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Zilusd

$ZILUSD - RSI straddling the middlezone.March 22 was a great month indeed, as ZIL-KRW pairing pushed price action from the doldrums into the stratosphere. Then April came and took the wind out of ZIL's sails and price dumped hard. But not hard enough, as evident by the retracement not meeting March's starting point, despite near similar volume. While it would be tempting to call in a bear market, RSI is straddling the middlezone, around 50, and until it dips, there is still a good chance the the bulls will step in and push price higher, which seems to be the likelier path of least resistance in this Elliot Wave 3 uptrend analysis.
BINANCE:ZILUSD
by googooboyy
1
$ZILUSD - Accumulation & DistributionA summarised understanding of Zilliqa's $ZIL accumulation and distribution events taking place. Accumulation 1: 33.2B moved. Accumulation 2: 61.9B moved. Distribution 1: 23.1B moved. A simple takeaway here is that we're seeing a decrease in the movement of $ZIL, which to me is a bullish sign aka hard core hodlers aren't bulging, while profit takers are profit taking, and there will be a point where they'll realise it's time to stop profit taking and let price appreciate, so that they can profit take later~
BINANCE:ZILUSD
by googooboyy
ZIL/USDT (Zilliqa) - Bullish Double-Bottom Support, Momentum 4HRZIL/usdt (Zilliqa) crypto price has double bottomed above 0.1220 in the 4-hour chart. Bullish momentum has also formed on the MACD indicator (4hr). Entry (long): $0.1324 Take Profit +18% (exit: $0.1564 Stop Loss -9% (exit): $0.1204 Note: Zilliqa price may pullback down intraday (shorter-term time frames) before this 4-hour setup rallies up. Support needs to hold above 0.1200 or this chart setup could be stopped out. Resistance needs to break and hold above 0.1350 to validate the pattern and potential rally. All content is Not financial advice. Trade at your own risk.
Long
by NoFomoCharts
ZIL daily chart has cooled off & could make another push upwardZIL (ZILLIQA) Daily Chart The Breakout started when it closed above the decending trendline. ZIL then made a bullish move upward and blew threw the Bull Market Support Band, which is super bullish for this daily chart. It has now broke past 4 major resistances and moving toward All Time High at $0.25... Price Targets Listed. The RSI is definitely getting OVERSOLD neighborhood, So unless your HODLing this Asset, be sure where you want to take profits. As the RSI curls the bottom up the price could make another move now...
Long
by bylerzone
2
Zilliqa (ZIL) gotta love bullish math.I realize that ZIL may wobble a bit here and there over the next several hours, maybe a day or more. However, from the simple mathematical chart that I've thrown together here, I think we could be in for a good rise if we can just push past that heavy resistance level at about ~T0.1375. I've assembled this chart to try and be a simple as possible when conveying mathematical charting. There is obviously more that goes into this, however for right now-- this rule of thirds is always something to look for when on an hourly/4hour resolution. More to come on my channel. I feel that ZIL, ETH and many other tokens are currently VASTLY undervalued. Bottom, basement prices. Like I said... Patterns, baby. ♠️🤫🐿
Long
by FutureAmericanExpat
4
ZIL/USDT - Cup & Handle formed on the hourly chart. Is a Cup and Handle Pattern Bullish? As a general rule, cup and handle patterns are bullish price formations. The founder of the term, William O’Neil, identified four primary stages of this technical trading pattern. First, approximately one to three months before the “cup” pattern begins, a security will reach a new high in an uptrend. Second, the security will retrace, dropping no more than 50% of the previous high creating a rounding bottom. Third, the security will rebound to its previous high, but subsequently decline, forming the “handle” part of the formation. Finally, the security breaks out again, surpassing its highs that are equal to the depth of the cup’s low point. Source: www.investopedia.com I think we will see the bounce upwards in the coming hours ahead.
Long
by thecryptoapex
3