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ZILLIQA ($ZILUSDT) 💹 | Zooming into Zil for the Double Kill?🏁On our last ZIL chart, we illustrated how ZIL was coming up to heavy resistance on higher time frames and only has a handful of key support ranges below. What the bulls need to do to maintain momentum in the current uptrend is to find support ASAP and quickly head higher. Failing to do this isn't the end, it just really dampens the immediate bull case, which means fewer eyes on ZIL and buyers, which likely leads to more downside rather than the strength needed to break the resistance above. Since this is true, and since our last ZIL chart was a broader high time frame overview, today we'll zoom in a bit to look at logical places for the bulls to find support. Our analysis today is brought to you by user request, don't forget to ask questions and request charts in the comments below. Support: The pattern so far has been shallow pullbacks full of higher lows and clearly bullish price structure. This current correction is already looking a little bit more like a top due to a deeper pullback and the retest of the previous range (this is a first since the uptrend gained momentum). With that in mind, the S1 bullish S/R flip and orderblock cluster is the most logical place to find support if the overall uptrend is to continue. We may have lost a little bit of bullish price structure, but a move up at S1 retains a structure of higher lows at least. If S1 can't hold, then a retest of the S2 S/R flip also generally retains the overall bullish structure. Accumulation between S1 and S2 before moving higher, has some logic to it, especially on a higher time frame where we would be finding consolidation ontop of an important range from the first half of 2019 (see related ideas for our higher time frame ZIL chart). At S3 things start looking grim for the bulls. Breaking below S2 means momentum is lost and clearly bullish market structure is too. It isn't like S3 or even S4 can't act as support and eventually result in a move higher, but it is likely that the excitement and the bullish narrative gets lost with a retest of these levels. If we do end up going down below S3, we suggest looking to our longer-term ZIL outlook in the related ideas below. Resistance: In terms of local support and resistance, there is only one level to contend with, that is the R1 bearish S/R flip. If bulls can break above R1, we are likely going to run unless the broader market pulls back with enough intensity to stop alts from running. Summary: The bulls will want to S1 or S2 hold and then R1 broken quickly. The longer ZIL corrects, and the deeper it corrects, the more momentum is lost. While there is a bit of good news like Binance staking to help hold up price, momentum and bullish structure is the main thing ZIL has going for it, so bulls want to focus on retaining that above all else. Resources: twitter.com Hit that 👍 button to show support for the content and help us grow 🐣
by AlphaBotSystem
8
ZIL - go Long!Hi everyone Zil 4 chart show us how this coin pumped from 119 sats all the way to the 311 sats, amazing.. We can see a pattern in ZIL's growth. Each time it pumped, the token accumulated a bit and pumped again, look at the RSI. I believe we are in the same situation right now. Zil formed a downtrend and RSI is in the oversold area, which indicates that the bears own the situation right now. But history repeats itself and as the last 3 times, ZIL will rise. Fundamentals are also on their side, on Monday they are announcing a partnership and everyone is hyped to see who it is. Also, they will be available on the Pool-x platform for staking, which is also positively affect the price. Good luck!
