ZILUSD trade ideas
Possible Bullish Continuation Pattern for ZILLIQARecent Blockchain (2017), but already in the Top 50 of coinmarketcap,
ZILLIQA distinguishes itself by its advanced technologies:
- Sharding: intelligent division of workload between minors
- "home" language supposedly more efficient for its Smart Contracts
I didn't buy ZIL in 2018 because I found it overvalued with regard to its strong supply of about 1 Billion, but its strong retracement as on the majority of the crypto-market makes it today seems particularly interesting in terms of risk-reward
My opinion is of course supported by chartism in progress, which seems to be now in a Symmetrical Triangle of continuation with target at $ 0.03
The volume analysis corresponds to the rapid rise then slow decline typical of symmetric triangles:
we must now monitor the rise in future volumes, necessary for a bullish breakout
The RSI 14 indicates a recent overselling that is a priori auspicious for the future (see the precedents that I highlighted on this indicator)
This remains a trade "high risk high reward", so in your soul and conscience after thorough study of fundamentals, team / community / partnerships, etc. You alone are responsible for your investments, good luck to all!
Zilliqa Price Analysis ZIL / USD: Prison Break, Round 2Fundamental Analysis
Zilliqa continues its move up after the project announced that it has enabled smart contracts. This opens the platform for a wide community of dApp developers, and could catalyze ecosystem growth with dApps development.
Zilliqa / USD Short-term price analysis
Zilliqa has a bullish short-term outlook, with the cryptocurrency still trading above its 200-period moving average on the four-hour time frame.
The four-hour time frame shows that a large inverted head and shoulders pattern has formed, with the ZIL / USD pair now slipping away from key neckline resistance.
Technical indicators across the four-hour time frame are neutral and are currently failing to generate a clear trading signal.
Pattern Watch
Traders should note the October 5th, 2018 swing-high is the overall upside target of the inverted head and shoulders pattern on the four-hour time frame.
Relative Strength Index
The RSI indicator is also neutral on the four-hour time frame and is highlighting the current indecision towards the ZIL / USD pair in the short-term.
MACD Indicator
The MACD indicator is neutral on the four-hour time frame and is failing to generate a clear trading signal.
Zilliqa / USD Medium-term price analysis
Zilliqa has a bullish medium-term outlook, with the cryptocurrency pressing against key trendline resistance on the daily time frame.
The daily time frame is showing that the ZIL / USD pair is now trading towards the top of a horizontal price channel, with bulls so far failing to perform a range breakout.
Technical indicators on the daily time frame remain bullish and continue drift higher.
ZIL / USD Daily Chart by TradingView
Pattern Watch
Traders should monitor daily price closes above the horizontal price channel as it will likely signal a major sentiment shift towards the ZIL / USD pair.
Relative Strength Index
The Relative Strength indicator is bullish on the daily time frame and still shows scope for further upside.
MACD Indicator
The MACD indicator is bullish on the daily time frame and continues to generate a buy signal.
Conclusion
Zilliqa remains on the cusp of a technical breakout on both time horizons, with the recently created bullish pattern on the four-hour time frame highlighting the potential path ahead.
If a technical breakout fails to occur on the daily time frame, sellers may start to force the ZIL / USD pair back towards its 200-day moving average.
Zilliqa- Massive head & Shoulders formationZilliqa's big smart contract capability release is in a couple days and the chart is set to pump to levels not seen since last fall- nice.
DYOR
Zilliqa Price Analysis ZIL / USD: Approaching BreakoutZilliqa / USD Short-term price analysis
Zilliqa has an increasingly bullish short-term outlook, with the cryptocurrency testing towards the April 2019 trading high.
The four-hour time frame is showing that a large inverted head and shoulders pattern has formed, with the recent advance invalidating a bearish head and shoulders pattern.
Technical indicators across the four-hour time frame have turned bullish and continue to generate a strong buy signal.
Pattern Watch
Traders should note the upside target of the inverted head and shoulders pattern on the four-hour time frame would take the ZIL / USD pair towards levels not seen since October 2018.
Relative Strength Index
The RSI indicator is bullish on the four-hour time frame and still shows scope for further upside.
MACD Indicator
The MACD indicator is bullish on the four-hour time frame and continues to issue a strong buy signal.
Zilliqa / USD Medium-term price analysis
Zilliqa has a bullish medium-term outlook, with the cryptocurrency on course for a technical breakout on the daily time frame.
