ZIL/USD- Good Potential at the right price. Should be some solid potential trading Zil over the coming weeks.
We have seen a lot of sideways movement but it seems to be behaving itself and bouncing from support.
RSI suggests the need for a slight pullback in the near future which should correlate with a (short term) positive break/retest.
(Not a great time to jump in if you aren't on the boat already but a dip back to support may create an entry opportunity)
It may however roll with this little break all the way to previous resistance before correction.
Really just depends what the flavour of the week is.
Indicators seem solid but DYOR.
As always, not financial advice, just thoughts and TA
Bingaz.
Zilliqa
Zilliqa getting on the move!Hey, I am back with another Crypto idea, this time looking at Zilliqa.
So I was doing TA, on Zilliqa few days and I have spotted that the price of ZIL/USDT is in a cup and handle bullish pattern,
The price is currently testing previous resistance area of the whole breakout, and confirming it as support area.
- I am also waiting for a Higher high confirmation
- MACD 4H buying wave has started.
- RSI is in uptrend.
So from now, the trend of Zilliqa moves should be upward.
Cheers,
Tibor
Zilliqa coming out of in Cup and Handle Pattern!Hey, I am back with another idea, I did not wanted to post another Crypto idea today, but why not! This is a too good opportunity for you guys to miss out.
Okay, so bassicaly Zilliqa is in strong Cup and handle pattern and is about to break out of the handle, awaiting at least 20% move!
Daily uptrend, higher lows and etc. it's bullish in the TA section.
So that's it really from this analysis, if you would like more similar analysis, let me know by dropping that Agree button haha,
Cheers,
Tibor
ZIL - GOOD SETUP FOR AN 80% POTENTIAL UPSIDEHello, since the BTC dominance is signaling
new altseason as per linked idea, we are now cherry picking the best alts. After Dash and Lisk, here is the #3: ZIlliqa. It is currently showing 3 good signals for long:
1- it is above the retracement area (blue rectangle)
2- it is at the point of control. We will see if buyers can win
3- the price dragged itself above the support and above the triangle it falsely broke
I would wait for a small confirmation above the current levels. It it does, the tartget is 37sats (almost 80% from here). SL below the support at 19
Ziliqa Waves Of MomentumSo many reasons to be bullish on ZILUSD right now. If it can break above the major horizontal resistance and consolidate briefly then technically we expect faster upwards price action.
On the 1-day chart the tinken-san line is about to cross the kijun-san line (TK cross-over) which is typically a very bullish signal.
We've also had good consolidation since early June.
However the Stochastic RSI is now overbought so it may be another few days to give it time to reset as price continues to bite at that horizontal resistance.
Reaching that level will also complete our previous target of a 40% gain.
Algo bots and traders alike will be watching for a strong break.
Note: SparksterSignals (including our technical analysis and our algorithmic backtested signals) are not provided as financial advice.