Yep... can't be any easier to seePrice is continuing to follow this corrective move to the downside... let's see if previous support/resistance levels hold or not!
Zilliqa
Zilliqa Short Time Review (Zil Btc)If it can break the trend line from 230 satoshi, 270 satoshi is not far away. if it fails, it can try the bottom trend line and come to165 satoshi. It is my amateur work. it is not investment advice. good luck.
ZIL/USD- Where to from here? ZIL is seeing some support come in to play over the last couple of days however continues it's downtrend channel.
Next 24 hrs will either see a break from trend on current supports shoulders, or a rejection down to a lower support which should bring buyers to the market.
I think the if you picked this up on the dip two days ago you are in a good position but we may be given PA similar to that price again in the next few days if rejected by previous support line.
Still bullish long term on this project but always looking for the best possible buy price to minimise risk.
The other entry option on the break of trend carries higher risk, I'd be more inclined to buy a positive retest after breakout or hold fast until I'm happy with a supported entry at the bottom of channel (closer to 200SMA)
As always, not financial advice, just my thoughts and TA.
Bingaz
0.382 Fib retracement and 4hr RSI trend lineCould be too early too call, but this bounce has yet to even touch the 230 sat area as we saw a rejection around 228. Be very careful with your longs here, RSI on the 4hr seems to be following a clear trend line which we've touched and are seemingly turning around from. Let's see what happens... Still eyeing the 150-160 sat region as a potential buyer support level.
A healthy retracement during the correctionExpecting the price to reach between the 0.5 and 0.618 fib retracement levels around 230/237sats where we could see the price turn around to continue to follow the down trend of the correction. This could happen sooner considering the RSI on the 1hr is already close to the overbought zone. Wouldn't be making any long trades in this area unless we break above the descending channel and push through the 0.618 retracement. Don't listen to all the people on youtube and telegram telling you that we're going to moon because the last time we had a bounce to the upside, everyone was screaming about their dreams of 3 cents being fulfilled once again. Don't buy tops! Anyway, be careful with this one, I'm personally waiting for a test of the 150-160 sat region to see if the positive momentum holds.
Zilliqa... ZIL/BTC GOOD ONE.... Upcoming Plan, Overall looks bullish above 190, For a new High of 2020
ZIL is in great opportunityZIL could be inside this channel. RSI is oversold and the price is on the support. I bought in 192 satoshi. The target is on upper trendline . Dont fortget to end your position, we are in the downtrend.
ZIL ZIL could be inside this channel. RSI is oversold and the price is on the support. I bought in 192 satoshi. The target is on upper trendline. Dont fortget to end your position, we are in the downtrend.
ZIL BTC | Trend Reversal | Flow | Key Fibonacci LevelsTodays analysis – ZILBTC – trading in a possible descending channel, currently testing local support.
Points to consider:
- Flow in the market/price action
- Respecting key Fibonacci levels
- Resistance Confluence
- Trend Reversal
- Low Volume
- RSI below 50
ZILBTCs healthy counter-trend and strong continuation adds legitimacy to the money flow.
The previous swing-low respecting .618 Fibonacci retracement is indicative of a current retrace to .618 Fibonacci level.
The .618 Fibonacci level also coincides with descending channel resistance. A rejection at this level will solidify a trend reversal with a lower swing high.
An increase in volume is necessary to add legitimacy in the overall market.
RSI attempting to recover from oversold conditions. A countertrend will neutralise and prime the oscillator for a trend continuation.
Overall, in my opinion, a short trade is validated at the rejection of the resistance confluence with a technical target of local support.
Entering the trade at resistance confluence consents immediate trade invalidation (price trading beyond resistance zone), mitigating overall risk.
What are your thoughts? Let me know in the comments below!
Be sure to leave a like and follow me for daily chart updates.
As always, focus on you - and the money will too!
☆ ZIL / USD — Zilliqa In Danger, Here is WHY ☆Hey guys! here is the Zilliqa price prediction and analysis for upcoming moves.
I hope you will be safe and you control your risks in your trading.
This is explanation how to use Livermore's Cylinder in trading and market analysis.
Previous winning Livermore analysis by me:
BTC:
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Artem Crypto
Zilliqa is showing strength Zilliqa, the asian ethereum, in the last 60 days went up a solid 208%, as you can see in the chart that resulted in a small correction on the price because it might have been over bought (shown in the declining RSI) BUT now with the RSI at a low point the asset seem to be ripe for new inventor to buy, the week hand have been shaken and the price is likely to go up.
INDEX ONT ZIL TRX XLM MTL CMT ONT 20%
ZIL 20%
TRX 15%
XLM 15%
MTL 15%
CMT 15%
Current index is at 1933, entry range 1800-1950
targets:
3000
6000
10000
15000
20000
No trading advice
Long on ZILAs the market starts to align for a strong push upwards we start checking on the usual coins with great buildup to recover.
The scenario as I see it is a push towards to 650 followed by a retrace in the 500 zone and blasting all the way to 1200 at least.
No trading advice.
ZIL/BTC Breakout to 180+ SatsZIL Breakout to 180+ sats after 155 is breached. Easy 30% move incoming
possible correction for ZILNow we can see testing a support about price 0,022$. When this support will be dismissed, then wil going to next low support on price 0,021$ or 0,02$. When support on price 0,022$ will be passed, we can see attack on price 0,027$ or 0,03$.
Middle channel is possible long trend. This is Fib resistance chart.
