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ZILBTC

Zilliqa Trading Strategy and Trend Reversal ExpectedThis is my first TA. Doing it after taking a course with Cryptonary. Most of the times I'll be doing Technical analysis based on trends and Fibonacci retracement. In this chart, it can be seen that Zil/Btc hit an all-time high at 0.00002500, which in my opinion was overextended bull run. Now the Btc is taking some time to consolidate. I expect Zilliqa to reverse the trend after hitting 0.5 Fib. level (We'll see a spike and quick bounce back). I have also made a trend line and I expect to Zilliqa to bounce from the trendline. An ideal would be to see it bouncing back from 1580 levels. If this idea works then give me thumbs up. Constructive criticism will be appreciated :)
Short
by maxab
3
Zilliqa ZIL - Heads UP - Keep your eye on this oneThis is a new coin just post ICO, still in testnet. Current Value just under one Billion dollars. Based in Singapore, this coin is doing a lot of exciting things, it's Ethereum 3.0 on steroids. The technology employs sharding to increase block throughput to levels that will compete with the Visa Network when scaled. Sharding permits the blockchain to be divided into shards of the whole blockchain to get consensus on a transaction much more quickly. The overall consensus of the blockchain is still protected and prevents double spends. Visa currently can processes 8,000 transactions a second, Zilliqa has just completed a testnet run with 6 shards, 3,600 nodes on AWS (Amazon Servers) that exceeded 2,488 transactions a second. A production network will be much larger and the technology permits a nearly linear improvement in transaction speed with the addition of more nodes. Zilliqa uses a new smart contract processing approach and language that increases throughput and security over Ethereum. Zilliqa uses Scilla an automata-based language which is non-turing complete language which simplifies the process and avoids the kind of complexity that Ethereum introduced leading to very large hacks of the Ethereum network. Some features of this project are: Efficient processing with computational sharding using a process that divides the network into groups, called shards. Each shard is running a consensus protocol. Then a dedicated group of machines combines outputs from each shard and reaches overall consensus on it. Data-flow smart contracts with simple abstractions that are amenable to verification 200X and more higher throughput, built to scale Data-flow & sharding-friendly smart contracts Miner friendly: lower cost, stable rewards, compatible to ethash Much lower transaction fees for users Partnerships - Mindshare has announced that is has formed a partnership with Zilliqa. Mindshare is a global media agency with 7,000 employees and $31 Billion in annual revenue. Zilliqa is publishing all of their code to github for public review so any bugs or security issues can be revealed by members of the public, yet Zilliqa is not open source and is retaining it's legal rights to exclusive use of the code. The core team is unknown to me. Their resumes look good and the team has a few PHD and Masters Degree grads with experience that is relevant to the project. Judging by the outputs of the project so far and the partnerships they are forming, it seems the capability of this team is being proven already. Mainnet launch is planned for 3rd Quarter 2018 with the Anchor app release in the next and last quarter of 2018. My plan for accumulation of coins - I'm beginning to buy here, and will add coins in steps as the price falls with the current decline of Bitcoin. Currently I'm looking for Bitcoin to bounce back up in the 7600 to 78900 range so this would be the bottom of my expected accumulation range for buying Zilliqa. There is upward price pressure on Zilliqa and it is only the current decline of Bitcoin that is pushing the price of ZIL down. Please, Don't forget to Like Agree, Comment and Follow Me, It's additional encouragement for me to share my work. All statements and expressions I offer are my opinions, and not meant as investment advice or solicitation. Information provided is not personal investment advice. Seek guidance from a professional investment advisor before trading or investing. Trading cryptocurrencies can be a potentially profitable opportunity for investors. You should carefully consider your investment objectives, level of experience, and risk appetite. Most importantly, do not invest money you cannot afford to lose. I am not a registered investment advisor. Wishing you success, Isaac
Long
by 6Shooter
6
ZIL/BTC Technical Analysis!ZIL/BTC offers us right now two major entry zones! First one is curve support and there You must watch bullish price action like “Morning Star”, “Hammer” etc candlestick patters to enter the trade but second one.... ...second one is much much petter trade entry opportunity, price maybe do not reach there (because Zilliqa is very strong fundamentally) but if it drops then there is Your entry zone! Many powerful criteria’s match there almost on same price level - fibo, coin pullback 50%, strong support area! This is just an alert for You - watch price action and take care! Leave a comment and let’s discuss forward this... Good luck and best regards!
