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Zilusdt

ZIL/USDT - Upcoming Reversal ZIL has pulled back and is in a sharp descending triangle. I would wait to see the breakout of the the top of the triangle resistance and confirm the retest the top line as support before putting in a long position. This is not Financial Advice. This is simply an idea of chart patten recognition I will be using to compare in the future. Do your own research and practice proper risk management. Good luck to all. More information of descending triangles: www.investopedia.com
Long
by thecryptoapex
3
ZILLIQA what is next 💡Based on the chart after long time, we can see appropriate amount of volume for the price and sharp candlesticks ✔️ if this volume continues, and the price stays above the support area, we will see more gain 🚀 before more gain, we can see brief correction to the downside (close to our Fibonacci levels support zone) if the price breaks the support area here to the downside, we will see more correction ❌🧨 Please, feel free to ask your question, write it in the comments below, and I will answer.🐋
by MadWhale
5
ZIL/USDT - Cup and Handle on the hourlyIs 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
Long
by thecryptoapex
19
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
ZILLIQA old star, time to shine 🌟🚀⭐Based on the chart after long time, we can see appropriate amount of volume for the price and sharp candlesticks ✔️ if this volume continues, and the price stays above the support area, we will see more gain 🚀 before more gain, we can see brief correction to the downside (close to our Fibonacci levels support zone) after a long time of correction to the downside, we can see more gain for zilusdt 🚀 our next targets and vital resistance area are located on the chart ✔️ if the price breaks the resistance area, here we will see more gain and new targets 🚀 Please, feel free to ask your question, write it in the comments below, and I will answer.🐋
Long
by MadWhale
10
ZILUSDT Analysis (GLOBAL VISION)Hello friends. Please support my work by clicking the LIKE button👍 (If you liked).Thank you! Everything on the chart. (update) Nothing has changed from my last idea, everything according plan. MAIN TARGET ZONE AT THE END OF BULL RUN: 0.4-0.5$ risk is justified Good luck everyone! Follow me on TRADINGView, if you don't want to miss my next analysis or signals. It's not financial advice. Dont Forget, always make your own research before to trade my ideas! Open to any questions and suggestions.
Long
by trytofeelpositive
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