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Zilusd

Zil/Usdt- Broken out of downtrend, Established support.Zilliqa has managed to push through the upper limit of the downtrend channel. Seems to be holding its own against a bleeding bitcoin. Investors are keenly looking forward to tomorrow where an announcement which will most probably provide an official elucidation on Zil/HGX dynamic will be made. All eyes on - 1) The upper limit staying as support. 2) Major resistance is at 0.80$ Feeling Tipsy?:P zil1427yufnzel62athxm6uyuh9gmfj6pjlh0ma0du All tips welcome!
by crested-serpent
ZILUSDT - 5th Elliott impulsive waveZILUSDT brokeout above the bullish flag (2nd wave) as expected from my previous analysis to complete the 3rd impulsive wave. Price retraced to the 0.5 fibonacci retracement level. Price action is printing a bullish flag pattern ( 4th wave). We could be on the verge of the 5th wave. Buy entry ⬆️ - breakout above the bullish flag resistance. Targets 🎯 - previous swing high (ATH), fibonacci extension levels. Setup invalidation ❌ - breakdown below the previous swing low.
Long
by Chibuike_Odoh
6
ZIL 2021 Targets - Where my current thoughts are at for Zilliqa Almost 2 years since ATH. Fib drawn from May 2020 where I see the breakout starting to happen (also falls in line with ATL). If ZIL goes to ATH it would be a full 1 to 1 retracement. Recently hit key physcholigical level of $0.10 and has since done a very brief .5 fib retrace and is now attempting to find support around the .382 fib which historically held as a support for a short while after ATH. From ATH (May 2018) to breakout (May 2020) is almost dead on 2 years. Was May the initial signs of an upcoming parabolic run. Currently studying EW and I am seeing a possible 1st wave on the daily (from breakout) to wave 2 which takes us to October/November driving us up into wave 3 but this is unconfirmed (and I am still learning EW), subwaves identified and I am expecting that if this is the case we are on wave 4 with wave 5 to take us to a retest of that $0.10 level. If we can break that then I am targeting a .236, .382 and ATH. Taking profit at each stage and reassessing any changes along the way. Mainnet upgraded, bridging the ERC token gap, scalable, very community driven and very interactive with the community especially with the launch of Zeeves. Always DYOR, this is not financial advice, do not take it as financial advice. I am always up to being challenged so if you disagree with something let me know, it is how we learn and grow
BINANCE:ZILUSDLong
by UnknownUnicorn11468213
1
$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
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