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Zilbtclong

THE HIDDEN GEMS OF ZIL/BTC AND BREAK THE LINE a.k.a BREAKOUT================ BINANCE:ZIL/ BTC ================ ZIL / BTC breakout the line as u can see ZIL HIT THE BREAKOUT LINE maybe it's time the WEAK UP and make revearsal pattern tu bullish time the reason 1. zil cross the falling wedge 2. bullish engulfing 3. the price is up from ema 14,20,50,100,200 2 scenario 1. bulish, bullish and bullish 2. need corection in golden ratio and up to hit another tp horizontal blue line is support and ressistance and it mean you can take profit. ============================================== Trading is High Risk THIS IS NOT ADVICIAL MANAGEMENT Please use Risk Management and your stop loss ============================================== support my channel Thumbs Up, Comment & Follow Happy Trading Thank You and GOOD LUCK! :) ==============================================
Long
by AnnandraRahman
5
ZIL/BTC (Trendline Break? Bullish?)ZIL/BTC -Zilliqa may have found the bottom at 150 sat range -This is a confluence of previous resistance now turned support -We can also see a Bullish reversal candle last 2nd of August -Today, it is trying to break outside the trendline resistance -If the daily candle can close with a body outside the trendline -Chances of going up will be higher -The potential upside is up to 280 sat area -Bearish scenario, breaking below the green support will invalidate this idea
by PolarHusk
ZILBTC 440% bullish move and a bullish reversal patternHi friends hope you are doing well and welcome to the new update on Zilliqa coin. Zilliqa has surged more than 440% and in today's article we will try to understand how this coin completed the setup before this bullish move and what the price action can do next? A formation of big pennant: A year ago on 21st June 2019 I posted a chart where I revealed that the price action of Zilliqa coin is moving within a pennant on weekly chart And it take a bullish divergence at any time. At that time the price action found the support at 0.00000200 sats. Froom May to June 2019 the price action moved above 0.00000200 sats support and again moved down at the support of the pennant. Since then it was moving with the support of pennant and finally found the last support at 0.00000055 sats. The price action left the pennant directionless and moved sideways from September 2019 to April 2020. And finally took a powerful bullish divergence and produced more than 440% bullish rally. If we place the Fibonacci tool from the tail of the pennant up to the support of 0.00000055 sats then the sell targets would be as below: 1st target 0.382 Fibonacci projection at: 0.00000300 2nd target 0.50 Fibonacci projection at: 0.00000370 3rd target 0.618 Fibonacci projection at 0.00000440 4th target 0.786 Fibonacci projection at 0.00000540 The above is the projection tail of the pennant to the support of 0.0000055 sats. The strong resistance: After hitting the first target at 0.00000300 sats the price action also has found a strong resistance at this level. This 0.00000300 sats level is really very powerful resistance for the priceline as it has never been broken out since after it was broken down. We have seen several attempts by the price action from the May to June 2019 and after a long time the price action again has attempted to breakout this resistance and now it is rejected again. The simple moving average resistance: If we place the simple moving averages with the time period of 25, ,50 and 100 on this weekly chart. Then it can be also observed that the price action also has a strong resistance of 100 simple moving average on this long-term weekly chart. And the 25 and 50 simple moving averages are below the price action but the distance between the candlesticks and these moving averages is very big. Therefore if the priceline will be moved down to have some support by these moving averages then there can be a drastic drop of around 100%. Because at this time the 25 simple moving average is at 0.0000097 sats. However if the moving averages will be moved up to provide the support to the candlesticks then the price action will not take a big drop. A bullish reversal pattern on small time period chart: Now if we switch to this small chart with the time period of 2 hour. Then we can notice that priceline is continuously forming different harmonic patterns. First the priceline formed a bullish Cypher pattern (Here I have ignored a small difference of C leg) and after taking bullish divergence from the potential reversal zone of Cypher the priceline also formed another bullish BAT. At this time price action of Zilliqa is moving in the potential reversal zone. This potential reversal zone should be used as stop loss because if the priceline will break down this potential reversal zone level. Then it can move more down to complete the final leg of bullish Butterfly pattern. Even though these harmonic moves are not formed on as that much big time period chart that can provide a strong push to the priceline to breakout the 0.00000300 sats resistance but how ever it can be helpful for the priceline of Zilliqa. Conclusion: After taking the first bullish move this is first time the price action has started a correction rally. Therefore this drop was required for the healthy bullish move. Therefore we cannot consider it as a big drop unless it will not cross down the 0.786 retracement level.
Long
by moon333
3
ZILBTC BINANCE Daily ChartZILBTC BINANCE is the most bullish coin currently in the Month of June 2019. Daily chart analysis listed below: currently, it reached major resistance and testing heavily at this area. Wait for few hours before we get confirmation on price action move. MACD looks bullish on the daily chart. Volume measurement looks good. Positive things : FA analysis is good, widespread rumors about this coin are good. Tw0 things might happen: 1. The price will reach trend line support at the bottom. 2. If it Crosses the existing resistance currently it is testing, it will become Major support for the future. Targets for the long-term are listed along with Major resistance. Learn TA and gain profits guys in crypto. Please invest wisely and do due diligence before investing in any coin.
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by CryptoKing127
1