Breakthrough Ahead: ZIL Path to New HeightsZilliq (ZIL) is currently testing a crucial resistance zone (Purple) between $0.02345 and $0.02432, following a bounce from the support level at $0.02021. For approximately 17 days, the price has been consolidating within this range.
A breakthrough above the Purple resistance zone would not only breach the current barrier but also reclaim a significant structural level that has previously served as both support and resistance. If this occurs, ZIL is likely to target the next resistance levels at $0.02747 and $0.03224. However, if momentum remains strong, the price could potentially surge towards the Blue resistance zone at $0.03564 - $0.03792, a level that has historically triggered significant profit-taking and seller activity.
Traders should remain vigilant, as a breakout from the current Purple resistance zone, accompanied by increased volume, could signal the start of a rally. Conversely, failure to overcome this zone would likely lead the price back to the support level at $0.02021.
The upcoming move will be pivotal in determining ZIL's trajectory in the coming days or weeks. It is essential to exercise caution and wait for confirmation before taking action. Successful trading relies on discipline and patience, prioritizing capital preservation and focusing on high-probability setups.
Trade Setup
Entry 0.02496
S.L 0.02259
T.P1 0.02747
T.P2 0.03224
T.P3 0.03792
Zilusdt
TradeCityPro | ZIL: Charting the Peaks and Troughs of Zilliqa👋 Welcome to TradeCityPro!
In this analysis, I will examine the ZIL coin, which is part of the Zilliqa project. This analysis will cover both the daily and 4-hour timeframes.
📅 Daily Timeframe: Ready for the Next Wave
In this timeframe, we are observing a very large range box that is more noticeable in higher timeframes, but as you can see, the ceiling of this box is at $0.03592 and the floor is at $0.01235.
🔍 In the floor area of this box, we witnessed an Accumulation Zone. After breaking $0.01797, a new upward trend phase began, and the price moved up to the ceiling at $0.03592 and is currently in a corrective phase.
🧩 So far, the price has corrected to the 0.618 Fibonacci level, reaching $0.02010, and has tested this area twice, appearing to be forming a bottom there. A short-term resistance formed above this area coincides with the 0.382 Fibonacci level at $0.02475.
🔽 If the correction continues, the next supports are $0.01797 and the 0.786 Fibonacci area, which are significant levels. The ultimate support price is $0.01235, which was the previous price floor. Breaking this area could trigger a new downward wave, potentially moving the price towards $0.00893.
📈 Conversely, if the price can stabilize above the 0.382 and 0.236 Fibonacci levels, there's a chance it could retest the resistance at $0.03592. This resistance is more like a supply zone from $0.03592 to $0.04064, and the price needs to stabilize above $0.04064 to confirm breaking this area. If this resistance is broken, the next resistance will be at $0.05728.
📊 The market volume has been decreasing during the correction, aligning volume with the bullish trend. Stabilizing the RSI above 50 also increases the probability of a bullish scenario.
⏳ 4-Hour Timeframe: Range Box and Futures Triggers
In this timeframe, we see a range box from $0.02010 to $0.02343, with the price currently at the box's ceiling. The box ceiling and the 0.382 Fibonacci level are close to each other and could form a strong consolidated area together.
🔼 For a long position, breaking $0.2343 is suitable, but be mindful of the 0.382 Fibonacci level so you can make the right decision when the price reaches this area. The next resistance levels will be at $0.02896 and $0.03592. Entry of the RSI into Overbuy would be a good confirmation for breaking the resistance at $0.2343.
📉 For a short position, the best current trigger is $0.02010. Breaking this area would breach a strong Potential Reversal Zone (PRZ), and the price could initially move down to $0.01797 and then to $0.01610.
📝 Final Thoughts
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
ZIL can increase?BINANCE:ZILUSDT
ZIL has formed a double bottom
no break out yet! so we can't be sure of the incoming bullish movement we shall wait and see!
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This is not financial advice. Always manage your risks and trade responsibly.
