Zilusd
ZILLIQA UP TREND CHANNEL HOLDING $ZIL $ZILUSDTUptrend channel holding for quite many times, expect bounce this time too, nice R/R for long, stop loss will be below the uptrend line after candle close confirmation.
TP 1 will be in the middle line of the uptrend channel, TP 2 aim for the high of the channel.
$ZIL Next Move Should Be Violent! Best Time to Enter? NOW!Zilliqa currently has it's deposit and withdrawal suspended due to mainnet update on Binance, so it actually need an accumulation prepartion for it's parabolic move.
Next update from CEO and the whole dev on 16 June 2019. It's getting closer. Zilliqa has a lot of fanatic supporters. No doubt, this one will aging so well.
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Zilliqa $ZIL forming H&S - VERY BULLISH!Zilliqa $ZIL has been trending downward over the last few weeks and looks to have found a bottom and is now forming a head and shoulder pattern. If this plays out then the pattern will be complete around June 7 and will be aiming to break out of the downtrend. The timing is perfect as Zilliqa smart contracts are introduced on June 10. Zilliqa also expected to announce partnerships on their Zilliqa Day celebration a few days later. Many reasons to be bullish on this one.
Zilliqa Price Analysis ZIL / USD: Jumping Above The AverageZilliqa / USD Short-term price analysis
Zilliqa has a bullish short-term outlook, with the cryptocurrency advancing to a fresh monthly trading high.
The four-hour time frame shows a valid head and shoulders pattern, with ZIL / USD bulls working hard to negate the bearish pattern following a false downside breakout.
Technical indicators across the four-hour time frame have turned bullish and continue to signal further upside gains for the ZIL / USD pair.
Pattern Watch
Traders should note that a large inverted head and shoulders pattern will form if the bearish pattern is negated on the four-hour time frame.
Relative Strength Index
The RSI indicator is bullish on the four-hour time frame, although it is now correcting from extreme overbought conditions.
MACD Indicator
The MACD indicator is bullish on the four-hour time frame and continues to issue a strong buy signal.
Fundamental Analysis
Zilliqa is steadily gaining momentum after the news that the project is getting ready to enable smart contracts on June 10. The project has also reported that the Ledger support for native ZIL tokens is underway, which also had a positive effect on the price.
Zilliqa / USD Medium-term price analysis
Zilliqa has a bullish medium-term bias, with the cryptocurrency recovering back above its trend-defining 200-day moving average.
The daily time frame is showing that a complex inverted head and shoulders pattern may be forming, following the recent strong advance in the ZIL / USD pair.
Technical indicators on the daily time frame are turning higher and show scope for further upside gains.
ZIL / USD Daily Chart by TradingView
Pattern Watch
Traders should note that the October 2018 swing-high may be the upside target of the potential inverted head and shoulders pattern on the daily time frame.
Relative Strength Index
The Relative Strength indicator is bullish on the daily time frame and is highlighting the growing medium-term strength in the ZIL / USD pair.
MACD Indicator
The MACD indicator is bullish on the daily time frame, with both the MACD signal line and histogram generating buy signals.
Fundamental Analysis
Although for the past six months Zilliqa has shown some clear signs of development, its ecosystem remains small. The project needs to start implementing its pilot programs into viable adoption use cases, otherwise it will continue to lag behind large networks.
Conclusion
Zillaqa has staged an impressive upside recovery, with the cryptocurrency shifting its medium-term trading bias and advancing above its 200-day moving average.
If buyers can negate the bearish pattern on the four-hour time frame a much larger bullish pattern will start to form on the daily time frame.
Zilliqa/Tether (17 May) #ZIL $ZIL #USDT $USDTZIL is in the process of re-testing the support line. I checked and there's a high possibility we will test successfully. Because we are in RED Market, please divide your capital to prepare for possible bad situations
The recommend buyzone is 0.0164$ and 0.0154$
ZIL still owes us the 0.02265$ level. I expect ZIL can do it
Stoploss if price is lower than 0.015$ and will consider buying back at 0.014$
ZILUSD PepsiCo Blockchain ZILUSD PepsiCo Blockchain Trial Brings 28% Boost in Supply Chain Efficiency
Food and beverage giant PepsiCo has conducted a blockchain trial that brought a 28 percent boost in supply chain efficiency.
Dubbed “Project Proton,” the trial set out to examine if blockchain could address “industry challenges” in programmatic advertising.
