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Zilusd

ZIL/USDT (Zilliqa) - Bullish Double-Bottom Support, Momentum 4HRZIL/usdt (Zilliqa) crypto price has double bottomed above 0.1220 in the 4-hour chart. Bullish momentum has also formed on the MACD indicator (4hr). Entry (long): $0.1324 Take Profit +18% (exit: $0.1564 Stop Loss -9% (exit): $0.1204 Note: Zilliqa price may pullback down intraday (shorter-term time frames) before this 4-hour setup rallies up. Support needs to hold above 0.1200 or this chart setup could be stopped out. Resistance needs to break and hold above 0.1350 to validate the pattern and potential rally. All content is Not financial advice. Trade at your own risk.
Long
by NoFomoCharts
ZIL daily chart has cooled off & could make another push upwardZIL (ZILLIQA) Daily Chart The Breakout started when it closed above the decending trendline. ZIL then made a bullish move upward and blew threw the Bull Market Support Band, which is super bullish for this daily chart. It has now broke past 4 major resistances and moving toward All Time High at $0.25... Price Targets Listed. The RSI is definitely getting OVERSOLD neighborhood, So unless your HODLing this Asset, be sure where you want to take profits. As the RSI curls the bottom up the price could make another move now...
Long
by bylerzone
2
Zilliqa (ZIL) gotta love bullish math.I realize that ZIL may wobble a bit here and there over the next several hours, maybe a day or more. However, from the simple mathematical chart that I've thrown together here, I think we could be in for a good rise if we can just push past that heavy resistance level at about ~T0.1375. I've assembled this chart to try and be a simple as possible when conveying mathematical charting. There is obviously more that goes into this, however for right now-- this rule of thirds is always something to look for when on an hourly/4hour resolution. More to come on my channel. I feel that ZIL, ETH and many other tokens are currently VASTLY undervalued. Bottom, basement prices. Like I said... Patterns, baby. ♠️🤫🐿
Long
by FutureAmericanExpat
4
ZIL/USDT - Cup & Handle formed on the hourly chart. Is a Cup and Handle Pattern Bullish? As a general rule, cup and handle patterns are bullish price formations. The founder of the term, William O’Neil, identified four primary stages of this technical trading pattern. First, approximately one to three months before the “cup” pattern begins, a security will reach a new high in an uptrend. Second, the security will retrace, dropping no more than 50% of the previous high creating a rounding bottom. Third, the security will rebound to its previous high, but subsequently decline, forming the “handle” part of the formation. Finally, the security breaks out again, surpassing its highs that are equal to the depth of the cup’s low point. Source: www.investopedia.com I think we will see the bounce upwards in the coming hours ahead.
Long
by thecryptoapex
3
ZILUSD 1W Cup & Handle 31/03/22ZILUSD is showing potential cup & handle structure. Since March 2020 we have seen a wave 1-5 up to ATH, with an almost year-long ABC correction from May 2021 onward. From the base of C, which is the 0.382 fib level of wave 1-5 (shown as 0.618 on the chart for target extension purposes above), we've had a large volume move, From Elliot wave theory we may deduce that this recent large volume move may have been an impulse wave 1 of the next 1-5 wave up. The RSI is trending at extreme positive and stochastic momentum has crossed up. As this is a weekly chart (a slow mover) this may dictate that the next up oscillation has started, but should logically take many weeks to play out. For ZILUSD to maintain this healthy posture, it must now on a weekly chart maintain its RSI above 50 (or preferably inside the blue bullish control zone), alongside stochastic continuing upside and breaching the 50 level (without contracting) for confirmation. This most recent volume move has been large and quick, therefore I am expecting some sort of slowdown here (also to be dictated on this weekly close if RSI closes with a decreasing positive gradient). Healthy price action would be to range below ATH, potentially for several months, to gather strength for the push upwards (as drawn in red pen). There is of course possibility for this to continue up from now, however, is a less probable scenario considering the % gain seen in the past 2 weeks., and the fact that price felt resistance and stopped at the range of the previous high at wave 5. Looking at the 1D timeframe, there is also a potential 1-5 micro wave completed here: A worrying scenario would be losing the 0.786 fib level on large volume red candles, and invalidation for the current handle comes in at breaking wave C at the 0.618 fib level. Not financial advice and always DYOR .
BINANCE:ZILUSD
by fvideira
3
ZILUSD with a pump no one expectedOn the 1 day chart it was hard to find a legitimate chart pattern to justify ZILUSD’s sudden pump here but once one flips to the weekly chart this pattern emerges. This triangle is probably more valid on either the 2 week or 3 week chart than it is the 1 week considering how many weekly candles we closed outside the triangle before we saw the breakout. Judging by this pattern ZILUSD still has a little more room to move up on this current breakout *notfinancial advice*
ZLong
by DrDovetail