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ZILUSDT: Will Zilliqa Explode or Collapse from Here? Yello, Paradisers! #ZILUSDT is sitting at a crucial inflection point. The market is testing a strong support zone that could either trigger a significant rally or lead to a steep drop. Are we about to witness a breakout or a breakdown? Let’s dive into the details.
💎#Zilliqa is currently approaching a key support level around $0.01788, a zone that has consistently acted as a springboard for bullish momentum in the past. This level has been tested previously, showing signs of strength. However, if the support fails to hold, it could spark a cascade of selling pressure, potentially dragging the price down to the next lower Demand at $0.01600.
💎For now, all eyes should remain on the current support zone at $0.01788. A decisive bounce from here, coupled with increased volume, could signal the start of a rally targeting resistance levels and beyond. Conversely, a failure to hold this zone would confirm a bearish breakdown, inviting further downside movement.
💎The RSI is hovering near oversold levels but hasn’t yet shown a clear signal for a reversal, leaving ZIL in a precarious position. This is a critical juncture, Paradisers. The next move could set the tone for #ZILUSDT in the coming weeks. Whether the market breaks out or collapses, remember to wait for confirmation before taking action.
Discipline and patience are the foundation of successful trading. Focus on preserving capital and only act on high-probability setups.
MyCryptoParadise
iFeel the success🌴
#ZIL (SPOT) entry (0.01600- 0.02300) T.(0.1) SL(0.01589)BINANCE:ZILUSDT
Entry (0.01600- 0.02300)
SL 1D close below 0.01589
T1 0.03300
T2 0.04400
T3 0.06200
T4 0.08900
T5 0.10000
1 Extra Targets(optional) in chart, if you like to continue in the trade with making stoploss very high.
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Golden Advices.
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* collect the coin slowly in the entry range.
* Please calculate your losses before the entry.
* Do not enter any trade you find it not suitable for you.
* No FOMO - No Rush , it is a long journey.
Useful Tags.
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#Manta #OMNI #DYM #AI #IO #XAI #ACE #NFP #RAD #WLD #ORDI #BLUR #SUI #VOXEL #AEVO #VITE #APE #RDNT #FLUX #NMR #VANRY #TRB #HBAR #DGB #XEC #ERN #ALT #IO #ACA #HIVE #ASTR #ARDR #PIXEL #LTO #AERGO #SCRT #ATA #HOOK #FLOW #KSM #HFT #MINA #DATA #SC #JOE #RDNT #IQ #CFX #BICO #CTSI #KMD #FXS #DEGO #FORTH #AST #PORTAL #CYBER #RIF #ENJ #ZIL #APT #GALA #STEEM #ONE #LINK #NTRN #COTI #RENDER #ICX #IMX #ALICE #PYR #PORTAL #GRT #GMT #IDEX #NEAR #ICP #ETH #QTUM #VET #QNT #API3 #BURGER #MOVR #SKL #BAND #ETHFI #SAND #IOTX #T #GTC #PDA #GMX #REZ #DUSK #BNX #SPELL #POWR
Zil local zones to buy backLocal zones for Zilliqa to buy back! Just a 12h tf BINANCE:ZILUSDT
All main Zil targets for bull run relevant! Its just a local trade zones on 12h
Possible Targets and explanation idea
➡️After last Buy signal Trade On indicator in November we could track step by step sell signals and fixation % profit from trade
➡️No new signals to buy now. But watch 2 zones of interest
➡️Perfect scenario if we will test Buy line on Take Profit indicator on 12h
➡️Waiting money inflow again on MP indicator
Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch!
✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes.
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ZILUSDT UPDATEWell since price gave no solid confirmation of entry around the AOI but created a low, i expect price to short all the way 0.02580 and thats when ill be looking to invest in Zilliqa. On H1 we obviously have a head and shoulder pattern indicating a strong push down is about to happen. Lets see how it goes when gets around the targeted price, fingers crossed..
#ZIL/USDT#ZIL
We have a descending channel pattern on the 12-hour frame, the price is moving inside it and adhering to its borders well.
We have a support area in green at a price of 0.02100 after the price touched it and rebounded from it.
We have a trend to stabilize above the moving average of 100.
We have an upward trend on the RSI indicator that supports the price upwards.
