$ZIL looking very bullishWhy am I bullish on ZIL? Well for one, we have seen the highest daily volume ever recorded for $ZIL recently. It also looks to be forming an ascending triangle, which is inherently bullish. On top of that, $ALTS in general have reacted very well to this recent $BTC retrace, which leads me to believe we are going to see some strong alt bounces across the board. ALSO $ZIL's smart contracts are coming out on June 10th, which can definitely cause some bullish momentum. If you are looking to go long on alt coins, I think ZIL is one of the best choices at the moment.
Zil
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 #ZILBTC TAResistance trend is broken
followed by a local pump to 0.382 (the dead cat bounce level)
still not bullish
Minor Support trend is established
last two bounces of the support were getting weak
it's to keep as long as the support trend is maintained
once this support is broken, 200~210 then 140~150 are the next support levels I am watching
[ZILBTC](150%) Zilliqa Trade Setup @alanmastersHere we are sharing a trade with you for Zilliqa (ZILBTC).
This one has good potential and can move soon.
Remember... You deserve the best!
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Trade: Zilliqa (ZILBTC)
BUY: 0.00000210 – 0.00000250 (240)
TARGET:
(1) 0.00000278
(2) 0.00000298
(3) 0.00000320
(4) 0.00000355
(5) 0.00000390
(6) 0.00000420
(7) 0.00000450
(8) 0.00000540
(9) 0.00000600
STOP: Close weekly below 0.00000180.
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Thanks a lot for reading.
This is Alan Masters.
Namaste.
$ZIL Next Move Should Be Violent! Best Time to Enter? NOW!Zilliqa currently has it's deposit and withdrawal suspended due to mainnet update on Binance, so it actually need an accumulation prepartion for it's parabolic move.
Next update from CEO and the whole dev on 16 June 2019. It's getting closer. Zilliqa has a lot of fanatic supporters. No doubt, this one will aging so well.
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TIPS: PATIENCE & PERSISTENCE ARE KEY TO SUCCESS
RISK WARNING: Cryptocurrency investment is subject to high market risk. Please make your investments cautiously. I will make best efforts to bring profitable signals, but will not be responsible for your investment losses or profit.
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Zilliqa $ZIL forming H&S - VERY BULLISH!Zilliqa $ZIL has been trending downward over the last few weeks and looks to have found a bottom and is now forming a head and shoulder pattern. If this plays out then the pattern will be complete around June 7 and will be aiming to break out of the downtrend. The timing is perfect as Zilliqa smart contracts are introduced on June 10. Zilliqa also expected to announce partnerships on their Zilliqa Day celebration a few days later. Many reasons to be bullish on this one.