WATCH this resistance level on ZIL/BTCWe're looking at the weekly chart of zil/btc. We've reached the weekly resistance that was created since May 2019. We've tested it already a couple of times. The more times we test it, the higher the chance of a breakout.
I expect a large move against bitcoin for zilliqa if we can get above this resistance area. Keep an eye out for this level!
ZILBTC trade ideas
ZIL/BTC Long Breakout (H4)Trades > Create:
(Current Price: 0.00000327)
Either confirm or choose to edit the trade
⚡⚡ #ZIL/BTC ⚡⚡
Client: Binance 01
Trade Type: Breakout (Long)
Entry Targets:
1) 0.00000361 - 100.0%
Take-Profit Targets:
1) 0.00000427 - 51.612%
2) 0.00000469 - 25.806%
3) 0.00000538 - 12.903%
4) 0.00000644 - 6.451%
5) 0.00000717 - 3.225%
Stop Targets:
1) 0.00000296 - 100.0%
Trailing Configuration:
Entry: Percentage (0.0%)
Take-Profit: Percentage (0.0%)
Stop: Moving Target -
Trigger: Target (2)
zilbtc continuation patternZilliqa looks really good.
If it completes an abcde pattern, or a cup and handle/ breaks the red line of the symmetrical triangle, things are likely to go very high.
A breakout of the rising channel would see the price propel very high, usually when rising channels are broken to the upside, a parabolic rise follows.
This can be seen on theta/btc and thetafuel/btc.
As usual this is just an idea. Do your own research.
Check out my other ideas if you are interested.
$ZIL, Showing some signs of accumulation above ~230 sats$ZIL
Showing some signs of accumulation above ~230 sats
For now UCTS remains quiet on the 1D & volume is not doing much but worth setting some alerts just in case it catches up..
Usually movements on asset are quite vertical once it starts
Will update if I see changes👍
#ZIL
ZILYOUR LIKE OR COMMENT IS MY FUEL FOR NEXT ANALYSIS :)
This is not a financial advice. Always do your own research and always put stoploss in your trade (SL) :) If you want more detailed info how to study and read charts or just need help with some coin, just write to me here a comment, i will try to answer to everybody... i can help you :) all for free, don't worry, BE HAPPY!
If u like the analysis, please feel free to ask any question about this TA or crypto or any coin - leave a comment or like or share the idea, i really appreciate it because then my work makes sense :) thanks!
ZIL - big opportunityAs u can see there is a huuuuge bull flag + giant cup and handle is forming... Worth to watch with new week coming in two days. Already 3x stophunted in descending channel (will break up) - 3x lower lows. Should we wait for the 4th one?
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This is not a financial advice. Always do your own research and always put stoploss in your trade (SL) :) If you want more detailed info how to study and read charts or just need help with some coin, just write to me here personal message, i will try to answer to everybody... i can help you :) all for free, don't worry, BE HAPPY!
If u like the analysis, please feel free to ask any question about this TA or crypto or any coin and also leave a comment or like or share the idea, i really appreciate it because then my work makes sense :) thanks!
Make It Rain ZIL/BTC #ZilliqaCommunity #ZIL $ZILHere we see our weekly ZIL BTC chart from Kucoin with that big pink Ichimoku cloud on it . As you can see we have closed weekly candles inside this cloud since the start of the year . This is extremely bullish in my opinion because once a coin enters into the weekly Ichimoku cloud it is almost certainly going to continue up to the top of that cloud and probably eventually break though it ( and maybe continue upside from there . ) Now you see that red line on my chart ? That's an area of big resistance on the weekly chart near 713 . It's also right above the .236 fib line. So this seems like a near term target for Zil .But obviously having broken through the cloud at that point it would be bullish for more upside. Potential targets above that would be our fibs at
1067 - that's our .382 fib
1376 - that's our .5 fib
1684 - that'sour .618 fib
1915 - that's our .706 fib
obviously Zil can continue higher after that too, but let's see ! Also thank you to any Zilliqa Community members who see this .
ZIL long termYOUR LIKE OR COMMENT IS MY FUEL FOR NEXT ANALYSIS :) IF U HAVE ANY QUESTION REACH ME HERE
This is not a financial advice. Always do your own research and always put stoploss in your trade (SL) :) If you want more detailed info how to study and read charts or just need help with some coin, just write to me here a comment, i will try to answer to everybody... i can help you :) all for free, don't worry, BE HAPPY!
💡Don't miss the great buy opportunity in ZILBTCTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.0000021).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical 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 62.
Take Profits:
TP1= @ 0.0000033
TP2= @ 0.0000039
TP3= @ 0.0000048
TP4= @ 0.0000058
TP5= @ 0.0000067
TP6= @ 0.0000090
SL= Break below S2
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