Entry price 0.0230.
First target 0.02780.
Second target 0.02963
Third target 0.03200
#ZIL (SPOT) entry range(0.01320- 0.01620) T.(0.0310) SL(0.01213)BINANCE:ZILUSDT
entry range (0.01320- 0.01620)
Target1 (0.02420) - Target2 (0.03100)
1 Extra Targets(optional) in chart, if you like to continue in the trade with making stoploss very high.
SL .1D close below (0.01213)
*** collect the coin slowly in the entry range ***
*** No FOMO - No Rush , it is a long journey ***
**** #Manta ,#OMNI, #DYM, #AI, #IO, #XAI , #ACE #NFP #RAD #WLD #ORDI #BLUR #SUI #Voxel #AEVO #VITE #APE #RDNT #FLUX #NMR #VANRY #TRB #HBAR #DGB #XEC #ERN #ALT #IO #ACA #HIVE #ASTR #ARDR #PIXEL #LTO #AERGO #SCRT #ATA #HOOK #FLOW #KSM #HFT #MINA #DATA #SC #JOE #RDNT #IQ #CFX #BICO #CTSI #KMD #FXS #DEGO #FORTH # AST #PORTAL #CYBER #CLV #RIF
ENJ #ZIL ****
#ZIL Gears Up for a Bullish Breakout: Key Levels to Watch!The digital currency ZIL is poised to initiate an upward trend soon. Based on the weekly chart, the price is expected to first reach the range of $0.035 to $0.044 and test its long-term descending trendline. Typically, I do not anticipate a breakout of the trendline on the first attempt; therefore, after ascending to the aforementioned levels, a price correction toward the $0.025 area is likely. Following the necessary consolidation period, sharp bullish movements can be anticipated.
This is merely a personal perspective and should not be construed as a recommendation for trading positions.
Please remember to show your support.
I will respond to comments.
ZILUSDT - 2024 Accumulation complete.NOT FINANCIAL ADVICE
One word: Mark up.
Okay, so they were two words.
Support at $0.022 tested successfully but we could still test this if no breakout takes place in the next few days.
A markup towards primary resistance zone 1 is underway.
Ideally, we see a breakout and a test of this zone as support, shortterm.
With Zilliqa 2.0 approaching, and new proposals underway (raising of SSNs comm fees up to 8%), plenty of bullish fundamentals to hang onto.
ZILUSDT: Massive Breakout Ahead or Bullish Trap? Yello Paradisers! Is ZILUSDT about to break out, or should we prepare for a retracement? 🚨 Let's dive into the latest technical setup that could potentially set the stage for a big move.
💎ZILUSDT has approached its resistance trendline, showing a bullish CHoCH (Change of Character) while forming an inverse head-and-shoulders pattern with a bullish divergence. These signals combined significantly increase the probability of a bullish continuation.
💎If ZILUSDT breaks out and closes candle above the resistance zone, this will validate the inverse head-and-shoulders pattern and confirm a higher probability of a bullish move.
💎On the flip side, in case of a retracement, we can expect a bounce from the support zone. To strengthen the odds in our favor, we will need to see a bullish I-CHoCH on the lower timeframes before considering an entry.
💎However, if ZILUSDT breaks down and closes candle below the support zone, this will invalidate the bullish outlook entirely. In that scenario, it’s wiser to wait for better price action to form before making any further moves.
🎖As always, patience is key. Stay disciplined and stick to your strategy, and remember – we only act when the market confirms our setup. Keep it smart, Paradisers!
MyCryptoParadise
iFeel the success🌴
ZIL/USDT Breakout Zil/USDT is showing potential for a breakout from a symmetrical triangle pattern on the 4-hour time frame. A solid breakout could happen soon. If the price breaks out and successfully retests the breakout level, we might see a surge of 40-80% in the coming days. Keep an eye on this movement, as it could be significant. This is not financial advice—please do your own research.
