ZILBTC
Short idea - ZIL/BTCIt seems to be a good selling opportunity on ZIL / BTC.
This pair has been moving in a downward channel for more than three months.
The price is close to the upper channel's frontier, plus there is a clear horizontal resistance.
The downward trend reserve is about 20 per cent, to the middle of the descending channel.
Good risk/reward ratio.
You should wait for ATS confirmation at least on the four-hour timeframe to enter a trade.
ZILUSDT Should be facing a correction soonZIL has had a huge bullish trend the past few days, the MACD is on high levels aswell as on the RSI.
As you can see there are similarities with these two trends, some days ago the same pattern seems to occur. This trend also has lower highs, which all might indicate that a big drop is coming soon.
ZIL breakout falling wegdePlease feel free to share your view on this pair down below in the comment section. I'm more than happy to be challenged and have an interaction on this idea.
Also make sure to leave a like as it helps me out a lot!
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- Falling wedge = bullish
- Breakout on the daily
- Next resistance @ 230 sats
- Breakout = size of the wedge => New high in 2020 @ 340 sats
What I am looking for in order to enter this position:
- Retest of the top line of the wedge
- Accompanied by a spike in volume
My first target would be right below the resitance zone @ 230 sats, which makes for an easy 20% profit.
My second target would be the new high with a trailing SL of about 15%
What's your opinion?
ZILBTC Ready to go parabolic again?Ziliqa has been in a flag pattern since late June and it has broken the bearish trend line!!! YESSS go long!!!
BUT WAIT!!!
There are a handful of TA indicating that the odds of that happening now is not actually that good.
1. Zil had broken the bearish trend line once before on Aug 7th but it just went up to Fib ,618 and then crashed. I personally believe this is a recuperation from the its late crash and since it has once again hit the Fib ,618 it could go for another dive.
2. The RSI is so close to sell saturation area and another slight move to the upside will blow it.
3. ADX is not looking so good and even though it is bullish but since the DL is low that interpretation could not be given so much credit to.
In a very probably scenario it will see some minor pump and dumps around the red trend line until reaches 150 levels and from there it could go ballistic again!
GUYSSSS please hit that like bottom and also follow my profile for more exciting TA. That'd be highly appreciated.
Happy trading!
Zilliqa (ZIL) Is Ready For Another Green Walk (92%)Zilliqa (ZILBTC) is getting ready for another round of green.
Here I am mapping 90%+ for the next bullish jump.
We have all the classic bullish signals coming from this chart but the main one to look at is the MA200 black line...
Above this level, strong bullish action can always take place.
Namaste.
ZIL/BTC Testing Resistance for a BreakoutAs you can see from the chart, ZIL/BTC has been retracing since its massive rally in May-June. Until now, prices have been trading just below the 200 EMA for all of September.
Here we are looking at the daily time frame for ZIL/BTC on Binance. Over the last couple days, we can see increased volume on ZIL/BTC. Also, prices are now trading above the 50, 100, and 200 EMAs, which is bullish. The MACD has crossed into bullish territory and the RSI is strong too. I am currently bullish on this chart but waiting for the breakout for confirmation. This chart can easily print higher highs on a breakout, and the potential immediate breakout targets are 230, 280, 330, and 380 satoshi. Keep your eye on this one!
ZIL/BTC is however facing some resistance in the 185-190 satoshi range. There may be some rejection here, at which point we can wait to see the price retest the immediate support in the 150-160 satoshi range. But, if ZIL/BTC breaks out, then we can look to enter long in the 190-210 satoshi range.
Leave your thoughts and comments on whether you agree or disagree below. Also leave a like/follow if you liked the analysis! Thanks for reading, happy trading.
Price at writing: 0.00000182 BTC (182 satoshi).
THE HIDDEN GEMS OF ZIL/BTC AND BREAK THE LINE a.k.a BREAKOUT================ BINANCE:ZIL/ BTC ================
ZIL / BTC breakout the line
as u can see
ZIL HIT THE BREAKOUT LINE
maybe it's time the WEAK UP
and make revearsal pattern tu bullish time
the reason
1. zil cross the falling wedge
2. bullish engulfing
3. the price is up from ema 14,20,50,100,200
2 scenario
1. bulish, bullish and bullish
2. need corection in golden ratio and up to hit another tp
horizontal blue line is support and ressistance and it mean you can take profit.
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Zil/btc break of downtrend channel and hold supportZil/btc
After break of downtrend channel zil/btc on good support now
If it can hold support at 167 sats few days or maybe hours (lol)
High chance we can view big move in short term toward :
TP 1 = 198 sat
TP 2 = 220 sat
TP 3 = 245 sat
Stop loss daily close below 162
ZILBTC H4: BEST Level to BUY/HOLD 50% gains(SL/TP)(NEW) Why get subbed to to me on Tradingview?
-TOP author on TradingView
-15+ years experience in markets
-Professional chart break downs
-Supply/Demand Zones
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ZILBTC H4: BEST Level to BUY/HOLD 50% gains(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup
::: ZILBTC 4hour chart review/outlook
::: printing a bullish pattern
::: BUY/HOLD setup
::: get ready to BUY LOW
::: after the pullback
::: best reload is near
::: mirror S/R level on chart
::: TP BULLS is +50% gains
::: expecing bull run shortly
::: buy/hold / stop loss below
::: recent lows
::: good luck traders!
::: and get paid. period.
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9/Combo update: N/A
::: Sentiment mid-term: BULLS
::: Sentiment outlook short-term: BULLS
Zilliqa in a ascending triangle!I pretty busy today, but still wanted to post some analysis for you guys.. :)
Zilliqa is in ascending triangle formation, which has bias to break to the upside.
Buy in ascending triangle, ideally on the uptrend line.
Take profits at
1720 and below 1800.
Leave the trade if the price goes below 1580.
This should go well!
Tibor
ZIL/BTC (Testing Key Support)💎Technical Analysis Summary💎
BINANCE: ZILBTC
-Zilliqa is now testing key support area at 120s sat
-It is also trading inside a descending channel
-If the Bulls can show up and give any reversal signs
-I recommend buying the breakout of the wedge
-The upside potential is up to 200 sat area
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