Zilusdt
ZILBTC has confirmed a big breakoutBull flag and down channel:
On daily time frame chart, the price action of Zilliqa has formed a bull flag. This flag is in fact a down channel. Within this channel the price action has broken down the daily EMA 10 and 21 but having bounce from the support of channel. The volume is also decreased.
SMAs on daily chart.
On daily chart, the price action of Zil has broken down the 25 SMA and having good support of 50 simple moving average. The 50 SMA is at the same level where we have the support of the down channel.
EMAs on weekly chart.
On the weekly time period chart, the price action is testing exponential moving average 10 as a support.
Break out the down channel:
Now if we switch to the Zilliqa with Bitcoin pair, then on long-term weekly chart, it can be seen that the price action has broken out the down channel and after re-testing now the price action is likely to move up. It is quite good confirmation of a firm break out.
Conclusion:
On daily chart, the price action is behaving like a bull flag and in Bitcoin market it has broken out the big channel on long-term. Therefore it can be possible that now the priceline of Zilliqa will start a major move to the upside from here.
ZILLIQA WEEKLY CHARTSIn the weekly chart we see how a turning pattern marked by a semicircle has been formed. We see that the price breaks through the resistance area with a lot of volume and today the price is forming a bullish flag, indicating that a continuation pattern is likely. We see in more detail how we could take advantage of the movement in the daily chart.
ZILUSDT- A Breakout Is Imminentsimple yet powerfull analysis for ZILLIQA / TETHERUS or all other pairs
trade at your own risk
Monthly Levels, ZIL_USDT
Buy at/above 0.08410 0.1406
Target 1 0.2499
Target 2 0.3904
Target 3 0.5622
Target 4 0.7652
Target 5 0.9995
Resistance 1
0.25
Resistance 2
0.39
Resistance 3
0.77
Resistance 4
1.00
Resistance 5
ZILLIQA / TETHERUS
Zil/Usdt- Broken out of downtrend, Established support.Zilliqa has managed to push through the upper limit of the downtrend channel. Seems to be holding its own against a bleeding bitcoin. Investors are keenly looking forward to tomorrow where an announcement which will most probably provide an official elucidation on Zil/HGX dynamic will be made. All eyes on -
1) The upper limit staying as support.
2) Major resistance is at 0.80$
Feeling Tipsy?:P
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All tips welcome!
Many bullish signs in major alts and sleepers..Zilliqa having a serious clear broadening wedge.. which could go even up double or more..
Vechan similar with a broadening pattern as well.. which I cannot really believe as they are both between 0.8 and 1.5 billion usd cap coins..
I'll post lower market cap coins more later
ZILUSDT - 5th Elliott impulsive waveZILUSDT brokeout above the bullish flag (2nd wave) as expected from my previous analysis to complete the 3rd impulsive wave.
Price retraced to the 0.5 fibonacci retracement level.
Price action is printing a bullish flag pattern ( 4th wave).
We could be on the verge of the 5th wave.
Buy entry ⬆️ - breakout above the bullish flag resistance.
Targets 🎯 - previous swing high (ATH), fibonacci extension levels.
Setup invalidation ❌ - breakdown below the previous swing low.
ZILUSDT strong pullback trapping bears?... Next leg is up?Potential breakout setup playing out nicely so far.
Those who sold that sudden pullback (previous candle) could fuel the breakout once they realize what's happening...
Hang on to your seats, folks. :)
I still think the bulls are in good position as long as we don't see any lower low price action forming.
ZILUSDT 4hr chart - 50% profits?The BTC dump might be the perfect thing that happened for this to play out.
Wait for the breakout/retest.
Keep an eye on BTC(.D).
Adjust (up) your stop loss when in.
Blue hourly SR lines
Red daily SR lines
Purple weekly SR lines
White monthly SR lines
dotted line = tested line
ZIL/USD 2 hour chartThis is my opinion on what could happen to ZIL. Currently, there is a bullish hammer pattern forming.
Zilusdt analyze by DaniyalDaraei crypto veteranZilusdt pair moved great from first leg and after breaking out from triangle
It will simply reaching to first target 0.09 and then after breaking out the ATH (0.097$)
It will reaching to 0.105$ and after that it will confirming the second leg and goes to extension targets.
Use it nice 😍