ZILBTC
$ZIL Potential C&H on the daily and cross over EMA50...
UCTS buy signal on the 1D
MACD and RSI Rising
Volume starting to rise
Crossing above EMA50/100 could unleash a big uptrend movement..
For now wait for bigger confirmation(volume?) or enter with a SL...
There is also a possibility of an Inv H&S on the weekly similar to what $ADA is displaying that can push price really high but it will take at least couple of weeks to confirm... Stay alert...
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 above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 54.
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
ZILLIQAJust yesterday, the coinmarketcap published a new rating of projects. The results are set on a scale from 0 to 1000 points and have the corresponding letter grade.
With the help of the rating it is impossible to fully evaluate projects and compare them. When analyzing a project, you should definitely conduct your own research.
Their rating will allow you to simplify the market navigation, assess the performance and achievements of the project.
Bitcoin, by the way, scored 887 points in this rating and received an A grade.
Zilliqa is also not lagging behind, the project got 787 points
For the past two weeks, the project team has focused on technical settings, as they approach the full-scale deployment of the Zilliqa Core Network.
We are waiting for the announcement of the move tokens ZIL from the team, it should appear very soon
technical analysis
We in bottom. ZILBTC formed up trend channel and now we near support line of this channel this is the best position for swing trading - position trading.
ZIL-BTC Long Trade PlanCommodity : ZILLIQA
Trade Type : LONG
Trading Against : BITCOIN
Entries : Double-UP Entries throughout the Buy Zone
Profit Taking : 25% at each TP point
Profit Locking : Move SL to break even once TP1 is hit, to TP1 once TP2 hits, to TP2 once TP3 hits and so on
Duration - 1-4 weeks
Investment in trade : 15% of the total Trading Balance.
Prospective Profit : 5% to 14%
Prospective Loss : 3%
RRR : SL to TP1 is 1.6, SL to TP2 is 2.5 , SL to TP3 is 3.3 and SL to TP4 is 4.6
Buy Zone/TPs/SL price points are marked in the chart as follows
Greens - Profit Targets (TPs)
Blue - Buy Zone (Entries)
Red - Stop Loss (SL)
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 above the 21-Day WEMA which acts as a dynamic support.
. 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 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= @ 0.00000510
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
Breaking from the descending channel... many signals Volume starting to appear. RSI rising from oversold levels.
MACD bull cross. UCTS Showing buy on the 6h,12h and soon 1D.
3D chart I can see a Wolf Wave pattern targeting for ~520sats level. RSI Bullish divergence..
Token swap on march 31...
you need more? #ZIL