$ZIL/USDT 90m (Binance Futures) Descending triangle breakoutZilliqa is looking ready for bullish continuation here, up-trend is held by 100EMA so far.
Current Price= 0.12892
Buy Entry= 0.13000 - 0.12570
Take Profit= 0.14808 | 0.17934 | 0.21775
Stop Loss= 0.11163
Risk/Reward= 1:1.25 | 1:3.17 | 1:5.54
Expected Profit= +15.82% | +40.27% | +70.32%
Possible Loss= -12.69%
Fib. Retracement= 0.786 | 1.272 | 1.764
Margin Leverage= 1x
Estimated Gain-time= 240h
Zilliqa
ZIL to .145usd by Saturday, 19-Feb looks solidCan ZIL hit .145USD tomorrow (sat, 19-feb) and stay above. hope so! this would be a good support level for testing ATH next week. Looks very possible. Thoughts?
💡Don't miss the great buy opportunity in ZILBTCTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.0000021).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. Zilliqa/Bitcoin is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 62.
Take Profits:
TP1= @ 0.0000033
TP2= @ 0.0000039
TP3= @ 0.0000048
TP4= @ 0.0000058
TP5= @ 0.0000067
TP6= @ 0.0000090
SL= Break below S2
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Sunshine Behind The Cloud ZIL/BTC #zilliqa $ZIL #zilHere we see our Zil Bitcoin Weekly chart on Binance . You see we've already entered the Ichimoku Cloud here and that is extremely bullish for upside . The top of the cloud is near 355 with further resistances above us at 533 and then the .236 fib is there near 684 . But where things get really interesting is at 1550 because that appears to be the last resistance for Zil and above that we will actually be in price discovery mode ! See that red arrow on my chart ? That is the last resistance I can see on Zil's daily chart . This looks great to see more upside and sitting at 273 right now Zil looks set to see 10x or more .
Zil/Usdt Possible targetsWarning: This is only my idea.
If you want to long zil/usdt based on my view, Do it with your risk management system.
Ok before we start we need to know these:
1- Zilliqa Daily time frame is on impulsive wave.
2- Zilliqa weekly time frame is Bullish.
3- We are in the bullish season of crypto market.
-As you can see we have a bullish flag in daily time frame and we had successful breakout. So price can rise up to 0.168$ based on flag's pole
-Right now Zil is experiencing impulsive wave so if we want to predict how far it can reach, We use trend based fib(Impulsive wave 1 and corrective wave 1 are used for trend based fib extension)
Let's see possible targets based on trend-based fib extension:
1- 0.16860
2- 0.18727
3- 0.21751
4- 0.26904
Also we had a good new about Zil which said EGW Capital is looking to invest another 20-25$ million in Zil Coins in the coming weeks.
Please note that all of these possible targets depend on if crypto market remain bullish.
ZIL almost breaking out into price discovery??WILL WE See it?! Dang skippy! Don’t take my advice cuz Idunno...but looks good from my house! Let’s catch up w ADA, they’re just a few blocks away. This looks like a good project with a lot of room to run. What’s your thoughts on this one??
Zilliqa for 20 centsWarning: our thoughts are ours; not financial advice.
Zilliqa has been an asset under our watch for a long time. We hold a considerable amount of this asset.
The token which recently broke its ATH to the upside seems to be heading for the 20 cents mark short-term.
Afterward, we either see a cool off or a breakout to the upside of the channel which started December 11, 2020.
$ZILUSD - Wait for a breakout confirmationHello everyone!
Zilliqa has formed a triangle and tested the Fibo 0.618 level of the previous impulse.
Highly recommend you to watch for a breakout and enter long, it might as well drop to test supports described on the chart which will be a confirmation of another bull run.