The daily time frame is showing that the ZIL / USD pair is testing towards the top of a horizontal price channel that has been in place since the start of 2019.
Technical indicators on the daily time frame remain bullish and continue to issue a buy signal.
ZIL / USD Daily Chart by TradingView
Pattern Watch
Traders should note that a sustained bullish breakout above the horizontal price channel will trigger a major sentiment shift towards the ZIL / USD pair.
Relative Strength Index
The Relative Strength indicator is bullish on the daily time frame and still shows scope for further upside.
MACD Indicator
The MACD indicator is bullish on the daily time frame and is still issuing a strong buy signal.
Conclusion
Zilliqa is starting to appear increasingly bullish over both time horizons, with both the four-hour and daily time frames highlighting that the ZIL / USD pair is close to a technical breakout.
If a technical breakout is confirmed, the ZIL / USD pair could rally towards levels not seen since October 2018.
ZIL POSITIVE TREND DEVELOPMENTSnew trading patterns suggest that ZIL may be ready to swing to the upside
ZIL RANGE TRADING SHAKE OUTtrading in a tight range to shake out the last possible weak hands
once this box is broken the upper range of .09 is the next likely shake out
Good chance zilliqa pops soon (x2)Stuck in wyckoff accumulation pattern. Currently building an ascending triangle, if breakout occurs the price of zilliqa might double.
Zilliqa Price Analysis ZIL / USD: Escaping With The GoodsZilliqa / USD Short-term price analysis
Zilliqa has a bullish short-term outlook, with the cryptocurrency still trading well above its 200-period moving average on the four-hour time frame.
The four-hour time frame shows that price has bounced sharply higher from the ZIL / USD pair’s 200-period moving average and is now testing back towards the neckline of an inverted head and shoulders pattern.
Technical indicators across the four-hour time frame have turned bullish and continue to generate a buy signal.
Pattern Watch
Traders should note that an even larger inverted head and shoulders pattern could start to form on the four-hour time frame.
Relative Strength Index
The RSI indicator is bullish on the four-hour time frame and is highlighting the growing short-term bullish pressure.
MACD Indicator
The MACD indicator is bullish on the four-hour time frame and continues to issue a strong buy signal.
Zilliqa / USD Medium-term price analysis
Zilliqa has a bullish medium-term trading bias, with the cryptocurrency recovering back above its trend defining 200-day moving average.
The daily time frame is showing that the ZIL / USD pair remains trapped within a large horizontal price channel that has been in place since the start of 2019.
Technical indicators on the daily time frame remain bullish and continue to show scope for further upside gains.
ZIL / USD Daily Chart by TradingView
Pattern Watch
Traders should note that the October 2018 swing-high is the projected bullish target if a technical breakout occurs from the horizontal price channel.
Relative Strength Index
The Relative Strength indicator is bullish on the daily time frame and continues to issue a buy signal.
MACD Indicator
The MACD indicator is bullish on the daily time frame, with the MACD signal line still issuing a buy signal.
Conclusion
Zillaqa remains well supported on any moves lower, with the bullish pattern on the four-hour time frame highlighting that the cryptocurrency can still trade much higher over the short-term. If ZIL / USD bulls can ignite the bullish pattern it is likely that we will see a technical test towards the top of the horizontal price channel on the daily time frame.
I see Zil probably making a bottomAs Zilliqa makes a low in btc and has a slight divergence on the RSI i see great upward potential.
Possibly bottoming out & Starting a new weekly uptrend.
Posting Zilliqa/USD - Binance for Those Interested.Posted three possible scenarios. Hard to say which one it will be at this point in time. We will know more as the end of June approaches. I edited the highs for end of 2019 and re-posted.
Zilliqa Price Analysis ZIL / USD: Jumping Above The AverageZilliqa / USD Short-term price analysis
Zilliqa has a bullish short-term outlook, with the cryptocurrency advancing to a fresh monthly trading high.
The four-hour time frame shows a valid head and shoulders pattern, with ZIL / USD bulls working hard to negate the bearish pattern following a false downside breakout.
Technical indicators across the four-hour time frame have turned bullish and continue to signal further upside gains for the ZIL / USD pair.
Pattern Watch
Traders should note that a large inverted head and shoulders pattern will form if the bearish pattern is negated on the four-hour time frame.
