ZILBTC trade ideas
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!!
ZiLLIQUA – Massive Positive Volume - All Time Low Hi Guys!
Here is another buying opportunity .
This time ZIL has plunged really deep.
They are very active on GitHub , they have very strong software team and management team as well.
They are rated 4.1/5 on the Coincheckup.
A week ago the managed to implement first schnorr (very high throughput) signature-based transaction in the world signed by a Ledger Nano S on Zillqua Blockchain.
So they are very active and they make progress.
The current price is very attractive .
Here are the technical analysis details:
• Weis Waves – The supply has significantly decreased and insane demand has shown up.
Such demand hasn’t been seen since April 2018.
• On the daily chart, the price broke EMA9 and EM21 . The new bar started above EMA21. Good.
• The price touched ATL(All Time Low) – literally, it wasn’t cheaper.
This is a real bargain.
Today they have a meeting on Malta – Malta AI and Blockchain Summit
30.05 – they will enable smart contracts on the Mainnet
So we expect the price will go strongly up.
Don’t forget its max was like 10 times higher than the current price.
Thank you for reading and your time.
Hit a like to support us.
Massive Hugs!
WBM Team.
$ZIL Nice breakout from descending channel w/ insane volume...$ZIL Nice breakout from descending channel w/ insane volume (apparently some fake news with facebook partnership...)
UCTS signal on the 12h appeared almost instantly after breakout
For now I would like to see continuation and a flip (R-->S) of the 287sats resistance...
#ZIL
ZIL ready to magnet back to its previous POCZIL gearing up here to return back to its year-long POC support zone
If we can break up higher here it is very probable we return to retest that breakdown zone
Volume has returned massively today, which could be a sign for things to come
Also we see a strong rise in the MFI as well
Thanks guys!
Zilliqa High Volume After New All-Time Low (180% Possible)A new low has been hit for Zilliqa (ZILBTC) on the 13 May. I am noticing many altcoins that went through the same.
After this new all-time low was hit, trading volume had a massive increase.
The RSI went deep into oversold but is now trading above resistance, with plenty of room left available for growth (trending up):
The MACD is showing a bullish crossover and some bullish divergence, not strong but still there. The histogram is now going in favor of the bulls.
An attempt was made to break above EMA10 on the 16 May without success. EMA10 is being challenged again today on super high volume. A close above this level moves Zilliqa from bearish to bullish potential.
With that said, this setup is ready for a trade.
Feel free to hit like if you enjoyed this post.
Namaste.
ZIL : Upto 250% profits Opportunity for the Mid TermRSI : 29
Volume : Need an increased momentum.
Note : Tried to construct an elliott wave move on the 1 day chart so need more energy to break the newly created resistance trend line. By this it might take some time to get a huge profit from this call which makes it a Mid to Long term investment to #HODL. When ALT's season started up it will give upto 250%+ profits. Further it need to break out the newly created resistance trend line to confirm a reversal bull trend.
Market Scenario's
The Alt market depends on the trend of Bitcoin and ZIL will depend on the trend of Bitcoin since it will not have a major fundamental outcome which makes it to boom in the short term. This scenario's are
Scenario 1 : If Bitcoin is going to correct one other time towards the $6700 - 7100$ or consolidate for the short run ZIL will have the probability to follow the green arrow as depicted on the 1D chart.
Scenario 2 : If Bitcoin is going for another leg up and breaks the $8K resistance line it will follow the red arrows first by further going downwards and bounce back and the next formed Bitcoin correction started.
Accumulation Area : 201 sats - 240 sats
Distribution Areas :
Target 1 : 261 sats
Target 2 : 279 sats
Target 3 : 297 sats
Target 4 : 327 sats
Mid To Long Term Targets :
Target 5 : 366 sats
Target 6 : 405 sats
Target 7 : 489 sats
Target 8 : 531 sats
Stop Loss : 200 sats
Risk : High
Capital Allocation : For short term traders 3% to 5% and for long term Traders Upto 15% depending on your diversified allocation portfolio status.
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Good Luck.
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