ZILZIL has formed an interesting setup with the recent bounce back from its consolidation area. By some rare coincidence, the consolidation area and the last MMR band seemed to be on the same price mark. This shows the bull and the bears had a tough fight around this price range, and the bears gave in and couldn't break that band anymore. Good consolidation shows a lot of accumulation also took place in that price range. I am expecting ZIL to attempt a move towards 0.11300 next, followed by 0.12130 resistance. If the price area holds, we may see it try to move towards 0.13400 to flash out the order blocks from its September crash, followed by 0.17800 of May's crash.
Zilusd
ZILLIQA and $ZIL are ready to moon! Wave 5 underway!!!NOT FINANCIAL ADVICE
Circa 2015, a team from NUS (National University of Singapore) brainstormed and produced a thesis dubbed 'Elastico' while trying to solve the blockchain trilemma.
The team have since gone on to launch a string of successful crypto projects such as Kyber Network, SmartPool, Anquan Capital and of course, Zilliqa Research.
Blessed with a successful 2017 ICO, Zilliqa Research kickstarted development in 2018 and eventually launched crypto's first-ever public blockchain protocol with sharding technology in 2019.
Sharding? Yep, the same technology that Ethereum 2.0 is still trying to achieve.
During 2020's DeFi summer, the allure of staking proved too great to resist as Zilliqa adopted the technology, not from a consensus standpoint, but rather as an incentive to reward seed node's efforts in maintaining the protocol's traffic.
With staking rewards, $ZIL saw its first drive of adoption as dynamic staking rewards briefly saw 46% APR.
Adoption took a further uptick in 2021 as an additional staking reward in the form of a governance token, $gZIL (no longer mintable) was then announced.
A protracted ZIL-ETH bridge (Poly Network, developed in partnership with Switcheo) also arrived during this difficult period as The Great Migration brought out the bears aplenty.
As 2022 comes into vision, we can see price slowly recovering -- a Primary Wave 3 underway with a Target Price between $0.46 (1.618 fib extension) to $0.60 (1.618 fib multiplier).
We see that $ZIL managed to break out of May 2021 trendline's resistance and find support on Sep 2021's trendline:
Happy trading~
ZILUSDT : Can double bottom completed ?In ZILUSDT 4h
There is a potential double bottob pattern in 4h chart .
If price can break oui the neckline and stand firm ,trading strategy as below .
SL: 0.0995
TP1:0.1168
TP2:0.1204
TP3:0.1283
TP4:0.1409
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ZIL - $0.36ZIL is trading above the support zone of $0.0937. If it stays above this support zone, we could start seeing a move towards 0.1055, $0.1151, $0.1247, $0.1384 and $0.1557. If ZIL breaks the resistance at $0.1557, we could start seeing a move towards $0.2059, $0.2530, $0.2872 and $0.3684. Failure to hold the support at $0.0937 could lead to a drop towards $0.0745 and $0.0505.
Zilliqa (ZIL) - Structure and TargetsI see some similar structures in ZIL as in most other Alts, with strong coherence of the Fibonacci projection tools at certain levels. An Elliott Wave count show ZIL is commencing sub-Wave 3 of its final Wave 5 movement, so it should be up from here.
What's your target for ZIL?
ZIL (Zilliqa) GAINS COMING?ZIL is making a great inverse H&S on daily tf and a breakout will make ZIL fly towards our target 2 - target 3 atleast.
ZIL has been in consolidation for so long and been under so many resistance but it looks like that Zilliqa is now trying to break everything.
Entry is here with a sl below head of the inv H&S with takeprofits marked.
ZIL in a falling wedge!Here's a quick look at ZIL 8 hr chart. As we can see, the price has been forming an falling wedge and we could se a very big move when finally does break out! Definitely one to keep an eye on.
The best entry would be, when the price breaks above the falling wedge with good amount of volume .
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The idea is: Buy the breakout from the falling wedge and take profits at the levels shown in the chart.
Targets:
- Profits can be taken in the resistance zone .
1. 0.113$
2. 0.121$
3. 0.136$
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BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
ZILUSDT , Where are we ?? Hello guys
whats up ? i hope all of you take profit , take good profit from the market
In here we have a amazing fundamental powerful coin in crytpo
From technical sight : we are in downward trend But we can take breakout wave whole of the wave not micro wave of micro wave
then this fall down price we can call it , it is a pullback
we should wait until the price is coming to the buy zone area then wait to take signal in lower mutli-time frame then buy and take long position and DONT FORGET USE STOP LOSS .
I think ZIL can reach another time to the ATH but this is a market we cant predict the price exactly we say this scenario can be happen because of why why why
if you have any question , send me messages
Good Luck
Abtin
ZIL - ABCDE CorrectionZIL potentially will spike up from the correction . This is going to be pretty huge!