Relative Strength Index
The RSI indicator is bullish on the four-hour time frame, although it is now correcting from extreme overbought conditions.
MACD Indicator
The MACD indicator is bullish on the four-hour time frame and continues to issue a strong buy signal.
Fundamental Analysis
Zilliqa is steadily gaining momentum after the news that the project is getting ready to enable smart contracts on June 10. The project has also reported that the Ledger support for native ZIL tokens is underway, which also had a positive effect on the price.
Zilliqa / USD Medium-term price analysis
Zilliqa has a bullish medium-term bias, with the cryptocurrency recovering back above its trend-defining 200-day moving average.
The daily time frame is showing that a complex inverted head and shoulders pattern may be forming, following the recent strong advance in the ZIL / USD pair.
Technical indicators on the daily time frame are turning higher and show scope for further upside gains.
ZIL / USD Daily Chart by TradingView
Pattern Watch
Traders should note that the October 2018 swing-high may be the upside target of the potential inverted head and shoulders pattern on the daily time frame.
Relative Strength Index
The Relative Strength indicator is bullish on the daily time frame and is highlighting the growing medium-term strength in the ZIL / USD pair.
MACD Indicator
The MACD indicator is bullish on the daily time frame, with both the MACD signal line and histogram generating buy signals.
Fundamental Analysis
Although for the past six months Zilliqa has shown some clear signs of development, its ecosystem remains small. The project needs to start implementing its pilot programs into viable adoption use cases, otherwise it will continue to lag behind large networks.
Conclusion
Zillaqa has staged an impressive upside recovery, with the cryptocurrency shifting its medium-term trading bias and advancing above its 200-day moving average.
If buyers can negate the bearish pattern on the four-hour time frame a much larger bullish pattern will start to form on the daily time frame.
ZILLIQA to start a new run to $0,04ZILLIQA to start a new run to $0,04
Zillqa looks pretty good. I am in sice 0.0153 with a nice long!
I think this will go pretty high!
Follow this discuss!
I will update it many times!
Goodluck.
ZILUSD; Similar to XRPMarket Analysis based on Wyckoff method
- Running into end of Phase C (Spring)
- Supply had been almost dry out
- Add some position here, less risk
ZIL LONG!Hi the correlation is real on zil and iota ***IF you can't tell I have more defined images in a thread I'll be updating on twitter. Link in comments*****
Anyways, you can long zil and short iota, both with tight stops and one will profit or just long zil.
Thread in comments,
zil possible impulse wave set. not exact targets but estimates.adam eve potential, not confirmed until we breach neck line. orange line shows minimum target. but out to bust through that.
Not exact targets just using fib extensions to estimate. You can confirm top of waves by going in 4hr and 1 hr and counting 5 waves up.
ZILUSD PepsiCo Blockchain ZILUSD PepsiCo Blockchain Trial Brings 28% Boost in Supply Chain Efficiency
Food and beverage giant PepsiCo has conducted a blockchain trial that brought a 28 percent boost in supply chain efficiency.
Dubbed “Project Proton,” the trial set out to examine if blockchain could address “industry challenges” in programmatic advertising.
PepsiCo’s project partner and media agency Mindshare announced the news Monday, saying that it assisted in the trial, which carried out a programmatic end-to-end supply chain reconciliation using Zilliqa’s blockchain platform. The effort compared a control budget with one for the test to gauge the effectiveness of the technology.
Zilliqa’s smart contracts were further used to automate the programmatic supply chain, Mindshare said, explaining:
“These smart contracts reconcile impressions that are delivered from multiple data sources with payments facilitated using an internal Native Alliance Token (NAT) all in near real time, resulting in major efficiency gains and complete transparency for the brand owners.”
The results indicated efficiency increases “in terms of costs for viewable impressions, in running the campaign through smart contracts, versus one without,” according to Mindshare.
Other partners in the project included online advertising company Rubicon, programmatic marketing technology firm MediaMath and media firm Integral Ad Science.
The trial was conducted in March in the Asia Pacific region. The partners now plan to run a second phase with the addition of payments to publishers and more performance metrics.
Is this fork valid on Zil/USD MMHVH - Zil at low parallel at the moment which could be a nice entry level. However, it’s far too early to determine if the modified Schiff pitchfork is valid. Guess I know the hard way. I would see if it breach’s down but do you own research. Leave a thumbs up if you view this. Give me some love. Chairs.
