Zilliqa Reaction To The Current MarketZilliqa has been bouncing on .618 Fib zone after a long while and now its retesting that level once again. Depending on Bitcoin move and the break of 200 SMA, we might see more upside for Zilliqa.
Zilliqa
Can ZIL break the resistance in JUNE 2022?There is a resistance line for ZIL, if the market is going to recover after this spring, can we see ZIL break the resistance in June as well?
If anything wrong happens and the volume starts to come in, I don't see why not.
5 Key Levels of Resistance for $ZIL These are my 5 key levels to break for Zilliqa to clear the path to new all time highs.
1. Downtrend since Nov. 10th
2. High liquidity zone of resistance
3. Downtrend since Sept. 5th
4. Psychological resistance of $.10 ($.096)
5. High made in Sept. Horizontal Resistance.
Zilliqa ($ZIL) DTF$ZIL Big Wick Energy meets $0.0499 FIB resistance with amazing buying pressure. We need to attack the $0.0572 FIB level with a close and confirm to keep the BULL-mentum going
ZIL falling wedgeZil looking good with price forming a bullish falling wedge on the weekly timeframe!
Zilliqa ($ZIL) DTF FIB$ZIL DTF continues to chop between $0.043 FIB support and $0.0469 FIB resistance. $ZIL has a long of work to do but I am adamant that the best is yet to come. Let's touch that 50MA!
$ZIL Not all is lostPrice broke through the trend line, which brings negative thoughts. However, there is still a chance for growth, the price touched the bottom bolinger line (last time it happened we saw a 30% growth), if bitcoin does not continue to fall the ZIL has all chances to return to levels above the trend line.
Nearest resistance zone: 0.049-0.059;
Support zone 0.025-0.03;
Awaiting reversalseems like correction coming to its end
maybe one more dip is left. just an idea :_)
Potential 4x Long Term: Great set up at a high demand regionPost #2
We can see an opportunity to go LONG at the Demand Region illustrated on green ( I called it buying zone). #Zilliqa has shown great results past bull rallies. Currently the price is below a very strong support and as of today, it appears that Zilliqa can get to the Buying zone and beyond.
In the Take Profit zone illustrated in yellow you can either close your position or take some profits and let it continue to climb.
Upward green arrow showing the potential, should Zilliqa get to and above buying zone.
Downward red arrow showing the potential, should Zilliqa bounce back from buying zone.
MY OPINION:
Keep an eye on this crypto. Remember that this is for long term investment, however, trades at a strong support can be very profitable.
$ZIL long term prediction$ZIL have lot of potential, in technical and fundamental. i think it will be good to hold for next few months
Trade responsibly
Invest responsibly
Zilliqa possible recoveryZilliqa is L1 blockchain which supports smart contracts on it's native language Scilla. It's ecosystem is constantly growing so I see a good future for this project.
During next 3 months they also plan to start a metaverse project on Zilliqa blockain (Metapolis) and Zil will be it's main coin.
Of course everything depends from btc, if it goes down all market will go down. We're still in a local downtrend, but I hope soon we will see a recovery from it.
Please note, this is not a financial advice, I just share my opinion.
Zilliqa ZILUSDT - Descending triangle + Another 40% drop coming!- On the weekly chart we can spot a descending triangle, the most bearish technical pattern.
- Currently, the triangle is breaking down with strong bullish momentum.
- Another 40% drop is very likely at this moment.
- Next support is bottom of the blue trendline and horizontal line from 2019.
ZIL USDT double bottomSimilar to BAT chart I posted recently, but this one didn't break above the resistance trendline yet. Indicators high so watch for pull-back or retest entry. Support is tested more times in the past so we may assume that this will be bottom. (If king do not throw some more s..t at us by dumping more). Set alarms. Good luck traders
Zil- Double BottomBuying Zil here- zil is sleeping giant. It is going to explode soon, super strong fundamentals, and same will be shown in charts also.
Accumulate: ZilliqaChart Pattern: Cup and handle formation
Strategy: BTFD + Stake (accumulation/waiting game)
Catalyst(s): Release of Metapolis this Q1 202 | L1 storyline
Zilliqa (ZIL) broke out channel for next pumpHi dear friends, hope you are well and welcome to the new update on Zilliqa (ZIL).
Triangle and double bottom:
For a long-term period, on a weekly time frame the priceline of Zilliqa is moving in a descending triangle. Now it is at the support of this triangle and there is also 200 simple moving average support as well. The priceline is also at the lower bands of Bollinger bands. Therefore, this is very strong support and lifeline for Zilliqa. The stochastic is also oversold. Zilliqa is also forming a double bottom at this support, which can be another indication for the price reversal from here.
Broke out the channel:
On a 4-hr time frame, Zil has broken out a down channel.
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
Zilliqa (ZIL) can start a big reversal from triangle's supportHi dear friends, hope you are well and welcome to the new update on Zilliqa (ZIL).
Channel and a triangle:
On a daily time frame, Zilliqa had a fake-out from a down channel and formed a symmetrical triangle above the resistance of this channel. Finally, priceline broke down the support of the triangle and re-entered the channel again. Now we have strong support at $0.053. Therefore, there is a possibility that this time the price action will not test the support of the channel.
Huge triangle and SMA support:
On a weekly time frame Zilliqa has formed a descending triangle and it may test the support of this triangle once again. Right now it is very close to the support. There is also 200 simple moving average support below the support of this huge triangle. Therefore, the price reversal is very much possible.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Zilliqa ($ZIL) FIBZilliqa ($ZIL) FIB: $ZIL continues to use BB LL as support whilst respecting $0.0585 FIB support. $ZIL, an incredible discount and now would be the easiest time to accumulate 1M $ZIL. You don't need to outright buy 1M $ZIL. You can buy a big bag and trade up to 1M $ZIL. Still within realm of reality
Zil/USDTin weekly timeframe , we have an important support level . if price reject this area again we can hope for more up . the resistance levels are shown in the pic.
ZIL WEEKLY CHART HAS HIDDEN BULLISH DIVERGENCEZIL weekly chart. This chart is looking bullish. price targets
listed in the blue. This chart formed a nice bull pennant and
with how the RSI has a lower low, this has HIDDEN BULLISH DIVERGENCE.
ZIL bullish linear scale scenarioCurrently sitting on wave 1 parallel channel from previous bull run.
DISCLAIMER ON
This analysis is not financial advice. Please note that you are responsible for your own investments. This chart only represents my opinion and view about cryptocurrency market in general and may be used only for educational purposes.
ZIL Long#ZincirGezenDAO
I've been hacking on usable blockchain projects for real adoption. Trying to find the proper network to use among friends. TBH Zil is one that literally has the possibility. It is scalable, cheap, green. I believe this is just a possible price potential explanation, even though I can take profits if it works out, I will essentially keep ZIL to use in my everyday life. And the app that it works with, which is Moonlet advice by devs can stake Solana, Near, Ethereum, and Zil. This is great. Whatever. We need the first step for a real end-user. Normal, everyday person-level usability. That is why I am buying this token. Not solely trading stuff. Just sharing...
Technical analysis by @CheekyCrypto, send him cheers if you appreciate this chart! The link is to his video.