by VaidoVeek
1
ZIL/BTC Technical Analysis!ZIL/BTC offers us right now two major entry zones! First one is curve support and there You must watch bullish price action like “Morning Star”, “Hammer” etc candlestick patters to enter the trade but second one.... ...second one is much much petter trade entry opportunity, price maybe do not reach there (because Zilliqa is very strong fundamentally) but if it drops then there is Your entry zone! Many powerful criteria’s match there almost on same price level - fibo, coin pullback 50%, strong support area! This is just an alert for You - watch price action and take care! Leave a comment and let’s discuss forward this... Good luck and best regards!
by VaidoVeek
ZILBTC Major retracement likely comingZil has seen multiple 1.618 extensions with no major retracement Given the overextended waves and lack of retracement this coin is likely to see a long drawn out retracement down. Most common buy zone is marked on chart and would start at 1508. For the reasons below, I will wait before entering this trade. Safest entry would be to wait to see if .786 retracement happens. USD value drop is unlikely to be as significant as the btc drop; most likely scenario is Zil fails to climb to new highs on next btc pump and sees a series of lower lows into the buy zone. Recommended buy zone: 1075-935
by Murdiuss
1
Bottom Finder on ZILWe are getting close to perfecting our Bottom Finder script for crypto. The new version Bottom Finder 2.1 has much lesser false signals and has increased accuracy. Are you having a hard time choosing which coins to trade? Our script will find the right coin to trades, and alert you when it is the right time to buy no matter if the coin is pumping or dropping. Our script can catch the trend reversals so you can profit on the swing trade.This can be automated with Gunbot or Autoview so you can trade and make profit even while you sleep. ZIL is the worst coin today at Binance, down 7%. With the Bottom Finder 2.1 script, this coin was still profitable using our Bottom Finder script. The buy signal (purple spike in the chart) was generated today at the right time, and potential profit was 5%. Message me for subscription.
by Pinkypie20A
7
ZILBTC - $ZIL - don’t get suckered into this death trapHello traders, ZIL has gotten all sorts of pumps lately, mainly due to being listed on multiple exchanges within the same week. It has basically gone parabolic. Looking at the daily, you can see that the last time ZIL closed a candle below the 10 EMA was on April 10th. After that, it saw more gains than Arnold in his prime without a single candle closing under the 10 EMA in 33 days. So the question here is, will this madness keep going or will ZIL defy all odds and keep pushing? Looking at our waves in the 4hr chart, we see that our wave i was a leading diagonal with a short second wave retrace of roughly 0.382. So with a short wave ii, we also expected a short third wave iii, which we got, since it was only 1.618 of the first. In cases where you get a short third wave, you know that there is a high likelihood that the fifth wave could be extended. So how you typically project your fifth wave is by combining the gains of the first and third to project either a 1.618 or 2.618 (rare) to get your fifth. In our case, it looks like the fifth wave spiked though the 1.618 expansion at 2350 then came right back and it has been trading below this level since then which means that spike might have been our top, the end of the fifth wave… And we know what happens after the fifth wave - what goes up, must come down. Another reason why I’m bearish on ZIL is because my 4hr RSI trend has been broken. This trend was broken before on May 6th, but we came right back above it. However, this time we’ve tested this RSI trend twice after going under and got denied both times. My guess is that the RSI will likely continue its downward path, which means that our pricing will also continue a downward path. With that said, where should we expect ZIL to correct to? Well, now that the whales have already dumped all their coins, I expect ZIL to slowly slide back down to a support near the .618 retracement shown here, or about 1200 satoshi. That is the most reasonable support where we should see ZIL bounce to start its third wave. Lets let this develop and we’ll revisit this idea when we have more confirmation and a clearer picture of what the second wave looks like If you have found this to be entertaining at the least or if you hated it, feel free to let me know with a like or comment. As always, good luck and stay safe! Kinashi San *For pure fun and joy, not financial advice. Not a recommendation to buy sell or hold.*
Short
by Kinashi_San
20
zil/btc pennant breakoutBINANCE:ZILBTC i think Zilliqa, the flavor of the week, has been forming a very obvious pennant, in its bitcoin pairing on Binance. With how young the coin is, there's not a lot to go off of, other than instincts, therefor not a lot to say here, This is my first published idea, for the record. I would really like to hear some other peoples opinions of this coin, if someone wouldn't mind sharing that in the comments, along with any other comments, questions, criticisms, thanks for checking this out! BINANCE:ZILBTC
by crypto_666_hustler
8