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Zilusdt

📈Zilliqa (ZIL) Analysis: Short Opportunity in 4-Hour Timeframe⚡🗓Today, we're examining Zilliqa (ZIL), which presents a favorable trading setup in the 4-hour timeframe. 🔍Upon retracing the recent uptrend in the daily timeframe, a Fibonacci corrective analysis shows a rebound from the 0.382 level. However, it failed to breach higher levels, indicating waning buying pressure. Hence, a break below 0.03232 could signal diminishing buyer strength, potentially leading to further decline, making it a compelling trigger for short positions. 💥RSI oscillator found support at 27.06, coinciding with the support at 0.03232. A breach of this support level, if synchronized, would corroborate bearish sentiment, providing additional confirmation for potential downside movement. 📊Candle volume is currently range-bound after hitting support, offering limited insight. Observing which side (bulls or bears) commands greater volume will be crucial. However, volume alone isn't conclusive; other indicators should be considered. ⭐️The SMA7 indicator has approached the candles, potentially exerting downward pressure. Should the market enter a correction or consolidation phase, awaiting confirmation from SMA25 would be prudent. 📉For short positions, targeting the 0.618 Fibonacci level, coinciding with support at 0.02902, could be a viable strategy, considering it aligns with significant Fibonacci and support levels. 📝In summary, ZIL presents a potential short opportunity, contingent upon key support levels and confirmation from various technical indicators. 🧠💼It's important to acknowledge the inherent risks in futures trading, with the potential for margin calls if risk management is neglected. Always adhere to strict capital management principles and utilize stop-loss orders, ensuring that the initial target offers a risk-to-reward ratio of 2
Short
by itsparham96
Are you holding ZIL since 2022? Here comes the rescue team 🚀Hi, this is 1PERCENT. Unlike other altcoins, Zilliqa (ZIL) experienced another significant bull market in 2022. However, after surging by 450% in just two weeks, ZIL began to decline by over 60% in a month. Ultimately, ZIL ended up at -93% from its peak, leaving many still holding onto their positions. The good news is that it appears that a rescue team is coming to save you. ZIL is breaking through the accumulation zone of about two years. Of course, the weekly candle needs to close above the resistance line and hold it, but it looks very positive now. Recently, I have been continuously sharing some insights regarding market sentiment and asset cycles. Simple. Retail investors do not change and keep repeating the same mistakes. Therefore, making money is easy. Avoid FOMO and overcome FEAR. Also, since the cryptocurrency market often experiences corrections of 50-75% even during 10x, 100x; I'd recommend not to use excessive leverage Good luck. 1PERCENT
by RVD_1PERCENT
Alikze »» ZIL | Ziliqa is breaking the descending channelIn time W1 and D1, after forming a floor in the area and collecting liquidity in the area of 0.38 Fibo, it is currently exiting the descending channel. With the support of the range of 0.02440, in the first step, the ability to reach the supply zone is determined, which will be provided for the continuation of the upward trend of the currency in case of the failure of the path zone. 🟩Sup:0.02440 ⛳️Tp1 : 0.049 ⛳️Tp2 : 0.07320 ⛳️Tp3 : 0.08545 »»»«««»»»«««»»»««« Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support. Sincerely.❤️
Long
by alikze
ZIL/USDT Gearing up for a Bullish Rally? 👀🚀ZIL Analysis💎Paradisers, focus your attention on #ZILUSDT, nestled in a demand zone, primed for an impressive bullish breakout. 💎Currently, #Zilliqa is climbing, showcasing a bullish pattern around the support level of $0.032. It's been following a descending channel pattern, with a noteworthy adherence to the channel's support twice. Holding steady at this critical point could usher in a robust bullish push toward the target supply zone at $0.04927. 💎However, if #ZIL struggles to maintain its bullish position at the $0.032 support, it might be time to reassess our strategy. This situation could lead us to anticipate a bullish rebound from a slightly lower demand zone at $0.027. 💎Staying alert to these market dynamics is crucial, as falling beneath this threshold might require a strategic adjustment, especially amid challenges to keep the bullish momentum alive in the #ZIL market.
Long
by MyCryptoParadise_Simon
ZIL/USDT Eyeing a Bullish Shift from Support ? 👀🚀Zil Analysis💎 Paradisers, focus your attention on #ZILUSDT, as it's currently exhibiting early indications of a bullish turnaround from its lower support zone. 💎 Amidst the latest market swings and tightening of prices, #Zilliqa has seen a decline, now teetering below a crucial support level, which enhances the likelihood of a bullish reversal from the lower support at $0.01719. Should #Zil manage to stay above this critical juncture, it could well embark on a bullish journey, aiming for the significant resistance at $0.03636. 💎 The dynamic and volatile crypto environment necessitates a versatile and prompt response in our trading strategy. If #ZIL finds it challenging to hold its position, brace for a potential decline.
