ZIL Retracement Price Action Post Parabolic AdvanceZIL has had a brilliant couple of months, thus creating a very nice price trajectory in a parabolic advance trend, that now needs to be worked out next. Seems like the $0.0215 level is lost for good, so I will for the time being discount any possibility to revisit it. BUT if this level is broken and closed above, straight up continuation is more likely. $0.0173 Level has given the expected reaction already, so if this level is to be re-tested it is more likely than not to be broken, and so would create reason to test either $0.0160, or $0.0141 or both. There is likely to be a good reaction of this level and even a possibility of resumption of the uptrend, but IF broken and closed below, traders watching this pair should look down below. The levels this chart has below the strong median support at ~$0.0150 are around the $0.0121 mark, down to $0.0083. Any of these levels could realistically be revisited and offer a great opportunity to enter, although the latter level is LESS likely. Since the weekly did not manage to close a candle above $0.025, I'm afraid a deeper pullback is in play and therefore have my eyes nearer the lower values. As always, however, watching local levels play out will eventually show us where support is gained and a change of trend will happen. Till then NO BIAS and just watching the price action. Remember that anything can happen, and trading is just a game of probabilities. So do plan accordingly, and trade safe. Shortby Ven7ura0
ZIL next impulse to .04Zil looks to be completing the retracement of a wxyxz pattern. I believe will will retrace to about .0162 level, a support line that has held for zil in the past. This is also the .5 fib retracement level, giving further confluence. After this it looks like the 5th elliot wave impulse will take Zil to about .04.Longby CryptoAdam_2210
Looks a little too similarJust let this 520% run from 2018 soak in for a little before we talk about how Spacex will be available on HG exchange etc... Not at all saying that this is going to repeat, it probably won't, but let's also remember that a lot of people were inside on the news before our current run. by filipbronola226
ZIL looking for a retracementIf zil breaks through this 12 hour ichimoku cloud I'm expecting a decent retracement to about .013-.014 area. This matches up with the golden pocket zone. Keep an eye on its next moves for confirmation. Feel free to comment your own analysis and thoughts.Shortby CryptoAdam_116
ZILUSD nice continuation pattern forming- move in the next dayZIL setting up a perfect continuation pattern- bullish bias Great confluences on the many ALTS seeing nice gains, trend line, previous resistance and 0.5 fib. Entry conditions: Break of ST downtrend to 0.028-0.0212 & retest. Opposing view: ST downtrend could win out here and we could see a break of the trend and support at 0.018 range, signalling further pullback to the 0.618 fib or lower, which is why we will wait till break and enter balls deep then. Longby NickMacdad8
Map to the stars - $0.0913 by 16th JulyInterim targets - $0.0297 $0.0454 $0.0609 $0.0913Longby Gandalf1231113
$0.0454 around 6th July 2020Radagast lent me some of his mushrooms. They revealed new confluence to me.Longby Gandalf1232211
ZIL/USD- Where to from here? ZIL is seeing some support come in to play over the last couple of days however continues it's downtrend channel. Next 24 hrs will either see a break from trend on current supports shoulders, or a rejection down to a lower support which should bring buyers to the market. I think the if you picked this up on the dip two days ago you are in a good position but we may be given PA similar to that price again in the next few days if rejected by previous support line. Still bullish long term on this project but always looking for the best possible buy price to minimise risk. The other entry option on the break of trend carries higher risk, I'd be more inclined to buy a positive retest after breakout or hold fast until I'm happy with a supported entry at the bottom of channel (closer to 200SMA) As always, not financial advice, just my thoughts and TA. Bingazby Bingaz2215
You want to be a Billionaire, I want to be a Zillionaire!Man, when u wake up as Zillionaire, it must be great. Coffee tastes better. Dreams are wild. Life is great, as a Zillionaire. So bottom line is, 30% risk for a 400% gain. HMMM,who wants to be a #zillionaire Those who hold Zilliqa shall be know as - Zillionaire, i have spoken. ______REVIEW_______ Well, that worked better than expected. Very nice. Targets hit, Resistance met. Now look that in terms of SATS we are still at the bottom of the previous consolidation. Very nice. This means that valuation is decent, and has support technically as reference to begin a new round of accumulation for the next wave to start. _____END_REVIEW_____ ______FRACTALS_____ JUNE: 20,30. JULY: 1, 15. AUG:6. SEP:5 _______END________ **LEGENDS** BLUE = Bear/Resistance :: Yellow = Bull/ Support Vertical Lines: Fractal dates are moments of interest, where price and time collide to create oscillation. ~Explore the chart for possible scenarios of price actions - use zoom and scroll for better view.~ If you want your coin to be analyzed, JUST ask. I am Ajion, and i bit you a good HODL, my fellow, CryptoPunks!Longby Ajion6621
Staying in the confines of the pitchfork is a good sign. $0.0484Pitchfork drawn by trial and error, not based on fixed points, to match the most number of hits and bounces. When HG exchange goes live, the volume should dwarf previous volumes. I like dwarves. Volume has a general correlation with price. $0.0484 (my 0.618 fib) could get hit as early as June.Longby Gandalf123227
ZILUSD Price Analysis: Trading below trendlineZILUSD is trading below the important trend line which where support levels to hold the trend up Now it is trading below them that is meaning that the trend is now bearish The next times there can come a consolidation before going ahead and going more downside. When ZILUSD falls below the 55-EMA this will be a bearish sign. The rsi is consolidting in the middle line this means it can continue to the oversold region. The MACD made a bearish cross which is certainly highly bearish. Overall the trend goes to the downside so it is possible to see more of it the next time. TREND: Down EXPECTATION: More downside BECAUSE: Trendline broken PREV: 0.01807300 OPEN: 0.01966000 VOLUME: 320.889K DAY'S RANGE: 0.01736400 — 0.02189300 Zby CoinGape6
ZIL / USD Not convinced of a bottom yetI will not be convinced of a reversal until I see green clouds. It's still early after a parabolic run.Shortby Sithsgt665
The worst should be over. Gandalf Fireworks coming soon.1) ZIL has retraced to the 0.202 2) Last time this happened, that was as low as we went 3) Onwards, upwards to the 0.786 4) That's around $0.0609 circa mid-JulyLongby Gandalf123229
9 hours left to close above the 21 EMA and hope remainsThis will determine if the pain is done or not.Longby Gandalf123Updated 337
This is it! Moment of Truth. Over the next 2 days, we need to bounce off the bigger pitchfork or hope is lost.Longby Gandalf123116