PepsiCo’s project partner and media agency Mindshare announced the news Monday, saying that it assisted in the trial, which carried out a programmatic end-to-end supply chain reconciliation using Zilliqa’s blockchain platform. The effort compared a control budget with one for the test to gauge the effectiveness of the technology.
Zilliqa’s smart contracts were further used to automate the programmatic supply chain, Mindshare said, explaining:
“These smart contracts reconcile impressions that are delivered from multiple data sources with payments facilitated using an internal Native Alliance Token (NAT) all in near real time, resulting in major efficiency gains and complete transparency for the brand owners.”
The results indicated efficiency increases “in terms of costs for viewable impressions, in running the campaign through smart contracts, versus one without,” according to Mindshare.
Other partners in the project included online advertising company Rubicon, programmatic marketing technology firm MediaMath and media firm Integral Ad Science.
The trial was conducted in March in the Asia Pacific region. The partners now plan to run a second phase with the addition of payments to publishers and more performance metrics.
ZILZIL showing some bull divergence and we saw some heavy on-chain volume come in today, which bodes well for the near-term at least
We can see it resting in a cluster of demand zones and could spring out of here if we can break from the 410 sat area
We could return to the HVN/POC of this range or even test the other side of it giving some nice gains
Thanks guys!
Zilliqa / USD Technical Analysis: Leap ForwardZilliqa / USD Short-term price analysis
Zilliqa has a bullish short-term outlook, with the cryptocurrency enjoying a strong bid tone as the new trading month gets underway.
The four-hour time frame shows a bullish inverted head and shoulders pattern, with buyers now probing the neckline of the bullish pattern.
Technical indicators across the four-hour time frame are signalling further near-term gains for the ZIL / USD pair.
Pattern Watch
The overall upside projection of the inverted head and shoulders pattern on the four-hour time frame would take the ZIL / USD pair towards the current yearly trading high.
MACD Indicator
The MACD indicator is bullish on the four-hour time frame, with the MACD signal line issuing a strong buy signal.
Relative Strength Index
The RSI indicator is bullish on the four-hour time frame, although it is moving away from extreme overbought conditions.
Fundamental Analysis
The short term uptrend move can also be supported by the approaching end of the bootstrap phase (estimated to be on April 2nd, 2019), and the token swap which is planned for later this month. These are important steps to allow the use of Zilliqa’s blockchain at a full scale.
Zilliqa / USD Medium-term price analysis
Zilliqa has a neutral medium-term outlook, with the cryptocurrency moving towards a test of its trend defining 200-day moving average.
A bullish breakout has occurred on the daily time frame, with the ZIL / USD pair moving above a large descending price channel.
Technical indicators on the daily time frame are turning higher and continue to show that bullish momentum is gathering pace over the medium-term.
Pattern Watch
Traders should note that the descending price channel on the daily time frame has been in play since January this year, making the recent breakout technically significant.
MACD Indicator
The MACD indicator is bullish on the daily time frame, with both the MACD signal line and histogram trending higher.
Relative Strength Index
The Relative Strength Index is bullish on the daily time frame and is signalling further strength in the ZIL / USD pair over the medium-term.
Fundamental Analysis
The medium-term potential of the project is pegged to the ability of the team to start implementing the project’s partnerships. The recent announcement of the successful collaboration with Mindshare on a live advertising campaign in Southeast Asia is a positive sign, and could be the beginning of Zilliqa’s road to wide adoption.
Conclusion
Zillaqa has an improving trading outlook over the short and medium-term, with both time frames now showing bullish patterns.
If buyers can move price above the ZIL / USD pair’s key 200-day moving average, the cryptocurrency is increasingly likely to target towards its current yearly trading high.
Zilliqa (ZIL) | +182% PP | FREE TRADING SIGNALPair : ZIL/BTC
Exchange: Binance
Trade Duration: Medium
Risk: Low
Signal Strength: High
Introduction
Zilliqa is a new public blockchain platform for high-throughput applications. It brings the theory of sharding to practice with its novel protocol that increases transaction rates as its network expands. The latest experimental results demonstrate a throughput of more than 2,800 transactions per second, which is over 200 times higher than that of today's popular blockchains. In addition to its scalability, Zilliqa provides a secure and efficient smart contract language called Scilla to enable security-by-design smart contract programming and verification.
See attached chart for Technical Analysis
Our Entry Zone
0.00000470 - 0.00000520
Our Targets
1: 0.00000575
2: 0.00000675
3: 0.00000993
4: 0.00001325+
Our Stop Loss: 0.00000423
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