Zilusdt
Zilliqa (ZIL)Hi everyone,
This is my description:
Purple Lines: Support & Resistance (for a week) “VERY IMPORTANT”
Blue Lines: Support & Resistance (for a day) “IMPORTANT”
Orange Lines: Support & Resistance (for a 4H)
Thanks for your attention.
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ZIL inverted head and shoulders potential to increase 90%#ZILUSDT
$ZIL shaped an inverted head and shoulders, also another head and shoulders in right shoulder that broke out from neck line and resisted by neck line of bigger H&S.
if price hold above the neck line, the first target is around $0.143 (30%) , and next target will be around $0.2 (90%)
if price break down from ascending support line this scenario will be invalid.
ZIL looks similar to MANAIf you follow me you might have seen my signal about MANA which it's pumping hard after Zuckemberg announced Facebook's rebrand and their commitment to create metaverse. This signal about ZIL is just because this set up looks a lot similar to MANA although indicators were a lot more bullish on MANA even before FB's rebrand.
MIght be worth to buy some. Use my trendilnes for stop losses
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.
ZilliqaZil is continuing to perform well this year. With a new hire, former Brave chief scientist Ben Livshits as CEO. We can expect from Zilliqa that it can go much further, a good asset even as a holding company. After this correction we went into a climax. And we start to build up doing an inverted shoulder-head-shoulder pattern, which signals that the bulls are still in the game. In relation to other altcoins we are late as they have already corrected and continues to rise. Zilliqa is a bit behind but is in a very strong pattern of accumulation, when it breaks the NL it will fly. Her target is $1!
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.