Zilusdt
ZIL to retest channel resistanceNow days everybody wanna talk like they got somethin to say but, but ZIL comes out when they movin' their lips.... ZIL still relatively close to channel support. A flip above the MACRO POC will send the PA toward the channel resistance level. Don't miss out on this SLEEPING GIANT GEM ZIL!!!
ZILUSD - Similar BottomsSimilar higher low bottoms, price is attempting to breakout of a strong downtrend
Good for the bulls, much less for the bears
Horizontal lines intersect with each bottom point
ZIL has 2 possible movement scenariosZIL has created an Inverse Rounded Bottom Pattern which means the price should do a bit of correction and goes bearish for sometime. the Pattern has not been broken yet but when it happens, the price shall Decrease as much as the measured Price movement which is shown on the chart.There could be another Scenario which will be that the Price breaks the pattern Upwardly and Reach the resistance level that is shown on the chart and why is that possible? well if you pay attention to RSI, you can see that the price has reached the oversold area which is a bullish signal so we should consider the possibility of a bullish movement as well. The Price shall do a movement pretty soon so we can predict the incoming movement right after.
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🌍Thank you for seeing idea .
Have a nice day and Good luck
The price has reacted positively to the strong monthly supportZIL has registered a growth of more than 45% in the last 24 hours. The price has reacted positively to the strong monthly support area, confirming the fake breakout of the previous floor support area at $0.020. Therefore, due to this high buyer power, if the daily candle closes strong, pullbacks can create strong positive reactions. One of the resistance levels that can cause many negative reactions is considered in the range of $0.027 to $0.030.
Therefore, considering the high power that can be created at this level, the possibility of forming a range area below this resistance is high. The potential for a trend reversal is built into the daily time frame, and simply making a higher floor that leads to a higher ceiling can help reverse the trend. The bullish candles are in the spike phase on the 4-hour time frame, which, if a pullback is observed, can enter a narrow bullish channel to fully hit the plotted resistance. If ZIL breaks through resistance, it has a high potential for further growth in the long term and very high targets.
💁♂️ ZIL/USDT _ 12H 💁♂️ HI Everyone
As you can see, the price is fluctuating in the specified box.
If the price can penetrate above the 0.02360 range, the possibility of price growth up to the 0.02490 range can be considered.💹
Support range 0.02226/0.02120 ‼⚠
The range of resistances is 0.02490/0.027❗
❎ (DYOR)...⚠⚜
WHAT DO YOU THINK ABOUT THIS ANALYSIS? I will be glad to know your idea 🙂✌
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Good price for ZILThe current market gave us a good entry point for ZIL.
Why is it?
1.
Zil is a blockchain for casino, betting and gambling intudsry.
Zil develops web3 games
Zil announced own web3 console (physical product BTW). And showed prototype.
I expect release of console and growing token price to more than 1$.
“ZIL” IS GOING BY THE STRUCTURE DOWN!After seeing a loss os momentum on the 4H timeframe, we can see on the 1H a break of the low creating lower-low and its being retested now. The target as we can see on the 4H is giving us almost 1 to 4 risk to reward ratio. It’s better to use trailing stop-loss.
“None of these are a financial advise, is for education only”