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ZILBTC

ZILUSDT (ZILLIQA) - POSSIBLE PRICE ACTIONSANALYSIS 🔎 - ZILUSDT is consolidating in a symmetrical triangle pattern . - A relatively big move is imminent. - There's a breakout potential. POSSIBLE PRICE ACTIONS - Uptrend ⬆️: breakout above the symmetrical triangle's inclined resistance. - Downtrend ⬇️: breakdown below the symmetrical triangle's inclined support. TARGETS 🎯 - Uptrend ⬆️: Horizontal resistance levels (R1, R2). - Downtrend ⬇️: Horizontal support levels (S1, S2)
by Chibuike_Odoh
2
ZILBTC has confirmed a big breakoutBull flag and down channel: On daily time frame chart, the price action of Zilliqa has formed a bull flag. This flag is in fact a down channel. Within this channel the price action has broken down the daily EMA 10 and 21 but having bounce from the support of channel. The volume is also decreased. SMAs on daily chart. On daily chart, the price action of Zil has broken down the 25 SMA and having good support of 50 simple moving average. The 50 SMA is at the same level where we have the support of the down channel. EMAs on weekly chart. On the weekly time period chart, the price action is testing exponential moving average 10 as a support. Break out the down channel: Now if we switch to the Zilliqa with Bitcoin pair, then on long-term weekly chart, it can be seen that the price action has broken out the down channel and after re-testing now the price action is likely to move up. It is quite good confirmation of a firm break out. Conclusion: On daily chart, the price action is behaving like a bull flag and in Bitcoin market it has broken out the big channel on long-term. Therefore it can be possible that now the priceline of Zilliqa will start a major move to the upside from here.
Long
by moon333
5
Premium SignalI have marked this long on the basis of what I see in the short term, however there is currently potential for downward pressure against the BTC pair in the Mid Term TFs As the Red RSI has closed in the 45 minute below 50 we are now in a race between the Energy in the 45 and the Red RSI in the 90. The Energy in the 45 needs to close above 50 before the Red RSI in the 90 crosses below 50 in order for us to see a possibility of a reversal to sustained upward pressure. In the 45 the Green MA and Red RSI are below 50, if they do not turn up, we are at risk of the price action dropping into at least the White/Aqua Bollinger Bands and probably the Aqua/Orange. We also have to be aware that the Blue LSMA in the 45 is very close to crossing below 50, this would mean we would stand a strong chance of the Bollinger Bands expanding and the price action to fall with it between the Aqua/Orange lower BBs. However the green has in fact turned up and the Red RSI has made contact as the Green is rising - this indicates upward pressure if it can close like this. The Green is higher than the Energy in the 3h & 6h which indicates bullish sentiment, it also looks as though it has a good chance of getting higher than the Energy in the 45. It is my opinion that the Energy will win the race and we can see a period of upward pressure. Although the Energy in the 12h is higher than the Green, we have seen the Green rise strongly with the Energy. We also have a "Premium Signal" in the 12h. Premium Signal: The Red RSI & the Blue LSMA have crossed above 50. If we close like this in 3h, there are high odds of the price action trading within the Aqua/Orange upper BBs. We are also likely to see the BBs start to expand because the Blue LSMA has crossed above 50. If I were trading this, I would consider opening a long position in the 12h & monitor it in your short term TFs. Mid Term (3d, 6d, 9d & 12d) We are also in a race between the Energy in the 3d & Red RSI in 6d. We can also see potential for a period downward pressure as indicated in the 6d & 9d where we have closed with the Red RSI making contact with the Green as the Green falls. If I were trading this, I may consider opening a margin long on short term TFs while looking for an entry for a short on mid term TFs We need to keep an eye on the Blue LSMA in the 9d as it is turning down and we can already see the BBs begin to expand, unless it turns back up we are at risk of the BBs expanding and the price action to continue with candle bodies for the most part between the White/Aqua lower BBs as. Trade safe aBL These are my opinions based on my interpretation of these indicators. I do not provide financial advice.
Long
by aBitLong
ZILBTC a mega bullish Shark move Upto 1289% expectedHi friends hope you are well, and welcome to the new update on Zilliqa coin. On the long-term monthly time period chart, the price action of the ZIL has completed last leg of bullish Shark pattern and entered in potential reversal zone. 1st the priceline found a support at 0.00000050 btc and then found another support at: 0.000001150 btc. Simple moving average 7 is forming bull cross with SMA 25. Buying and sell ranges: The buying zone starts form 0.886 to 1.13 Fibonacci levels, and the sell zone can be the Fibonacci projection between 0.382 to 0.786 . This can be upto 1289% big bullish move. For exact buy and sell targets for this trade, and other harmonic trading signals you can join: www.patreon.com Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
ZLong
by moon333
4
ZILUSDT - 5th Elliott impulsive waveZILUSDT brokeout above the bullish flag (2nd wave) as expected from my previous analysis to complete the 3rd impulsive wave. Price retraced to the 0.5 fibonacci retracement level. Price action is printing a bullish flag pattern ( 4th wave). We could be on the verge of the 5th wave. Buy entry ⬆️ - breakout above the bullish flag resistance. Targets 🎯 - previous swing high (ATH), fibonacci extension levels. Setup invalidation ❌ - breakdown below the previous swing low.
Long
by Chibuike_Odoh
6
Zilliqa probable breakoutZilliqa had a long correction after last high and maybe now it's a time to recover. Daily macd shows that a trend can be reversed soon. Also I see a reversed head and shoulders on 1h. Also it's 4th attempt to break out from resistance. Also current price zone had a lot of volume in previous time so it's strong enough. I plan to watch on it and when break out is detected I plan to take it for long. No TA, I will find it later, Zilliqa is a good coin and it's possible to take it like that. This is not a financial advice. I only share my own opinion about this.
Long
by Pandamonster