum is now positive with a clear breakout of recent downtrend. ZILUSD looking to re-test local high once it breaks through immediate resistance.
Previous downtrend projection is now cancelled
ZIL/USDT (Flip Old Resist>New Support?)ZIL/USDT
-after the trendline breakout
-the price has pullback to previous resistance
-and has the chance to flip into new support
-there is also a new upward trendline support
-aggressive buyers can enter the market at this area
-while breakout traders will wait for the resistance at the 1950s
-and enter a breakout confirmation
-the upside target is up to 2130-2600s
ZIL/BTC (Break Trendline Resistance?)ZIL/BTC
-touches to 50D MA twice and reacted bullish on it
-the 170 sat range is also an are of confluence support
-we can the price challenging the daily trendline resistance
-the more it get tested, the more it gets weaker
-you can enter the break/close of trendline
-have a stoploss below the 50D MA
ZIL reboundHe go up to top of the falling wedge (about 0.0299 $)
After break out the falling wedge and retest with pullback, he ready to go up until BTC go up.
ZIL/USDT (Trendline Resist Retest)ZIL/USDT
-a strong bounce from the 1490s or 20% move up
-testing the trendline resistance
-if we are looking for a bullish entry
-we want to see a break of the trendline
-comeback and retest to become new support
-that's a good Buy position and target the up to 2122-2666
-stoploss is placed under 1490
ZIL/USD- Surely time to head North this week?Condolences to those that have ridden ZIL from the top on this 16 day retrace.
But.... Thoughts are that a turn around is in the cards within the next week or so.
Buyers seem more cautious over the last fortnight and the continued retrace has echoed through a lot of our favored ALT's.
I think we'll find some resistance on the way back up but entry on the break or support levels now seems more appealing due to the lengthy retrace.
There's certainly room for a further dip before a change in the trend but indicators look appealing for a reversal this week.
I'd be keeping on eye on this project over the coming days.
As always, not financial advice, just my thoughts and TA.
Thoughts and feedback welcomed.
Bingaz
ZIL next impulse to .04Zil looks to be completing the retracement of a wxyxz pattern. I believe will will retrace to about .0162 level, a support line that has held for zil in the past. This is also the .5 fib retracement level, giving further confluence. After this it looks like the 5th elliot wave impulse will take Zil to about .04.
ZIL/USDT (Potential Break of Trendline Resist)ZIL/USDT
-challenging the trendline resistance
-there is also a local resist at 2070
-new potential higher low is being established at 1900
-holding strong a previous resistance > new support
-good buy signal is the price break/close above the 2070s
-upside target is up to 2620s
-stoploss is placed under the 1900s
ZIL looking for a retracementIf zil breaks through this 12 hour ichimoku cloud I'm expecting a decent retracement to about .013-.014 area. This matches up with the golden pocket zone. Keep an eye on its next moves for confirmation. Feel free to comment your own analysis and thoughts.
Zilliqa Short Time Review (Zil Btc)If it can break the trend line from 230 satoshi, 270 satoshi is not far away. if it fails, it can try the bottom trend line and come to165 satoshi. It is my amateur work. it is not investment advice. good luck.
GodzilliqaI am looking for zilliqa to pull back to a level that coincidences with the 50 Day MA...however if we break below the level and the moving average we may be bearish but that mostly depends on btcs performance