Long
by MyCryptoParadise_Simon
ZIL will turn into a rocketOne of the remaining symbols of the well-founded market is ZIL. It has completed a double correction. This double correction has been an expansion triangle + X + contraction triangle which has ended. The best range for Buy is the green range. But it may not pullback on this range again. In this case, you should buy in steps from the current price to the green range and hold until the target. The targets are marked on the chart. Closing 1 daily candle below the invalidation level will violate the analysis. For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
Long
by behdark
1
ZIL/USDT Ready to Get Back its Momentum?👀🚀 ZIL Analysis💎Paradisers, let's take a closer look at #ZILUSDT, as the current market trend suggests a promising opportunity for a bullish recovery from its significant support zone. 💎Examining #Zilliqa's recent market dynamics, we've witnessed a steady 35% decline from its recent peak. Nevertheless, its resilience at the support level of $0.0187 indicates potential for an upward trajectory. 💎Despite obstacles in setting new highs or breaking beyond previous limits, which has contributed to a temporary bearish outlook, the $0.0187 mark remains pivotal for #ZIL. This level stands on the verge of triggering a substantial bullish movement upon another evaluation. 💎As proactive traders, we always have an alternative strategy. If #ZIL weakens at this crucial support and declines further, we're prepared for a bullish resurgence beginning at a secondary support level of $0.016. However, be aware, a breach below this point might herald extended bearish trends. 💎Stay flexible in your trading approaches and vigilant with the market's pulse, Paradisers. Your ParadiseTeam is diligently monitoring, ready to steer you through these market shifts.
Long
by MyCryptoParadise_Simon
1
ziliqa weekly timeframe hello dear traders zil repeating history... Let's go back to 2019 it ‘s time for ziliqa Web3 New security model : Pow + pos Gaming Payment Supported by singapore What Is Zilliqa (ZIL)? Zilliqa is a public, permissionless blockchain that is designed to offer high throughput with the ability to complete thousands of transactions per second. It seeks to solve the issue of blockchain scalability and speed by employing sharding as a second-layer scaling solution. The platform is home to many decentralized applications, and as of October 2020, it also allows for staking and yield farming. Development work officially started on Zilliqa in June 2017, and its testnet went live in March 2018. A little over a year later, in June 2019, the platform launched its mainnet. The native utility token of Zilliqa, ZIL, is used to process transactions on the network and execute smart contracts.
Long
by mehdi_kb
ZILLIQA ( ZIL ) : New Skill2Earn ModelZilliqa’s New Skill2Earn Model Since the inception of blockchain gaming, the industry has continued to thrive as gaming projects increasingly adopted the traditional play2earn model, which has offered users the opportunity to create wealth while having fun. To challenge this widely adopted system, Zilliqa’s new approach to gameplay rewards comes as an effort to revolutionize and transform Web3 gaming and entertainment by introducing a new concept that transcends the usual style of earning rewards for just playing games. With an emphasis on skills and incentives, Zilliqa expects Skill2Earn to fuel healthy competition among blockchain gamers while allowing them access to a sustainable reward structure. Instead of focusing solely on playing time, Skill2Earn places more concern on the player’s skill and enjoyment, prioritizing high performance among blockchain gamers. ................................................................................................................... We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature. and are therefore are unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing.
Long
by CryptoTrend-Alerts
ZIL/USDT If Break this resistance, the price back to upward!💎 ZIL has recently encountered significant market dynamics. Presently, ZIL is confronting a resistance area after experiencing a noteworthy bounce from the demand zone. 💎 If ZIL manages to break above the resistance area and reclaim its price above this level, there's a probability that the price will resume its upward movement and eventually reach our target area, which is the bearish OB area. 💎 However, if ZIL faces rejection at the resistance zone, there's a potential for the price to retreat downward, targeting the demand zone to generate new upward momentum. 💎 The demand area appears to be robust enough to support further downward movement for ZIL. Therefore, the price must bounce upon reaching this area. 💎 Failure to bounce, resulting in a breakdown below the demand zone, could indicate bearish sentiment, potentially leading to further downward movement towards the strong support area.
by MyCryptoParadise_Nathan
2
ZIL/USDT Keep an eye on the demand area. Possible Strong Bounce!💎 ZIL has witnessed significant developments in the market. 💎 After experiencing a hard rejection upon hitting the Bearish OB area, ZIL has undergone a 30% drop, with the potential for further decline until reaching the demand area around 0.01815. 💎 A bounce from this demand area could signify a reversal, and if confirmed, ZIL may resume its upward movement, attempting to break out of the Bearish OB area and proceed towards the strong resistance area. 💎 However, if ZIL fails to bounce when reaching the demand area or even breaks down below it, this would be a concerning sign. The price could then continue its downward movement towards the key support area or potentially go even lower.
by MyCryptoParadise
1