Long
by LuckyTradez
7
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
BINANCE:ZILUSDLong
by Bingaz
7
ZILLIQA 👁️‍🗨️| How Zilliqa Can Help The 9th Season Of GOT🔞Zil has made a mind-blowing 1,200% run since the COVID bottom, despite being in a longterm downtrend before that. While the trend still good, ZIL is coming into a heavy amount of resistance. Will the bulls keep this momentum going, or is ZIL ultimately headed back down? Let's take a look at some levels to see what both the bulls and bears are up against. Support: As you a see, there aren't a ton of support levels showing on the chart. This is because the velocity of the most recent move has made it so we can only detect some key levels on lower time frames. Within the first range on the chart, there are notable support. Even though its levels can't be seen here, this is the ideal place for bulls to find support if there is a pullback. The S1 S/R flip and the S2 S/R and orderblock both give the bulls a chance to revisit lows if we do head down there, although the trend will be pretty dismal at that point. Meanwhile, at the bottom, we have one last bullish S/R flip that may act as a support of last resort at S3. Resistance: The bulls have a lot of resistance to contend with above. First up Is the R1 bearish S/R flip and orderblock cluster, after is the R2 S/R flip. These both come from the range formed in 2018 before the big drop. It'll be important for the bulls to make it up here and find support (without fully breaking momentum) if they want to contend with higher levels. Our next resistance after is the swing high of that aforementioned move at R3. Above R3 is the R4 orderblock that was formed on the way down during the immense downside move. Continuing up we have the R5 orderblock + S/R flip cluster. Again, these two come from a range made on the way down in 2018. At R6 we have an orderblock near the range highs of the noted range. Next, we have R7 which is an S/R flip that seen heavy respect as price attempted to swing up. Lastly, we have the R8 and R9 bearish orderblock which are the last points of resistance for the bulls before making all-time-highs; an unlikely, but possible, event. Summary: The bulls need serious momentum to keep going, but the longer it goes the more overextended the move becomes. Support will need to be found eventually, but stopping to find support means losing momentum, which may be worse than becoming overextended. Bulls are playing a dangerous game, but this trend is jaw-dropping and so are the returns so far. Resources: twitter.com ✨Drop a comment asking for an update, we do NEW setups every day! ✨ Like, Comment & Follow to help the community grow 🎉🎉
by AlphaBotSystem
12
$zil $btcok ok i know Dj thisle has been showing this coin for a while, ive been in as well, and ive told ppl a week or 2 ago in telegram this looks like one of the best runners this season, same as dash back in 2016 (or similar etc etc). Anyway, my pc been down a while. i dont have any right now as i sold it at 245 few hours back, as i trade it a bit, but, this is the coin you want, steady up and quick down moves, coming off decent up off a consolidation and it keeps moving. You wanna buy doge? sc? fct? eth? bnb? you holding it now like the other 7 ppl i chat with? if its not going straight up or down dump it and buy somehting going straight up. why have it? money is time. things going up keep going up, go into momentum and keep it up. At same time, dont hodl bags, dont buy stuff in huuuuge massive candles up, and this is almost straight up. Man i love it. as always, not financial advice when all this stuff crashes, and we arnt even pumping mid/high caps yet, youll see 3 days in a row -20-40%, it will be havoc and blood, and you do not want that dip. when will this happen? I guess when btc moves into blow off local top AND high caps move up completely parabolic on the 4hr with btc. sigh. i remember those times well, and what follows. *stared off to the side for a sec*. Good luck friends. (note, the btc chart is one i havnt opened since 2017, for some reason when i fixed my pc it used the older ssd, meh all good, wrote the numbers on it but unsure what else is there.) *overbought stays overbought*
BITSTAMP:BTCUSDLong
by Noobincrypt
#ZIL/BTC (June 10)ZIL is our super signal that I recommended all to buy it when it was at dip. And at this moment, it is so crazy and if you didn't have a map for it, you would be lost. Next target of ZIL is about 330sts that you should get out because its volume is decreasing gradually, and 330sts is also the super resistance zone that you will not want to bet on it After sold everything at 330sts, we will wait to buy it back at 225sts for the last wave ride to above 400sts Remember, 200-225sts is the only support zone that we can believe in.
by CryptoStation
1
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.
BINANCE:ZILUSD
by Bingaz
4
ZIL/BTC Still 200% Potential or Dump Hard..?#ZILBTC TA Update overview:- #ZILBTC currently trading at 22 Satoshi And now i am bullish because of Good Fandamental coming soon last of this month. But now trading at Strong Resistance level so i cam expect some retracement before next leg upward. But also keep in mind if breakout 225 Satoshi level then i can expect 310/485 Satoshi Targets. Support: 167/136/95 Satoshi Resistance:/ 310/485 Satoshi If you open any trade then first check confirmation as i told you above chart. Please Click LIKE button and Appreciate me guys. Must follow me for Latest crypto Updates. Thank you
Long
by CryptoPatel
12