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!
Zilusdt
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 😍
ZIL/USD longHello guys, this is how i see the trend for Zilliqa in the next days. For me this coin has a very good potential.
*This pattern is the same when DOT was in 5 dollars. Now we know the actual price.
ZILUSDT Daily S/R| Swing High| Declining Volume| Price Action Evening Traders,
Today’s analysis – ZILUSDT- trading above Daily S/R where a respect is bullish,
Points to consider,
- Price Action Descending Channel
- Daily S/R Support
(Bullish OB)
- Swing High Objective
- Declining Volume
- Stochastics Buy Cross
- RSI Dynamic S/R
ZILUSDT’s immediate Price Action is bullish, trading in a Descending Channel above daily S/R that is in confluence with the Bullish Order Block, this allows us to have a bullish bias on the market.
The Swing High is immediate objective; Price Action exceeding this level increases the probability of trend continuation.
Current volume is declining which is indicative of an expansion occurring, this is highly probable as Price Action is trading at a key trade location.
The Stochastics has a buy cross coming to fruition that will coincide with a respect of the RSI Dynamic S/R, this will increase the bullish probability.
Overall, in my opinion, ZILUSDT is a valid long with defined risk, Price Action is to be used upon discretion/ management.
Hope this analysis helps!
Thank you for following my work
And remember,
“Confidence is not "I will profit on this trade." Confidence is "I will be fine if I don't profit from this trade.” ― Yvan Byeajee,
Zil is on the run after breaking the descending channel!Zil broke finally out of the descending channel it formed on the way down from its previous high at 1 cent
Zil bounce off the strong support at the 0,066 range and finally reach a major resistance at the 0,85
But now it finds support at the old descending channel that could be a start of a major bull run toward the upside
expect resistance and correction on the way up at different levels especially the 0,09 and 0,1 barrier, if that one broken then we can see a 0,15 Zil easily
Trade carefully