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Zilliqa

Zil is on the run after breaking the descending channel!Zil broke finally out of the descending channel it formed on the way down from its previous high at 1 cent Zil bounce off the strong support at the 0,066 range and finally reach a major resistance at the 0,85 But now it finds support at the old descending channel that could be a start of a major bull run toward the upside expect resistance and correction on the way up at different levels especially the 0,09 and 0,1 barrier, if that one broken then we can see a 0,15 Zil easily Trade carefully
by AnwerKouka
Zil/Usdt- A different perspective.What we have here- Highlighted above is what happens every time there is a daily cross up on the stochastic. 1. 21st Sep to 2nd Oct - 72% rise. 2. 25Th oct to 25th nov - 119.45% rise. 3.10th Dec- 27Th Dec - 255% rise. Now, the RSI has bounced off the support beautifully, however, the price is reacting strongly to the long term accumulation trend line which is the major overhead resistance that zil will have to overcome to give us another statistically probable move to the upside riding on the momentum provided to us by the stochastic cross on the daily.
by crested-serpent
10
$ZIL (ZILLIQA) STILL CORRECTING. NICE SHORT SETUP Hello traders & investors. We have neutral ground play on this 2H chart. RSI is between 60 - 40 corrective and chopy price action while we are inside of it. We should see a relatively rapid sell - off very soon. I'm short from $0.08187. Will flip long at $0.056! Once we lose that $0.078 level - longs will get rekt pretty quickly. Will post simmilar Idea that I see on other alt soon! Enjoy the ride, let's make money. This is not a financial advice :)
Short
by Patrikas10
4
Zilliqa breaking through this channel possibly 1st quarter 2021I have a hunch that if Zilliqa breaks through this channel and heads to break its previous all-time high of $0.23 we may see a rise to between $1 and $3 then retracing back to under a $1. Please do not take this as trading advice as this is only a speculative position I am taking on Zilliqa. This may never pan out but with all the hype in BItcoin and the massive amounts of institutional money pouring into this market I really believe Zilliqa will be primed for whale activity and we may get blown away with price movement in the short term. The green line above the channel is the breakout and the red is the retracement back down to possibly make contact with the channel but never pierce through it. So the channel may act as support for Zilliqa as it heads to this $5-$8 target or higher. Notice the red line above the channel, this is the trend for the Beam Bands I have set on previous chart. If we break through the $0.23 ATH then it could be we may target the top of this beam bands and hit a price of $0.33. if we break this $0.33 range then we go higher and like I mentioned above we may go between $1 and $3 before we retrace back down to the channel as support. Who knows, I could be dead wrong here but an interesting possibility.
BINANCE:ZILUSDLong
by altcoinb
5
Zil/USDT- Re-accumulation from a daily perspective.Posted the same chart previously but on a weekly timeframe. This will make much more sense watching it play out on a daily timeframe, while coming together to tally with the weekly eventually. The purple line marks what I think would be the time period for the ongoing reaccumulation. Note: The previous reaccumulation phase lasted 189 days but that was in a bear market, so the time periods might not tally to the T.
Long
by crested-serpent
1
ZILUSDT another breakout expectedHi friends, hope you are well and welcome to the new update on the Zilliqa coin. In the previous article, we have seen that the price action of Zilliqa found a weak bearish an then bullish cloud resistance of Ichimoku cloud on weekly chart. Therefore, there was a strong possibility for a big breakout. Finally, the price action turned strong bullish and produced more than 215% rally in US dollar market and 185% in Bitcoin market. The price action is at EMA supports: Now on the daily chart, the price action of Zilliqa coin is at the exponential moving averages with the time period of 10 and 21 supports. The priceline is using these EMAs as supports very well after Sep 2020. The simple moving averages: On the same daily chart, the simple moving averages 25, 50, 100 and, 200 have formed a complete opened alligator mouth, as we have the smallest simple moving average is above all and the biggest time period simple moving average is below the rest of the SMAs. So we can expect that this bullish rally won’t be ended unless this alligator’s mouth won’t be closed. Different supports and resistance levels and rejection: The price action has first crossed the $0.05 then $0.07 resistance levels and now rejected by the $0.09 resistance. At the moment, the candlesticks of Zilliqa’s priceline are using the previous resistance $0.07 as support. The formation of the down channel: On a small time period 4-hour chart, the price action of Zil coin has formed a down channel and likely to take bounce from this support. There is also 100 simple moving average at the support of this channel that will be helpful for the price action to take bounce from this level. The volume profile is also showing less interest of traders below the support of channel and high interest above the resistance. The point of control (POC) of the volume profile is also above the resistance therefore, there are strong chances for the breakout. Conclusion: Even though, the price action of Zilliqa has very powerful supports of $0.07 price level and the support of channel and 100 simple moving average as well. However, the support of this channel should be used as stop loss to minimize the risk factor, this advice is for the day traders of Zilliqa.
Long
by moon333