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 🌹
Zilusd
Zilliqa (ZIL) - November 4Hello?
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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.
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*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
ZIL.USDT (Y20.P4.E1).Looking for an entryHi All,
Most ALTs are doing bottom formations before we see many brake out.
Zil is one of those who has a decent trend, most important to reduce your risk exposure.
Keeping it short, I see this bullish for the next two weeks.
Based on the chart and indicators, with the BTC dom. dropping while BTC it accumulates \ consolidates sideways, we see the ALTs rise.
Here is my thoughts on Zilliaq for the short term.
Note the following:
> the structure at the macro (wedge structure) level and micro level (ABCDE) reversal;
> the % returns from the bottom to the Aug high 1215%
> elliot 12345, and looks like the ABC correction is complete;
Cheers,
S.SAri
Note the eMAs and fib levels.
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Daily chart
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2 Day chart.
Note the double bottom, + RSI bottom double bottom with bullish divergence on the Phoeix, and the Green RSI passing the 50% mark. A sign of strength.
My hypothesis for now
ZIL/BTC (Testing Key Support)💎Technical Analysis Summary💎
BINANCE: ZILBTC
-Zilliqa is now testing key support area at 120s sat
-It is also trading inside a descending channel
-If the Bulls can show up and give any reversal signs
-I recommend buying the breakout of the wedge
-The upside potential is up to 200 sat area
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