Zilusdt
Thought Exercise: $ZIL Elliot Wave forecast for Apr to Jul 2021.NOT FINANCIAL ADVICE.
Wouldn't it be fun if we could just go wild with our $ZIL price predictions?
For this thought exercise I wouldn't bore you with the details of fib retracements, extensions and motive/corrective waves considerations that were employed here.
THE FORECAST
So I wanted to have some fun at predicting the price action for $ZIL in the next few months and here's what I project:
Apr: $0.135 (lows) ~ $0.329 (highs)
May: $0.251 (lows) ~ $0.548 (highs)
Jun: $0.321 (lows) ~$0.431 (highs)
Jul: $0.422 (lows) ~ $0.682 (highs)
WHY SO OPTIMISTIC?
Good question. Well..
• Poly Network (ZIL-ETH-NEO bridge, bUSD, interoperability)
• Pillar Protocol (a stablecoin issuer)
• Red Chillies (a betting DApp)
• SocialPay 2.0
• $5M Zilhive Grant
• Zilliqa Capital (for even more funding support)
• L2 developments
• Sharding improvements
• A proposed Virtual Machine environment for smart contracts
** will probably keep adding to this list as I remember or get more info..
Is $ZIL really in a Corrective trend or an extended 5th Wave?NOT FINANCIAL ADVICE
In this previous chart (shared below), I anticipated that if $ZIL broke $0.19 resistance, that we might be in a 'fake' correction -- and it turned out so, as price action carried the momentum towards an extended fifth wave:
So the recent pullback actions (mid-Feb to early-Mar) were not sustained enough nor strong enough to warrant a full correction taking place, so we're left desiring for a bigger pullback this time round -- if only for us to launch towards an even bigger, stronger and more impressive bull run to break previous ATH of $0.23.
With this latest chart to accompany us, we can anticipate our next support levels for $ZIL Bulls to take note of.
The Bulls will need to keep price action above $0.15 to prevent any further corrections.
If this major support level is broken, we could see $ZIL dip towards its next strong support level of $0.11.
Can the Bulls keep this Fifth Wave running hotter than it's meant to, or are we going to see it dip further?
Bears are taking control of $ZIL.NOT FINANCIAL ADVICE.
On the hourly chart, we can clearly see that sell pressure is relentless.
The MACD is showing that even though selling pressure decelerated, it is again picking up acceleration to the downside. Bearish outlook.
The RSI reversed upwards slightly as it almost slipped into 'safe' territory, but is showing momentum back towards sell pressure. Bearish outlook.
$ZIL Bulls will need to prevent price action from going under $0.15 and retain investor confidence at this level, or else we could be seeing a further 25% dip towards $0.11 support levels. Netural.
ZIL/BTC Long Breakout (H4)Trades > Create:
(Current Price: 0.00000327)
Either confirm or choose to edit the trade
⚡⚡ #ZIL/BTC ⚡⚡
Client: Binance 01
Trade Type: Breakout (Long)
Entry Targets:
1) 0.00000361 - 100.0%
Take-Profit Targets:
1) 0.00000427 - 51.612%
2) 0.00000469 - 25.806%
3) 0.00000538 - 12.903%
4) 0.00000644 - 6.451%
5) 0.00000717 - 3.225%
Stop Targets:
1) 0.00000296 - 100.0%
Trailing Configuration:
Entry: Percentage (0.0%)
Take-Profit: Percentage (0.0%)
Stop: Moving Target -
Trigger: Target (2)
Zilliqa is looking good because... #ZILUSD #ZILUSDT $ZILHi All! 🤚🏼
Zilliqa is looking good because it broke a symmetrical triangle this morning, it has got a nice volume because of the news that they are launching something "pretty cool". Watch the latest tweets to stay updated @Zilliqa on twitter. It's also consolidating on an important #Fibonacci level right now with a strong support at 0.14. And don't forget about the MAC-D that is almost getting bullish on the 4H Chart. Will this be another "Sell the news" thing or is #Zilliqa ready to explode? 🚀🪙
Wait for a possible pullback and retest on +/- 0.14 before you enter.
What do you think or see? Please let me know in a comment, would love to see this shared or just push that like button if you agree.
I would appreciate any feedback a like or a simple follow to get you up to date.
"Advise"
- Try to open your entry if the price will show it according to your OWN strategy.
- Don't forget your SL
- It's also important to keep an eye on #BTC at the moment
*Remember: This is just an Idea, no financial advise!
If you're not in cryptos for long term you're probably going to lose almost all of the money invested. Respect the market or the market will rekt you
🚀🪙 -Be fearful when others are greedy, be greedy when others are fearful.
✅ Thanks for reading
#BTC #BITCOIN #ZILLIQA #ZILUSD #ZILUSDT
ZIL/USDT bearish market is about to start?Hi every one
ZILLIQA / TETHERUS
if we use the Pitchfork on the ZIL/USDT chart we can see that yesterday the middle line of the pitch fork has been broken by a strong candle but today's candle is a shooting star doji which is a sign of the strength of the bears and if you pay attention you can see that the shadow of todays candle touched the pitchfork upper line and than started to decrease . there is also a regular bearish divergence both on MACD and RSI indicators! with these signals we think that the ZIL/USDT can become bearish completely but you never know!
$ZIL back in a bull run or running into a bull trap?Whatever your TA beliefs may be, here's mine, sharing it as an educational piece, not financial advice .
My strategy is to dollar-cost into dry powder until Wave B completes, then dollar-cost back into $ZIL until Wave C completes. Then ride the Bull Wave until $0.50!
Wave B TP highs of $0.148
Wave C TP lows of $0.063
Good luck with your trades!
$ZIL is in a Correction, or are we really?Feb 2021's ATH were broken, albeit briefly, hours ago, and we now see just how strong the resistance is at the Bear's camp towards the $0.16 region.
It seems that we are now in a Corrective Wave ABC (Flat 3-3-5).
Depending on the kind of price action confirmations we get in the next few days, $ZIL could see 2 types of results from here:
Result 1
Bears win, and price is pegged back down. Bulls lose momentum and price dips towards a Corrective Wave C. TP: $0.081.
Result 2
Bulls reign supreme, and price surge upwards towards new ATH. If they break 1.38 fib levels, it means that we are on the next leg up (and no longer in a correction)!
For $ZIL's sake, let's hope the Bulls have been awakened here.
$ZIL is next after VechainZilliqa following VET chart
Different coins take charge at various stages. Money will flow into coins that are lagging eventually. Currently ZIL is following a similar pattern to VET.
Zilliqa is the world's first public blockchain built entirely on a sharded architecture. Sharding is a database separating technique that allows scaling.
Market cap of 1.4Bn and fully diluted market cap of $2.7Bn with a ranking of #55. Deserves to be in the top 25 atleast.
Circulating supply of 11bn and max supply of 21Bn(just like BTC)
+Strong fundamentals--> Addresses scalability, security and decentralisation
+Great staking rewards--> gets rewarded governance tokens gZIL on moonlet
+Fastest TPS among ADA,BTC,LTC
+ Updates = PolyNetwork Bridge Live (ETH bridge) expect price volatility 1-2 days before the event
+ Github --> Regular updates
+ Team = Well known engineers, academics and entrepreneurs