ZILBTC
Zilliqa Is On the Move | Easy 120%+ Coming SoonWe are quite familiar with this altcoin project/trading pair, Zilliqa (ZILBTC), we have been looking at it since it became available on the exchanges and it has been a great money maker for us.
Zilliqa Chart Signals
A new higher high was hit recently and ZILBTC started to retrace. We know that the ALTSBTC pairs are growing and that they will continue to grow now for years to come. So now that the support has been hit for ZILBTC, it can very easily move higher.
We can see bull volume going up, while bear volume is decreasing.
The RSI looks good on at 47 on this chart. This can be considered strong here.
Zilliqa's Path
If support breaks (0.00000066), ZILBTC can move lower and test 50-60 satoshis (red arrow).
If EMA10 (0.00000073) can be broken with good strength and volume, then Zilliqa can start to grow a lot and fast.
All the details are clearly shown in the chart above.
Feel free to leave a comment if you have any questions.
Here you can see our previous chart for Zilliqa (ZILBTC)
Thanks a lot for reading and for your continued support.
Namaste.
ZIL/BTC - HIDDEN GEM READY TO GOGood afternoon, traders.
I thought I'm going to start posting some altcoin trades, as some of them have enormous upside potential..
One of them ofc is ZIL/BTC.. Ichimoku cloud is below the price right now and that's enough for me as we have very flat price action rn.
Check Bollingerbands indicator on this pair using weekly TF.. Haven't seen anything like it in a long time!.. Price is compressed and now should begin expansion again..
Keep in mind that this is my long term trade and I'll take profits one after another.. As we have a many overhead resistances to cover, it should be done with precision and one by one - just like we did at 72 sats..
204 & 347 sats are main targets (LONG TERM).
This is not a financial advise!
I'll update and make new ideas on it when at least one of the targets are met.
$ZIl Breakout. Sold at 91; Buying back the R/S retest around 81Looking for RSI to drop and bounce off the trendline. Sold my bag from 90-91; I'm looking for a re-entry around 80-82 area. A bounce there would be extremely bullish. Lots of buy volume, wouldn't be surprised if $ZIL pushed to 102-105 within the next week or two...
$ZIL, Showing a 2D buy signal after almost 1 year of downtrend$ZIL
Showing a 2D buy signal after almost 1 year of downtrend (crossing EMA50)
Zooming in:
Pushing and now trying to flip ~77sats resistance level, if happens can act as entry for a position with 1st target at ~84sats (10%)
Trendfinder turning green
#ZIL
ZILBTC Crazy price actionFormation of a triangle, looking for a return to the 0 fib level before upward movement returns, looks like some nasty accumulation.
ZILUSDT[Watchlist] : How to trade resistance breakout #2The price action for BINANCE:ZILUSDT is currently making an attempt to cross-up the resistance area which would results in a triple bottom formation . Depending on whether the price action will succeed in this attempt or not would provide traders a good opportunity to take a long position .
Overview : since the Sept 26th the price action has reached the bottom area (i.e green rectangle) three times (i.e. Sept 26th, Oct 23th, Nov 26th) on before initiating an upward move to the current resistance (i.e red rectangle) around 0.00558-0.00572. Another sign of strength is the higher lows formation made by the price action since the end of November.
Risk management : Traders should be cautious and not anticipate the breakout since it is the first time the price action is testing this resistance since the breakdown of the support around 0.00558-0.00572. Therefore, traders might wait a clear breakup followed by a pullback to take a long position. If the price closes above the top of the resistance, it will be a bullish sign since buyers would have been able to push the price above the resistance. In that case, entry price would be placed on the same level of support to anticipate a potential pullback.
Profit targets and stop loss would later be set based on the entry price.
My Trading Principles :
- Risk/Reward ratio : since it is difficult to predict every market movement, it is suggested for traders to only look for trades with a R/R ratio of at least 1:3.
- Stop loss : in addition of the initial stop loss, if the price actually goes as predicted, traders should keep a trailing stop to keep some profit.
- Position Sizing : it is suggested for traders to stick to their position sizing strategy. As a rule of thumb, most retail investors risk no more than 2% of their investment capital on any one trade.
"Remember, plan the trade, trade the plan. Build that discipline."
I will keep updating this trade according to the future price action.
Please support this idea with your likes and comments, thanks.
Best regards,
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ZIL/BTC TA Update (Bulls are back?)ZIL/BTC
Zilliqa is starting to make a move again, it is visible as the candle yesterday closed Bullish.
The fact it has been trading above 50 & 100 Day MAs, short term momentum is to the up.
If ZIL can break above 82 sats, expect the price to continue strong to the upside.