Zil/Usdt- Broken out of downtrend, Established support.Zilliqa has managed to push through the upper limit of the downtrend channel. Seems to be holding its own against a bleeding bitcoin. Investors are keenly looking forward to tomorrow where an announcement which will most probably provide an official elucidation on Zil/HGX dynamic will be made. All eyes on -
1) The upper limit staying as support.
2) Major resistance is at 0.80$
Feeling Tipsy?:P
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All tips welcome!
Zilliqa
Premium SignalI have marked this long on the basis of what I see in the short term, however there is currently potential for downward pressure against the BTC pair in the Mid Term TFs
As the Red RSI has closed in the 45 minute below 50 we are now in a race between the Energy in the 45 and the Red RSI in the 90. The Energy in the 45 needs to close above 50 before the Red RSI in the 90 crosses below 50 in order for us to see a possibility of a reversal to sustained upward pressure. In the 45 the Green MA and Red RSI are below 50, if they do not turn up, we are at risk of the price action dropping into at least the White/Aqua Bollinger Bands and probably the Aqua/Orange. We also have to be aware that the Blue LSMA in the 45 is very close to crossing below 50, this would mean we would stand a strong chance of the Bollinger Bands expanding and the price action to fall with it between the Aqua/Orange lower BBs. However the green has in fact turned up and the Red RSI has made contact as the Green is rising - this indicates upward pressure if it can close like this. The Green is higher than the Energy in the 3h & 6h which indicates bullish sentiment, it also looks as though it has a good chance of getting higher than the Energy in the 45. It is my opinion that the Energy will win the race and we can see a period of upward pressure. Although the Energy in the 12h is higher than the Green, we have seen the Green rise strongly with the Energy. We also have a "Premium Signal" in the 12h.
Premium Signal:
The Red RSI & the Blue LSMA have crossed above 50. If we close like this in 3h, there are high odds of the price action trading within the Aqua/Orange upper BBs. We are also likely to see the BBs start to expand because the Blue LSMA has crossed above 50. If I were trading this, I would consider opening a long position in the 12h & monitor it in your short term TFs.
Mid Term (3d, 6d, 9d & 12d)
We are also in a race between the Energy in the 3d & Red RSI in 6d.
We can also see potential for a period downward pressure as indicated in the 6d & 9d where we have closed with the Red RSI making contact with the Green as the Green falls.
If I were trading this, I may consider opening a margin long on short term TFs while looking for an entry for a short on mid term TFs
We need to keep an eye on the Blue LSMA in the 9d as it is turning down and we can already see the BBs begin to expand, unless it turns back up we are at risk of the BBs expanding and the price action to continue with candle bodies for the most part between the White/Aqua lower BBs as.
Trade safe
aBL
These are my opinions based on my interpretation of these indicators. I do not provide financial advice.
Many bullish signs in major alts and sleepers..Zilliqa having a serious clear broadening wedge.. which could go even up double or more..
Vechan similar with a broadening pattern as well.. which I cannot really believe as they are both between 0.8 and 1.5 billion usd cap coins..
I'll post lower market cap coins more later
ZILBTC a mega bullish Shark move Upto 1289% expectedHi friends hope you are well, and welcome to the new update on Zilliqa coin.
On the long-term monthly time period chart, the price action of the ZIL has completed last leg of bullish Shark pattern and entered in potential reversal zone. 1st the priceline found a support at 0.00000050 btc and then found another support at: 0.000001150 btc. Simple moving average 7 is forming bull cross with SMA 25.
Buying and sell ranges:
The buying zone starts form 0.886 to 1.13 Fibonacci levels, and the sell zone can be the Fibonacci projection between 0.382 to 0.786 .
This can be upto 1289% big bullish move.
For exact buy and sell targets for this trade, and other harmonic trading signals you can join:
www.patreon.com
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
ZILBTC - Potential Target 300 Satoshi & AboveBreakout and retest of previous downtrend + perfectly holding EMA 200 on 1D and EMA 100 on 3D chart.
Entry Point: 185 Satoshi
Potential Target: 300 Satoshi and above
SL: No
#HODL
ZIL 2021 Targets - Where my current thoughts are at for Zilliqa Almost 2 years since ATH. Fib drawn from May 2020 where I see the breakout starting to happen (also falls in line with ATL). If ZIL goes to ATH it would be a full 1 to 1 retracement. Recently hit key physcholigical level of $0.10 and has since done a very brief .5 fib retrace and is now attempting to find support around the .382 fib which historically held as a support for a short while after ATH. From ATH (May 2018) to breakout (May 2020) is almost dead on 2 years. Was May the initial signs of an upcoming parabolic run.
Currently studying EW and I am seeing a possible 1st wave on the daily (from breakout) to wave 2 which takes us to October/November driving us up into wave 3 but this is unconfirmed (and I am still learning EW), subwaves identified and I am expecting that if this is the case we are on wave 4 with wave 5 to take us to a retest of that $0.10 level. If we can break that then I am targeting a .236, .382 and ATH. Taking profit at each stage and reassessing any changes along the way.
Mainnet upgraded, bridging the ERC token gap, scalable, very community driven and very interactive with the community especially with the launch of Zeeves.
Always DYOR, this is not financial advice, do not take it as financial advice. I am always up to being challenged so if you disagree with something let me know, it is how we learn and grow
ZIL/USD 2 hour chartThis is my opinion on what could happen to ZIL. Currently, there is a bullish hammer pattern forming.
Zilusdt analyze by DaniyalDaraei crypto veteranZilusdt pair moved great from first leg and after breaking out from triangle
It will simply reaching to first target 0.09 and then after breaking out the ATH (0.097$)
It will reaching to 0.105$ and after that it will confirming the second leg and goes to extension targets.
Use it nice 😍
ZILUSDT formed BAT | Upto 20.5% move expectedHi friends hope you are well, and welcome to the new update on Zilliqa coin.
On 4-hour chart, the price action of the ZIL has completed the final leg of bullish BAT and entered in potential reversal zone.
Buying and sell ranges:
The buying zone starts from 0.786 to 0.886 Fibonacci levels, and the sell zone can be the Fibonacci projection between 0.382 to 0.786 .
Stop loss:
The maximum extent of potential reversal zone at 0.886 Fib level can be used as stop loss.
Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility of 160%, and the loss possibility is 20.5% and the loss possibility is only 3%
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
ZIL/USD longHello guys, this is how i see the trend for Zilliqa in the next days. For me this coin has a very good potential.
*This pattern is the same when DOT was in 5 dollars. Now we know the actual price.
ZIL riding a retest/support line.Zilliqa has seemed ready for some upwards movement for the last day or two. We retested the break out of our falling wedge on the 6th, again on the 7th, and here we are on the 8th.
BTC's steady creation of new highs and social media attention seem to have kept it in the spotlight for the last days. A short term (BTC) overbought correction may soon be imminent. However, average joe and his grandma are talking about crypto... BTC's strong buy sentiment cannot be ignored. ALT's may lack a ton of movement today as BTC Dominance stays strong. This whole year will be uncharted territory based on our current circumstances. Political issues, stimulus coming, dollar weakening... crypto's perfect storm. We know in the longer term we're headed nowhere but up.
If we fail to hold support around $.071 we could be in for another short term dip down to the $.066-.065 area.
Keeping an eye on BTC.D as we have approached resistance area. If it fails to break above, ZIL and ALT's could see some growth as dominance falls a bit.