Zilliqa
ZIL/USDT BULLISH CHANNEL T1 : NEW ATH ZIL is performing really well for the past few weeks and it is fforming an ascending channel despite BTC low performance it will follow the channel and soon achieve a new ATH it can even pump if BTC started performing well
BUY : 0.185 TO 0.195
T1 : 0.287
T2 : 0.350
ZILUSDT .Zilliqa is under high protection and it's really bullisAfter checking Bitcoin
if the price goes for upper than 60k ,
Zilliqa is good to join for targets of
0.5 $ - 0.8 $ and even near 1 dollar.
Otherwise we should wait for a good bottom price to join.
or even short in 0.18 $ (not really recommend)
Keep in profit.
ZILUSD hunting ATHSimple analysis because that's the way we like it.
Bullish signals:
1 - Double bottom formed 0.13
2 - Bullish pennant forming on 4h
3 - Above 50,100 & 200 MA/SMMA also Golden cross potential showing as MAs cross upside
4 - Climbing up the Fibonacci lines drawn from larger swing low-swing high, found comfort above 20 which is good minor fib support
5 - Fibonacci retrace on this mini bull run found comfort at 0.382 which is lovely retrace zone for support and growth
6 - potential extension at previous high
ZIL/USDT - Update - Cypher still can be OK - LONG"I think Zilliqa is on it's way to reach a next high, but let's just place our target a bit closer first .
After a quite hard consolidation, it's completed a cypher pattern on 1D chart, which gives us the opportunity to open some long positions, in my opinion.
Yeah volume should be a bit more significant.. anyway I like this pattern."
- related previous idea -
By the crash the stoploss closed my last trade in my related previous idea, but I redrew the cypher pattern and I still think it fits to the LONG prediction, with new TP and SL ofcourse..
We'll see!
LONG
All feedbacks are appreciated!
🆓Zilliqa/USDT Map (27/4) #ZIL $ZILZIL has just conquered the 0.16$ zone and is heading to 0.2$ and 0.25$ zone.
📈BUY
-Buy: 0.156-0.164$. SL B
📉SELL
-Sell: 0.20-0.21$. SL A
-Sell: 0.24-0.25$. SL A
-Sell: 0.295-0.305$. SL A
♻️BACK-UP
-Sell: 0.156-0.164$ if B. SL A
-Buy: 0.117-0.123$. SL B
-Buy: 0.078-0.082$. SL B
❓Details
🕯Timeframe : 1D
📈Red Arrow : Main Direction as BUY & SELL section
📉Blue Arrow : Back-Up Direction as BACK-UP section
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
Zilliqa (ZIL) - April 25Hello?
Dear traders, nice to meet you.
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Have a good day.
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(ZILUSD 1W chart)
In order to continue the uptrend, it needs to be supported at 0.14156899.
(1D chart)
We have to see if we can get support at 0.14156899 and climb to the 0.15914493-0.17864466 range.
In order to turn to an uptrend, it must rise above 0.17864466 points and gain support.
If it falls at 0.11563634, you need a Stop Loss to preserve profit or loss.
However, you can touch the 0.06399333 point and climb, so you need to think about how to respond.
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(ZILBTC 1W chart)
In order to continue the uptrend, it needs to be supported at the 287 Satoshi point.
(1D chart)
We have to see if we can get support at the 287 Satoshi point and climb above the 298 Satoshi point.
If it falls at the 262 Satoshi point, Stop Loss is needed to preserve profit and loss.
However, you need to trade carefully as you can touch and climb the 191 Satoshi point.
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It is advisable to trade at your average unit price.
This is because if the price flows below your average unit price, which was on an uptrend or downtrend, there is a high possibility that you will not be able to earn a large profit due to the psychological burden.
The center of every trade starts with the average unit price you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, so that the money that ultimately corresponds to the profit can regenerate the profit.
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** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for the sake of convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the conventional stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.)
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market or CME and BAKKT exchanges were closed because they are not trading 24 hours a day.
G1: Closing price when closed
G2: Cigar at the time of opening
(Example) Gap (G1-G2)