ZILBTC
ZLBTC ... Wants to break downI got many requests about ZIL in some groups.
I've decided to share my TA for long term.
This chart in my personal opinion is very perfectible and easy to read.
After and Extended wave 5 ZIL made a very big correction ...
Breaking even the top of the wave 1 that is very bearish for me ...
After C made a symetrical triangle same as BTC from 6k to 3K and broke down .
Now Zil if forming a potential symmetrical triangle again doing ABCDE
but there a lot of resistance EMAs are acting as very good resistance and Weekly Stoch is going down.
I don't see good support to go upside for making C wave.
If btc breaks down I am pretty sure ZIL will break down going lower .
I would be very careful with this coin.
There is a possibility for the beginning of an uptrend in ZILBTCTechnical analysis:
. ZILLIQA/BITCOIN is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 51.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00000458 to 0.00000412). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00000458)
Ending of entry zone (0.00000412)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons :
Take Profits:
TP1= @ 0.00000500
TP2= @ 0.00000576
TP3= @ 0.00000680
TP4= @ 0.00000684
TP5= @ 0.00000684
TP6= @ 0.00000832
TP7= @ 0.00000960
TP8= @ 0.00001130
TP9= @ 0.00001370
TP10= @ 0.00001610
TP11= @ 0.00001955
TP12= @ 0.00002393
TP13= Free
There is a possibility for the beginning of an uptrend in ZILBTCTechnical analysis:
. ZILLIQA/BITCOIN is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 47.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00000458 to 0.00000412). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00000458)
Ending of entry zone (0.00000412)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00000500
TP2= @ 0.00000576
TP3= @ 0.00000680
TP4= @ 0.00000684
TP5= @ 0.00000684
TP6= @ 0.00000832
TP7= @ 0.00000960
TP8= @ 0.00001130
TP9= @ 0.00001370
TP10= @ 0.00001610
TP11= @ 0.00001955
TP12= @ 0.00002393
TP13= Free
Ziliqa APRIL SHOOOOT
Ziliqa now is forming a bullflag in 3D timeframe + MA bullcross will happen what means this coin will go up untill 502-522 sats zone which is aprox 7% potentialy gains from here.
Macd bullcross and we still going up slowly,Rsi is below neutral zone at the moment but i expect a breakout soon because MA will help ziliqa a little bit
First target: 500-522
Second target 587-597 sats
ZILBTC "support channel and 618 support"ZIL perform bullish channel up right now,
and today this coin touch support channel at 618 support. This is a good time to buy ZIL
For this setup, we have target at 512 with maximum projection at 578
If this pattern failed, ZIL will return to previous support at 426
Time for Zilliqa to shine - Inverse H&S with Fibs/Ichimoku IdeaZIL-BTC Bullish reasons:
Inverse Head and Shoulders Right Shoulder forming which potentially will test 650+ neckline that coincides with 0.236 Fib retracing to 1st Lower High on Daily immediately after ATH that confirmed the downtrend.
Daily Ichimoku bullish crossover (conversion line crossing base line) happened under the cloud (weak to medium signal)
Lagging line above price candles 26 days ago - Strong indication as price entered the cloud too.
Future Kumo twist about to happen - Looks like a strong possibility now.
Confirmation of a bullish move to test neckline
Price piercing out of the cloud and new daily candle breaking out of cloud
Lagging Line out of cloud 26 days ago
Future Kumo cloud turning bright meaning Span A above Span B.
Trade Opportunity
Entry - Under 480
Stop Loss - 420
Targets
Target 1 - 546 (Cloud Resistance on Daily)
Target 2 - 650 (Inverse H&S Neckline)
Target 3 - 688 (0.236 Fib retracement to All Time Lower High (LH)
Target 4 - 895 (Optimistic 0.382 Fib retracement to All Time LH)
If you like this idea, give me a thumbs up. Also have a look at my AI Lite indicator which populates BUY/SELL signals on chart based on a high probability system that I have developed. If you would like to try it, PM me. If you are a new trader/beginner and would like a TA coaching session, PM me for a free 30m session on Team Viewer.
Happy trading.
Telegram - t.me
Twitter - @TradeChartist
ZILBTC Pump incoming for 35% GAINS? #ZIL #ZILBTC $ZIL #CRYPTOAs we outlined in our previous analysis for BINANCE:ZILBTC
This coin has been heavily accumulated by whales during past few weeks.
Hence we have been TOO!
Now as per our analysis we may see a nice run up for ZIL up to recent highs of 620 sats.
CALL is shared in our Premium group with entries and targets.
Feel free to message us on Telegram!
Comments/likes/shares appreciated!
A trading opportunity to buy in ZILBTCTechnical analysis:
. ZILLIQA/BITCOIN is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 52.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00000458 to 0.00000412). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00000458)
Ending of entry zone (0.00000412)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00000500
TP2= @ 0.00000576
TP3= @ 0.00000680
TP4= @ 0.00000684
TP5= @ 0.00000684
TP6= @ 0.00000832
TP7= @ 0.00000960
TP8= @ 0.00001130
TP9= @ 0.00001370
TP10= @ 0.00001610
TP11= @ 0.00001955
TP12= @ 0.00002393
TP13= Free