ZIL to recover by 2022?Zilliqa is a pretty cool blockchain. With more dApps built on Zilliqa and more utility of $ZIL, we can expect the price of this asset to go back up to its previous highest price level. The journey is not going to be easy though as there are several strong levels of resistance.
Zilusd
✳️Zilliqa/USDT (22/11) View + Trading Plan #ZIL $ZILZIL has just got out of the downtrend and is heading towards the 0.025-0.026$ zone, and it needs to confirm the uptrend by conquering this zone.
The 0.02$ zone is now reliable support, which can push up ZIL easily
📈BUY- LONG
-Buy: 0.02-0.021$, SL if B
-Buy more: 0.025-0.026$ if A
📉SELL-SHORT
-Sell: 0.025-0.026$, SL if A
-Sell: 0.034-0.035$, SL if A
♻️BACK-UP
-Sell close to 0.02-0.021$ if B, SL if A
-Buy: 0.016-0.017$, SL if B
-Sell close to 0.016-0.017$ if B, SL if A
-Buy: 0.012-0.013$, SL if B
❓Details
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
ZIL / BTC add to your watchlistZIL / BTC
🌟 TECHINCAL ANALYSIS🌟
The coin was in Long downtrend on gaint falling wedge For More than 5 months
Expected big move soon ....
Market makers start to pump alot of coins
We can see big green candel today on ZIL/BTC chart ...price got rejected exactly at trendline
But not a buy signal yet .. need to breakout first / retest before entery
And some others bullish signs on small time frames
So keep it in your watchlist
Good luck and happy trading 🌹
Zilliqa (ZIL) - November 4Hello?
Dear traders, nice to meet you.
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It remains to be seen if it can rise above the 0.01794365 point around November 11th, following the upward trend line.
If you gain support and rise at 0.01421891, it is expected to create a new wave.
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** 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 trading. You should trade from a short-term investment perspective.)
ZIL/USDT 4 Hour ChartZil is coming down a bit further with before we should see a trend reversal. This particular pattern resembles a "Scythe" and is one of my patterns I created. Targets are laid out for the movement and the slight pullback levels. We can also see what appears to be a bull flag formation that is almost complete on the RSI. If you like the idea hit me with a like and if you disagree share why you do and follow for more updates
Cheers
ZILUSDT Should be facing a correction soonZIL has had a huge bullish trend the past few days, the MACD is on high levels aswell as on the RSI.
As you can see there are similarities with these two trends, some days ago the same pattern seems to occur. This trend also has lower highs, which all might indicate that a big drop is coming soon.
Bullish signs apparent HERE are resistance levels to watch forThe current situation:
1. Price action is now above all major moving averages with the latest one it just gotten above to be the 3D 21MA at about 0.0195 USD, which is a bullish sign. It is important to see if the price action closes above this moving average however as falling below it may change the situation.
The price action is still apparent within the roughly rectangle pattern, with resistance to be expected at about 0.275 USD and above, where the top trend line is.
2. Increasing buyer volume is trending with higher price action on the 6, 12HR and daily chart. This is a good signal as more buyers are still coming in to push the price higher.
3. Possible bearish divergence can occur on the 1, 4, 6, 12HR and daily chart so this may still signal a pullback if they play out.
*Thank you to those who donated, I very much appreciate it.
*Let me know in the comment section if you agree or disagree, would love to hear your ideas too.
*These are purely my speculations and not financial advice. You should always do your own due diligence before trading or investing.
Zilliqa in a ascending triangle!I pretty busy today, but still wanted to post some analysis for you guys.. :)
Zilliqa is in ascending triangle formation, which has bias to break to the upside.
Buy in ascending triangle, ideally on the uptrend line.
Take profits at
1720 and below 1800.
Leave the trade if the price goes below 1580.
This should go well!
Tibor