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Zilliqa / TetherUS

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ZILUSDT trade ideas

ZIL must hold .0273 to long to .034. lose .027 range .019 incomiNot financial advice Trade going forward Must keep 4 hour closes above .027 for a long to .0343 area Wait for retest .027 to see if it holds and take a long to .0343 area Currently in a bearish wedge Where .0273 must hold we lose that number on a 4 hr close. Target would be .0197 entry Target is derived from taking equal measure move up to wherever the trendline breaks you would subtract the same 27% move to the downside for the target. But this is a good thing. It is still a lower high setup on a longer time frame from it's low currently of .015 Remember to practice patience #PIK Patience is Key #TLAW Think Like A Whale
Long
by ThinkLikeaWhaleTLAW
ZILUSDT H&C"Cup and handle is a technical chart pattern used in trading and investing to identify potential bullish continuation patterns. It is formed by a "cup" followed by a "handle." The "cup" is a U-shaped curve that is formed when the price of an asset rises, then falls back to the same level or slightly lower, and then rises again to the same level as the first peak. The "handle" is a small downward price movement that occurs after the peak of the "cup" formation. The pattern is considered bullish because it suggests that the market has reached a bottom and is now ready to move higher. Traders often look for high trading volume during the "cup" formation, which indicates strong buying activity, and lower volume during the "handle" formation, which indicates a consolidation phase before the asset potentially moves higher." - ChatGPT
Long
by dREi
ZIL/USDT going to the retestHey, guys ✌️ ZIL/USDT has been a coin that we wanted to take a look at for some time now. Well after breaking that trend two days ago price fell until the meeting of 200EMA - from there it pushed the price back up and now we are here at the retest of the trend and 100EMA as well. We are waiting for clean breakout or clean rejection from that trend in order to take any position here. This trend sees strong with 100EMA as a backup there as well. Let's wait and see! If you like ideas provided by our team you can show us your support by liking and commenting. Yours Sincerely, Swallow Team 🔱 Disclamer: We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
by SwallowAcademy
10
ZIL Ascending Triangle Above TRAMAZil/USDT Create Ascending Triangle on Binance 4h Chart pattern above the Trama Ascending Triangle The ascending triangle is a bullish formation that usually forms during an uptrend as a continuation pattern. There are instances when ascending triangles form as reversal patterns at the end of a downtrend, but they are typically continuation patterns. Regardless of where they form, ascending triangles are bullish patterns that indicate accumulation. Because of its shape, the pattern can also be referred to as a right-angle triangle. Two or more equal highs form a horizontal line at the top. Two or more rising troughs form an ascending trend line that converges on the horizontal line as it rises. If both lines were extended right, the ascending trend line could act as the hypotenuse of a right triangle. If a perpendicular line were drawn extending down from the left end of the horizontal line, a right triangle would form.
Long
by BabarLaghari