ZILBTC trade ideas
ZILBTCZILBTC
Entonnoir : W/D/H4 (swing)
Oubli : il y a 3 jours j'ai également pris un trade sur la sortie de compression H4 qui a réintégré le dernier creux weekly (à ~459) et donc enclenché un biais haussier.
C'était un trade assez risqué car pris sur un point de pivot sur une TF basse et just en-dessous d'une grosse zone de S/R.
Reste à voir si on va casser la zone de S/R des ~500. SL à 446.
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Funnel : W/D/H4 (swing)
Forgot to tell : 3 days ago, I've also took a trade on the compression breakout on H4 that has reintegrated the last weekly top (at ~459) which started a bullish bias.
This trade was pretty risky as it was taken on a pivot point on a low TF and right under a huge zone of S/R.
Now, let's see if we can break the zone of S/R at ~500. SL set to 446.
$ZIL Potential C&H on the daily and cross over EMA50...
UCTS buy signal on the 1D
MACD and RSI Rising
Volume starting to rise
Crossing above EMA50/100 could unleash a big uptrend movement..
For now wait for bigger confirmation(volume?) or enter with a SL...
There is also a possibility of an Inv H&S on the weekly similar to what $ADA is displaying that can push price really high but it will take at least couple of weeks to confirm... Stay alert...
ZIL Close To Cross Up Ma9 And M20 (Week) At The Same TimeI believe in ma9 ma20 and ma50 (week) periods effect.
If in the same time , the price cross up 2 ma, then price might increase fast.
Look at the fibonacci resistance level. by fibonacci resistance level, there is lower risk.
We will see what happen.
There is a possibility for the beginning of an uptrend in ZILBTCTechnical analysis:
. ZILLIQA/BITCOIN is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 54.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00000458 to 0.00000412). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00000458)
Ending of entry zone (0.00000412)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00000500
TP2= @ 0.00000576
TP3= @ 0.00000680
TP4= @ 0.00000684
TP5= @ 0.00000684
TP6= @ 0.00000832
TP7= @ 0.00000960
TP8= @ 0.00001130
TP9= @ 0.00001370
TP10= @ 0.00001610
TP11= @ 0.00001955
TP12= @ 0.00002393
TP13= Free
ZILLIQAJust yesterday, the coinmarketcap published a new rating of projects. The results are set on a scale from 0 to 1000 points and have the corresponding letter grade.
With the help of the rating it is impossible to fully evaluate projects and compare them. When analyzing a project, you should definitely conduct your own research.
Their rating will allow you to simplify the market navigation, assess the performance and achievements of the project.
Bitcoin, by the way, scored 887 points in this rating and received an A grade.
Zilliqa is also not lagging behind, the project got 787 points
For the past two weeks, the project team has focused on technical settings, as they approach the full-scale deployment of the Zilliqa Core Network.
We are waiting for the announcement of the move tokens ZIL from the team, it should appear very soon
technical analysis
We in bottom. ZILBTC formed up trend channel and now we near support line of this channel this is the best position for swing trading - position trading.
ZIL on Hourly, AB=CD Pattern + Double top?Hey everyone, today I bring you a ZIL/BTC chart on the hourly.
As you can see, We have formed a AB=CD pattern , although it's not perfect (see on google the proper fib levels) , it's quite good, as the point C is close to the 61.8 fib (it went to the golden pocket (61.8-65) ) , and the point D is at 1 (Length from A to B, dragged to C) .
By doing the AB=CD pattern, the minimum target is point C.
We can also see that it's forming a double top , it just needs to break 449 to confirm it.
The target for the double top is exactly the 1.272 fib target of the short!
If we look at the Daily of ZIL, and draw a fibonacci retracement, the 78.6 fib is in a cluster with the 1.618 target of the short!
Be prepared guys, now it's up to you how you chose your sell target!
Either choose:
1) Point C which is the 1 fib target in conjunction with the golden pocket.
2) Fib 1,272 in conjunction with the target of the double top(if confirmed).
3) Fib 1.618 in conjunction with the 78.6 fib retracement on the daily.
Caution: After the target is reached, it doesn't mean you should go long! It can go sideways for a while, when it turns bullish I will update and post a new chart.
If you want to share your ideas , comment down below and like if you enjoyed this analysis.
Disclaimer: I'm not a financial adviser , i'm not responsible for any losses due to following my chart analysis!