9 hours left to close above the 21 EMA and hope remainsThis will determine if the pain is done or not.
ZILUSD trade ideas
This is it! Moment of Truth. Over the next 2 days, we need to bounce off the bigger pitchfork or hope is lost.
I mean...it's not that crazy right?? I could possibly see a solid bounce here but could defnetly see it going bad as well..I gotta bag but idk if i should hold on to it lol
ZILUSD Continues to respect this ascending resistanceAs I see it, altcoins often help us to see the movement of bitcoin as well. As ZIL could continue down reaching a new lower local low. Hold your dollars. If you bought the dip and sold this top, well done! As for now, we need to watch patiently. BTC's fakeout may have flipped a lot of people bullish but things are looking rather dicey. Have your money ready in case we see a giant move down. Cheers. Also, if this previous neckline becomes a shoulder line for the top of the right shoulder on a broader scale, we could be seeing a decently big correction for ZIL if BTC decides to move downward.
Head and shoulders, potential short term reversalDrew this neckline a few days back and it seems to have respected it after two tests, one of which was a quick test today. I would say sit back and relax before FOMOing into this coin. Take your profits if you had any. If BTC breaks $9k, ZIL will dump with big investors taking profits from ALT coins. Same reaction that happened when the stock market went down in March. Be careful and have your dollars ready :) ZIL still on the highly bought side on the daily. Would be healthy to see RSI head down to the oversold for a little before returning to a median value.
ZIL/USD- 48 Hour retrace ending?I think those that have found an entry recently at support are in a strong position.
Indicators suggest it's time to turn the ZIL ship skyward again.
I'd be looking for a move out of trend line or possibly a retest of current support for entry.
A fall through to lower support would be ideal but I think the bullish sentiment around this project won't let that happen.
Keep an on eye on it over the next 24 hrs.
As always, not financial advice, just my own thoughts and TA.
Thoughts and feedback welcomed.
Bingaz
zill broke the trend line hope you did not FOMO in at this point out of zill happy with what i have targets are there , short if you like
ZILUSD Price Analysis: Trading in a triangle above support ZILUSD Is trading in a steady growing uptrend with its uptrend line estbalished and already holding
For now it is consolidating int a symmetrical triangle which is more bullish than bearish
ZILUSD is still trading above the 55 and 20-EMAs and has some good support at the uptrend-line.
The next will be that the triangle confirms and there are somme interesting targets at the upside.
For now it is more possible that the triangle confirms bullish as bearish because there is strong
support all over the place but in case it confirms bearish this will be confirmed with a clear
and decisive break of the uptrend-line down.
The RSI is sending some moderate signs which can definitely change to the upside because that
comes often after the RSI consolidates in the middle.
TREND: Sideway
EXPECTATION: Breakout
TREND AFTER EXPECTATION: More likely upside
MARKET OPEN (JUN 13 16:49 UTC)
PREV: 0.02599900
OPEN: 0.02599900
VOLUME: 332.888K
DAY'S RANGE: 0.02280000 — 0.02673000
I release you! From 1 pitchfork to another - $0.0362If we can close above the first pitchfork, we can truly leave it behind and find the median line of the new one
Flame of Udun! Here we go. Next target $0.0362I did not pass through fire and death to bandy crooked words with any serious correction this early.
ZIL/USD- Further Gains?Quick Update on my thoughts for Zil's near future-
Watching for break from current resistance or retrace to support for entry.
Using very short time frames here so (grain of salt)
As always, charts are not financial advice-
Just my own thoughts and TA.
Have a profitable weekend!
Bingaz
zil usd about to have its fomo pump if you stepping in this one just now you fomoed in officially, have your stops under the parabolic trendline
$0.0282 is inevitableConfluence of 3 things:
1) The magic curve that continues to be respected
2) Major Fib circle level
3) Boundary of Pitchfork
Normally it would retrace after that, going by the declining volume, but with Staking beginning next week and HG Exchange on the brink of exploding the volume of ZIL trading soon, taking profit here would be a huge gamble.
"No Gimli, I would not sell unless I had no other choice"
Potential cup n handle on 1H chartCould single a continuation of the uptrend either tomorrow or Sunday
ZIL/USD - Update: Consolidation before next bounce?Congrats to those that took the latest break for some solid gains.
Support seems to be holding quite a tight line.
Some lower support lines should link up with current PA in the next few days which may bring potential for another big pump however a loss of the parabolic support could see a deep dive.
Indicators suggest a need for some consolidation before progressing further North.
Zil has already been an absolute cash cow so some there's higher risk with entries here.
We originally called ZIL out to our trading group on May 12th with an 80% Target within 40 days.
Email was titled "Zil - A Sleeping Giant" for those that remember.
Needless to say it's surpassed expectations and last night hit 191% to the good in about 26 days.
(Congrats to those involved early, caution to those entering now)
As always, not financial advice, just my thoughts and TA.
Have a great week.
Bingaz.
$ZIL riding the pitchfork to the moon!A disclaimer - I do not plan on selling my ZIL stack until it hits $1.00.
Like it or not, this has to be one of the sexiest charts in crypto right now.
All indicators point to a one-way ticket to the moon.
However, if you're looking for a good, conservative place to sell, I'd wait until it breaches the red line on the pitchfork. Best of luck to all of you!