Zilliqa | ZIL The price of Zilliqa is $0.034 today with a 24hour trading volume of 260 million dollars . This represents a 6.6% price increase in the last 24 hours and a 12.6% price increase in the past 7 days
Zilliqa is a token developed in the year 2017 Its is mainly based on the concept of Sharding and primarily aims at improving the scalability of the cryptocurrency networks as in case of Bitcoin or Ethereum. The white paper mentions that the transactions speed would be approximately a thousand times more than that of Ethereum network. Ziliqa is fast, secured and decentralized. Zilliqa’s high throughput means that you can focus on developing your ideas without worrying about network congestion, high transaction fees or security which are the key issues with legacy blockchain platforms.
On 25 April, the Zilliqa mainnet would activate the Ethereum Virtual Machine compatibility. This would enable the native transfer of tokens, thus eliminating the conversion process. the EVM compatibility will make the transfer of NFTs and fungible tokens between EVM and Scilla interfaces easier. Additionally, the upgrade also aims to improve the overall speed and scalability of the network
The Moving Average Convergence Divergence indicator showed that the MACD line was still above the signal line. However, a drop in the buying pressure would lead to the MACD crossing the signal line to drop further. Bulls managed to win 0.27 $ warzone and now they head to 0.36$. RSI and Vol are positive and 50 and 200 EMA going to cross each other which is another bullish signal
next targets 0.35, 0.37 and 0.39$
ZILUSDT - Zill showing some up-side potentialZIL recently broke out of a downwards trendand is currently finding it self in a upwards channel looking to retest the bottom of the range allowing for a potential entry point. Looking at the 8-hours and 1-day RSI, ZIL touched the bottom of the range resting the RSI and now pointing upwards showing upside potential. This could possibly allow for a entry and buy opportunity.
#ZIL/USDT#ZIL
The price is moving within a descending channel pattern on the 1-hour frame and is expected to rise after it has been largely committed to it
We have a downtrend on the RSI indicator that is expected to break upwards and we have a trend to stabilize above it
We have a major support level in green at a price of 0.01580
We have a trend to stabilize above the moving average 100
Entry price 0.01600
First target 0.01650
Second target 0.01690
Third target 0.01770
ZIL/USDT Technical Analysis in a 3-Day TimeframeHello everyone, I’m Cryptorphic.
For the past seven years, I’ve been sharing insightful charts and analysis.
Follow me for:
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Now, let’s dive into this chart analysis:
#ZIL is in a bearish trend, but it is also holding strong support at around $0.014. The RSI indicates a bullish momentum rebounding from the oversold zone.
Currently, GETTEX:ZIL is showing a rebound from the support trendline and is gearing up for a potential bullish move.
- Entry: $0.014 to CMP.
- Trade: Spot.
- Target: $0.04 (170%).
- Invalidation: A close below the green box.
DYOR, NFA.
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New Support Levels and Target Prices
Recently, there have been news of new partnerships and investments in the long-standing project Zilliqa, leading to noticeable new and positive movements in this cryptocurrency. Zilliqa, after losing the 0.015 level and forming a new bottom, has faced support. Given that the market is continuously forming new bottoms, there is a possibility that any bullish analysis on altcoins may become invalid.
▶️ Entry Point: 0.017
⏸ Stop Loss: 0.015
1️⃣ First Target: 0.024
2️⃣ Second Target: 0.030
Considering that the market is continuously forming new bottoms, there is a possibility that any bullish analysis on altcoins may become invalid.
ZIL - Can it go any lower? or 1300% Profit ?#ZIL/USDT #Analysis
Description
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+ The price is currently testing its support levels, this support held strong in the past.
+ If the support holds, a rebound is likely and which will lead to continuous bullish trend in the bull run
+ However, if the support fails, there's a possibility of further downside.
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VectorAlgo Trade Details
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Entry Price: 0.01484 - 0.01649
Stop Loss: 0.01230
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Target 1: 0.01918
Target 2: 0.03151
Target 3: 0.04725
Target 4: 0.08345
Target 5: 0.11185
Target 6: 0.15093
Target 7: 0.23499
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Timeframe: 1W
Capital Risk: 1-2% of trading amount
Leverage: 5-10x
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Enhance, Trade, Grow
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VectorAlgo