ZILBTC! Bullish Divergence!ZILBTC! Day chart has Bullish Divergence, and trying to re-enter the busted downward channel chart pattern for a second time.
What Are Busted Chart Patterns?
A busted chart pattern is one in which price breaks out in one direction from a chart pattern, but moves less than 10% before reversing and breaking out in the new direction.
Channel Identification Guidelines
Characteristic: The price trend leading to the channel can be from any direction. The shape is tilted up or down, but not horizontal. The two trendlines should be parallel or nearly so. Both should tilt upward or both should tilt downward.The Price should touch each trendline at least twice as distinct peaks or valleys. The crossing price should cross the pattern from trendline to trendline, nearly filling the available space. Breakout occurs when price closes outside the trendline boundary and can be in any direction.
Time Frame: Day chart
My Targets: Probability can change base on BTC actions.
Possible Entry: What I'm looking for:
.00000230 - .00000250
Resistance needed to break with candle close
.00000246
Targets: Can exceed or not meet expectation
1 .00000308
2 .00000400
Stop: Base on a Daily Candle Close.
.0000021
Please remember to DYOR and this is not financial or investment advice. It's my targets for the market at this moment. Please let me know what you think of my technical analysis and thank you.
ZILBTC trade ideas
$ZIL Next Move Should Be Violent! Best Time to Enter? NOW!Zilliqa currently has it's deposit and withdrawal suspended due to mainnet update on Binance, so it actually need an accumulation prepartion for it's parabolic move.
Next update from CEO and the whole dev on 16 June 2019. It's getting closer. Zilliqa has a lot of fanatic supporters. No doubt, this one will aging so well.
**************************************************************************************************************************************************
If all of these ideas I posted helps you, give them thumbs up, shares, comments and follow me. If you have a suggestion, just fill in the comment sections or message me. Looking forward to hear from you all. Thanks a lot!
TIPS: PATIENCE & PERSISTENCE ARE KEY TO SUCCESS
RISK WARNING: Cryptocurrency investment is subject to high market risk. Please make your investments cautiously. I will make best efforts to bring profitable signals, but will not be responsible for your investment losses or profit.
--------------------------------------------------------------------------------------------------------------------------------------------------
www.tradingview.com Rules:
#1 Always obey tradingview.com house rules
#2 Always read the description
#3 Don't spam on the comment section
#4 If you wanted to request my opinions about a coin/token just give 10 likes on my published charts and I will do it the day or two after
#5 My opinions are not financial advice, follow it at your own will and your own risk
#6 Together, let's build a better community on this platform
ZIL Reversal/Asc Triangle/Trend TradesEntry 250
Reversal target 300
Ascending triangle target 400
Stop close below 210
Add, cut or close at targets depending on market environment
Close at 15 day lows above 400 or lower high lower low
ZILL/BTC Ascending triangleHIII
zilliqa in Ascending triangle and Eliot waves are as follows
Wave 5 target:398
GOOD LUCK
Zilliqa looking primed and ready to move upFundamentals:
Binance report - info.binance.com
Mainnet token switch
Pepsi trial
Sharding
Technical:
RSI and MACD on 4hr look good
ABC Pattern
Volume ATH
255 sats looks to be next resistance, once it breaks 255 sats then it will be in an uptrend again. Be careful, with BTC bullish if it continues to move up then there could be a reversal.
Zilliqa $ZIL forming H&S - VERY BULLISH!Zilliqa $ZIL has been trending downward over the last few weeks and looks to have found a bottom and is now forming a head and shoulder pattern. If this plays out then the pattern will be complete around June 7 and will be aiming to break out of the downtrend. The timing is perfect as Zilliqa smart contracts are introduced on June 10. Zilliqa also expected to announce partnerships on their Zilliqa Day celebration a few days later. Many reasons to be bullish on this one.
Never seen that on a Z!l chart!!!A SPIKE ON THE WEEKLY VOLUME that never existed on a zil's chart before. After BTC's bounce yesterday most ALTS bottomed out again. Zil made a higher low at 213 sats right above the previous low at 203 sats. Momentum is positive showing the way to very ambitious targets. Targets on the chart. JUst Fibbos do ... Keep it simple at the bottoms and let the complications come with profit not pressure.
Zil has some pretty good events in couple of days and end of June. Also keep your eyes on btc's dominance as it has been growing lately. I'm buying the dips anyway!!
Time analysis-The lines in red support and resistance more important
/Blue Line is supporting and resistant to secondary
The terms of the opening of the deal are:
Closure a 1h over trend yellow and
TARGET :trend 'black'
ZIL Buying Opportunity Buy ZIL Between 235-240
Target 266
Target 288
Target 315
Stop Below 219
Enjoy the trade
ZILBTC! Re-enter the Downward Channel ZILBTC! A trade identity by G-Money. A trade with a trend! Zil has re-enter its downward channel and in progress to test the top. It has potential. Thank you G- Money for pointing this out . As of now I'm playing the trend.
