Zilusd
ZIL Above the Clouds. Slow, Methodical Gains. Stake it ALL!Really bullish on ZILLIQA. Great infrastructure and team. Waiting for alt season to kick in and ZIL will go gangbusters. Near term target set at .13. Once this level has been breached prepare for a continued bull run to previous ATH and beyond. Connect your ZILPAY wallet to ZILLION for a multitude of staking option. Enjoy the ride.
ZILUSD H16: 150% gains BEST level TO BUY/HOLD(SL/TP)(SWING)Why get subbed to me on Tradingview?
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ZILUSD H16: 150% gains BEST level TO BUY/HOLD(SL/TP)(SWING)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
previously recommended buying low.
🔸 Summary and potential trade setup
::: ZILUSD 16hour chart review
::: THROWBACK INTO ACCUM RANGE
::: accumulation in progress now
::: 150% gains is not a typo
::: already BROKE OUT
::: MARKET BUY NOW / 400% upside
::: LONG RANGE OUTLOOKS
::: this is not for short-term traders
::: accumulation NOT COMPLETE YET
::: 150%+ gains still possible
::: currently trading near range highs
::: BUY/HOLD setup TP +150%
::: previously recommended buying low
::: up to 1000% gains possible later
::: SPECULATIVE SETUP
::: do your own due dill
::: and use proper risk management
::: TP bulls is +150% gains
::: details: see chart
::: SWING TRADE: BUY/HOLD IT
::: bull run not over yet
::: good luck traders!
::: BUY/HOLD and get paid. period.
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BULLS
::: Sentiment short-term: PULLBACK/RANGE LOWS
RISK DISCLAIMER:
Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
ZILUSD Touching TrendlineAn idea for ZIL
Green dotted line is the trendline being touched
This will hold as per fib circle touch also
Likely will result in an inverse H&S and then further upward movement
Which I have plotted with the green Bars Pattern
Is there a silver lining in $ZIL's clouds or just gloom & doom?NOT FINANCIAL ADVICE
Should we get bullish or do we stay bearish?
Let's take a dive on the Macro level for $ZIL using the Ichimoku Cloud indicator.
For the uninitiated on Ichimoku Clouds, Investopedia has a good introduction here .
With that out of the way, based on $ZIL's macro Weekly chart, here we consider the bearish and bullish signals from this indicator.
1. Price Action VS the Kumo Cloud.
Bearish: This week's candle is threatening to break into the Kump cloud and is within touching distance.
Bullish: It hasn't broken and trade inside the cloud! The near horizontal Kumo cloud means that $ZIL may have a few more weeks to stabilise and steer itself away from it.
2. Chikou Span vs Price Action.
Bearish: The lagging span descending towards historical price candles and crossing downwards is a bearish confirmation and usually a sign of exhaustion of an asset.
Bullish: As this is a lagging indicator, it could be nothing more than just a trend analysis rather than a prediction of future movements.
3. Tenkan Sen vs Kijun Sen
Bearish: Tenkan sen is threatening to cross the Kijun sen, especially if the crossing is below the Kumo cloud.
Bullish: No crossover is yet seen. Also, even if there is a crossing, it will occur way above the Kumo cloud.
4. The Kumo Cloud (Senkou Span A + Senkou Span B)
Bearish: A thin cloud means the support level of the Senkou Span A is deemed weak -- may break anytime.
Bullish: The cloud is widening at the ends, and as Span A moves further away from Span B, a strong trendy green cloud is created.
So what does all the above mean? Why am I dissecting both bearish and bullish scenarios here?
Quite honestly, I am still sitting on the fence with $ZIL here, especially with the diminishing volume.
While I use Technical Analysis to try to predict the path of least resistance for price movements, I am simply unable to put a pin on it today.
We may be at an inflection point, where the price is so sensitive that it could move either way at a moment's notice.
I would like to call it 'Price Fragililty', while some may prefer to call it 'Price Volatility'.
Where is the silver lining playbook when you need one, eh?
Until next time, happy trading~
$ZIL Wave II retracement may not yet be over~NOT FINANCIAL ADVICE
We may have not seen the worse part of this Wave II retracement, which looks like a 5-3-5 Corrective Waves ABC.
On the Daily charts, It does seem to confirm the completion of Wave A (5 impulse waves down), Wave B (3 corrective waves reversal).
While price action may have retraced (from ATHs) touching the expected 0.618 fib levels, but due to late 2020's insance parabolic bull run, an overcompensated corrective waves can be expected.
While there are no theories that confirms this, the tingling elliotician in me tells me that there is a good chance that we can anticipate an impulsive Wave C down, which is currently underway.
A decent price target of $0.058 means Wave II will retrace and touch 0.786 fib levels before making its way towards new ATH on a good Wave III towards the end of this year with a target price of $0.311 at least.
With such price targets, we are looking at a possible gains of 536% gains ($0.311/$0.058 * 100%).
Good luck with your trades~!
$ZIL bottomed, decent trade but missed the ideal entry$ZIL has made a double bottom and back above daily support. ideal entry would have been 10168 satoshis, but it still offers a decent risk/reward trade if taken now. Alternatively it's also possible to wait for it to retrace a bit which would define a higher stoploss and offer a better R/R (but more risky) trade
ZIL 1D Let's get up there! It's sink or swim around hereIn April-May 2021, the ZILUSDT price tried to renew the maximum, which had been held since May 2018.
However, the price of ZILUSD could not confidently do this, and as a result, in May 2021 we saw a drop from $0.25 to $0.07.
Now the price is trying to recover, and the critical zone from above is $0.174-0.194
If the price can gain a foothold above this zone , then it will be possible to consider a set of long-term investment positions with the first targets from above $0.90-1.00
However, if sellers activate in the critical zone, then theoretically the downward fall may be even stronger than in May, and the level of $0.025 will act as strong support from below.
A positive mood can only be added to the ZILBTC chart, where, based on the chart, there is still a growth potential up to 550-600 sat. and even up to 700sat.
Write your thoughts in the comments regarding the possible future movement of the ZIL price
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💡Don't miss the great buy opportunity in ZILUSD @zilliqaTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.1200).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. ZILUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 63.
Take Profits:
TP1= @ 0.1555
TP2= @ 0.1830
TP3= @ 0.2070
TP4= @ 0.2275
TP5= @ 0.2560
SL= Break below S2
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Now, It's your turn!
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ForecastCity English Support Team ❤️
💡Don't miss the great buy opportunity in ZILUSD @zilliqaTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.1200).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. ZILUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 63.
Take Profits:
TP1= @ 0.1555
TP2= @ 0.1830
TP3= @ 0.2070
TP4= @ 0.2275
TP5= @ 0.2560
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
Convenient location for ZIL digital currency tradingThere may be a harmonic pattern in the chart above, so the price is likely to jump to the following targets.
Ascending Targets
0.14732630
0.18238909
0.22033375
Specific descending targets
0 08248415
0.05942917
Be successful and profitable ...