Zilusdt
ZIL/USD 2 hour chartThis is my opinion on what could happen to ZIL. Currently, there is a bullish hammer pattern forming.
Zilusdt analyze by DaniyalDaraei crypto veteranZilusdt pair moved great from first leg and after breaking out from triangle
It will simply reaching to first target 0.09 and then after breaking out the ATH (0.097$)
It will reaching to 0.105$ and after that it will confirming the second leg and goes to extension targets.
Use it nice 😍
ZIL/USD longHello guys, this is how i see the trend for Zilliqa in the next days. For me this coin has a very good potential.
*This pattern is the same when DOT was in 5 dollars. Now we know the actual price.
ZILUSDT Daily S/R| Swing High| Declining Volume| Price Action Evening Traders,
Today’s analysis – ZILUSDT- trading above Daily S/R where a respect is bullish,
Points to consider,
- Price Action Descending Channel
- Daily S/R Support
(Bullish OB)
- Swing High Objective
- Declining Volume
- Stochastics Buy Cross
- RSI Dynamic S/R
ZILUSDT’s immediate Price Action is bullish, trading in a Descending Channel above daily S/R that is in confluence with the Bullish Order Block, this allows us to have a bullish bias on the market.
The Swing High is immediate objective; Price Action exceeding this level increases the probability of trend continuation.
Current volume is declining which is indicative of an expansion occurring, this is highly probable as Price Action is trading at a key trade location.
The Stochastics has a buy cross coming to fruition that will coincide with a respect of the RSI Dynamic S/R, this will increase the bullish probability.
Overall, in my opinion, ZILUSDT is a valid long with defined risk, Price Action is to be used upon discretion/ management.
Hope this analysis helps!
Thank you for following my work
And remember,
“Confidence is not "I will profit on this trade." Confidence is "I will be fine if I don't profit from this trade.” ― Yvan Byeajee,
Zil is on the run after breaking the descending channel!Zil broke finally out of the descending channel it formed on the way down from its previous high at 1 cent
Zil bounce off the strong support at the 0,066 range and finally reach a major resistance at the 0,85
But now it finds support at the old descending channel that could be a start of a major bull run toward the upside
expect resistance and correction on the way up at different levels especially the 0,09 and 0,1 barrier, if that one broken then we can see a 0,15 Zil easily
Trade carefully
Zil/Usdt- A different perspective.What we have here- Highlighted above is what happens every time there is a daily cross up on the stochastic.
1. 21st Sep to 2nd Oct - 72% rise.
2. 25Th oct to 25th nov - 119.45% rise.
3.10th Dec- 27Th Dec - 255% rise.
Now, the RSI has bounced off the support beautifully, however, the price is reacting strongly to the long term accumulation trend line which is the major overhead resistance that zil will have to overcome to give us another statistically probable move to the upside riding on the momentum provided to us by the stochastic cross on the daily.
$ZIL (ZILLIQA) STILL CORRECTING. NICE SHORT SETUP Hello traders & investors.
We have neutral ground play on this 2H chart. RSI is between 60 - 40 corrective and chopy price action while we are inside of it.
We should see a relatively rapid sell - off very soon.
I'm short from $0.08187. Will flip long at $0.056!
Once we lose that $0.078 level - longs will get rekt pretty quickly.
Will post simmilar Idea that I see on other alt soon! Enjoy the ride, let's make money.
This is not a financial advice :)
ZILUSDT - Uptrend continuation 🔼 ZILUSDT is printing a falling wedge pattern.
Price is testing the wedge resistance.
RSI is printing a bullish divergence signal.
Price action is printing the double bottom reversal pattern.
Buy entry ⬆️ - breakout above the falling wedge resistance + double bottom neckline resistance.
Target 🎯 - resistance levels.
Setup invalidation ❌ - breakdown below the the double bottom support.
Can we touch ATH of ZIL in Few Weeks?As you see in the chart we have strong ascending channel in daily time frame, we can see that price has reacted several times to the midline and top and down of the channel and make it reliable, in case of strong Rejection by Midline marked as number 4 eliot wave , we could be hopeful that bullish continuation will touch top of the channel and also hit the ZIL ATH in a few weeks.
How does a 60% discount sound like?It sounds like this chart above.
Foremost, Happy New Year! Indeed it has been, right?
$ZIL surpassed expectations as Cycle Wave II's compressed consolidation resulted in an explosive end of year run, briefly breaking Jul 2018's resistance.
Let's start the year with a macro view of $ZIL's performance in the short term ( ~9days to 50days ). So, good news and bad news.
The good news is that I do not personally feel that this bull run is over, shown here with my bullish estimation of an upcoming Wave V ( target price $0.11-$0.12 ).
The bad news is that I do not personally feel that Cycle Wave IV ( a corrective zig-zag ABC ) is over. Over the past few days, Bears are running riot as Bulls are taking a deserved breather. We can take Aug 2018's high of $0.049 as our immediate support level, which coincides with a Wave IV fib retracement 61.8% ($0.047).
Nevertheless, $ZIL is playing out within the 'buy the dip' range of $0.047 to $0.069.
So should one buy $ZIL today? 60% discount..